Samsung Electronics is undergoing a personnel reform in response to the crisis within its semiconductor business. Notably, the head of Device Solutions (DS), Young-Hyun Jun, will also manage the memory division and a new CTO position for foundry services has been introduced

HMD Global has strategically designated India as a crucial export hub for Nokia phones in response to the evolving dynamics of the global trade environment. The persistent trade tensions between the US and China have prompted the search for alternative supply chains, with India increasingly becoming a favored manufacturing location for numerous companies, including HMD

Leading offshore wind turbine component maker Yeong Guan Energy Technology has announced that mass production at its Taichung plant will begin in 2025, while its plant in Thailand will begin trial production in mid-2025. Amid the trend toward supply chain diversification, the company has already received numerous inquiries from European companies about production in its Thailand plant, potentially boosting growth next year

Amid challenges, Samsung has decided to scale back investments in its foundry business, prioritizing existing production lines to reduce losses and refocusing efforts on regaining competitiveness in memory technologies. However, with its foundry lagging in technical competitiveness and large-scale investments difficult to recoup, Donald Trump's re-election and speculations regarding spinning off Samsung's foundry unit or collaborating with Intel have further heightened interest in Samsung's future direction

The Chinese electric vehicle (EV) industry is characterized by intense competition as numerous automakers aim to achieve profitability in the face of increasing sales. Xiaomi, with its substantial financial resources, has the potential to disrupt this market

China's dominance in the LCD panel and TV manufacturing sectors is driving up procurement costs for South Korean giants Samsung Electronics and LG Electronics. Additionally, China's aggressive pricing in the Mini LED market is putting pressure on their premium TV strategies, challenging the viability of their OLED TV plans

Amid global economic uncertainty and shifting geopolitics, multinational corporations face tough strategic decisions. STMicroelectronics has made a striking move, announcing plans to collaborate with Hua Hong Semiconductor, China's second-largest foundry, to produce 40nm microcontroller units (MCUs) locally by 2025. Hua Hong confirmed the partnership, as reported by China Electronics News

Huawei has registered several new trademarks for electric vehicles (EVs) in China, signaling deeper collaboration with Chinese automakers

According to Science and Technology Daily on October 16, ChatGPT's emergence has spurred unprecedented growth in AI innovation, with China experiencing a rapid surge in AI computing power development. The country has over 250 AI computing centers that are either built or under construction nationwide

South Korean companies have increasingly focused on OLED technology to differentiate themselves from Chinese competitors in the television market. However, recent comments from Jun Zhao, CEO of TCL China Star Optoelectronics Technology (TCL CSOT), suggest a potential shift in this dynamic

India's Centre for Development of Advanced Computing (C-DAC) has launched the ChipIN Centre as a central hub for semiconductor design, providing comprehensive tools and resources to support the country's chip design community

SK Hynix has reportedly begun mass production of its 321-layer 1Tb TLC 3D NAND Flash products, posing a potential threat to Samsung Electronics' (Samsung) leading position. This development is drawing significant attention from the market

On November 26, BYD announced a directive requiring its suppliers to implement a 10% cost reduction starting January 1, 2025. Following this, SAIC Maxus has reportedly launched a similar initiative, also targeting a 10% cost cut across its upstream supply chain, further intensifying market-wide cost optimization efforts

Taiwan-based pure-play foundry PSMC is building a 12-inch wafer fab for Tata Electronics in India, and Lam Research, eyeing growing Indian opportunities, plans to set up an office at the fab

US President-elect Donald Trump's latest announcement of a 10% tariff on Chinese imports has created waves in international markets. While the relationship between this new tariff and his previous statements about imposing a 60% tariff on all Chinese goods remains unclear, analysts view this move as an opening gambit, marking the administration's first concrete trade action since his election victory