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.
Recent data indicates an uptick in semiconductor industry inventories, particularly among top chip companies capitalizing on the AI trend. While China has witnessed a rise in listed semiconductor firms, it continues to face challenges, particularly in the memory business sector.
Honda Motor is trying to catch up with its competitors in the global EV market. The Japanese automaker aims to inject JPY10 trillion (US$65 billion) into its EV efforts and launch seven EV models under its flagship series by 2030.
Due to the increasing competitiveness of end-use products, industries from semiconductors, electronic components to assembly plants, have faced challenges in improving yield rates and boosting production speeds.
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.
Topco Scientific, a Taiwan-based semiconductor material distributor, has seen a significant increase in orders from Chinese foundries whose 12-inch fab utilization rates have risen above 90%.
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.
Nio Inc. is launching a more affordable electric car brand in China in a bid to gain a firmer foothold in the world's most competitive market as Tesla Inc.'s momentum slips.
Taiflex Scientific, a specialist in flexible PCB materials such as flexible copper clad laminates (FCCL), celebrated the grand opening of its Thailand plant on May 15 at the Amata City Chonburi Industrial Estate.
Tencent Cloud, the cloud business of global technology company Tencent, has recently announced the signing of a Memorandum of Understanding (MoU) with PT. Bank Rakyat Indonesia (Persero) Tbk. (BRI) and Hi Cloud Indonesia, a cloud service provider (CSP). The collaboration aims to drive innovation in BRI's banking services by leveraging technology, with a specific goal to enhance customer service and transaction experiences.
Amidst endeavors to cultivate a semiconductor ecosystem, India is purportedly contemplating creating an IP pool for semiconductor startups, mirroring the approach adopted by Taiwan in nurturing its semiconductor ecosystem.
The US announced 25% to 100% tariff hikes on China-made EVs, batteries, semiconductors and other goods. Although the move does not impact South Korean industries for now, companies must tackle a new round of supply chain disruptions as US-China trade disputes heat up.
Suppliers are expanding their target regions to include India and Southeast Asia as consumer Microcontroller Unit (MCU) markets revive at different rates, according to industry sources.
