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Emerging tech, businesses news coverage
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Wednesday 2 August 2023
US-based battery firm to invest US$1 billion in India
US-based International Battery Company announced an investment of US$1 billion in Karnataka as India is actively encouraging locally sourced batteries to meet rising EV demand.
Wednesday 2 August 2023
Weebit Nano's ReRAM module qualified for automotive grade temperature
Israel-based memory maker Weebit Nano has fully qualified its Resistive Random-Access Memory (ReRAM) module up to 125 degrees Celsius, the temperature specified for automotive grade...
Wednesday 2 August 2023
Delta expects stable growth in 3Q23
Delta Electronics anticipates sales in the third quarter will increase and outperform the previous quarter thanks to a sustained increase in orders for AI servers and stable demand...
Wednesday 2 August 2023
Heavy copper PCB demand poised to rise for EVs
Demand for heavy copper PCBs, also called thick copper PCBs, is poised to increase for electric vehicles (EV) and other automotive applications, according to industry sources.
Tuesday 1 August 2023
Toyota reports improved margins, will accelerate EV development in China
Increased vehicle sales helped Toyota's profits in the April to June period. The automaker saw its operating income grow by 93.7% from 2022 to JPY1.12 trillion (US$7.86 billion)....
Tuesday 1 August 2023
IDC forecasts robust market for enterprise applications as organizations pursue digital era strategies
According to a new IDC forecast, worldwide revenues for enterprise applications will reach US$483.1 billion in 2027 with a five-year compound annual growth rate (CAGR) of 9.6%. Nearly...
Tuesday 1 August 2023
Chroma expects demand for test to recover in 4Q23 after China's EV market reshuffles
Leading precision test and measurement instrumentation supplier Chroma released its financial results for the second quarter of 2023 on July 31. Chairman Leo Huang said China's market...
Tuesday 1 August 2023
Inventory adjustment for ABF substrates extends to 2024; long-term optimism about AI driving demand
The ABF substrate industry is facing a short-term headwind. Unimicron, whose ABF substrate business accounted for 52% of its revenue in 2Q23, admitted during its earnings call that,...
Tuesday 1 August 2023
CATL looking for sales agent in Taiwan, say sources
Leading Chinese battery manufacturer CATL is considering appointing a Taiwanese firm as its sales agent to service customers in Taiwan, according to industry sources.
Tuesday 1 August 2023
ODMs look to AI servers for profit growth
ODMs are looking to kick off AI server shipments in the second half of this year, which they believe will be a new driver of profit growth, according to sources in the server indus...
Tuesday 1 August 2023
Nvidia to embrace strong 2H23
Nvidia is gearing up for a prosperous second half of 2023, thanks to a spike in demand for its artificial intelligence processors, industry sources believe.
Monday 31 July 2023
MediaTek predicts bounceback for smartphones; AI and automotive progress receives attention
MediaTek CEO Rick Tsai clearly set the tone at the earnings call, stating that automotive electronics and AI will be the two areas that will receive total resource investments and...
Monday 31 July 2023
Chinese firms are seeking Korean partners to skirt US EV rules
Chinese firms are lining up to invest in South Korea's battery industry because they want to use it as a gateway to the US market, undermining the Biden administration's efforts to...
Monday 31 July 2023
Formosa Smart Energy battery cells to enable electric buses, energy storage systems
Formosa Plastics Group is accelerating its transition to the new energy industry. Its subsidiary Formosa Smart Energy has launched its battery production business, aiming to support...
Monday 31 July 2023
Taiwan urged to adapt international hydrogen development experiences to local conditions
Taiwan-based energy industry players are stepping up efforts to build hydrogen refueling stations for hydrogen buses and other applications, as hydrogen energy development is one...