One of China's most prominent chip gear makers is suing the Pentagon for linking it to the People's Liberation Army, seeking to get off a blacklist that bars business with American firms
Bloomberg previously reported that China's Ministry of Industry and Information Technology (MIIT) has instructed EV companies like BYD and Geely to increase the procurement of domestic electronic components and accelerate the adoption of locally produced semiconductor chips. Although there was an informal target for EV companies to increase the share of domestic chips to 20% by 2025, progress has been slow
L&T Semiconductor Technologies, an Indian startup set up less than a year ago, expects to begin developing chips for six automobile companies and eventually venture into the chipmaking business
Owning to overseas markets entering the traditional strong season and Chinese brand vendors launching new promotions for Singles' Day in November for the domestic market, their combined smartphone shipments worldwide are expected to rise sequentially in both quarters of the second half, according to DIGITIMES Research's new report covering the China smartphone industry
Chinese automakers are accelerating the localization of automotive chips to avoid being bottlenecked by chip supply chains and reduce reliance on foreign chips
China's smartphone application processor (AP) shipments returned to the traditional off-season pattern in the second quarter of 2024, with a slight quarter-on-quarter increase of 3%. According to DIGITIMES Research's latest report on AP shipments to Chinese smartphone vendors, volumes are expected to increase by more than 9% quarter-on-quarter in the third quarter as smartphone vendors enter the traditional peak season
India's smartphone market experienced a 7.2% shipment growth during the first half of 2024. However, as premiumization continues, consumer demand is expected to remain constrained
On August 15, Applied Materials held an earnings call, noting that Intel's planned reduction in capital expenditures is expected to have minimal impact on the company. Applied Materials remains optimistic about the growing demand for packaging and testing in China. However, the future of DRAM investment in China remains uncertain
Lenovo Group Ltd. reported better-than-expected quarterly profit, affirming hopes for a gradual computing industry recovery driven by global AI spending
Ola Electric, which just went public in early August, released its first financial results after IPO, with gross margin improving despite larger losses
LG Chem's OLED evaporation materials business is experiencing robust growth, positioning the company to potentially surpass DuPont and claim the second-largest market share in the global OLED evaporation materials market by 2024, according to market research firm DSCC's "AMOLED Materials Report.
