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Tuesday 14 May 2024
US tariff hike on Chinese EVs expected to see two immediate effect
The US government reportedly plans to raise tariffs on China-made clean energy products, especially EVs. Supply chain sources said the move will likely achieve instant success: protecting...
Tuesday 14 May 2024
As price competition in China's IC industry turns to race to the bottom, Taiwan-based IC design firms maintain distance
Taiwan-based IC design firms have been coping with aggressive price slashing from China-based competitors, in one of the most challenging situations the industry has faced for more...
Tuesday 14 May 2024
Huawei chip development receives all-out support from Chinese semiconductor firms
Huawei has recently launched its Pura 70 series smartphones featuring its in-house developed Kirin 9010 application processors made using SMIC's 7nm N+2 manufacturing process.
Monday 13 May 2024
SMIC's gross margin declines hard due to cost of supporting Huawei
SMIC released its first-quarter financial report for 2024, with revenue performance showing a year-on-year increase of 19.7% to $1.75 billion, slightly better than market expectations...
Monday 13 May 2024
US reportedly to quadruple tariffs on Chinese EVs
The US is poised to take a tough stance on China's clean energy products. The Biden administration reportedly will soon announce new tariffs on China-made EVs, solar goods, and other...
Monday 13 May 2024
Smartphone brands compelled to evolve again as 5G penetration in China plateaus
Since the commercial operation launch of China's 5G communication system in October 2019, the number of 5G mobile users in China has exceeded 800 million. The monthly shipment proportion...
Monday 13 May 2024
Weekly news roundup: Apple sparks speculation of partnership with EV startup
These are the most-read DIGITIMES Asia stories in the week of May 6 – May 10.
Monday 13 May 2024
Rising Chinese homegrown carmakers offer Global PMX's transforming auto business promising future
China's homegrown car companies attracted the automotive industry's attention at the 2024 Beijing Auto Show last week, while global automakers gathered at the site.
Friday 10 May 2024
Biden set to impose tariffs on China EVs, strategic sectors
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...
Friday 10 May 2024
SMIC warns of growing chip pricing competition in China
Semiconductor Manufacturing International Corp. expects its average selling price to fall this quarter as chipmakers increase capacity, raising the alarm about growing price competition...
Friday 10 May 2024
Former employees accuse Apple of transferring supplier technology to China; Sony and SDC rumored to be victims
There are rumors that Apple attempted to transfer supplier technology to Chinese companies to lower the supply prices of key components.
Friday 10 May 2024
BIS adds 37 Chinese entities to Entity List, highlighting quantum tech concerns
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...
Friday 10 May 2024
SMIC surpasses UMC in sales, competition pressures SMIC profit
According to SMIC's financial results, it reported rising sales in the first quarter but saw worsening profits due to intensifying competition in China, particularly in commoditized...
Friday 10 May 2024
US ponders restrictions for China-made connected cars, new tariffs on EVs
The US-China trade relationship will likely exacerbate as the US might take "extreme action" on Chinese-made connected cars. The Biden administration is also considering new tariffs...
Friday 10 May 2024
Slow EV demand gives Magna double hit
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...