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Tuesday 27 August 2024
SK Group obtains three major weapons to strike global AI market
To seize the initiative in AI, the SK Group revealed that it is ready to use "three weapons," namely HBM, GTAA, and energy solutions. It hopes to sound the attack on the semiconductor, AI infrastructure, and AI service areas to strengthen future competition power
Tuesday 27 August 2024
China-South Korea Semiconductor Fund fuels Wuxi's rise as a hub for South Korean chip firms
With TSMC expanding its presence in the United States, Japan, and Europe, many suppliers have followed suit, venturing abroad to establish new operations
Tuesday 27 August 2024
Indian wearable vendors face Chinese competition
Chinese smartphone manufacturers are preparing to make a strong push into the Indian wearable device market, a space traditionally dominated by local companies. It remains to be seen whether these Chinese firms will replicate their success in other sectors by outcompeting domestic players
Tuesday 27 August 2024
India expands partnership with Singapore to include semiconductors and advanced manufacturing
Following a semiconductor collaboration with Malaysia, India further expanded its partnership with Singapore to include advanced manufacturing, semiconductors, aviation, and other sectors in their latest ministerial roundtable
Tuesday 27 August 2024
Samsung sees surge in memory production in 1H24
Samsung Electronics reported a significant increase in memory chip production in the first half of 2024, surpassing 1 trillion chips. This surge is largely driven by a recovery in the memory market and Samsung's intensified focus on high bandwidth memory (HBM)
Tuesday 27 August 2024
Handset panel demand weakening in 2H24
Demand for LTPS LCD and AMOLED handset panels is expected to decelerate in the second half of 2024 with prices weakening, as handset customers start adjusting inventory, according to sources from the supply chain
Tuesday 27 August 2024
Honor gets strategic investment from China Mobile
Chinese smartphone manufacturer Honor has received an investment from China Mobile Communication Co., the parent company of the country's largest mobile operator. While the exact terms of the deal remain undisclosed, the investment is expected to strengthen Honor's position in the competitive smart device market
Tuesday 27 August 2024
IBM closes R&D department in China amid shift in business strategy and widespread tech layoffs
Following the recent revelation that IBM had closed the intranet access for employees in its Chinese research and development and testing departments, on the morning of August 26, IBM officially announced the closure of its research and development department in China, affecting over 1600 employees
Tuesday 27 August 2024
China-based OSAT major delivers strong performance in 1H24
JCET, a leading Chinese semiconductor packaging and testing services provider, has announced impressive financial performance for the first half of 2024. The company reported a significant revenue increase of over 25% year-over-year, reaching CNY15.49 billion (approximately US$2.176 billion). Net profit attributable to the parent company also surged by more than 25% to CNY0.62 billion
Monday 26 August 2024
Penny a minute voice bots help India startups vie with OpenAI
Earlier this month, executives from Alphabet Inc.'s Google DeepMind, Microsoft Corp. and Meta Platforms Inc. joined tech founders in Bangalore to watch one of India's top AI startups unveil a new product that might change how the world's most populous country uses the technology
Monday 26 August 2024
China EV maker's tepid reply to EU proves costly in tariff spat
SAIC Motor Corp.'s harsh treatment by European Union negotiators is becoming a cautionary tale of Chinese companies being ill-equipped to operate in Western business and political domains
Monday 26 August 2024
IBM to shut China R&D in move affecting 1,000 staff, Yicai says
International Business Machines Corp. is shutting a key research division in China in a move affecting more than 1,000 employees, local media including Yicai reported, in the latest pullback by a US name from the world's No. 2 economy
Monday 26 August 2024
Longsys-Kingston joint venture stalls, Shanghai plant sale in limbo
The partnership between memory giants Longsys and Kingston seems to have hit a major snag
Monday 26 August 2024
India-based Kaynes inaugurates EMS facility in Hyderabad
According to a corporate filing, Indian electronics manufacturing services (EMS) provider Kaynes Technology has inaugurated a new manufacturing facility in Hyderabad. The plant opened on August 23 and is a key part of the company's expansion strategy, highlighting its commitment to innovation, sustainability, and excellence
Monday 26 August 2024
Kaynes SemiCon secures India's first paying OSAT customer for advanced semiconductor packaging
Kaynes SemiCon, a wholly owned subsidiary of Kaynes Technology, has signed a landmark memorandum of understanding (MoU) with Lightspeed Photonics, securing India's first paying customer for outsourced semiconductor assembly and test (OSAT) services, according to CEO Raghu Panicker
Research Report Database
Summary of Tech Supply Chain News!
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research