Elon Musk's quick visit to China paid immediate dividends, with Tesla Inc. clearing two key hurdles to introduce its driver-assistance system to the world's biggest auto market.
After getting a jump on competitors in the latest round of China's electric-vehicle price war, BYD Co. now faces a key test of proving that it can withstand the impact on profits.
Taiwan's major NAND controller manufacturer Phison Electronics has decided to establish a startup company, MaiStorage, with an investment of MYR 100 million (US$21.09 million).
Responding to various rumors about the company's operations, MediaTek CEO Rick Tsai not only mentioned that the annual revenue growth rate of flagship smartphone SoCs will exceed 50% but also set a goal of achieving a 30% market share in the Chinese flagship smartphone market in the short term.
Samsung Electronics has been actively promoting the open-source instruction set architecture, RISC-V, as a crucial technology for developing next-generation AI chips. However, the ongoing investigation by the US Department of Commerce (DOC) into potential national security risks resulting from China's proactive involvement in RISC-V could hinder Samsung's RISC-V ecosystem development plans.
Taiwanese semiconductor company MediaTek has said it is bullish on India and expects to grow in R&D and market penetration. Speaking to Digitimes Asia recently, Anku Jain, MD of MediaTek India, mentioned although the pace of growth will depend on various factors, they are committed to growing their presence here.
King Yuan Electronics (KYEC) decided to sell its assets in China, another Taiwan-based OSAT major leaving China, as the US-China geopolitical tensions are reshaping the OSAT industry.
Sharp is reportedly talking to the Indian government about a plan to set up a 10G display plant in India, which may be the first display fab and is likely eligible for the semiconductor incentive scheme.
China recently released official data indicating that in 2023, China's automobile production and sales generated a total value of CNY11 trillion (approx. US$1.52 trillion), accounting for nearly 10% of the country's GDP and surpassing real estate for the first time to become its primary economic pillar. However, the cutthroat price war in the automotive industry has also become one of the reasons for China's deflation issues.
Huawei Technologies Co.'s latest smartphones carry a version of the advanced made-in-China processor it revealed last year, independent analysis revealed, underscoring the Chinese company's ability to sustain production of the controversial chip.
Huawei continues its relentless journey towards chip self-sufficiency, showcasing signs of China's further advancements in advanced manufacturing processes.
Japan-based electric motor manufacturer Nidec is reducing its products for the Chinese EV sector and planning to increase its sales of electric motors for industrial machinery in the US. Both measures aim to improve Nidec's profit. Its net income will likely hit JPY165 billion (US$1.06 billion) in fiscal 2024, which ends in March 2025.
