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.
Micron Technology announced to invest in engineering and operation centers in Mexico on May 10 that it will hire at least 100 workers by the end of 2024.
Introspect Technology, a Canadian private company, introduced its M5512 GDDR7 Memory Test System, which is designed for testing GDDR7 memory controllers, GDDR7 physical layers, and GDDR7 SGRAM chips, less than one month after the graphics memory specification was announced in March 2024.
In 2000, Bill Gates visited Taiwan for the World Congress of Information Technology (WCIT), and in 2009, Steve Ballmer, the second president of Microsoft, visited Taiwan only for one day. These were the only two times that the CEOs of Microsoft visited Taiwan.
N Chandrasekaran, Tata Sons chairman, will assume the role of chairman of Tata Electronics, highlighting Tata's determination to enter the semiconductor industry as the group forays into semiconductors, EVs, and iPhone manufacturing amid India's ambition to develop a local high-tech ecosystem.
Boston Dynamics, hailed as the pioneer of humanoid robots, recently announced that Atlas, its most iconic robot, would be retiring after a decade of development. However, shortly after, it announced the launch of an electric version of Atlas.
Lam Research is expanding its investments to help India grow a chipmaking ecosystem. India-based Mindgroove Technologies introduced a RISC-V SoC to meet local demands.
Apple's latest release of the brand-new iPad series brings a fresh outlook to the long-stagnant tablet market and is expected to serve as a revenue booster for the main assembler, Hon Hai Precision Industry (Foxconn), in the months ahead. However, according to supply chain sources, Foxconn's overall revenue contribution from the new iPad series could still be affected by off-season effects in the second quarter of the year.
To take advantage of the rebound in the global monitor market in 2024, companies such as Samsung Electronics and LG Electronics are targeting high-performance, gaming, and AI demands by launching new monitor products to accelerate their market penetration.
