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NEWS TAGGED 2024
Monday 31 March 2025
KPMG survey: China's executives prioritize survival over growth
Most Chinese chief executives are focusing on corporate survival rather than growth strategies, with geopolitical tensions and supply chain disruptions ranking as their top concerns...
Monday 31 March 2025
Dixon Technologies expands India EMS footprint with Signify deal
Dixon Technologies is rapidly solidifying its position in India's electronics manufacturing services (EMS) sector. Recent joint ventures with Signify and Vivo, alongside acquisitions...
Monday 31 March 2025
Geely's Zeekr establishes company in South Korea to accelerate entry into high-end market
Zeekr, the premium electric vehicle (EV) brand under Geely, is making swift moves to enter the South Korean market. On December 28, 2024, the company registered "Zeekr Intelligent...
Monday 31 March 2025
From smartphones to smart mobility: Xiaomi's bold EV transformation takes flight
Xiaomi made a strong entry into the electric vehicle (EV) market in 2024, selling 136,800 units of its debut model, the SU7. Founder Jun Lei has set an ambitious target of reaching...
Saturday 29 March 2025
South Korean semiconductor boom drives massive profit surge for SK Hynix and Samsung in 2024
A recent survey from South Korea reveals a significant boost in the country's top 500 companies' performance in 2024. Operating profits soared by 66% compared to 2023, reaching KRW73...
Saturday 29 March 2025
No quick fix: Renesas tightens belt with layoffs, pay freeze
Renesas Electronics CEO Hidetoshi Shibata said on March 26 that layoffs and a pay freeze are necessary responses to the prolonged slump in the global semiconductor market. Speaking...
Saturday 29 March 2025
Color e-paper industry sees growth with large displays and new tech
The electronic paper (e-paper) industry is thriving with innovations in color technology. E Ink Holdings (EIH) and Netronix experienced a successful 2024 and anticipate increased...
Friday 28 March 2025
SMIC profit slides 23% in 2024 despite record revenue surge
SMIC released its fourth-quarter and full-year 2024 financial results on March 27, reporting record revenue and wafer shipments. However, profitability declined amid persistent US...
Friday 28 March 2025
Lens Technology rides AI wave to double-digit profit growth, expands global footprint
Lens Technology reported CNY69.9 billion (approx. US$9.62 billion) in revenue for 2024, a 28.3% year-over-year increase, according to its annual results released on March 27. Net...
Friday 28 March 2025
From earbuds to energy: SYNergy powers into mid-size battery market, eyes solid-state by 2025
Taiwan's SYNergy ScienTech is expanding beyond small-format battery cells to enter the mid-to-large battery market, targeting applications above 700mAh. President Colin Hsieh said...
Friday 28 March 2025
SenseTime cuts losses by one-third in 2024, generative AI now 64% of revenue
SenseTime reported its full-year 2024 earnings, revealing a significant narrowing of losses alongside a surge in generative AI (GenAI) revenue, underscoring the Chinese AI company's...
Friday 28 March 2025
Aaeon expects 25% share of revenue from AI, as edge AI market surges
As the AI industry transitions from the cloud to edge devices, Aaeon Technology expects continued growth in the company's AI-related revenue, given the significant increase in the...
Friday 28 March 2025
Chinese SiC market slump has limited impact on ACME Electronics as company focuses on global expansion
Silicon carbide (SiC) supply chain prices have collapsed due to China's production capacity expansion, creating a challenging market environment for the first half of 2025, according...
Friday 28 March 2025
Optical industry optimistic for 2Q25 despite ongoing challenges and evolving market trends
As the first quarter of the year comes to a close, the optical industry remains cautiously optimistic about the second quarter.
Friday 28 March 2025
Connector maker Aces unveils R&D headquarters
Connector maker Aces unveiled its new R&D headquarters in Taoyuan, northern Taiwan on March 25, which the company said will strengthen its technology and product lines.