Foxconn has reportedly completed a US$230 million project in Tamil Nadu to build dormitories for its predominantly female workforce, enhancing convenience and support for their staff as Foxconn commits to expanding its operations in India.
Near the year-end of 2024, the US government launched a Section 301 investigation into China's semiconductor sector, with a new focus on third-generation materials like silicon carbide (SiC). This development comes amid an oversupply situation in China's SiC market throughout 2024.
Taiwan's traditional industries, such as petrochemicals, are struggling while the high-tech semiconductor sector continues to thrive. This stark disparity highlights the widening gap between two critical economic pillars. Semiconductor leaders like TSMC significantly outperform traditional companies like Formosa Plastics in both market capitalization and global influence.
The advancement of technology has laid the foundation for the electronic and digital transformation of healthcare, further promoting the introduction and application of smart solutions. With the gradual easing of related regulations, many ICT companies are increasing their investments, hoping to ride the wave of change in the medical industry and expand their operational reach while diversifying their business strategies.
Growing demand for artificial intelligence semiconductors is reshaping the global chip industry, but South Korea's ambitions to capture market share face significant hurdles despite the sector's explosive growth potential.
Tesla executive Jeff Lutz clarified on social media that the Dojo chip is not directly used in electric vehicles (EVs) or the Optimus robot but instead provides computational support for AI training, further enhancing the performance of full self-driving (FSD) technology. Observing the four key puzzle pieces in Tesla's AI system offers insight into Musk's grand AI plan.
Perfect Corp, a leading provider of AI and AR beauty technology, has acquired Wannaby Inc., a Farfetch-owned startup, in a deal with undisclosed financial details. This acquisition aligns with Perfect Corp's strategy to integrate cutting-edge technologies and broaden its portfolio into high-growth fashion sectors, including footwear, handbags, and apparel.
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 and SE Daily, the company will introduce the Galaxy F16 5G smartphone in India in the first quarter of 2025. The Galaxy F series specifically targets developing markets like India and Bangladesh.
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 business.
Building on the prior exploration of Foxconn's management philosophy and the advantages of its new policies, this DIGITIMES feature delves into the company's growth trajectory, the hurdles encountered by Chairman Young Liu, and his forward-looking strategies to overcome them.
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 Canada, a move reminiscent of his "Tariff Man" persona.
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