South Korean battery equipment business CIS has announced its plan to merge with affiliate SNU Precision. As SFA is the largest shareholder for both companies, other related affiliated businesses are expected to be consolidated following the merger. SFA aims to organically combine CIS's and SNU Precision's technologies to enhance business capabilities and develop new ventures
The Biden administration plans to impose export controls on critical technologies including quantum computing and semiconductor goods, seeking to align key allies in a US-led push to thwart advancements in China and other adversarial nations
South Korea will make it mandatory for electric car makers to disclose the names of their battery suppliers and manufacturing technology to alleviate concerns over EV battery fires
Recent reports suggest that Chinese GPU startup Xiangdixian Computing Technology has collapsed due to funding issues and dismissed its entire workforce. However, the company later issued a statement clarifying that it is undergoing organizational restructuring and has not commenced dissolution or liquidation
China-based display solutions supplier BOE Technology has unveiled a roadmap for diversification into making glass substrates for semiconductor packaging
Tesla Inc. plans to launch the advanced driver assistance system that it calls Full Self Driving technology in China and Europe in the first quarter of next year, pending regulatory approvals
Riding the wave of the booming artificial intelligence (AI) industry, China's leading server maker, Inspur Electronics Information Industry, reported a record-high revenue of over CNY 42 billion (US$5.89 billion) in the first half of 2024. However, the company's gross margin fell to its lowest point since going public in 2000
China's top electric vehicle maker BYD Co. won't announce a major plant investment in Mexico until at least after the US election, according to people familiar with the matter, as shifting American policy forces global businesses into wait-and-see mode
The EU's announcement of a 36.3% electric vehicle (EV) tariff on SAIC Motor has placed significant pressure on the automaker. Its revenue for the first half of 2024 was surpassed by competitor BYD, and future profits are likely to be further squeezed by the tariffs
Iris Optronics, a cholesteric liquid crystal display (ChLCD) technology provider, has established its first overseas subsidiary in Qingpu District, Shanghai
Despite Samsung Electronics' high expectations for the sales performance of its newly launched foldable smartphones, the Galaxy Z Fold 6 and Flip 6, intense competition from rivals such as Huawei, Xiaomi, Honor, and Motorola is rapidly intensifying. This competition has forced Samsung to reconsider its strategy regarding the positioning and pricing of its foldable smartphones
On August 20, the highly anticipated Chinese AAA single-player game "Black Myth: Wukong" was officially launched worldwide. In just three days, it sold over 10 million copies and generated CNY3 billion (approx. US$422 million) in revenue. Considering that the total sales revenue in the Chinese console game market for the first half of 2024 was around CNY700 million, Black Myth: Wukong more than quadrupled that figure in just three days
Huawei's HiSilicon Full-Connection Conference is scheduled for September 9 in Shenzhen, just one day before Apple's annual iPhone launch event. While the timing's intent remains unclear, Huawei has emphasized the inaugural nature of the conference, fueling speculation about its significance
SK Hynix has announced the successful development of the world's first sixth-generation 10nm-class DRAM (1c DRAM), surpassing industry leader Samsung Electronics in achieving mass production readiness for this new product
