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Tuesday 18 March 2025
Tencent ramps up Nvidia H20 orders as DeepSeek's breakout spurs AI arms race
Tencent Holdings Ltd. has reportedly ordered tens of billions of yuan worth of Nvidia H20 AI chips to support its expansion into large-scale AI applications. Caijing Magazine reports that this surge in demand has created a short-term supply crunch for H20 chips. To meet Tencent's order, Nvidia is now reallocating resources to stabilize deliveries
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Wednesday 19 March 2025
Huawei's HarmonyOS PCs set to launch in 2025, rumors of Windows exit intensify
Industry insiders suggest that since Huawei was placed on the US Entity List in 2019, the company has faced continuous challenges in obtaining related technologies. The license for Windows operating systems for personal computers (PCs) is set to expire in March, raising concerns that ongoing pressure from the US may hinder Huawei's ability to secure a renewal agreement with Microsoft
Wednesday 19 March 2025
Xiaomi's EV launch drives 49% revenue growth, raises 2025 production target
Xiaomi's fourth-quarter financial surge, boasting a 49% revenue jump and a 90% net income rise, was significantly propelled by its successful EV launch. The SU7 exceeded delivery goals, driving Xiaomi to raise its 2025 EV production target to 350,000 units, highlighting a major push into the automotive market
Wednesday 19 March 2025
CATL joins forces with NIO to supercharge China's EV battery-swapping network
CATL, the world's largest electric vehicle (EV) battery manufacturer, has agreed to invest up to CNY2.5 billion (approx. US$345.5 million) in collaboration with NIO to expand China's battery-swapping infrastructure
Wednesday 19 March 2025
Sunwoda invests US$1 billion to build Thailand's first EV battery plant
Thailand has approved a more than US$1 billion investment by Sunwoda Electronic to build an electric vehicle (EV) battery plant in the country, marking Sunwoda as the first EV battery manufacturer in Thailand
Tuesday 18 March 2025
BYD unveils EV battery system that charges in five minutes
BYD unveiled a new system for electric cars that the Chinese automaker says will allow them to charge almost as fast as it takes a regular car to refuel
Tuesday 18 March 2025
Mitsubishi Electric to see sharp growth for defense business
Mitsubishi Electric expects revenue from its defense system business to soar to at least JPY600 billion (approx. US$4.03 billion) in fiscal 2031, with its operating profit to more than quadruple, thanks to an increase in spending by the Japanese government to reinforce the country's defense capabilities
Tuesday 18 March 2025
Aeon Motor reports impressive growth and plans major expansion into new energy markets
Aeon Motor's global market growth, production optimization, and new energy product strategy led to significant financial gains. In the fourth quarter of 2024, revenue was NT$483 million (approx. US$14.66 million), contributing to an annual consolidated revenue of NT$2.29 billion, marking a 6.81% year-over-year increase. In 2025, Aeon Motor plans to strengthen its presence in the two-wheeler market and continue its push into the new energy sector
Tuesday 18 March 2025
Ventec optimistic about high-margin product momentum; hopes new Thailand plant mitigates geopolitical impacts
Copper-clad laminate (CCL) manufacturer Ventec has experienced declining revenue over the past three years but has strategically shifted towards niche specialty materials and high-margin products, progressively boosting its gross margin
Tuesday 18 March 2025
Buima turns to green energy, cost reduction in transition efforts
Construction material maker Buima saw its gross margin reach 14.56% in 2024, boosted by solid shipments of battery module products and a marked increase in exports of metal construction materials, yet heightened competition in the wall panel market in China led to an overall loss for the year. Going forward, the company hopes to see more positive operations from cost reduction strategies and green products
Tuesday 18 March 2025
Demand for Chinese autonomous vehicle brands rises, fueling supply chain growth momentum
According to the China Association of Automobile Manufacturers, China's automobile export volume reached 5.859 million units in 2024, representing a year-over-year increase of 19.3%. This includes 4.574 million internal combustion engine vehicles and 1.284 million new energy vehicles
Tuesday 18 March 2025
With Samsung at make-or-break moment, chairman Lee Jae-yong issues blunt warning to top executives
Samsung Electronics Chairman Lee Jae-yong has reportedly issued a blunt warning to top executives, acknowledging that the company is at a make-or-break moment. In a pre-recorded video message, Lee criticized the leadership for losing Samsung's competitive edge and urged them to adopt a "do-or-die" mindset to confront the crisis head-on
Tuesday 18 March 2025
Samsung races to close 2nm gap: first High-NA EUV deployed at Hwaseong
Samsung Electronics reportedly deployed its first high-NA Extreme Ultraviolet (EUV) lithography machine at its Hwaseong Campus in early March. The move represents a key step in Samsung's push for sub-2nm semiconductor manufacturing. Despite lagging behind, Samsung remains driven to challenge TSMC and Intel in the next-generation foundry market
Tuesday 18 March 2025
Samsung SDI to raise US$1.38 billion for Hungarian plant expansion and solid-state battery investment
Samsung SDI, a subsidiary of Samsung Electronics, has announced plans to conduct a paid capital increase of KRW2 trillion (US$1.38 billion) to expand its Hungarian factory and invest in solid-state battery technology. The paid capital increase, a process where a company issues new shares to raise funds for strategic investments, will enable Samsung SDI to finance its ambitious expansion plans
Monday 17 March 2025
Samsung talent crisis: Corporate culture and decision-making to blame?
Samsung Electronics has struggled to retain the top-tier professionals it recruited in semiconductors, robotics, big data, and artificial intelligence (AI). The departure of these key talents points to a concerning pattern that industry watchers link to potential issues within Samsung's corporate culture and decision-making approach. As these specialized experts continue to leave, questions emerge about the company's ability to sustain innovation in critical technology sectors
Monday 17 March 2025
China's AI infrastructure surge fuels SSD boom, fast-tracks local memory supply chain
AI adoption is surging, with large-scale models like DeepSeek fueling a sharp rise in memory demand. Following DeepSeek's breakthrough during Lunar New Year, China has accelerated AI deployment across healthcare, finance, and government, driving the rapid expansion of its AI infrastructure
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Intel signals overhaul of IDM 2.0 and foundry strategy with Lip-Bu Tan's appointment, says DIGITIMES