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Wednesday 4 September 2024
US DOJ reportedly intensifies Nvidia antitrust probe with subpoena
Bloomberg, citing unnamed sources, reported that the US Justice Department (DOJ) has intensified its investigation into Nvidia by issuing subpoenas to the company and others...
Tuesday 3 September 2024
Japanese semiconductor equipment makers expect reduced revenue share from China amid rising investment elsewhere and import substitution
Japanese semiconductor equipment manufacturers have experienced a significant revenue boost from China. However, with rising semiconductor investments in other markets like India,...
Wednesday 28 August 2024
LG Electronics reportedly advances plans for Indian IPO
Rumors have circulated about LG Electronics considering an IPO for its Indian unit, with reports indicating that the company is actively consulting investment banks for the potential...
Tuesday 27 August 2024
Honor gets strategic investment from China Mobile
Chinese smartphone manufacturer Honor has received an investment from China Mobile Communication Co., the parent company of the country's largest mobile operator. While the exact...
Thursday 22 August 2024
Foxconn announces fresh investment across continents
According to Bloomberg, Foxconn has announced a total investment of US$830 million in its overseas operations across Europe, Mexico, the US, and India through four corporate...
Thursday 22 August 2024
Xpeng's vehicle deliveries lag expectations amid intensifying EV competition in China
Xpeng Motors, a Chinese electric vehicle (EV) manufacturer, has released its financial report for the second quarter of 2024. Despite ongoing challenges from a market price war, Xpeng's...
Tuesday 20 August 2024
AMD acquires ZT Systems for US$4.9 billion to take on Nvidia
AMD is purchasing ZT Systems, a server hardware company. AMD has no intention of entering the server market. Instead, it's acquiring ZT Systems primarily for its skilled engineers...
Friday 16 August 2024
China's struggle to boost domestic chip use in EVs
Bloomberg previously reported that China's Ministry of Industry and Information Technology (MIIT) has instructed EV companies like BYD and Geely to increase the procurement of domestic...
Thursday 8 August 2024
Potential US ban on Chinese vehicle tech to breed longer-term effects on tech rift
The US is reportedly preparing to impose a ban on vehicle technology that raises cybersecurity concerns. While this move may not immediately impact automakers, it could further widen...
Thursday 8 August 2024
Issues with Blackwell have yet to deter big tech from investing in Nvidia AI chips
Nvidia has encountered engineering obstacles in developing two next-gen advanced chips, slowing down the product release pace that would expand its leading position in the AI computing...
Thursday 8 August 2024
UK approves HPE's acquisition of Juniper Networks
The UK antitrust regulator has approved Hewlett Packard Enterprise's acquisition of Juniper Networks. The deal, which seeks to position the combined entity as a major player in AI...
Monday 5 August 2024
Nintendo sees record profit fall as Switch ages
After eight years on the market, Nintendo's sales have dropped significantly, primarily due to the absence of major blockbuster games to boost demand.
Tuesday 30 July 2024
Ola Electric to raise US$734 Million, likely to be largest IPO in India in 2024
According to Bloomberg and Reuters, Indian electric two-wheeler (E2W) maker Ola Electric Mobility is set to launch its initial public offering (IPO). The company aims to raise up...
Monday 22 July 2024
Meta eyes Ray-Ban parent company stake in development push for smart glasses
Sources have revealed that Meta Platforms is considering acquiring a minority stake in EssilorLuxottica, the parent company of its Ray-Ban Meta glasses development partner, as it...
Thursday 18 July 2024
Debunking Trump's misconceptions on Taiwan's role in the global chip industry
US Republican presidential candidate Donald Trump, in an interview with Bloomberg Businessweek, claimed that Taiwan had taken 100% of the chip business from the US without...