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Thursday 21 November 2024
Rohm delays SiC plant amid EV slowdown
Rohm Semiconductor is grappling with a significant slowdown in the electric vehicle (EV) market, leading to reduced semiconductor demand and an unexpected financial loss
Thursday 21 November 2024
China's influence wanes in global supercomputing rankings amid US restrictions
China's presence in the world of supercomputing has diminished significantly, according to the latest Top500 list. The number of Chinese systems on the prestigious ranking dropped to 62 from 134 in June 2023, marking a dramatic decline that coincides with the US Department of Commerce's decision to blacklist Inspur, a major Chinese supercomputer manufacturer, in March 2023
Wednesday 20 November 2024
LG Group to invest KRW1.8 trillion over five years, aiming for net zero carbon emissions by 2050
LG Group (LG) has set a target to achieve net zero carbon emissions by 2050, making it the only South Korean conglomerate to publicly announce specific carbon neutrality goals and timelines. The company plans to invest KRW1.8 trillion (approx. US$1.3 billion) over the next five years
Wednesday 20 November 2024
Xiaomi's EV push shines while challenges emerge
Xiaomi CEO Jun Lei recently announced the company's strongest-ever quarterly performance, a remarkable achievement given China's current economic climate. However, challenges are emerging for the tech giant
Wednesday 20 November 2024
Samsung reportedly to phase out MLC NAND production in 2025
Samsung Electronics will reportedly terminate its MLC NAND production by next year, shifting focus to high-capacity NAND production, according to industry sources
Wednesday 20 November 2024
China slashes export tax rebates for solar panels and lithium batteries by 30%
China's Ministry of Finance and State Taxation Administration has announced significant changes to its export tax rebate policy, effective December 1. The new policy eliminates rebates for 59 products and reduces the rebate rate from 13% to 9% for 209 items, including refined oil, solar panels, lithium batteries, and modules, vanadium redox flow batteries, and certain non-metallic mineral products. This 4% reduction represents an approximate 30% decrease in rebates
Wednesday 20 November 2024
China-based foldable pioneer Royole Technologies declares bankruptcy
Royole Technologies, a pioneer in foldable display technology and the creator of the world's first commercial foldable smartphone has declared bankruptcy. Despite its early lead and innovative products, the company struggled financially, leading to its demise
Wednesday 20 November 2024
BYD-designed, TSMC-made automotive chip rumored to involve MediaTek collaboration
Chinese EV giant BYD has unveiled its most advanced self-developed automotive chip, manufactured using a cutting-edge 4nm process. Market rumors reported that the BYD 9000 represents China's most sophisticated automotive chip to date, with manufacturing reportedly handled by TSMC. The chip's striking similarities to one of MediaTek's existing solutions have sparked speculation about a strategic partnership between BYD and MediaTek
Wednesday 20 November 2024
China's chip advances stall as US curbs hit Huawei AI product
Huawei's ambitions to create more powerful chips for AI and smartphones have hit major snags because of US sanctions, stalling a major Chinese effort to match American technology
Wednesday 20 November 2024
PC Partner relocates headquarters to avoid US export restrictions
Hong Kong-based graphics card manufacturer PC Partner has strategically relocated its headquarters to Singapore to navigate US export controls on chips to China. The company has also planned to move its graphics card production lines to Indonesia, positioning itself to launch future Nvidia GeForce RTX 5090 products while maintaining compliance with US Department of Commerce regulations
Wednesday 20 November 2024
Eternal Materials eyes cautious 2025 growth with China's short-term revenue share steady at 60%
Eternal Materials, a leading supplier of PCB upstream materials including dry film photoresists, acknowledges China's ongoing economic slowdown. Despite these challenges, spokesperson B.C. Liu confirmed the company's steady operational footing in the region. While maintaining a cautious stance on future growth, Eternal Materials anticipates moderate expansion opportunities ahead
Wednesday 20 November 2024
Huawei Mate 70 series set to launch on November 26
Huawei is set to showcase its latest flagship smartphones at the "Huawei Mate Brand Ceremony" on November 26, with pre-orders already surpassing 1.7 million units. The company has opened reservations for three models: the Mate 70, Mate 70 Pro, and Mate 70 Pro+, each available in 12GB and 16GB memory configurations across eight color options. The anticipated Mate 70 RS Ultimate Edition remains unlisted
Wednesday 20 November 2024
South Korea delays national supercomputer launch to 2026 amid AI chip shortage
South Korea's struggle to obtain AI chips has stalled its national supercomputer project, raising concerns about its ability to stay competitive in global scientific and technological advancements. With AI investments soaring worldwide, experts urge the government to bolster its support for the sector
Wednesday 20 November 2024
SK Hynix accelerates US expansion with new packaging facility, strengthens ties with TSMC, Nvidia
SK Hynix has revealed plans to establish a new company in Indiana through its third quarter 2024 business report, marking a significant step toward building a semiconductor packaging production base. The move is drawing attention to potential synergies with TSMC and Nvidia in creating a comprehensive artificial intelligence (AI) chip ecosystem in the US
Tuesday 19 November 2024
LGD expands Vietnam OLED module production with US$1 billion investment
LG Display (LGD) will invest an additional US$1 billion in Vietnam over the next five years to strengthen operations at its Haiphong OLED module factory, marking a significant step in its transition from LCD to OLED technology
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Intel signals overhaul of IDM 2.0 and foundry strategy with Lip-Bu Tan's appointment, says DIGITIMES