The new head of Samsung Electronics Co.'s semiconductor division urged employees to work their way past challenges in the business, making his first remarks to staff after the surprise departure of his predecessor last week
Samsung Electronics has recently expanded its workforce deployment at its new packaging R&D base in Yokohama, Japan, to expedite construction and support the development of next-generation semiconductor packaging technologies
Sony's semiconductor business division, primarily focused on CMOS Image Sensors (CIS), plans to reduce its equipment investment amount in the next three fiscal years from 2024 to 2026 (April 2024 to March 2027) by about 30% compared to the previous three-year mid-term plan
As China's automotive market plunges into intense internal price competition, Brightek Optoelectronic Co. focuses on automotive LED products as the main driver of its operational growth
The Chinese government will likely take action to retain the country's leading position in the battery sector. State-owned media reported that China may offer CNY6 billion (US$844 million) to six major battery and EV makers to facilitate all-solid-state battery R&D
Samsung Display (SDC) and LG Display (LGD) have reportedly received mass production approval for Apple's iPhone 16 Pro OLED panels simultaneously. This development is anticipated to assist LGD in closing the gap with SDC in the iPhone OLED supply chain
The US Biden administration will increase the tariffs on China-made EVs from 25% to 100% on August 1. China has vowed to retaliate and could raise tariffs on cars with engines larger than 2.5 liters from 15% to 25%
