Chinese electric vehicle (EV) manufacturers such as BYD, Hozon Auto, and Xpeng Motors are seeking to replicate the success of Transsion Holdings in the mobile phone business by venturing into new markets in Central Asia, the Middle East, and Africa
Chinese handset brands' international sales performances will be crucial in easing the pressure Qualcomm and MediaTek are seeing from Huawei's revival in China's market, according to industry sources
When Wu Cunsong and Chen Binghui founded their artificial intelligence startup two years ago in Hangzhou, China, they quickly ran into obstacles, including a dearth of venture capital. This March, they did what scores of other Chinese AI firms have done and moved their company, Tabcut, 2,500 miles southwest to Singapore
South Korea's export growth accelerated last month, reflecting resilience in global demand as the artificial intelligence and technology sectors drive record gains in semiconductor sales
The US-China technology trade war is forcing China's local technology enterprises to stand on their own feet and further strengthen the self-sufficiency of their local supply chains. Recently, nine listed technology companies under the Chinese Academy of Sciences (CAS) have joined together to show off their latest products and technological advances, demonstrating the resilience of the local supply chain and its ability to defy external blockades and sieges
Samsung Electronics recently announced that it has successfully built the industry's first Compute Express Link (CXL) infrastructure facility certified by Red Hat. This will help provide customized services and seize market opportunities
Following discussions with the CEOs of Nvidia and TSMC about AI semiconductor collaboration, SK Group chairman Chey Tae-won (Anthony Chey) visited the US in June 2024 and met with major US tech company executives, including OpenAI and Microsoft, to reinforce partnerships with AI service providers
The Volkswagen Group, one of the major foreign automakers operating in China, signed multiple new energy technology cooperation agreements with the SAIC Group on June 27
Samsung Electronics emerged as the leader in the global semiconductor market (excluding foundry) in the first quarter of 2024, capturing an 11% market share by sales value, according to Counterpoint Research statistics cited by South Korean media outlets Business Post and Edaily
The global automotive market is expected to become cautiously optimistic in the third quarter of 2024 as uncertainties like the European Union's election and the bloc's provisional tariffs on Chinese EVs diminish. The coming quarter offers the best opportunity for governments to boost the economy
South Korea faces a severe talent drain in the AI and semiconductor sectors due to a stark salary gap compared to their US counterparts, posing a national security threat as these industries are critical drivers of South Korea's economic and technological competitiveness
