Chinese electric vehicle giant BYD has reported first-quarter sales exceeding one million new energy vehicles (NEVs), marking a nearly 60% increase year-on-year.
Nikkei and Bloomberg have reported that GlobalFoundries is exploring a merger deal with UMC, a rumor UMC denied. Still, the speculation underscores US efforts to...
OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in US$40 billion from SoftBank Group Corp. and other investors at...
Vietnam has cut tariffs on US imports while aiming for closer trade relations, responding to concerns over its trade surplus. This comes as the US prepares to impose reciprocal tariffs...
With just a week until the April 2 deadline for the implementation of what US President Donald Trump calls "reciprocal tariffs," global markets are on edge. Will Trump soften his...
Xiaomi plans to set up a dedicated electric vehicle (EV) research and development center in Europe, marking a key milestone in its global expansion strategy. The announcement follows...
OpenAI has announced leadership changes as the company scales its operations, with three senior executives assuming expanded responsibilities. CEO Sam Altman stated that the adjustments...
Samsung Electronics Co. announced on March 24 that its co-CEO, Jong-Hee Han, had died from cardiac arrest at the age of 63. Han shared leadership duties with co-CEO Young-hyun Jun,...
Micron's strong second-quarter earnings, driven by surging data center and HBM demand, signal a memory market recovery. Exceeding revenue estimates and forecasting continued growth,...
Facing economic headwinds and escalating trade tensions, China is refocusing on its tech sector, with President Xi Jinping recently convening a rare symposium with high-tech entrepreneurs...
According to Bloomberg, Philippines-based Ayala Corp. decided to retain Integrated Micro-Electronics Inc. (IMI), its contract manufacturing subsidiary, after previously considering...
Apple has signed an agreement with Indonesia to invest in the country, paving the way for sales of the iPhone 16 to resume in Southeast Asia's largest nation.
STMicroelectronics (STMicro), a Franco-Italian chipmaking joint venture, is navigating significant pressures due to a downturn in key markets and internal performance concerns.
Onsemi has announced a significant restructuring plan in response to the ongoing challenges in the automotive chip market. On February 25, 2025, the company revealed its intention...
In a delayed filing, Super Micro Computer announced net sales of US$5.68 billion, which did not meet the anticipated targets. The company successfully met Nasdaq's compliance requirements,...
