Under the fast-changing technology trend, no matter which way China's AI industry chooses to build its ecosystem or stay compatible with CUDA, the elimination and consolidation processes will ultimately be driven by the choice of the market and customers. The Chinese market is simply too big to ignore.
According to data from a consultative council of the Japanese government, subsidies provided to the semiconductor industry by the Japanese government over the past three years have totaled JPY3.9 trillion (US$25.7 billion), equivalent to 0.71% of GDP. This percentage is higher than recorded by the US, Germany, France, the United Kingdom, and other European and American countries.
Citing costs and productivity, Tesla informed its employees on April 15 that it plans to cut 10% of its workforce worldwide. The news came after Tesla reported a decreased delivery for the first quarter of 2024 amid soft EV demand.
AI took center stage at the 2nd Hong Kong International Innovation and Technology Expo (InnoEX) and the 20th Hong Kong Electronics Fair (Spring Edition), as AI technologies and applications continue to generate buzz and attention in the tech world.
Since acquiring American automotive audio maker Harman in 2016, Samsung Electronics has seemingly suspended large-scale mergers and acquisitions (M&A) for the past 8 years. Recently, there have been reports that Samsung is preparing to resume M&A deals worth trillions of Korean Won, with several key figures already in position.
The US Department of Commerce (DOC) and Samsung Electronics signed a non-binding preliminary memorandum of terms (PMT) on April 15 to provide up to US$6.4 billion in direct funding under the CHIPS and Science Act. Samsung is expected to invest more than $40 billion in central Texas in the coming years, including HBM and 2.5D packaging capacities.
OpenAI named the former president of Amazon Web Services's Japan arm to spearhead its push to woo enterprise clients in the world's fourth-largest economy.
Apple Inc.'s iPhone shipments slid a worse-than-projected 10% in the March quarter, reflecting flagging sales in China despite a broader smartphone industry rebound.
Market rumors said Samsung Electronics and SK Hynix are planning to resume the capacity expansion plans at its Pyeongtaek and Cheongju fabs, which were put on hold during the previous business downturn.