OLED panels used for external screens/monitors remain dominated by the two major South Korean panel manufacturers, Samsung Display (SDC) and LG Display (LGD), becoming a new growth driver for both firms with an annual shipment growth of around 20%.

SK Hynix and TSMC have advanced their next-generation High-Bandwidth Memory (HBM) mass production plans.

As major countries, particularly the United States, escalate their substantial subsidies for domestic semiconductor production, South Korea's industry is increasingly concerned about its lagging policies and lack of local manufacturing incentives. Reports suggest that the South Korean presidential office is crafting a subsidy plan aimed at fostering and attracting Small and Medium-sized Enterprises (SMEs) from both home and abroad.

Samsung Electronics has appointed company vice chairman Young Hyun Jun as the new leader of its Device Solutions (DS) division. Jun will be responsible for overseeing the company's semiconductor business and enhancing its competitive position in the face of an unpredictable global business climate.

Renesas Electronics highlighted the importance of the Indian market, aiming to boost its revenue share from India from the current 5% to between 10% and 15% by 2030. The company also stated that its future acquisition deals will be US$1-2 billion, with no immediate plans for larger multi-billion-dollar acquisitions.

Indian SaaS company Zoho is reportedly planning to invest US$700 million in semiconductor manufacturing. If true, this could mark another case of an Indian company entering the semiconductor sector. In terms of funding, this investment should be in the IC backend domain.

Market sources have identified Naura Technology as the principal beneficiary of China's initiative to achieve self-sufficiency in chipmaking equipment. Revenue for the Chinese fab toolmaker increased by 50.7% in 2023.

The time it's taking for some of China's electric car makers to pay suppliers is ballooning — a further sign of stress in the nation's increasingly cutthroat auto market.

Elon Musk inaugurated SpaceX's Starlink internet services in Indonesia on Sunday as the world's largest archipelago seeks to boost connectivity to its most remote areas.

Samsung Electronics and SK Hynix reported a surprising increase in semiconductor inventories in the first quarter, even as the memory market improved. The companies attributed the rise to accounting adjustments that reflected higher memory prices and reduced provisions in their income statements.

China's homegrown automakers continue to rise as the country's economy still needs time to recover fully.

EDA giant Synopsys has completed the tape-out of a high-performance mobile SoC design using Samsung Electronics' 3nm GAA (Gate-All-Around) wafer foundry process. This chip is set to be used in Samsung's Galaxy smartphones in 2025.

The US Department of Commerce (DOC) recently reported it has revoked Intel and Qualcomm's licenses to sell notebook and smartphone chips to Huawei.

Four years after launching its consumer electronics brand globally, Acer announced the entry of Acerpure into India, its second-largest market.

Indian solar energy company Orb Energy has reduced its reliance on Chinese components by over 20% in recent years, in line with the general trend of diversifying supply chains.