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
Nvidia CEO Jensen Huang said at a pre-Computex speech that Mercedes-Benz will adopt Nivida's Drive AV system in 2025 and other major carmakers will follow suit in 2026. While maintaining a leading self-driving chips and solutions provider, Nvidia is expected to face tough challenges in the coming years
As multinational companies recognize the importance of diversifying supply chains, India and Vietnam are emerging as key beneficiaries. The electronics and machinery sectors in India are likely to see rising exports in the coming years, says Nomura
A joint survey by PwC Taiwan, and the Taiwan M&A and Private Equity Council highlights a concerning trend: China's M&A market has seen a consistent downturn over the past four years
With Apple's launch of the new iPad Pro tablet that features OLED displays, South Korean providers Samsung Display (SDC) and LG Display (LGD) saw a significant increase in their tablet OLED panel shipments for March 2024
OwlTing, originally a Taiwanese startup using blockchain technologies for farm product resumes and hotelier payment systems, has made remarkable strides in transformation and acquisition and will start providing more cost-effective and faster cross-border financial services to Information Communications Technology (ICT) supply chains transitioning to the Americas
India has surpassed Japan and Australia, becoming Asia's second-largest data center hub after China. Data center capacities in the country are expected to nearly double in the next two years
Chinese foundries including United Nova Technology and Silan, along with substrate suppliers, such as SICC, have all increased their Silicon Carbide (SiC) production capacity
Electric vehicles remain a bright spot in China's auto market as manufacturers of battery-powered cars overcame a slump in consumer spending at home thanks to price cuts and new model launches
