While the US-China technology rivalry and the resultant G2 framework have prompted the semiconductor industry to diversify production risks, Vietnam is emerging as an attractive location for global semiconductor players to serve the purpose, ranking closely behind Singapore and Malaysia among ASEAN countries. Nevertheless, there exist challenges that must be overcome to fully realize its potential.
As Ericsson scaled up its telecom gear production in India to meet local demand, the company plans to increase exports. This move aligns with the Indian government's push to make the country a powerhouse in electronics manufacturing by encouraging local production.
China-based CCL maker Kingboard Laminates has notified customers of immediate price hikes to reflect growing raw materials costs, according to industry sources.
Taiwanese foundries have seen customers switch orders for Power Management ICs (PMIC) from Chinese chipmakers in the wake of the US decision to raise tariffs for semiconductor imports from China, according to industry sources.
NewLink Group, a Bain Capital-backed firm that provides software to sectors including the electric vehicle-related industry, is seeking as much as $100 million in private debt, according to a person familiar with the matter.
Cheap electric vehicles from China are already pushing into Europe, undercutting one of the region's biggest industries. BYD Co., which overtook Tesla Inc. last year to become the biggest global EV maker, is about to raise the stakes. The Chinese manufacturer last month announced plans to introduce its Seagull hatchback in Europe next year, which offers premium features like cruise control and wireless phone charging but sells for less than $10,000 in China. Even after tariffs and modifications to meet European standards, BYD executives have pledged to sell the Seagull for less than €20,000 ($21,500) on the continent.
In less than six months, Samsung Electronics experienced yet another notable shift in its senior leadership, coinciding with its trailing position behind SK Hynix in the HBM market. This development hints at the possibility of additional organizational restructuring within Samsung's semiconductor division.
Amid the investment hype among India-based companies in the semiconductor field, Kaynes Technologies said its OSAT project witnessed delays due to the ongoing elections in India, with initial production planned for one or two years from now.
Five years after commencing its automotive ambition, Huawei said the unit has come out of the red. Richard Yu, Huawei's chairman of the smart car solutions business unit, recently said the company's automotive business unit and the smart selection car segment have turned profitable in the first quarter of 2024.
In 2024, the consumer electronics market is gradually recovering. However, there are mixed signals in the end-user application market, with some reports suggesting bleak prospects for Apple due to the recent lack of innovative momentum.
LG Electronics has established an "AI Robot Alliance" with Google, gearing up to introduce in June a service robot incorporating Google's latest generative AI, Gemini, as revealed by South Korean industry sources.
Japanese semiconductor foundry Rapidus, aiming to mass-produce 2nm chips, has announced a collaboration with US-based AI chip startup Esperanto Technologies to jointly develop designs.
Taiwan's Department of Industrial Technology (DoIT) under the Ministry of Economic Affairs (MOEA) has confirmed that AMD has submitted an application to establish an R&D center in Taiwan.
ASML Holding NV and Taiwan Semiconductor Manufacturing Co. have ways to disable the world's most sophisticated chipmaking machines in the event that China invades Taiwan, according to people familiar with the matter.