Samsung Electronics has released its business report, revealing changes in its top five clients for the first quarter of 2024. In the latest report, two US-based companies, Bestbuy and Qualcomm, have been replaced by Chinese semiconductor suppliers.
Ally Logistic Property (ALP), a Taiwan-based logistics developer actively expanding into the Southeast Asian market, has expressed concerns over the region's labor shortages.
The ongoing AI wave is propelling major cloud service providers (CSP), brands, and enterprises to continue investing in the AI arms race, and it also allows related businesses to see the prospects of future market growth.
Robust AI server demand in China boosted the sales performance of Inspur Electronic Information Industry Systems (IEIT) and Foxconn Industrial Internet (FII) in the first quarter of 2024.
Notebook shipments are expected to see a gradual pick-up starting in the third quarter of 2024, with the highly anticipated replacement demand driven by the arrival of AI PCs, according to industry sources.
Microsoft's headquarters has reportedly instructed the head of its China division to require its Chinese AI developers to either relocate to countries such as the United States and Australia or opt for resignation.
To maintain its leading position in Artificial Intelligence (AI), Nvidia has mastered its CUDA software, constantly emphasized its affiliation with Taiwan and TSMC, and has even secured strong connections with the server supply chain in practice.
Siemens and Hon Hai Technology Group (Foxconn) have signed a Memorandum of Understanding (MoU) to accelerate digital transformation and sustainability in smart manufacturing systems.
Veolia Water Technologies, a subsidiary of Veolia and a leading specialist in water treatment technologies and services, announces on May 15 the inauguration of its first ion exchange regeneration facility in China. The facility features state-of-the-art technology to efficiently recycle spent ion exchange resins, promoting resource optimization and sustainability.
Quanta released its first quarter financial report during its online earnings call on May 15, noting quarterly growth in gross margin, operating margin, and net income after tax, as well as three key factors in the company's upcoming strategy. AI servers will generate more than half of server-related revenue, AI notebooks, and PCs are still in their early stages, and opportunities still lie in autonomous driving.
Dixon Technologies, the largest India-based EMS provider, recorded surging sales and profit, but the growths missed expectations. The company is adding partners and looking to foray into display module manufacturing.
As AI continues to be deployed in an ever-increasing range of industries, Cloud Service Providers (CSP) have accordingly increased their investments in AI-related hardware, with Nvidia's latest GB200-equipped servers the clear favorite due to its vast improvements over currently available products in terms of inference performance, training performance, and energy efficiency.
Samsung Electronics has reclaimed the top position in the global smartphone market in the first quarter of 2024, driven by the strong performance of its Galaxy S24 series. However, despite its global success, the South Korean tech giant continues to struggle in the Chinese market.
Google announced the launch of the sixth generation TPU called Trillium, boasting 4.7 times the computing power of TPU v5e and a doubling of High Bandwidth Memory (HBM) performance, all while reducing energy consumption. Cloud customers can access it later in 2024, with an emphasis on utilizing liquid cooling technology.
Foxconn held its earnings call for the first quarter of 2024 on May 14, during which the focus remained on AI servers and the EV market. By building upon its solid technological expertise, Foxconn hopes that innovative business models can generate more momentum across its various business groups.
NXP Semiconductors and Pegatron have announced plans to open a joint laboratory and work together on various automotive electronics applications. Their early partnership will concentrate on applications that can be implemented quickly, starting with smart cockpits.
The adoption of automotive Ethernet is increasing at a fast pace, which is likely to create significant economic prospects for related chip suppliers, according to industry sources.
Taiwan's National Science and Technology Council (NSTC) announced the launch of the "IC Taiwan Grand Challenge" on May 14 to attract global IC-related teams to Taiwan to propose research, development, and commercialization plans and leverage the semiconductor ecosystem and capabilities.
Foxconns revenue for the first quarter totaled NT$1.32 trillion (US$40.73 billion), a decline of 9.47% compared to the same period last year. This figure also missed Bloomberg's estimates of NT$1.37 trillion. Operating profit for the quarter was NT$36.75 billion, a decrease of 9.3% year-on-year, better than Bloomberg's estimates of NT$35.16 billion.
An Indian top official revealed that Apple plans to increase India's iPhone production share from over 10% to 25% by 2028, indicating that Apple will explore more local suppliers to achieve its goal.
India's US$10 billion semiconductor mission is surging forward with recent collaborations and investments. The partnership between Power Semiconductor Manufacturing Corporation (PSMC) and Tata, along with Micron's substantial investments, signal decisive strides in fortifying India's semiconductor industry.
