Shanghai has announced the launch of the "Three Leading Industry Parent Funds," targeting integrated circuits (IC), biopharmaceuticals, and AI

Qualcomm has introduced an affordable smartphone SoC tailored for India, the world's second-largest smartphone market. This move comes as more Indian consumers opt for premium phones, while Qualcomm's main competitor targets the country's growing automotive chip sector

Toyota's Indian joint venture has signed a Memorandum of Understanding (MoU) to establish a new low-emission vehicle plant in India. This move aligns with the growing trend of Japanese companies boosting investments in the South Asian country

Samsung Electronics has implemented the Overall Performance Incentive (OPI) reward system for over 20 years. In response to employee demands and to retain talent, the company is reportedly planning a comprehensive reform to enhance transparency and predictability in bonus calculations

Melexis, a Belgium-based microelectronics solutions provider, recently announced the opening of its largest wafer testing plant in Kuching, Sarawak, East Malaysia

India-based EMS giant Dixon Technologies doubled its sales and profits in the past quarter. The company anticipates a 10 million unit increase in smartphone production capacity following the acquisition of Ismartu's assets

The US presidential election has injected fresh uncertainty into global supply chains. Taiwan broadband communication equipment maker Sercomm's chairman James Wang warns that companies must diversify their manufacturing footprint to mitigate risks, a costly strategy that increases inventory and lowers factory utilization

SiC chip prices in China are expected to fall by as much as 30% in the next two years, according to industry sources

Rumors circulated that the Tata Group was in advanced talks to acquire 51% of Vivo's assets in India, amid rising pressure from the Indian government against Chinese investors. However, the latest reports suggest that the plan has been put on hold due to opposition from Apple

Japan-based Orbray plans to go public by 2029, aiming to raise up to JPY 10 billion. The company intends to strengthen production at its Akita factories and targets JPY 40 billion in revenue by 2029, driven by its diamond and sapphire substrates and ventures in the medical field

Samsung Electronics announced its financial results for the second quarter of 2024, reporting revenue of KRW74.07 trillion (approximately US$53.3 billion) and an operating profit of KRW10.44 trillion

Taiwan Fertilizer Company (TFC) is accelerating its industrial transformation by forging new partnerships with major international firms from Japan and South Korea, focusing on ammonia energy collaborations

Samsung Display (SDC) and LG Display (LGD) are planning to incorporate their tandem OLED technology into OLEDoS (OLED on Silicon) solutions for next-generation micro OLED displays, aiming to widen their lead over Chinese competitors

Teco Electric and Machinery (Teco) and China Steel Corporation (CSC) have partnered to supply EV components to India's growing electric bus market

Automotive component supply-chain stakeholders say they are seeing the disruptions brought by the Russo-Ukraine war on the international industry gradually fading