Bharti Airtel, India's second-largest telecom operator, has partnered with Apple to offer exclusive Apple TV+ and Apple Music promotions. This move helps enhance Apple's position against rivals like Spotify and JioSaavn as Apple is expanding its digital services in India
Despite the generative AI boom, uncertainty looms over the automotive, consumer mobile, and PC markets, leading to layoffs at major U.S. and European semiconductor companies like Intel and Infineon. This uncertainty has also plunged many Chinese chip startups into funding difficulties, failed IPOs, bankruptcy liquidations, and challenging mergers and acquisitions
LG Electronics CEO William Cho has announced that by 2030, 52% of the company's revenue and 76% of its profits will come from the business-to-business (B2B) sector. Subscription services, the webOS platform, heating, ventilation, and air conditioning (HVAC), and automotive businesses are expected to drive LG's future growth
The LCD TV panel market is grappling with challenges due to declining prices and a price war between BOE and TCL CSOT. A production cut slated for October aims to reduce inventory and stabilize prices, though the extent of this reduction may be influenced by the ongoing price war
Kaynes SemiCon secured India's first paying OSAT customer for advanced semiconductor packaging and inaugurated an EMS facility. Foxconn clarified the yields of made-in-India iPhones were on par with those made in China
Seoul Semiconductor and its subsidiary Seoul Viosys recently released their financial results for the second quarter of 2024. CEO Chung-Hoon Lee emphasized the competitiveness of the company's strong patent portfolio in the MicroLED industry. He also announced that the company will commence mass production of MicroLED chips for digital signage in the second half of 2024
It has been nearly a year since Huawei HiSilicon's Kirin chipset made its comeback. Observing Huawei's mobile performance this year, signs suggest that the company's supply issues may be resolved. More importantly, however, is whether Huawei's locally manufactured Kirin chipsets are back on track regarding yield and production capacity
As the global semiconductor foundry market shows signs of recovery, Samsung Electronics continues to trail significantly behind sector leader TSMC in market share. Additionally, it is facing substantial financial losses. Samsung's future success in wafer foundry development hinges on its ability to transition into AI, high-performance computing (HPC), and automotive electronics manufacturing
Semiconductor Manufacturing International Corporation (SMIC), China's leading foundry, is significantly expanding its production capacity with four new 12-inch wafer fabs in Beijing, Shanghai, Tianjin, and Shenzhen. These new fabs are expected to successively come online after 2025, adding a combined monthly capacity of 340,000 wafers, with 28nm as the most critical node
L&T Semiconductor Technologies, an Indian IC design startup backed by the L&T Group, has entered into a memorandum of understanding (MoU) with the Centre for Development of Advanced Computing (C-DAC), a government-supported organization. This MoU is intended to foster collaboration in developing local chip technology and enhancing the supporting ecosystem
Taiwan-based OSAT, ASE, signed a tentative contract with the government of Kitakyushu in Kyushu, Japan, to buy land in Kitakyushu's Wakamatsu-ku where they would attempt to expand production capacity
The Chinese government's stance remains a crucial factor in shaping the scale and impact of the ongoing wave of global solar industry bankruptcies and exits. With China's global solar module market share exceeding 85%, the country wields significant influence over the entire industry, according to insiders in the solar energy supply chain
Samsung Display (SDC) has reportedly achieved a breakthrough in tandem OLED yield rates, positioning the company to increase its supply of OLED panels for tablets and to aggressively expand its presence in the IT OLED display market by the second half of 2024