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IN THE NEWS
Monday 1 April 2024
Huawei defies US sanctions, surges in profit, and expands ecosystem in 2023
Despite intensifying US sanctions, Huawei tried to prove it could navigate challenges and make progress by recording a surge in profit in 2023 in addition to a widening ecosystem...
Friday 29 March 2024
Nissan strengthens partnership with Renault, plans joint exploration of Indian market
Nissan and Renault execs traveled together to India.
Friday 29 March 2024
Targeting Tesla Model 3, Xiaomi's first EV stirs up intense Chinese market
Xiaomi secured 50,000 firm orders for its first electric sedan, SU7, 27 minutes after it began receiving orders on the night of March 28.
Friday 29 March 2024
GigaDevice to increase capital in CXMT, eyeing improving DRAM demand
China-based MCU and NOR flash provider GigaDevice plans to participate in Changxin Memory Technologies' (CXMT) latest capital increase, citing the increasing demand for DRAMs in Ch...
Friday 29 March 2024
Taiwanese IC designers target satellite market
In the burgeoning Low-Earth Orbit (LEO) satellite market, Taiwanese manufacturers have traditionally found their niche in subcontracting component assembly and antenna integration,...
Friday 29 March 2024
Chinese lithography equipment imports slow
Amid export restrictions imposed by the US and its allies and a move to indigenization, lithography equipment exports to China slowed in the first two months of 2024.
Friday 29 March 2024
Chinese EV exports to US, Europe decline
Chinese customs statistics indicate that Electric Vehicle (EV) exports from China to Europe and the US decreased by 20% and over 40%, respectively, year-on-year during the first two...
Friday 29 March 2024
SMIC profit down over 60% in 2023, plans steady course for 2024
SMIC reported its financial results for 2023, and due to the industrial downturn, sales and profit declined for the reporting period. SMIC plans to navigate 2024 steadily and stabl...
Thursday 28 March 2024
Japanese equipment firms flocked to SEMICON China 2024
SEMICON China 2024, which was held in Shanghai on March 20-22, attracted many Japanese semiconductor equipment manufacturers to showcase their front-end and backend mature node process...
Thursday 28 March 2024
Xi slams technological barriers during Dutch Premier's visit
Chinese President Xi Jinping criticized "technological barriers" during Dutch Prime Minister Mark Rutte's visit to Beijing as the US pushes to tighten controls on ASML Holding NV's...
Thursday 28 March 2024
Xiaomi's $8 billion rally at stake as costly EV bet makes debut
Xiaomi Corp.'s $8 billion stock rally faces a key test when the Chinese smartphone giant unveils its first electric vehicle Thursday, as it attempts to muscle into an unfamiliar and...
Thursday 28 March 2024
US Treasury Secretary Yellen has an EV subsidy bone to pick with China
The US does not want to retaliate, Yellen said.
Thursday 28 March 2024
Elon Musk targets Optimus robot price to below half car's cost for mass market appeal
Tesla CEO Elon Musk has stated that the price of the Optimus humanoid robot should be kept below half the price of a car to achieve mass commercialization.
Thursday 28 March 2024
Auto suppliers not that excited about Xiaomi's SU7
Chinese tech giant Xiaomi is on track to launch its first battery EV (BEV), SU7, on the evening of March 28.
Thursday 28 March 2024
Longsys enters backend industry with recent acquisitions
Longsys Electronics' recent acquisitions of Zilia (formerly SMART Brazil) and Longforce Technology Suzhou (formerly Powertech Technology Suzhou) mark the Chinese memory module specialist's...