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NEWS TAGGED EXPANSION
Tuesday 25 February 2025
Honor Seiki bets on aerospace, hydrogen as expansion lifts growth
Honor Seiki forecasts double-digit revenue growth by 2025, though profits will see modest gains due to expansion costs. General Manager Zheng Jun Chen said aerospace and hydrogen...
Tuesday 25 February 2025
Taiwan-Asia Semiconductor scales back expansion amid industry headwinds, eyes overseas move
Taiwan-Asia Semiconductor (TASC) is sharpening its focus on energy storage and automotive applications, with subsidiaries Champ-Asia Semiconductor and ProAsia Semiconductor ramping...
Tuesday 25 February 2025
King Slide sees GB300 boosting 2H25, eyes robotics supply chain entry
King Slide Works, a prominent player in the server rail industry, expresses robust optimism regarding the sector's trajectory, buoyed by the anticipated surge from the GB300 in the...
Monday 24 February 2025
AI boom sends HBM demand soaring as Samsung eyes ASIC market shift
The global AI boom is set to keep high bandwidth memory (HBM) in short supply through 2025, as demand surges across AI and data-intensive applications, according to experts at SEMICON...
Monday 24 February 2025
Foxconn subsidiary acquires 25% stake in Goertek Electronics Vietnam for US$50 million
Foxconn, through its subsidiary New Wing Interconnect Technology (Bac Giang), has acquired a 25% stake in Goertek Electronics Vietnam for US$50 million, announcing the deal on the...
Monday 24 February 2025
Flex expands US manufacturing capacity to meet AI-driven power demands
In a strategic move to bolster its presence in the rapidly evolving data center market, Flex announced the launch of a new 400,000-square-foot manufacturing facility in Dallas. This...
Friday 21 February 2025
Rayzher hits record 4Q24 revenue with 68% growth; eyes wafer fab expansion demand in 2025
Rayzher posted consolidated revenue of NT$633 million (approx. US$19.34 million) in the fourth quarter of 2024, marking a 68.24% year-over-year increase and a new quarterly record.
Friday 21 February 2025
LMFP battery maker HCM grows overseas presence
Lithium manganese iron phosphate (LMFP) battery manufacturer HCM stated that the company's LMFP materials have successfully entered the US battery supply chain, noting that its customers...
Friday 21 February 2025
Alibaba Cloud opens second data center in Thailand to boost Southeast Asian presence
Alibaba Cloud, the cloud computing arm of Alibaba Group, has inaugurated its second data center in Thailand, expanding its infrastructure to meet the rising demand for cloud services...
Thursday 20 February 2025
Xintec expands investment to boost testing capacity, reshapes strategy for growth
Surging demand for artificial intelligence (AI) is pushing TSMC to expand its advanced packaging capacity. As a key testing partner, Xintec—a TSMC-affiliated outsourced semiconductor...
Thursday 20 February 2025
MediaTek's profits hold steady, but bonuses shrink—global tech team expansion a key factor
MediaTek has announced its annual February bonus payout, but unlike past years, the 2025 edition has drawn less enthusiasm. While salary adjustments met expectations, many employees...
Thursday 20 February 2025
Trump calls Tesla's India factory plans 'unfair' amid EV expansion rumors
US President Donald Trump has criticized Tesla's potential plans to manufacture electric vehicles in India, calling the move "unfair" to the US during an interview with Fox News...
Thursday 20 February 2025
SMIC expands Beijing fab as capital spending holds steady in 2025
SMIC is advancing the second phase of its Beijing wafer fab, set to break ground in early 2025. The project, expected to be the city's largest logic IC foundry, comes with a total...
Wednesday 19 February 2025
Exclusive: Kaynes SemiCon expands global presence, nears OSAT customers in Japan and US
Kaynes SemiCon is strengthening its position in the outsourced semiconductor assembly and test (OSAT) market, moving closer to securing new customers from Japan and the US as part...
Wednesday 19 February 2025
Is Gogoro withdrawing from India's electric two-wheeler market?
Under new leadership, Gogoro has unveiled its strategic direction, suggesting a possible withdrawal from India's electric two-wheeler market in favor of a targeted expansion in Vie...