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Monday 24 March 2025
VS Industry reports quarterly revenue rise but six-month figures show concerning decline
VS Industry, a Malaysia-based EMS provider, reported a quarterly revenue increase alongside a rise in profit before tax from the previous quarter. However, a decline in six-month...
Monday 24 March 2025
OpenAI, Meta reportedly seek alliance with India's Reliance
OpenAI and Meta Platforms Inc. are each seeking a potential alliance with India's Reliance Industries Ltd., The Information reports.
Friday 21 March 2025
Innodisk expects 2H25 growth to outpace 1H25
Industrial memory module specialist Innodisk has been diligently pursuing order opportunities from Chinese CSPs and network device customers and anticipates that its sales growth...
Friday 21 March 2025
India's subsidy struggles to attract PC manufacturers: weak local ecosystem and limited market demand
Two years after its launch, India's Production Linked Incentive (PLI) scheme for IT hardware 2.0 has struggled to gain traction, as major brands hesitate to increase production and...
Thursday 20 March 2025
Hyundai's Taiwan distributor aims for record 2025 sales with 3-pronged tech strategy
Nanyang Industries, a subsidiary of Sanyang Motor and the exclusive distributor of Hyundai Motor in Taiwan, is preparing to expand its product lineup and implement a three-pronged...
Thursday 20 March 2025
Korean DDI supplier LX Semicon sees over 50% of sales from China due to strong demand from BOE
South Korean IC design house LX Semicon saw more than 50% of its 2024 revenue come from the Chinese market because of increased shipments to panel maker BOE Technology.
Wednesday 19 March 2025
Memory prices to hit bottom and rebound, says Adata
The memory market is improving, with memory module manufacturer Adata Technology indicating that spot market prices have started to rise. Contract prices are expected to reach their...
Wednesday 19 March 2025
Xiaomi's EV launch drives 49% revenue growth, raises 2025 production target
Xiaomi's fourth-quarter financial surge, boasting a 49% revenue jump and a 90% net income rise, was significantly propelled by its successful EV launch. The SU7 exceeded delivery...
Wednesday 19 March 2025
iPhone 2025 sales outlook dimmed by rumored AI Siri delay
Recent market rumors revealed that Apple Intelligence's AI Siri is in a critical development phase and is likely to miss its planned spring launch. This news, initially shared through...
Tuesday 18 March 2025
Aeon Motor reports impressive growth and plans major expansion into new energy markets
Aeon Motor's global market growth, production optimization, and new energy product strategy led to significant financial gains. In the fourth quarter of 2024, revenue was NT$483 million...
Tuesday 18 March 2025
Tesla offers free one-month FSD trial in China amid market woes
With competitive pressure increasing in the Chinese market, compounded by various unfavorable factors globally, Tesla China announced on March 17 that it will offer a one-month free...
Tuesday 18 March 2025
US EV market faces slowdown as hybrids gain traction
The US electric vehicle market is losing momentum as policy shifts under President Donald Trump reshape incentives and supply chains. While battery electric vehicle (BEV) sales continue...
Tuesday 18 March 2025
Materials supplier Wah Lee upbeat about AI servers, automotive sensor applications
Materials and equipment supplier Wah Lee Industrial has reported an almost 20% growth in sales for 2024 and expects AI server and automotive sensor applications to drive its growth...
Monday 17 March 2025
Foxconn eyes NT$1 trillion in annual AI server sales
AI made a substantial contribution to Foxconn's (Hon Hai Technology Group) sales growth in 2024. Looking ahead, Chairman Young Liu indicated that 2025 will be the first year of AI...
Monday 17 March 2025
EV price war fuels quality concerns and depreciation risks
Electric vehicle sales have fluctuated across key markets like Europe, the US, and China, but technological advancements continue. A divide is emerging between legacy automakers and...