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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...
Wednesday 17 July 2024
Taiwan pays US$4.75 billion for defense since 2022; Trump says it's not enough
In recent years, Taiwan has significantly increased its defense procurement from the US. However, US Republican presidential candidate Donald Trump continues to assert that Taiwan...
Wednesday 17 July 2024
Huawei reveals operational hardship from US sanctions, expresses confidence in recovery
The US government blacklisting of Huawei crippled its smartphone business.
Wednesday 10 July 2024
Surging TSMC 2nm demand to spark chip investment race in 2025
According to Bloomberg citing UBS forecasts, Taiwan Semiconductor Manufacturing Company (TSMC) could spend up to US$37 billion in capex in 2025, marking a 15.6%...
Tuesday 9 July 2024
Resonac forms alliance developing advanced packaging in US
A new semiconductor back-end process R&D alliance, US-JOINT, is set to launch in Silicon Valley in 2025. The alliance will focus on next-generation semiconductor packaging technologies...
Tuesday 9 July 2024
SoftBank to acquire British AI chip designer Graphcore for US $500 million
SoftBank offered to acquire Graphcore, which designs AI chips for data centers, for US$500 million. The deal is subject to review by the UK, while SoftBank's massive stake in Arm...
Monday 8 July 2024
Canada unveils US$88.2 million semiconductor funding
According to Bloomberg, Electronic Product and Technology, and Proactive Investors, the Canadian government has announced a CAD120 million (US$88.2 million)...
Friday 5 July 2024
Google's green goals clash with AI data center demand surge
Google's latest environmental report reveals a significant increase in carbon emissions, primarily driven by the company's efforts to integrate AI functionalities and expand data...
Friday 5 July 2024
Tesla reportedly delays investment plan in India amid slowing EV market
Following the cancellation of Tesla CEO Elon Musk's visit to India, reports suggest that the electric vehicle (EV) maker may postpone its potential investment in the country due to...
Wednesday 3 July 2024
Advantest ramps up investments to capitalize on AI opportunity
Due to rapid AI advancement and the increasing complexity of semiconductor chips, Advantest anticipates a growing demand for semiconductor testing equipment and intends to capitalize...
Wednesday 3 July 2024
Taiwan to announce floating offshore wind rules by 3Q24
As the global floating offshore wind industry gears up for explosive growth, Taiwan is positioning itself at the forefront of this renewable energy revolution.
Tuesday 2 July 2024
BYD sales rise to a record on price cuts, tech upgrades
BYD Co. sold a record number of electric and hybrid cars in the second quarter, sales data compiled by Bloomberg News shows, as price cuts and new technology stoked consumers into...