Chinese home appliance manufacturer Midea Group signed a strategic partnership with EV company Nio to develop EV components and other technology.

Following an anti-subsidy investigation on China-made EVs launched in 2023, the European Union is reportedly considering resuming the anti-dumping and anti-subsidy probes on Chinese photovoltaic (PV) panels.

Coinciding with ASML's 40^th anniversary, Martin van den Brink and Peter Wennink, Co-Presidents of Dutch semiconductor equipment manufacturer ASML, are set to retire in the spring of 2024. Their departure marks the end of an era and a remarkable chapter in ASML's corporate history.

SK Group is reportedly planning to merge its battery company, SK On, and lubricant subsidiary, SK Enmove, to proceed with turning SK On into a publicly traded business. The news came after SK Group said it might delay the battery arm's initial public offering (IPO).

Microsoft Corp. will invest $2.9 billion over the next two years to boost its hyperscale cloud computing and artificial intelligence infrastructure in Japan, marking its biggest investment in the country.

The average growth of equipment investments by Japanese enterprises is projected to reach 8.5% during fiscal 2024 (April 2024-March 2025), marking the highest surge since 1989, according to the latest Short-Term Economic Survey of Enterprises released on April 1 by the Bank of Japan.

China boasts the world's largest market for pure electric and hybrid vehicles.

China is experiencing a reshuffling of the EV market after rapidly scaling the sector. As the situation intensifies, some automotive parts companies have gradually reduced supplies to China's homegrown carmakers, shifting focus to European, US, and other customers.

The Chinese government is pushing large-scale equipment upgrades and a trade-in policy of exchanging old consumer goods for new ones.

TSMC and Japan's Kumamoto University have announced a collaboration to cultivate semiconductor talent and conduct semiconductor research. Ever since TSMC built a wafer fab in Kumamoto through its subsidiary JASM, there have been concerns over the shortage of local semiconductor talent. To alleviate these concerns, TSMC has partnered with Kyushu University, Kumamoto University, and others to nurture more talents.

A recent report from the Wall Street Journal (WSJ) has emerged, indicating Baidu is poised to provide AI capabilities for Apple's next-generation iPhone 16.

China's production capacity in mature semiconductor processes has continued to grow with the substantial financial backing of the government. For power semiconductor manufacturer Force-MOS, the company has been avoiding the cutthroat price slashing in China's electric vehicle (EV) market, and as MOSFET wafer shipments held steady in the first quarter of 2024, order volumes are expected to remain at the same level reaching into the second quarter.

China was already the largest OLED panel producer in 2023, manufacturing 51% of the world's OLED panels. Now it's actively increasing its capacity for OLED materials, for which China's market share in 2023 was 38%.

Innolux, which has been actively developing its non-display business, is about to shut down its Nanjing plant.

Shares of South Korean electrical equipment makers are among the biggest winners in the country's stock market this year, driven by an anticipated surge in power demand from artificial intelligence and data centers in the US.