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Thursday 2 January 2025
European chipmakers pivot to domestic production in China
The trio of major European chip-making giants—STMicroelectronics (STM), NXP, and Infineon—have recently announced plans to establish local chip manufacturing supply chains...
Thursday 2 January 2025
Samsung kickoff advanced packaging supply chain overhaul with equipment shakeup
Samsung Electronics has launched a comprehensive overhaul of its advanced packaging supply chain, focusing on "reassessing" materials, components, and equipment to boost competitiveness...
Thursday 2 January 2025
Japan-based Meiko's value doubles as Vietnam operation makes gains amid US-China tensions
Japanese printed circuit board (PCB) manufacturer Meiko has doubled its market value, driven by the need for the global supply chain relocation away from China. By proactively setting...
Thursday 2 January 2025
Honda-Nissan merger bid to counter Chinese EV dominance
Honda and Nissan's ongoing merger negotiations are reportedly an attempt to counter the rising dominance of Chinese electric vehicle (EV) manufacturers. The Japanese automakers, prompted...
Thursday 2 January 2025
Samsung bets on high-value memory to counter CXMT amid DRAM slump
Samsung Electronics' Device Solutions (DS) division is revising its production strategy as falling DRAM prices and weak IT demand weigh on profits. South Korean securities firms have...
Thursday 2 January 2025
Honda and Nissan target global synergy in strategic merger
Honda and Nissan aim to forge synergies across seven areas, including vehicle platform commonality and software development, as they strengthen ties through strategic collaboration...
Thursday 2 January 2025
Samsung targets India market leadership with new budget devices
Samsung Electronics aims to reclaim its leadership position in India's smartphone market by launching affordable new products in early 2025. According to reports from Sam Mobile...
Thursday 2 January 2025
Arm China reportedly lays off employees from the CPU department ahead of year-end
A recent report has revealed that the CPU department under Arm China, a Chinese chip IP designer and service provider, has started laying off employees. The department consists of...
Thursday 2 January 2025
BYD chalks up new record as it narrows EV sales gap with Tesla
China's BYD enjoyed a year-end surge to push total sales to 4.25 million passenger cars last year, narrowing its gap with Tesla as the two vie for the crown of the top-selling electric...
Thursday 2 January 2025
Alibaba to sell Sun Art to buyout firm DCP for US$1.6 billion
Alibaba Group agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its core online...
Thursday 2 January 2025
Honda targets doubling hybrid sales by 2030 amid EV challenges
Honda aims to double its hybrid electric vehicle (HEV) sales to 1.3 million units annually by 2030, introducing its next-generation "e:HEV" system for smaller, more efficient, and...
Thursday 2 January 2025
SK Hynix System IC implements voluntary layoffs amid market struggles
Reports indicate that SK Hynix's wafer foundry subsidiary, SK Hynix System IC has initiated a voluntary retirement plan for its entire workforce. SK Hynix System IC specializes in...
Tuesday 31 December 2024
China's calculated retaliation intensifies tensions as Trump hints at renewed tariffs
Following Donald Trump's election, the US-China trade war appeared to be entering a new phase with Trump's announcement in late November of additional tariffs on China, Mexico, and...
Tuesday 31 December 2024
Huawei sanctions 2.0 in the cards with Trump back in office
Donald Trump's return to the US presidency, coupled with his appointment of hawkish cabinet members focused on China, signals the likelihood of escalated trade and technology sanctions...
Tuesday 31 December 2024
Xiaomi pursues young AI talent with multi-million yuan salary offer
The Chinese AI model DeepSeek has gained global popularity recently, bringing attention to a figure dubbed the "genius AI girl" Fuli Luo, born post-1995.