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Friday 17 May 2024
SMIC to slow capacity expansion from 2025 onward amid concerns over customer 'pre-pull'
Semiconductor Manufacturing International Corporation (SMIC) recently reported a robust momentum with a year-on-year revenue growth of about 20% in the first quarter of 2024, but...
Friday 17 May 2024
Honda will invest US$65 billion to accelerate EV ambition
Honda Motor is trying to catch up with its competitors in the global EV market. The Japanese automaker aims to inject JPY10 trillion (US$65 billion) into its EV efforts and launch...
Friday 17 May 2024
AOI demand increases as TRI expands China and Southeast Asia markets
Due to the increasing competitiveness of end-use products, industries from semiconductors, electronic components to assembly plants, have faced challenges in improving yield rates...
Friday 17 May 2024
IEIT, FII enjoy robust AI server demand in China
Robust AI server demand in China boosted the sales performance of Inspur Electronic Information Industry Systems (IEIT) and Foxconn Industrial Internet (FII) in the first quarter...
Friday 17 May 2024
China chip demand is rebounding, but 2H24 outlook remains opaque
Orders from China's semiconductor firms may be turning strong.
Friday 17 May 2024
Topco sees strong orders from Chinese foundries
Topco Scientific, a Taiwan-based semiconductor material distributor, has seen a significant increase in orders from Chinese foundries whose 12-inch fab utilization rates have risen...
Thursday 16 May 2024
Microsoft's China AI teams face relocation amid US tightened restrictions
Microsoft's headquarters has reportedly instructed the head of its China division to require its Chinese AI developers to either relocate to countries such as the United States and...
Thursday 16 May 2024
Nio is launching a more affordable brand in direct challenge to Tesla
Nio Inc. is launching a more affordable electric car brand in China in a bid to gain a firmer foothold in the world's most competitive market as Tesla Inc.'s momentum slips.
Thursday 16 May 2024
Samsung reportedly ditches self-driving EV software to focus on robotic intelligence
Following reports of Apple's withdrawal from the development of self-driving electric vehicles, Samsung Electronics is reportedly discontinuing its preliminary research on software...
Thursday 16 May 2024
Tencent Cloud collaborates with BRI and Hi Cloud Indonesia to drive banking technology innovation
Tencent Cloud, the cloud business of global technology company Tencent, has recently announced the signing of a Memorandum of Understanding (MoU) with PT. Bank Rakyat Indonesia (Persero)...
Thursday 16 May 2024
Stellantis forms JV with Leapmotor, EU likely to put punitive tariffs on Chinese EVs
European automaker Stellantis has deepened ties with its Chinese partner Leapmotor.
Thursday 16 May 2024
Semiconductor firms' ranking as 'most-desired employers' rising fast in Japan
Several media reports that young American engineers complained about working at TSMC. How about Japanese engineers? Would they be holding grudges too?
Thursday 16 May 2024
Kai-Fu Lee's 'Wanzhi': China's answer to ChatGPT
Beijing-based startup 01.AI, founded by AI pioneer Kai-Fu Lee has officially rolled out its free AI one-stop platform "Wanzhi" tailored for the Chinese market.
Thursday 16 May 2024
Veolia inaugurates first regeneration plant in China
Veolia Water Technologies, a subsidiary of Veolia and a leading specialist in water treatment technologies and services, announces on May 15 the inauguration of its first ion exchange...
Thursday 16 May 2024
South Korean companies to walk tightrope between US tariffs, China's upcoming retaliation
The US announced 25% to 100% tariff hikes on China-made EVs, batteries, semiconductors and other goods. Although the move does not impact South Korean industries for now, companies...