Toyota Motor reported hefty profit growth for the past fiscal year ending March 2024, thanks to booming hybrid EV sales and a weaker Japanese Yen. The automaker said it plans to invest JPY2 trillion (US$13.79 billion) in its suppliers, growing the EV lineup and developing Software-Defined Vehicles (SDV).
Asia Optical, one of Taiwan's leading optical device suppliers, has achieved several breakthroughs in recent months, as stated by chairman Lai Yi-Jen during the company's earnings call on May 8. The company will pursue a three-pronged strategy as it expands its business: a strategic alliance with LG Innotek (LGIT), one of South Korea's leading lens module manufacturers; expansion of its facilities in the Philippines; and investment in cutting-edge Metalens technology.
Tata Electronics reportedly shipped packaged chip samples to potential customers in several countries. It is in the final stages of tape-out for chips in 28-65nm, indicating the progress the Indian national champion and front-runner in India's chipmaking indigenization made since its chip ambition.
Peter Chen, Chairperson of Qisda, stated that the company has passed the lowest ebb of operation in 2024, with growth expected to occur quarter by quarter.
Chinese mature-node foundries collaborate with the country's domestic IC design firms, including MCU businesses, to provide capacity support and offer competitive pricing, according to industry sources.
SoftBank Group Corp. is in talks to acquire Graphcore Ltd., a struggling British semiconductor startup once valued at $2.8 billion, according to people familiar with the deals.
Chinese iPhone shipments jumped about 12% in March after Apple Inc. and its retailers slashed prices, official data showed, suggesting efforts to arrest an accelerating decline in sales are yielding early results.
Ubiqconn Technology is strategically positioning itself to capitalize on the burgeoning prospects of Low-Earth Orbit (LEO) satellite development in Southeast Asia. The company underscores the region's plethora of islands, sparse rural population density, and rapid economic progress as key factors fueling the immense potential for LEO satellite ventures.
Dixon Technologies, a major EMS and ODM provider in India, is broadening its manufacturing footprint through strategic partnerships. The company has joined forces with Nokia and is reportedly in discussions to produce notebooks for HP, marking a significant expansion in its manufacturing business.
With the rapid development of intelligent connected vehicles, cars have gradually become important mobile terminals, carrying an increasing number of interconnection needs based on travel requirements. Cars are evolving into another important mobile terminal.
Intel has partnered with 14 Japan-based companies to develop manufacturing technology for IC backend manufacturing automation, which is anticipated to be commercialized by 2028, aiming to reduce reliance on labor-intensive regions in China and Southeast Asia.
Apart from Taiwan and China, Malaysia has emerged as a new semiconductor powerhouse in Southeast Asia, thanks to its competitive production costs and support from global manufacturers.
Amazon.com Inc. plans to spend US$9 billion expanding its cloud computing infrastructure in Singapore, the latest global tech company to boost investment in Southeast Asia.
