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Emerging tech, businesses news coverage
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Monday 21 August 2023
Alchip raises revenue outlook for 2023
Taiwan-based Alchip Technologies, dedicated to supplying ASICs, has raised its revenue forecast for 2023 from US$800 million to between US$900 million and US$950 million.
Monday 21 August 2023
Lite-On seizes AI wave as it undergoes strategic overhaul
Generative AI has rapidly risen worldwide, sparking a new industrial revolution and driving urgent demand for high-wattage power supplies for AI servers. Anson Chiu, the CEO of Lite-On...
Monday 21 August 2023
PDC expects automotive components to drive large-sized MLCC, R-Chip growth
Prosperity Dielectrics Co. (PDC) held an earnings call on August 18. The company said the application of large-sized multi-layer ceramic capacitors (MLCC) and chip resistors (R-Chip)...
Monday 21 August 2023
Lenovo: AI smartphones and AI PCs to impact market in 2024
Despite a decline in PC revenue that continues to affect Lenovo's latest quarterly performance, Yang Yuanqing, Chairman and CEO of Lenovo, emphasized during a recent earnings call...
Monday 21 August 2023
Lenovo unveils AI computing strategy and new Nvidia-powered AI servers
At the China Computational Power Conference 2023, Lenovo Group unveiled its artificial intelligence (AI) strategy and two new AI server products. Collaborating with suppliers like...
Monday 21 August 2023
China plays catch-up with the US in 'intelligent computation'
The China Computational Power Conference 2023 was held on August 19th in Ningxia. Located in the northwestern part of China, the site is a significant focal point for Beijing authorities...
Monday 21 August 2023
In China's battle for AI, Huawei hands in its results first while Xiaomi's LLM evaluation is revealed
Xiaomi recently revealed its LLM for the first time. Data from evaluation platforms C-Eval and CMMLU is revealed as well. Chinese smartphone brands are joining the LLM race one after...
Monday 21 August 2023
CATL takes on BYD in LFP battery field with new superfast-charging LFP battery
Chinese battery maker Contemporary Amperex Technology Co. Limited (CATL) launched its Shenxing 4C superfast-charging lithium iron phosphate (LFP) battery on August 16, which will...
Monday 21 August 2023
DC microgrid on track to thrive in EV charging, says DIGITIMES Research
The adoption and application of DC microgrid is rising. The grid combines renewable energy, energy storage systems and end devices, enhancing energy conversion efficiency. It will...
Monday 21 August 2023
India roundup: Foxconn speeds up Indian expansion
Over the past week, a series of developments and rumors regarding Foxconn's investments in India have occurred. Global PC and notebook manufacturers are closely watching if India...
Monday 21 August 2023
Oversupply of power batteries in China puts pressure on EV supply chains
Rising levels of China's power battery inventories are becoming increasingly obvious, which is putting pressure on China's electric vehicle (EV) supply chain, according to sources.
Monday 21 August 2023
Weekly news roundup: China is 5 generations behind US and other top stories
These are the most-read news stories in the week of August 14-18, 2023 on DIGITIMES Asia website:
Friday 18 August 2023
Immersion cooling technology on race cars: interview with XING Mobility CEO Royce Hong
Applications such as electric vehicles and energy storage have gradually seen material demands. However, whether the two applications can be operated safely and effectively depends...
Friday 18 August 2023
Foxconn has comprehensive plan for AI, covering hardware to integration
In this wave of ChatGPT-fueled generative AI, Foxconn has leveraged its long-established position in the server industry to continue to be involved in the AI ecosystem. Whether it's...
Friday 18 August 2023
SK On makes battery material investment in Canada, expanding battery production on home turf
South Korea-based battery manufacturer SK On is accelerating expansion. The company will invest in a new battery material plant in Quebec, Canada, with Ford. It also plans to build...