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Tuesday 22 April 2025
Hygon delivers blowout 1Q results amid surge in domestic AI, compute demand
On April 22, Hygon Information Technology, a top Chinese high-performance chipmaker, posted its first-quarter 2025 earnings, surpassing analyst forecasts. Driven by accelerating demand...
Tuesday 22 April 2025
LG Energy Solution withdraws from US$8.45 billion EV battery project in Indonesia
According to Reuters and Yonhap, South Korea's LG Energy Solution announced on April 21, 2025, that it has formally withdrawn from a major US$8.45 billion electric...
Tuesday 22 April 2025
Taiwan's machine tool industry targets China at CIMT 2025 amid tariff challenges
As the China International Machine Tool Show (CIMT 2025) commences on April 21 in Beijing, Taiwanese machine tool manufacturers are making a concerted push to secure new orders in...
Tuesday 22 April 2025
Indian smartphone market sees rare slump as shipments drop 8%
India's smartphone market experienced a rare decline due to soft demand and high inventory levels. Only modest shipment growth is expected for 2025 due to the indirect impacts of US...