Two pieces of news regarding smartphone makers-turned-car producers stood out in the first quarter of 2024: Apple reportedly canceled its vehicle project, and Xiaomi rolled out its first EV
China remains a critical car market while a reshuffle has been underway. Several suppliers who had focused on safety components entered the EV radiator segment per customers' requests, and it has been a challenging expansion
Chinese DRAM maker ChangXin Memory Technologies (CXMT), one of the biggest unicorn companies in China, has raised CNY10.8 billion (US$1.5 billion) in its latest round of financing
Stricter chip export bans by the US Department of Commerce on China may overshadow the potential of China's AI PC market, according to industry sources
Automotive semiconductors will see an improved market in the second quarter of 2024 after experiencing a market bottom and a slow season. However, the situations will vary in different regions and suppliers. The main reason is the inconsistent demand for EVs in Europe, the US, and China
China's automakers are piling in to take advantage of Tesla Inc.'s recent price hike and defend against Xiaomi Corp.'s disruptive market entry, offering sweeteners such as subsidies and coupons to lure would-be car buyers
OpenAI plans to open an office in Tokyo in April, according to a person familiar with the matter, as the artificial intelligence pioneer begins to build out its international operations
As channel and client inventory adjustments gradually come to an end, the microcontroller (MCU) industry expects inventory to return to a healthy level in the second quarter of 2024, while market prices continue to reflect cost structures. Industry players believe that the subsequent replenishment effect depends on the recovery of the end-consumer market. With the upcoming Chinese 618 shopping festival, there is hope for a resurgence in demand, making the second quarter a crucial period for industry recovery