After Nvidia confirmed the on-schedule shipment of its latest Blackwell GPUs, high-bandwidth memory (HBM) providers, including SK Hynix and Samsung Electronics, expressed relief as competition in the HBM market intensified
China's government has recently called for public consultation for the 2024 version of the Comprehensive Industrial Regulations on the Use of New Energy Vehicle Waste Batteries, aiming to increase and incentivize the recycling and reuse of old batteries
At its 47th annual general meeting on August 29, Reliance Industries revealed ambitious plans for the future. Chairman Mukesh Ambani announced that the company aims to advance further by focusing on deep tech and advanced manufacturing. Reliance expects to double its size before the end of the decade
China's largest pure-play foundry, SMIC, reported a significant decline in profitability despite revenue growth in its latest financial results. The company remains cautious despite signs of recovering demand
On August 29, Huawei announced its 2024 first-half financial results, showing a robust 34.3% year-on-year revenue increase to CNY417.5 billion (US$58.83 billion), with a net profit margin of 13.2%, translating to a net profit of CNY55.11 billion, a significant 18.2% year-on-year rise, as reported by MyDrivers, Yicai, and Jiwei
Xiaomi released its financial report on August 21, which announced a revenue of CNY$88.9 billion (US$12 billion) with an annual increase of 32%. This quarterly statement has been Xiaomi's best thus far according to CEO Jun Lei
Chinese electric car maker BYD Co.'s relentless growth is squeezing out smaller rivals, with Li Auto Inc. joining fellow upstart Xpeng Inc. in releasing disappointing earnings
The highly anticipated Chinese AAA title, "Black Myth: Wukong," has finally been released. However, players quickly discovered that their hardware setup was the first challenge on their journey to the West
As Apple urges its suppliers to diversify production, especially by expanding into India, Apple and its suppliers have emerged as significant job creators in the country
China's top-selling automaker BYD Co. expects overseas deliveries to account for almost half of total sales in the future, suggesting it will continue to set up global production hubs to overcome punishing tariffs
Hyundai Motor Co. plans to double its lineup of hybrid cars as demand for pure electric vehicles slows and announced a KRW 4 trillion ($3 billion) share buyback as part of a plan to boost investor returns
In recent years, advanced packaging has become increasingly crucial in high-performance computing, and Chinese OSAT companies, particularly Tongfu Microelectronics, are determined to seize this growing opportunity
Rapidus, aiming to begin mass production of 2-nanometer chips in Japan by 2027, is seeking significant financial support for its trial production and eventual mass production
