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Friday 3 May 2024
Huawei auto partner Seres starts earning profit while Aito M7 accident creates uncertainty
Chinese carmaker Seres, a Huawei partner, came out of the red in the first quarter of 2024 after experiencing losses for five years. The Aito EVs it co-developed with Huawei have...
Friday 3 May 2024
Ibiden's fiscal slump: IC substrates drive profit plunge, amid promising AI demand
Japan-based IC substrate manufacturer Ibiden saw a decline in its fiscal performance for 2023 (April 2023 to March 2024).
Friday 3 May 2024
Qualcomm sees smartphone demand surge, eyes AI PC market entry
Qualcomm's first-quarter fiscal report has signaled an ongoing recovery in smartphone demand, with robust demand in the high-end Chinese smartphone market.
Friday 3 May 2024
Pegatron latest company to venture into Traditional Chinese AI LLMs; partners up with NTU team
Following in the footsteps of MediaTek, Pegatron is also starting to use open-source models to build a Traditional Chinese LLM, with partners including Nvidia and other industry representatives...
Friday 3 May 2024
Microsoft CEO wraps up Southeast Asia tour, pledging billions into AI talent boost and establishment of data centers
Microsoft CEO Satya Nadella's tour across Southeast Asia has concluded, having visited three key countries: Indonesia, Thailand, and Malaysia, as part of the company's strategic outreach...
Friday 3 May 2024
Meta struggled to monetize AI products in near term
Meta regained market focus with the widespread popularity of its open Llama. Nevertheless, as its AI investments are still in the early stages, it will take years to see returns.
Friday 3 May 2024
Trade war likely drives up European, US consumers' interest in Chinese EV
While the European Union and the US have imposed many restrictions on China-made EVs, the measures seem also to benefit Chinese carmakers. European and US consumers have become more...
Friday 3 May 2024
Samsung's MX division scores stellar 1Q24 results fueled by AI-powered Galaxy S24 success
Bolstered by strong sales of its first AI smartphone, the Galaxy S24 series, which debuted earlier this year, Samsung Electronics Mobile eXperience (MX) division achieved remarkable...
Friday 3 May 2024
Microsoft's OpenAI investment driven by fear of falling behind Google: 2019 email unveils
A newly surfaced internal email revealed what drove Microsoft's decision to invest in OpenAI.
Friday 3 May 2024
Japan takes ambitious action on advanced packaging technology to capture Chiplet and AI chip opportunities
The potential of advanced packaging technology to upgrade chip performance has attracted many Japanese equipment and material suppliers to allocate their resources in this highly...
Friday 3 May 2024
Foxconn, ZF establish car chassis system joint venture
Foxconn has invested in critical EV components and modules, in addition to vehicle manufacturing, to scale its EV venture. Its partner ZF Group, one of the leading automotive suppliers,...
Friday 3 May 2024
Elan expects chip demand for AI PCs to emerge as early as 4Q24
Touch controller chip and fingerprint sensor specialist Elan Microelectronics believes that demand for AI PCs will rise and ferment as early as the fourth quarter of 2024.
Friday 3 May 2024
Why did BYD's 1Q24 profits drop by 47.3% compared to previous quarter?
In the first quarter of 2024, BYD's net profit was CNY4.57 billion (approx. US$630 million), a year-on-year increase of 10.6%, but a significant decrease of 47.3% compared to the...
Friday 3 May 2024
AI fuels Taiwan GDP growth in 1Q24
Taiwan's GDP increased by 6.51% from the previous year in the first quarter of 2024, outpacing South Korea's 3.4% and Singapore's 2.7%, thanks to exports of AI chips and AI servers...
Friday 3 May 2024
PTI raises 2024 capex by 50% to boost HBM production for lucrative AI opportunities
Taiwan's top memory backend specialist Powertech Technology (PTI) has decided to sharply raise its capital expenditure for 2024 from the original NT$10 billion (US$307.22 million)...