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Tuesday 25 February 2025
DeepSeek gains traction among China state-owned enterprises
DeepSeek, China's open-source large language model (LLM), is rapidly gaining momentum as state-owned enterprises eagerly embrace the AI platform. More than 20 Chinese state-owned firms have already integrated DeepSeek across the energy, telecommunications, automotive, and financial sectors
Tuesday 25 February 2025
Suzuki's US$26.5 billion plan: India at the core of ambitious strategy for growth and electrification
Suzuki Motor Corporation unveiled its new mid-term business plan in February 2025, detailing an ambitious investment of JPY4 trillion (US$26.5 billion) through the end of March 2031. The plan aims to position India at the heart of the company's strategy, as it seeks to establish a robust growth foundation in emerging markets across the Global South
Tuesday 25 February 2025
US AI chip export curb expected to impact Malaysia's data center development
Chin Tong Liew, Malaysia's Deputy Minister of Investment, Trade, and Industry (MITI), has acknowledged that the US restrictions on artificial intelligence (AI) chip exports, set to take effect in January 2025, will pose challenges for the country's AI data center development. However, he emphasized that the overall data center ecosystem in Malaysia will remain largely unaffected
Tuesday 25 February 2025
DeepSeek quietly attends GDC; set to open source five code repositories this week
The 2025 Global Developer Conference (GDC) was held in Shanghai from February 22 to 23, gathering top executives, developers, and industry professionals. Unlike other participants, DeepSeek chose not to participate in open forums or exhibits, preferring closed-door meetings and seminars. Industry insiders were caught up by its unusual "low-key" manner
Tuesday 25 February 2025
Nvidia indirectly fuels US-China GenAI rivalry as Grok 3 creates new waves
The emergence of China's DeepSeek has shocked the US market and impacted Nvidia's market value. Now, with the official launch of Grok 3 by xAI, a company founded by Tesla CEO Elon Musk, it is evident that the US generative AI (GenAI) industry is still reliant on Nvidia's advanced AI chips to provide powerful computing capabilities
Tuesday 25 February 2025
China's DeepSeek sparks an automation boom, keeping supply chains local
The swift progression of AI is accelerating automation within the manufacturing sector. Contributing significantly to this trend is China's DeepSeek, which provides a cost-effective solution that is prompting Chinese manufacturers to embrace this technology, fostering an industrial transformation
Monday 24 February 2025
Samsung, union agree 5.1% wage hike in 2025 as tensions ebb
Samsung Electronics and its largest labor union have tentatively agreed to a 5.1% wage increase and stock awards for staff in 2025, signaling efforts by the two sides to defuse tensions that triggered the company's first-ever labor strike last year
Monday 24 February 2025
AI boom sends HBM demand soaring as Samsung eyes ASIC market shift
The global AI boom is set to keep high bandwidth memory (HBM) in short supply through 2025, as demand surges across AI and data-intensive applications, according to experts at SEMICON Korea 2025. Industry forecasts project a 67% expansion in the HBM market by 2025, reinforcing AI's role as the driving force behind semiconductor sector growth
Monday 24 February 2025
Foxconn subsidiary acquires 25% stake in Goertek Electronics Vietnam for US$50 million
Foxconn, through its subsidiary New Wing Interconnect Technology (Bac Giang), has acquired a 25% stake in Goertek Electronics Vietnam for US$50 million, announcing the deal on the evening of February 21. Foxconn stated that the investment is primarily strategic
Monday 24 February 2025
Charging ahead: Taiwanese firms race for a slice of Japan's clean energy pie
Japan's drive for carbon neutrality by 2050 has spurred increased demand for renewable energy infrastructure, from charging stations to energy storage and hydrogen technology. This transition has caught the attention of Taiwanese firms, who are preparing to showcase their innovations at the upcoming 2025 Smart Energy Week
Monday 24 February 2025
TSMC's second Japanese fab maintains production timeline for 2027 despite possible construction delay
JASM, TSMC's Japan subsidiary, plans to build a second wafer fab in Kumamoto. The firm states that construction will begin in 2025, possibly later than the initially stated first quarter. Despite this, production is still set to start by the end of 2027, according to RKK Kumamoto Broadcasting and Kumamotonichinichi Shimbun
Monday 24 February 2025
Huaqin Technology expands into robotics as new growth driver
Guangdong Haoqin Robotics Technology was recently registered, with Huanke Wu listed as its legal representative. The company, which has a registered capital of CNY10 million (approx. US$1.38 million), focuses on developing and selling intelligent robots, manufacturing industrial robotics, and advancing artificial intelligence (AI) applications
Monday 24 February 2025
Singapore doubles down on deeptech: boosting AI and semiconductor research with US$2.23 billion fund
Singapore will invest an additional SGD3 billion (US$2.23 billion) into its National Productivity Fund (NPF) and allocate SGD1 billion to upgrade biomedical research centers and build semiconductor research infrastructure, Prime Minister and Finance Minister Lawrence Wong announced in the 2025 fiscal budget
Monday 24 February 2025
Weekly news roundup: China shifts strategy on US tech rivalry; Intel reboots foundry business with UMC and MediaTek alliance
These are the most-read DIGITIMES Asia stories from the week of February 17 – February 21
Monday 24 February 2025
EMS provider Venture Corporation reports lower revenue and profit in 2024, eyes growth in 2025
Singapore-based electronics manufacturing services (EMS) provider Venture Corporation posted sales of SGD2.7 billion (approx. US$2.05 billion) for fiscal 2024, marking a 9.6% decline from the previous year. Net profit fell 9.3% year-over-year to SGD245 million, though the profit margin grew to 9% from 8.9% in 2023
Research Report Database
Intel signals overhaul of IDM 2.0 and foundry strategy with Lip-Bu Tan's appointment, says DIGITIMES