Memory prices are expected to remain stable or go up in the third quarter of 2024 for different market segments, but consumer demand will continue to be disappointing, according to industry sources
Chinese tech company Xiaomi Corp. has purchased a plot of land in Beijing for RMB 842 million (US$116 million) to expand electric car production following the early success of its debut sedan
In a pioneering move, Seoul's bustling Myeongdong has become home to South Korea's first cryptocurrency ATMs equipped with Know Your Customer (KYC) verification. These cutting-edge ATMs, exclusively accessible to foreign nationals, facilitate direct cash withdrawals, albeit with certain limitations
LG Display (LGD) is set to start mass production of its third-generation tandem OLED for automotive applications in 2026, aiming to enhance display brightness and durability
Apple is expanding its manufacturing footprint in India. The company reportedly plans to produce the high-end iPhone 16 Pro and Pro Max models in the country. Apple also aims to increase its market share in India through price reductions and local production
LG Innotek delivered a stellar performance in the second quarter of 2024, with revenue hitting a quarterly record and operating profit soaring by 726.2% year-on-year. Analysts credit the enduring popularity of Apple's iPhone 15 series for the company's exceptional results, defying the typical seasonal slowdown
China's EV entrance into international markets has hit a bump with the trade barriers from Europe and the US, casting a dark cloud above their expansion
South Korean media have recently forecasted that the investment strategies of South Korean and Taiwanese semiconductor firms in the United States could shift depending on the outcome of the US presidential election. Should Donald Trump return to the White House, it is expected that Samsung Electronics, and possibly TSMC, might scale back their American investments, with Samsung likely redirecting its focus back to South Korea
Amid a plan by India to invest heavily in GPUs to advance its national AI initiatives, Intel is optimistic about the potential in India's data center sector and is also eager to secure a share of the growing AI PC market in the country
Samsung Electronics is ramping up investment efforts in AI chip startups to strengthen its competitiveness in new-generation AI semiconductor technologies
NIO has taped out its 5nm smart driving chip and developed SkyOS, an operating system for automotive applications, aiming to become a vertically integrated EV brand
