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Thursday 2 January 2025
Alibaba to sell Sun Art to buyout firm DCP for US$1.6 billion
Alibaba Group agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its core online...
Thursday 2 January 2025
SK Hynix System IC implements voluntary layoffs amid market struggles
Reports indicate that SK Hynix's wafer foundry subsidiary, SK Hynix System IC has initiated a voluntary retirement plan for its entire workforce. SK Hynix System IC specializes in...
Tuesday 31 December 2024
China's calculated retaliation intensifies tensions as Trump hints at renewed tariffs
Following Donald Trump's election, the US-China trade war appeared to be entering a new phase with Trump's announcement in late November of additional tariffs on China, Mexico, and...
Tuesday 31 December 2024
Huawei sanctions 2.0 in the cards with Trump back in office
Donald Trump's return to the US presidency, coupled with his appointment of hawkish cabinet members focused on China, signals the likelihood of escalated trade and technology sanctions...
Tuesday 31 December 2024
Xiaomi pursues young AI talent with multi-million yuan salary offer
The Chinese AI model DeepSeek has gained global popularity recently, bringing attention to a figure dubbed the "genius AI girl" Fuli Luo, born post-1995.
Tuesday 31 December 2024
2024 review: top 10 milestones in optoelectronics including OLED, MicroLED, and display technologies
In 2024, the optoelectronics industry faced challenging market conditions. Despite this, OLED panels are expanding from smartphones into tablets, PCs, and other IT products, driving...
Tuesday 31 December 2024
Mainstream automakers mulling collaboration with Taiwan IT supply chain to compete with Chinese EV makers
Mainstream car manufacturers are mulling expanding collaboration with Taiwan's supply chain to counter Chinese competitors' dominance in the electric vehicle (EV) market, according...
Tuesday 31 December 2024
Luxshare to acquire nine Wingtech ODM subsidiaries
Wingtech, a Chinese ODM and IDM powerhouse, announced on December 30 that it has signed a letter of intent to transfer the equity and operating assets of nine ODM subsidiaries to...
Tuesday 31 December 2024
2025 semiconductor boom: AI to drive growth while Trump era adds volatility
As 2024 concludes and 2025 begins, AI remains the cornerstone of semiconductor sector growth, fueling increased demand for foundry services. However, Donald Trump's return to the...
Tuesday 31 December 2024
2024 review: China chip and auto sector reshaped by self-sufficiency efforts and US sanctions
The year 2024 saw intensifying US-China tech tensions amid sweeping US sanctions and China's economic challenges, including weak demand, declining foreign investment, and widespread...
Monday 30 December 2024
CanSemi begins production, boosts analog IC output by 40,000 wafers monthly
Guangzhou-based CanSemi Technology has launched production for its third-phase project, representing a CNY16.25 billion (approx. US$2.23 billion) investment. The new facility adds...
Monday 30 December 2024
China's domestic CPU makers ascend to prominence: Phytium surpasses 10 million shipments
China's domestic CPU industry is experiencing rapid growth amidst intensifying US-China technological competition. At the forefront, Phytium announced that it has shipped over 10...
Monday 30 December 2024
China's crystalline makers scale back to avoid cutthroat competition
China's two major crystalline silicon suppliers for solar cells announced production cuts in response to the current market downturn, where the industry is trying to cope with oversupply,...
Monday 30 December 2024
US plans more actions against China over telecommunications
A White House official said on December 27 that the US identified a ninth telecommunications company impacted by a wide-ranging Chinese espionage effort and that further steps are...