Google has invested in India-based e-commerce giant Flipkart to leverage the local startup ecosystem, capitalize on the growing e-commerce market, and expand its cloud services.
SK Hynix's contract liabilities saw a remarkable sequential increase of over 73% or KRW1.16 trillion (US$855 million) in the first quarter of 2024, sparking speculations that Nvidia has made substantial prepayments to SK Hynix to support the expansion of its production capacity for High Bandwidth Memory (HBM).
Google plans to partner with Foxconn and Dixon Technologies to make Pixel smartphones in India. India's local companies continue to foray into the chipmaking business.
While the media is still buzzing about Huawei joining hands with Semiconductor Manufacturing International (SMIC) to manufacture advanced process 7nm and even 5nm chips, on the same day that TSMC held its 2024 Technology Forum in Hsinchu, China's 26th IC Manufacturing Annual Conference and Supply Chain Innovation Forum was also held in Guangzhou during May 22-24.
Toshiba Electronic Devices & Storage recently hosted a ceremony to commemorate the completion of a new 300-millimeter wafer fabrication facility for power semiconductors and an office building at Kaga Toshiba Electronics in Ishikawa Prefecture, Japan.
Samsung Display (SDC) is reportedly collaborating with Lenovo to develop slidable display devices, suggesting that devices capable of extending the screen by pulling it are about to be commercialized.
After registering a 72% growth in smartphone shipments in the first quarter, Poco, a sub-brand of Xiaomi, is looking to reach an annual smartphone shipment of ten million units in three years in India.
With Jun Young-hyun coming in as a "relief pitcher" to take over as the head of the semiconductor and Device Solutions (DS) division, the South Korean industry pointed out that there seems to be a formula for appointing the head of Samsung's semiconductor division during the Lee Jae-yong era.
Absolics, an affiliate of South Korean chemical material firm SKC and invested by Applied Materials, signed a Preliminary Memorandum of Terms (PMT) with the US Department of Commerce (DoC) on May 23. It is the first semiconductor materials and component supplier to receive the CHIPS Act subsidy.
Tesla no longer emphasizes a sales target of 20 million vehicles by the end of this decade as the company accelerates the development of autonomous driving, its 2023 impact report showed.
Samsung Electronics and SK Hynix's research and development expenses and facility investments for the first quarter of 2024 were higher than those in the first quarter of 2023. It is interpreted by the industry that, with the semiconductor industry rebounding, Samsung and SK Hynix have increased their investment to seize market share.
While the AI market in China is experiencing explosive growth, there are expectations that related services like computing, big data, storage, and data centers will grow accordingly.
The US Department of Commerce on March 23 issued a validated end-user (VEU) license to TSMC Nanjing, replacing the previous temporary exemption given in October 2022, according to Taiwanese media quoting TSMC as saying.
