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NEWS TAGGED 2024
Saturday 21 June 2025
GSEO signals cautious optimism under global trade uncertainty
GSEO, a key supplier of camera lenses for Apple's iPhone, addressed shareholders on June 17, 2025, with President Jones Chen and General Manager Lee Kuo offering a guarded yet forward-looking...
Friday 20 June 2025
China to inject US$19 billion in consumer subsidies as trade-in policy expands
In a continued push to stimulate domestic demand, China is set to release an additional CNY138 billion (approx. US$19 billion) in the second half of 2025 to fund subsidies for its...
Friday 20 June 2025
Yulon Nissan targets recovery with product revamp, streamlined costs
At its annual general meeting on Wednesday, Yulon Nissan Motor Co. reported consolidated revenue of NT$23.1 billion (US$780 million) and post-tax net income of NT$1.7 billion for...
Friday 20 June 2025
Soaring AI electricity demand challenges South Korea's energy policy
The rapid growth of the global generative AI industry has sharply increased electricity demand, straining national power grids and energy security worldwide. South Korea faces particular...
Friday 20 June 2025
Edimax to diversify away from China, plans European and Asian expansion
Edimax approved its fiscal year 2024 financial report and dividend distribution plan at a shareholders' meeting on the 19th. The company also authorized a private placement of common...
Friday 20 June 2025
LCD iPhone phased out as Apple's OLED procurement rate hits 100% in 1Q25
Alongside Apple and Samsung Electronics, Chinese smartphone manufacturers are accelerating the launch of OLED phones, further expanding the influence of OLED technology. Notably,...
Friday 20 June 2025
Zhaoxin eyes IPO on China’s tech board as x86 chip losses mount
Shanghai Zhaoxin Semiconductor Co., Ltd. (Zhaoxin), a key Chinese developer of domestically produced x86-compatible CPUs, has filed for an IPO on the Shanghai STAR Market, targeting...
Thursday 19 June 2025
Tong Yang Industry reports record revenue and profit in first five months of 2025
Tong Yang Industry's annual shareholders meeting on June 19 showcased its 2024 business report, noting record-high consolidated revenue and profit for the first five months of 2025...
Thursday 19 June 2025
Microsoft planning thousands more job cuts aimed at salespeople
Microsoft Corp. is planning to ax thousands of jobs, particularly in sales, as part of the company's latest move to trim its workforce amid heavy spending on artificial intelligence.
Thursday 19 June 2025
FineMat accelerates transformation as Chinese rivals intensify AMOLED metal mask competition
Taiwan-based FineMat Applied Materials held its shareholders' meeting on June 17, approving all proposals and outlining its strategic direction amid increasing competition in China's...
Thursday 19 June 2025
Smiths Interconnect announces 2024 Distributors of the Year
Smiths Interconnect, a leading provider of high-reliability connectivity products and solutions serving segments of aerospace and defense, medical, semiconductor test, and industrial...
Thursday 19 June 2025
AWS expands AI collaboration with Germany's RWE Group
Amazon Web Services (AWS), the cloud computing arm of Amazon, has announced an expansion of its partnership with RWE Group, a major German energy company. The collaboration extends...
Wednesday 18 June 2025
GSEO eyes Southeast Asia for manufacturing as lens demand rebounds in 2025
Genius Electronic Optical Co. (GSEO) convened its annual shareholders' meeting on June 17, where company leadership outlined strategic priorities and financial performance updates...
Wednesday 18 June 2025
Nittobo material price hikes exclude AI server-grade glass fabric
Japanese glass fiber supplier Nitto Boseki (Nittobo) reportedly has raised prices of its composite material products by up to 20% due to increasing costs, but the price hike does...
Wednesday 18 June 2025
Kinko Optical hits infrared milestone, sets sights on steady auto growth
Kinko Optical Co. is focusing its automotive strategy on external cameras used in ADAS and autonomous driving systems. In 2024, the company gained certification from global auto parts...