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Thursday 23 May 2024
Seven hours in Geneva hotel highlights US-China struggle on AI
For seven hours at a Geneva hotel earlier this month, top US and Chinese officials locked into talks on collectively managing their biggest fears around artificial intelligence —...
Thursday 23 May 2024
China conducts major military drills around Taiwan, but local market resilient
In a bold display of military might, China initiated extensive drills encircling Taiwan on May 23, a clear signal to the newly inaugurated Taiwanese president, Lai Ching-te. The exercises,...
Thursday 23 May 2024
Generative AI not a bubble, market scale to hit US$1.5 trillion by 2030
Generative AI (GenAI) is a subset within the AI realm, and it is expected to be one of the most critical driving forces for global economic growth in the next 5-10 years.
Thursday 23 May 2024
UK and South Korea lead global AI safety summit, China and UAE firms pledge AI safety commitments
At the second Global AI Safety Summit, South Korea and the United Kingdom jointly introduced the "Seoul Declaration," committing world leaders to a consensus on principles for the...
Thursday 23 May 2024
US tariff hike on Chinese EVs, batteries, steel to take effect on August 1
The first group of China-made products that the US Biden administration targets will see their tariffs rise on August 1, 2024, according to an announcement from the Office of the...
Thursday 23 May 2024
As IC makers cheer on AI PCs and smartphones, high cost remains primary concern
AI has officially found its way onto PCs and smartphones.
Thursday 23 May 2024
AI PCs a shot in the arm for lackluster MOSFET market, says Sinopower
MOSFET manufacturer Sinopower has seen a massive reduction in urgent and short orders, as overall conditions return to normal with the end of inventory destocking, and the introduction...
Thursday 23 May 2024
Major Chinese CCL firm raises prices
China-based CCL maker Kingboard Laminates has notified customers of immediate price hikes to reflect growing raw materials costs, according to industry sources.
Thursday 23 May 2024
Taiwan foundries gain PMIC orders shifted from China
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...
Wednesday 22 May 2024
Bain-backed Chinese EV services firm NewLink seeks private loan
NewLink Group, a Bain Capital-backed firm that provides software to sectors including the electric vehicle-related...
Wednesday 22 May 2024
China's $10,000 EV is coming for Europe's carmakers
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...
Wednesday 22 May 2024
Huawei's automotive business unit profits in 1Q24
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...
Wednesday 22 May 2024
Audi partners with SAIC to develop China-specific EV platform; first vehicle to come next year
Premium carmaker Audi has deepened ties with its Chinese partner SAIC Motor as Western automakers try to catch up in the world's largest EV market.
Wednesday 22 May 2024
PCB suppliers optimistic about iPhone's AI benefits; Huawei's flagship smartphone chips face supply shortage
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...
Wednesday 22 May 2024
Western European TV Market sees recovery, 2H24 sports events to boost shipments
As global TV shipments declined in the first quarter of 2024, but demand for 75-inch and larger TVs remained strong. Notably, regional market differences have led to varying brand...