Through new fundraising, Japan-Taiwan electrical vehicle (EV) manufacturing company Lean Mobility has achieved a cumulative funding of JPY4.6 billion (US$30.8 million), allowing it to reach a crucial milestone towards the mass production of its urban compact EV RideRoid "Lean3.

With Samsung Electronics recently announcing disappointing preliminary financial results for the third quarter of 2024, the upcoming personnel and organizational restructuring at the end of the year has garnered major attention. Reports suggest that Samsung may undertake substantial changes in its executive ranks, with one notable figure being Joo-sun Choi, president and CEO of Samsung Display (SDC)

Amidst Samsung Electronics's ongoing reform of its semiconductor operations, the conglomerate has decided to concentrate on developing its power semiconductor business. This strategic move aims to capitalize on the growing trend of electric vehicle (EV) adoption, following the company's exit from the non-core LED sector

After a partnership with Israel-based Tower Semiconductor for a wafer fab in India, the Adani Group is reportedly talking with two large Israel-based nich technology firms to form joint ventures (JVs) in its semiconductor foray

Thanks to improving yields in producing silicon carbide (SiC), China has achieved an abundant supply of substrates, even resulting in oversupply. The country has reportedly begun imposing restrictions on approvals for SiC expansion, which has left many companies facing challenges

Amid a wave of investment by Chinese electric vehicle (EV) makers in Thailand, which aims to establish itself as an EV production hub, these manufacturers are requesting a reduction in their EV output targets due to a weak market

In early October 2024, Nguyen Chi Dung, the Minister of Planning and Investment in Vietnam, announced that the government is prepared to collaborate with global artificial intelligence (AI) and semiconductor companies and investors. Political stability and strong support for high-tech industries provide Vietnam with a competitive advantage

In 2024, despite sluggish global sales of Apple's iPhone 16 series, bank analysts are optimistic about a potential reversal through updates to the company's AI service, "Apple Intelligence." The impact of this shift on Samsung Electronics' flagship device, the Galaxy S25, scheduled for launch in spring 2025, is drawing attention

Amid sluggish domestic consumption and waning investment, China's manufacturing overcapacity—the vast output of the "world's factory"—is increasingly offloaded overseas at rock-bottom prices, creating what Nobel laureate Paul Krugman calls "China Shock 2.0." But as global shipping rates plummet, questions arise: is China's overcapacity issue nearing an end, or is a global slowdown hitting import demand

According to Chinese news outlets, Arm is allegedly attempting to bypass Arm China in its IP licensing business and sell directly to Chinese customers. Although Arm has not confirmed this information, it highlights the ongoing tension between Arm and Arm China

The price collapse of 6-inch silicon carbide (SiC) substrates is taking its toll on the 8-inch segment, where volume production has yet to begin but prices are already tumbling, according to industry sources

The Apple iPhone 16 series officially launched on September 20, but it has yet to be released in the Indonesian market as Apple continues negotiations with the Indonesian government

A state-backed Chinese think tank recently released a report suggesting that data centers should continue using AI chips from Nvidia due to the high costs associated with switching to domestic solutions

Samsung Electronics has dissolved its LED business under the Device Solutions (DS) division. However, the company will redirect related personnel towards the R&D of high-value-added next-generation panel technology such as Micro LED. Samsung is expected to actively expand its product lineup in the future

The global surge in artificial intelligence (AI) is driving provincial governments in China to race in constructing new data centers, aiming to stimulate local economic development. However, poor post-construction utilization has sparked concerns over an impending surplus of computing resources in China. Moreover, growing reliance on domestically manufactured GPUs risks worsening the supply-demand imbalance in the country's tech infrastructure