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NEWS TAGGED EAST ASIA
Wednesday 4 September 2024
SAIC Motor is under severe pressure due to weakening profits and EV tariffs
The EU's announcement of a 36.3% electric vehicle (EV) tariff on SAIC Motor has placed significant pressure on the automaker. Its revenue for the first half of 2024 was surpassed...
Wednesday 4 September 2024
China SiC substrate manufacturer swings to profit amid decreasing prices
After two consecutive years of losses, SICC, China's leading SiC substrate manufacturer, achieved profitability in the first half of 2024.
Wednesday 4 September 2024
Iris Optronics sets up first overseas subsidiary in Shanghai
Iris Optronics, a cholesteric liquid crystal display (ChLCD) technology provider, has established its first overseas subsidiary in Qingpu District, Shanghai.
Wednesday 4 September 2024
Samsung's foldable devices under pressure amid rising sales competition
Despite Samsung Electronics' high expectations for the sales performance of its newly launched foldable smartphones, the Galaxy Z Fold 6 and Flip 6, intense competition from rivals...
Tuesday 3 September 2024
Black Myth: Wukong's strong sales could alter China's gaming market
On August 20, the highly anticipated Chinese AAA single-player game "Black Myth: Wukong" was officially launched worldwide. In just three days, it sold over 10 million copies and...
Tuesday 3 September 2024
Speculation grows on HiSilicon's production capacity amid SMIC's evolving revenue trends
Huawei's HiSilicon Full-Connection Conference is scheduled for September 9 in Shenzhen, just one day before Apple's annual iPhone launch event. While the timing's intent remains unclear,...
Tuesday 3 September 2024
SK Hynix unveils world's first 6th-gen 10nm-class DRAM, outpacing Samsung
SK Hynix has announced the successful development of the world's first sixth-generation 10nm-class DRAM (1c DRAM), surpassing industry leader Samsung Electronics in achieving mass...
Tuesday 3 September 2024
Shenzhen seen as capital of NEVs in China
Shenzhen is regarded as China's new energy vehicle (NEV) capital. Its track record of policy promotion and the rise of BYD have cemented its position in China's new energy supply...
Tuesday 3 September 2024
Japanese semiconductor equipment makers expect reduced revenue share from China amid rising investment elsewhere and import substitution
Japanese semiconductor equipment manufacturers have experienced a significant revenue boost from China. However, with rising semiconductor investments in other markets like India,...
Monday 2 September 2024
South Korea wants US 'carrots' for embracing China chip curbs
South Korea seeks more flexibility and incentives from the US to encourage Seoul's compliance with additional curbs on advanced semiconductor exports to China that Washington is considering,...
Monday 2 September 2024
Huawei sets up Apple showdown with event hours after new iPhone
Huawei Technologies Co. is preparing to launch new products at an event mere hours after Apple Inc.'s debut for the iPhone 16, setting the stage for the two tech giants' next clash...
Monday 2 September 2024
Chinese GPU startup, potential Nvidia rival, denies bankruptcy despite organizational adjustment
Reports indicate that Xiangdixian, a China-based GPU design house considered a potential rival to Nvidia, has declared bankruptcy due to cash flow issues and has laid off nearly 400...
Monday 2 September 2024
Weekly news roundup: Kaynes secures India's paying OSAT customer; former TSMC executive set to depart Samsung
These are the most-read DIGITIMES Asia stories in the week of August 26 – August 30.
Monday 2 September 2024
LG Electronics to move beyond home appliances, eyes growth potential in B2B business
LG Electronics CEO William Cho has announced that by 2030, 52% of the company's revenue and 76% of its profits will come from the business-to-business (B2B) sector. Subscription services,...
Monday 2 September 2024
LCD TV panel market braces for extended price war as Chinese majors battle for dominance
The LCD TV panel market is grappling with challenges due to declining prices and a price war between BOE and TCL CSOT. A production cut slated for October aims to reduce inventory...