Amid Nvidia's recent record-breaking revenue, China's leading AI chipmaker, Cambricon Technologies, has not shared in the AI boom, reporting a more than 40% decline in revenue for the first half of 2024. Profitability still appears to be years away
China-based, often dubbed the "King of Africa" due to its dominance in that market, has recently unveiled its new Phantom Ultimate 2, a tri-fold smartphone. This launch underscores the growing trend of manufacturers showcasing their technological prowess through multi-fold devices
South Korean battery equipment business CIS has announced its plan to merge with affiliate SNU Precision. As SFA is the largest shareholder for both companies, other related affiliated businesses are expected to be consolidated following the merger. SFA aims to organically combine CIS's and SNU Precision's technologies to enhance business capabilities and develop new ventures
China-based display solutions supplier BOE Technology has unveiled a roadmap for diversification into making glass substrates for semiconductor packaging
Topco Scientific, a supplier of semiconductor materials, anticipates substantial sales growth for advanced packaging materials in 2025 due to demand generated by AI applications
Tesla Inc. plans to launch the advanced driver assistance system that it calls Full Self Driving technology in China and Europe in the first quarter of next year, pending regulatory approvals
Riding the wave of the booming artificial intelligence (AI) industry, China's leading server maker, Inspur Electronics Information Industry, reported a record-high revenue of over CNY 42 billion (US$5.89 billion) in the first half of 2024. However, the company's gross margin fell to its lowest point since going public in 2000
Indian Prime Minister Narendra Modi visited Singapore, where he met with his counterpart and signed a series of Memorandums of Understanding (MoUs), including one focused on semiconductor cooperation. This makes Singapore the fourth country, following the US, Japan, and Malaysia, to establish a semiconductor partnership with India
India-based IC design house BigEndian Semiconductors raised US$3 million and aims to partner with Taiwan-based UMC to launch security chips amid the emergence of a local semiconductor ecosystem
In June 2024, Vanguard International Semiconductor (VIS) and NXP unveiled plans to collaborate on establishing VSMC in Singapore, where they will build a 12-inch wafer fabrication plant. On August 4, 2024, they officially confirmed that they have secured the required approvals and will move forward with the investment, which amounts to approximately US$7.8 billion
Two Indian startups, Silizium Circuits and Calligo Technologies, are making their mark at Semicon Taiwan 2024, as they seek to establish a foothold in the global semiconductor market
China's top electric vehicle maker BYD Co. won't announce a major plant investment in Mexico until at least after the US election, according to people familiar with the matter, as shifting American policy forces global businesses into wait-and-see mode
The EU's announcement of a 36.3% electric vehicle (EV) tariff on SAIC Motor has placed significant pressure on the automaker. Its revenue for the first half of 2024 was surpassed by competitor BYD, and future profits are likely to be further squeezed by the tariffs
