The international maritime logistics sector has faced multiple challenges, including the 2023 Red Sea crisis and the recent conflict between Israel and Iran. The regional tension has also alerted automotive suppliers, who are monitoring potential disruptions.
Although Samsung has been the subject of market rumors regarding Nvidia's placement of its 2.5D packaging orders, industry sources recently said there is no information regarding the timetable for collaboration and the number of orders for certainty. Samsung has declined to comment on market hearsay regarding customers.
Lenovo has unveiled its AI PC series, including the Yoga Book 9i, which features an AI agent named "Xiao Tian" powered by Alibaba's Tongyi Qianwen model.
Apple CEO Tim Cook recently concluded his most extensive Southeast Asia (SEA) tour in years, visiting Vietnam, Indonesia, and Singapore from April 15-19.
The automotive sector is now projected to see negative growth in 2024, with rumblings in the supply chain ever since the beginning of the year, and TSMC lowering its expectations at its recent earnings call.
India introduced a policy to lower the tariffs on imported EVs to attract global EV manufacturers to set up manufacturing facilities in the country. Still, despite a growing presence in the global EV market, China-based EV manufacturers may not benefit from India's latest policy.
The Beijing International Automotive Exhibition will return this week following a four-year hiatus due to the COVID-19 pandemic, with major car vendors and startups all raring to go.
Tesla Inc.'s weekend move to slash prices across its range in China risks triggering a new round in the nation's bruising price war, with Li Auto Inc. immediately responding with discounts and cash rebates on new models.
Nvidia announced that Japan's new quantum supercomputer — designed to advance the nation's quantum computing initiative — will be powered by Nvidia platforms for accelerated and quantum computing.
After the memory market, led by DRAM, began to rebound, NAND Flash has also entered the final stages of its downturn. Customer inventories have been consumed, and with the growth in demand driven by Artificial Intelligence (AI), it's reported that Samsung Electronics' NAND utilization rate has increased to nearly 90%.
Japan's Ministry of International Trade and Industry (MITI) unveils a JPY 72.5 billion (US$480 million) subsidy to back Generative AI (GenAI) development by five local firms, including telecom leader KDDI.
Japanese IC substrate manufacturer Shinko Electric Industries has announced that due to poor sales of its main product, flip chip packaging substrates, the upcoming fiscal report for the fiscal year 2023 (April 2023 to March 2024) will see a comprehensive downward revision in both revenue and profit. This marks the second downward revision for Shinko Electric.
