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Friday 30 August 2024
Xiaomi reports strong 2Q24 results, aims to meet EV delivery target by year-end
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...
Thursday 29 August 2024
Intel enhances smart cockpits to be capable of running AAA games in cars
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...
Thursday 29 August 2024
AI development requires sustainable business models, says Acer chairman
Jason Chen, chairman of Acer, has emphasized the critical need for new business models to sustain the continued growth of the AI industry. Despite the surging demand for AI-driven...
Wednesday 28 August 2024
Inventec agrees to sell ZT Systems to AMD, to become AMD's shareholder
Following AMD's acquisition of ZT Systems and a plan to sell the latter's manufacturing business, on August 27, Inventec, which holds 10% of ZT System's shares, announced its agreement...
Tuesday 27 August 2024
IBM closes R&D department in China amid shift in business strategy and widespread tech layoffs
Following the recent revelation that IBM had closed the intranet access for employees in its Chinese research and development and testing departments, on the morning of August 26,...
Tuesday 27 August 2024
China-based OSAT major delivers strong performance in 1H24
JCET, a leading Chinese semiconductor packaging and testing services provider, has announced impressive financial performance for the first half of 2024. The company reported a significant...
Monday 26 August 2024
India-based Kaynes inaugurates EMS facility in Hyderabad
According to a corporate filing, Indian electronics manufacturing services (EMS) provider Kaynes Technology has inaugurated a new manufacturing facility in Hyderabad. The plant opened...
Monday 26 August 2024
ZT Systems' manufacturing up for grabs after AMD's acquisition
AMD has made a bold play in the AI computing market, announcing a US$4.9 billion acquisition of ZT Systems, a key player in hyperscale computing.
Monday 26 August 2024
TSMC Kumamoto branch shows investment efficiency, expands general manufacturing
Three years since the Japanese government's decision in 2021 to support Taiwan's large foundry company, TSMC, in establishing a factory in Kumamoto, Kyushu has not only seen growth...
Monday 26 August 2024
Ford holds back BEVs, strengthens HEVs in direct contrast to Honda
Ford is greatly reducing BEV investments while strengthening its business in HEVs, which are cheaper and easier to sell.
Friday 23 August 2024
Lite-On advances liquid-cooling solution shipments and AI server power supplies amid GB200 delays
Amid concerns in the AI server supply chain regarding Nvidia's delayed GB200 shipments, Lite-On Technology reports that its clients are continuing product testing, and shipments can...
Friday 23 August 2024
Singtex's new eco-friendly dyeing plant set to drive revenue growth
Taiwan's Singtex Industrial, known for its commitment to supplying eco-friendly functional textiles, is gearing up for mass production at its newly constructed high-precision dyeing...
Friday 23 August 2024
Apple supplier Pegatron's 2Q24 profit top 9-quarter high
Pegatron's modest growth in its core business, coupled with a significant external gain of NT$2.1 billion (approximately US$67.5 million) from Luxshare Precision's acquisition of...
Friday 23 August 2024
Cadence expects chip demand to gradually turn strong starting 4Q24
Cadence Taiwan country manager Brian Sung expects chip demand to start improving in the fourth quarter of 2024, with the momentum lasting throughout 2025.
Thursday 22 August 2024
Kenmec expects sales recovery in 2H24
Kenmec Mechanical Engineering saw lower-than-expected performance in the first half of 2024 due to fluctuations in the economy and construction delays, even though the company had...