At LG Group's 63rd shareholders' meeting in Seoul, chairman Koo Kwang-mo, though absent, conveyed his strategic vision through a written message, emphasizing the company's commitment to advancing its battery business as a key driver of future growth, according to South Korean media reports, including Money Today and ZD Korea
As US-China tech tensions escalate, Beijing is doubling down on semiconductor self-reliance—particularly in the strategically vital field of chipmaking equipment
Following the announcement of a price increase by Micron, the world's third-largest DRAM manufacturer, South Korean media analysis indicates that the other two major DRAM players, Samsung Electronics and SK Hynix, are also expected to raise their prices soon. According to a report from South Korea's Chosun Biz, demand related to artificial intelligence has exceeded expectations, and the inventory levels of general memory have gradually depleted
India is extending its push for electronics self-reliance beyond finished goods, approving a US$2.68 billion scheme targeting component manufacturing. This initiative aims to close a significant import gap, offering tailored incentives to boost domestic production and integrate India into the global electronics supply chain, addressing a critical need alongside existing Production-Linked Incentive (PLI) efforts
Dixon Technologies is rapidly solidifying its position in India's electronics manufacturing services (EMS) sector. Recent joint ventures with Signify and Vivo, alongside acquisitions like Ismartu, demonstrate Dixon's aggressive expansion strategy. These moves, coupled with its focus on "Make in India," are driving its growth across diverse electronics manufacturing
Chinese electric vehicle (EV) manufacturer BYD is considering establishing an electric car manufacturing unit near Hyderabad, which would make Telangana the first Indian state to host a BYD factory. The company has engaged in extensive discussions with the state government and is assessing three proposed locations before finalizing a site and signing an agreement, reports ETV Bharat, Business Standard, and the Times of India
India sees major tech and industry shifts: Intel's OSAT speculation grows, Asus recovers US$161.9M, Netrasemi preps AI SoCs, Samsung faces US$601M tax demand, smartphone and renewable energy sectors surge, and OpenAI, Meta eye Reliance partnership
Zeekr, the premium electric vehicle (EV) brand under Geely, is making swift moves to enter the South Korean market. On December 28, 2024, the company registered "Zeekr Intelligent Technology Korea Holding" with the South Korean court registry, signaling the start of its market expansion, reports Money Today and The Hankyoreh
A recent survey from South Korea reveals a significant boost in the country's top 500 companies' performance in 2024. Operating profits soared by 66% compared to 2023, reaching KRW73 trillion (approx. US$51.1 billion), with the semiconductor industry leading the charge. Major players such as SK Hynix and Samsung Electronics are driving the country's IT and electronics sector, contributing to an astounding 854% increase in operating profits for the industry as a whole
Nearly 20 Chinese AI chip companies have announced compatibility with the DeepSeek distilled model, but only a handful—including Huawei, Cambricon Technologies, Moore Threads, and Baidu Kunlun—are capable of running the 671-billion parameters version. The disparity highlights the current state of China's AI chip sector, with many firms still focusing on smaller, less computationally intensive models
Renesas Electronics CEO Hidetoshi Shibata said on March 26 that layoffs and a pay freeze are necessary responses to the prolonged slump in the global semiconductor market. Speaking at an online shareholders meeting, Shibata framed the moves as survival-driven rather than strategic
At Nvidia GTC 2025, the discussion surrounding advanced autonomous driving heated up, with US automotive alliances and tech industry groups joining forces to urge President Donald Trump to take action. Their goal: to expedite the deployment of self-driving cars by overcoming current regulatory hurdles before China takes the lead in this emerging sector
