A White House official said on December 27 that the US identified a ninth telecommunications company impacted by a wide-ranging Chinese espionage effort and that further steps are planned to curb cyberattacks from Beijing
China's two major crystalline silicon suppliers for solar cells announced production cuts in response to the current market downturn, where the industry is trying to cope with oversupply, decreasing prices, and fierce competition
Despite the rebound in LCD demand driving panel manufacturers' utilization rates, the weak demand for OLED TVs is expected to hinder improvements in utilization rates for OLED panel factories during the first half of 2024. Analysts suggest that the display industry has entered a growth cycle dominated by IT OLEDs, and with the widespread adoption of artificial intelligence (AI) promoting low-power trends, OLED growth is still anticipated to continue
Sharp has announced the sale of its camera module assets to Fullertain Information Technologies, a subsidiary of Foxconn. Sharp stated that this move will reduce the investment burden connected with its equipment business
Chinese Goertek is set to invest US$570 million into expanding its operations in Bac Ninh, Vietnam, pending the necessary approvals from local authorities
India's semiconductor ambitions are gaining momentum with initiatives like SEMI's planned Semiconductor Academy and Mindgrove Technologies' US$8M RISC-V funding. Marvell and Synaptics emphasize India's potential at the VLSI conference and beyond, while Wistron, Sunnic, and Micromax strengthen local capabilities through investments, diversification, and partnerships supporting AI and chip innovations
TSMC's first wafer fab in Kumamoto, Japan, operated by its subsidiary Japan Advanced Semiconductor Manufacturing (JASM), has officially begun mass production, marking a significant milestone for the region's semiconductor manufacturing capabilities
South Korea's parliament passed the "Act on the Development of Artificial Intelligence and Establishing a Trustworthy Foundation" (AI Basic Act) on December 26, 2024, establishing a comprehensive regulatory framework as the country aims to position itself among the world's top three AI leaders by 2027
Tesla's Shanghai Megafactory in Lingang is on track for completion by the end of 2024, with production anticipated to start in the first quarter of 2025, underscoring the company's commitment to rapid expansion in energy storage manufacturing
Royole Technologies, once a leading innovator in flexible OLED panels, has seen its assets go unsold in multiple auctions following its bankruptcy filing in a Shenzhen court in November 2024. According to Nikkei, IC Smart, and 36kr, the company's liquidation process has stalled despite price reductions
A prominent Chinese silicon carbide (SiC) manufacturer has filed for bankruptcy amid intense market competition, yet numerous competitors continue expanding production capacity despite market oversupply
J&V Energy has announced the formal signing of a memorandum of understanding (MOU) with Thailand's ESPRO. The two parties will jointly establish a holding company in Thailand, focusing on the development and operational management of green energy projects in the region
Xiaomi founder, chairman, and CEO Jun Lei announced on December 25, 2024, that the company's automotive division has partnered with Nio, XPeng, and Li Auto to integrate their charging networks. The collaboration will add over 10,000 charging stations to Xiaomi's charging map
Despite the fact that Huawei employs mobile processors manufactured by China's SMIC, the company continues to rely on non-Chinese memory manufacturers for its premium smartphones, according to market sources
