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Thursday 16 May 2024
Stellantis forms JV with Leapmotor, EU likely to put punitive tariffs on Chinese EVs
European automaker Stellantis has deepened ties with its Chinese partner Leapmotor.
Thursday 16 May 2024
Kai-Fu Lee's 'Wanzhi': China's answer to ChatGPT
Beijing-based startup 01.AI, founded by AI pioneer Kai-Fu Lee has officially rolled out its free AI one-stop platform "Wanzhi" tailored for the Chinese market.
Thursday 16 May 2024
Veolia inaugurates first regeneration plant in China
Veolia Water Technologies, a subsidiary of Veolia and a leading specialist in water treatment technologies and services, announces on May 15 the inauguration of its first ion exchange...
Thursday 16 May 2024
South Korean companies to walk tightrope between US tariffs, China's upcoming retaliation
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...
Thursday 16 May 2024
Could massive US tariffs on Chinese EVs harm the US automobile industry instead?
According to a report from Bloomberg, after nearly two years of evaluation, the Biden administration is preparing to target Chinese EVs.
Thursday 16 May 2024
Chinese PMIC market to recover faster than others, says Silergy
Power Management IC (PMIC) design house Silergy is confident that the Chinese market will recover at a faster rate than other markets.
Thursday 16 May 2024
Consumer MCU market recovery in different regions vary
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 sou...
Wednesday 15 May 2024
China vows 'resolute measures' after Biden's new tariffs
China blasted the Biden administration's move to increase US tariffs on a wide range of Chinese imports, vowing to take its own action, without giving specifics.
Wednesday 15 May 2024
How will US tariff hike affect China's clean energy industry?
US President Joe Biden announced sweeping tariffs on multiple Chinese goods on May 14. Industry experts said China's lithium-ion battery exports will likely take a significant hit...
Wednesday 15 May 2024
AT&S to sell medtech PCB factory in South Korea
Advanced Technologies & Solutions (AT&S), an Austria-based PCB and IC substrate manufacturer, has announced plans to sell its plant in Ansan, South Korea, which largely services...
Wednesday 15 May 2024
Why is Samsung struggling in the Chinese market?
Samsung Electronics has reclaimed the top position in the global smartphone market in the first quarter of 2024, driven by the strong performance of its Galaxy S24 series. However,...
Wednesday 15 May 2024
Tech titans turn to Southeast Asia's booming digital market for AI growth
In the past six months, Southeast Asia has become a focal point for CEOs of prominent tech companies such as Nvidia, Apple, and Microsoft, attracting a growing number of enterprises...
Wednesday 15 May 2024
Broadcom's AI chip revenue to more than double in 2024 despite China market challenges
Broadcom anticipates that AI chip revenue will contribute 35% to its semiconductor revenue in 2024, up sharply from 15% in 2023. The AI revenue for the year is estimated to soar past...
Wednesday 15 May 2024
US-China trade relationship exacerbates as Biden raises tariffs on Chinese EVs, solar cells, semiconductors
The US government announced the long-waited tariff revision on an array of China-made products on May 14.
Wednesday 15 May 2024
Foxconn's 1Q24 earnings call: more opportunities for CDMS business model as EV market competition intensifies
Foxconn held its earnings call for the first quarter of 2024 on May 14, during which the focus remained on AI servers and the EV market. By building upon its solid technological expertise,...