President Joe Biden's administration is poised to unveil a sweeping decision on China tariffs as soon as next week, one that's expected to target key strategic sectors while rejecting the across-the-board hikes sought by Donald Trump, people familiar with the matter said.

Semiconductor Manufacturing International Corp. expects its average selling price to fall this quarter as chipmakers increase capacity, raising the alarm about growing price competition in the global market.

Market research firm DSCC recently stated that for Apple's OLED iPad launched in 2024, LG Display (LGD) is expected to account for over 65% of the panel shipments, ahead of Samsung Display (SDC). Observers in the South Korean industry have raised concerns about Apple issuing rather harsh requirements, suspecting that Apple may be attempting to shift the "responsibility" of weak sales and shipments onto the South Korean panel manufacturers

In a recent move aimed at bolstering national security measures, the US Commerce Department's Bureau of Industry and Security (BIS) has added 37 People's Republic of China (PRC) entities to the Entity List under the Export Administration Regulations (EAR). What is noteworthy is that quantum technology is specifically mentioned for 22 newly added to the Entity List.

Japan's semiconductor foundry startup Rapidus, now on a mission to mass produce 2nm chips by 2027, is developing advanced packaging and chiplet technologies, with a particular focus on interposer technology crucial for connecting chips with substrates. However, Rapidus is also tackling the challenge of improving production yield to win more advanced-packaging customers.

Lam Research announced a plan to include India-based suppliers in the global semiconductor equipment ecosystem, the second move by the company in less than a month to develop a chipmaking ecosystem in India.

Magna International's Austrian plant is experiencing a double hit resulting from the sluggish EV demand. An EV startup customer has filed for bankruptcy, and orders from legacy automakers lack a driving force.

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.

According to Tata Elxsi's press release, the company announced a collaboration with Arm to offer advanced solutions on the latest Arm-based chips, which will help Automotive OEMs and tier-1s fast-track their transition to Software-Defined Vehicles (SDVs)

As a subsidiary of SK Hynix, SK Hynix System IC is reportedly in the process of selling its equity in Wuxi, China. It is anticipated that in the future, SK Hynix System IC Wuxi will still retain a 50.1% equity stake, while Wuxi Industry Development Group (WIDG) will hold 49.9%. Operational control will remain in the hands of South Korean entities.

Intel confirms that one of its customers' export license was revoked and would impact its second-quarter sales in 2024 to fall to the lower range between its US$12.5-13.5 billion projection for the quarter, according to a document submitted to the US Security Exchange Commission.

Samsung Electronics reportedly plans to dedicate separate development teams for next-generation High Bandwidth Memory (HBM) products, HBM3E and HBM4, to strengthen its competitiveness in the HBM market. Whether this strategic initiative will allow Samsung to outpace competitor SK Hynix in mass production is drawing industry attention.

Toyota Motor reported hefty profit growth for the past fiscal year ending March 2024, thanks to booming hybrid EV sales and a weaker Japanese Yen. The automaker said it plans to invest JPY2 trillion (US$13.79 billion) in its suppliers, growing the EV lineup and developing Software-Defined Vehicles (SDV).

Asia Optical, one of Taiwan's leading optical device suppliers, has achieved several breakthroughs in recent months, as stated by chairman Lai Yi-Jen during the company's earnings call on May 8. The company will pursue a three-pronged strategy as it expands its business: a strategic alliance with LG Innotek (LGIT), one of South Korea's leading lens module manufacturers; expansion of its facilities in the Philippines; and investment in cutting-edge Metalens technology.

Tata Electronics reportedly shipped packaged chip samples to potential customers in several countries. It is in the final stages of tape-out for chips in 28-65nm, indicating the progress the Indian national champion and front-runner in India's chipmaking indigenization made since its chip ambition.