Samsung Display (SDC) and LG Display (LGD) are set to supply slightly over 130 million OLED panels for Apple's new iPhones, while China's BOE Technology has yet to clear the validation process, possibly due to its ongoing lawsuit with Samsung
TAC optical film manufacturer TacBright Optronics held a shareholders' meeting on the 5th, successfully passing various proposals. TacBright pointed out that in 2024, with the larger sizes of LCD TVs and the gradual ramp-up of polarizer production capacity in China, market demand will slightly increase compared to 2023. Sales volume is expected to rise by more than 5%
The European Union is expected to announce punitive tariffs on China-made EVs after the European Parliament's election this week. Many European-branded vehicles and Tesla EVs are manufactured in China. These cars, which will be subject to the higher levy, account for 60% of the EVs that the EU imports
Data center leasing is emerging as a promising opportunity amid the rising demand for AI. Subsidiaries of the Hon Hai Technology Group (Foxconn) are gearing up to build advanced data centers, which can be leased to meet the increasing demand driven by AI advancements
Nvidia CEO Jensen Huang disclosed that the next-generation Rubin platform will be equipped with 6th-gen high bandwidth memory - HBM4 at his keynote ahead of the Computex 2024 exhibition
Automotive Cells Company (ACC), a battery maker backed by Stellantis and Mercedes-Benz, said it has paused plans for new factories in Germany and Italy. The France-headquartered company aims to put more resources into cheaper batteries before growing production
After delivering a keynote speech at Computex 2024, Intel CEO Pat Gelsinger was originally scheduled to visit South Korea on June 5 to attend Intel's AI forum. However, recent reports indicate that Gelsinger has canceled his trip to South Korea, sparking concerns in the South Korean industry about the status disparity between the semiconductor industries of Taiwan and South Korea
Driven by the Artificial Intelligence (AI) fervor, semiconductor foundry utilization rates are recovering worldwide. Industry sources in South Korea say that the average global semiconductor foundry utilization rate has recently reached around 75%, and they are optimistic that the average utilization rate will exceed 80% in the second half of 2024
STMicroelectronics (ST) and Geely have announced a multi-year agreement for the supply of Silicon Carbide (SiC) devices and the establishment of a joint lab to collaborate on vehicle electrification and digitalization. This deal comes as China emerges as a major EV market that component suppliers cannot afford to ignore, with automakers increasingly forming direct relationships with these suppliers
The long-rumored third phase of China's national semiconductor fund, commonly known as "the Big Fund," has finally been officially announced. The fund scale of CNY344 billion (US$47.5 billion) makes it the largest funding project in China's chip history and far exceeds previous market expectations
By collaborating with Horizon Robotics Technology, Sony is vying for a bigger presence in China's automotive CMOS image sensor (CIS) market, according to industry sources
China-based IC design major Unisoc reportedly successfully raised funds worth CNY4 billion (US$552 million). Unisoc is likely to secure further investment from Chin's Big Fund Phase III, providing additional capital for its operations and potentially leading to an eventual listing
To improve development efficiency and improve product performance amid the AI trend, Samsung Electronics is reportedly incorporating AI technology into its system semiconductor development. This technology is already being utilized in Samsung's in-house mobile application processor (AP) Exynos, among other projects
