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Friday 24 January 2025
EMS Watch: Chinese firms surpass Taiwanese rivals in top EMS/ODM rankings
According to a DIGITIMES survey, the global EMS/ODM industry is becoming increasingly important due to the relocation of global supply chains. However, their 2024 revenues...
Friday 24 January 2025
India roundup: local EMS and semiconductor stars emerging
With India dedicating substantial incentives to bolster its local electronics supply chain, the country is witnessing the rise of new domestic companies within the semiconductor and...
Friday 24 January 2025
BYD expands Southeast Asian presence through Grab partnership
BYD has formed a strategic partnership with Grab, Southeast Asia's leading ride-hailing platform, to offer discounted rates on up to 50,000 EVs for fleets and drivers. The collaboration...
Thursday 23 January 2025
SK Hynix hits record 2024 revenue on AI memory surge
SK Hynix posted record revenue of KRW66.2 trillion (US$46.3 billion) in 2024, with an operating profit of KRW23.5 trillion, yielding a 35% margin. Net income reached KRW19.8 trilli...
Thursday 23 January 2025
Logic IC packaging house Greatek sees better than expected 4Q24 revenue
With customers advancing their orders in anticipation of President Trump's upcoming trade policies, Greatek Electronics, a Powertech Technology (PTI) Group company specializing in...
Thursday 23 January 2025
Xiaomi and BYD challenge Tesla's dominance in China
Xiaomi recently announced that the Xiaomi SU7 had surpassed the Tesla Model 3 in terms of vehicle deliveries in December 2024, thereby achieving a position among the top 5 in China's...
Thursday 23 January 2025
Trump to push hard on ASML export controls, Dutch Premier says
The Netherlands expects President Donald Trump to keep pressing to restrict ASML Holding NV's exports of chip-making machines to China, according to Dutch Prime Minister Dick Schoo...
Thursday 23 January 2025
EU, US automakers pivot from EV-only plans as demand cools
Amid cooling electric vehicle demand throughout 2024, European and American automakers are revising their strategies for 2025, moving away from an all-EV approach toward flexible...
Wednesday 22 January 2025
Trump 2.0 has led to accelerated sales of US electric vehicles
During his campaign, Donald Trump announced the removal of the US$7,500 tax credit for consumers purchasing electric vehicles (EVs) under the Inflation Reduction Act (IRA). As a result,...
Wednesday 22 January 2025
Jian Li takes over Honor, leveraging R&D and sales experience from Huawei
On January 17, it was officially announced that George Zhao would step down as CEO of Honor. Reportedly, the newly appointed CEO Jian Li is a veteran of Huawei, known for his deep...
Wednesday 22 January 2025
Switch 2 launching in 1H25: IC supply chain gears up despite off-season
Nintendo's recent official announcement of the Switch 2 console launch in the first half of 2025 has generated significant excitement among gamers. Consumer feedback indicates strong...
Wednesday 22 January 2025
EU to raise Biden's AI chip curbs with Trump administration
The European Union will raise concerns with the US over a decision to restrict the export of artificial intelligence chips from the likes of Nvidia to some of its
member states,...
Wednesday 22 January 2025
Foxconn geared up for AI applications and regional manufacturing in 2025
Foxconn Group (Hon Hai) is positioning itself for expanded AI applications and regionalized production in 2025, with projections to surpass NT$7 trillion (US$214.38 billion) in annual...
Tuesday 21 January 2025
Dixon doubles mobile phone manufacturing sales, sets sights on 8.6G display fab pending India's semiconductor incentive
India-based EMS supplier Dixon Technologies reported significant increases in sales and profit over the past quarter, driven by a doubling in mobile phone manufacturing sales following...
Tuesday 21 January 2025
AI drives revenue growth for major electronics ODMs in 2024
Major Taiwan-based ODMs including Hon Hai (Foxconn), Quanta, Wistron, and Inventec enjoyed record-high sales in 2024, buoyed by robust AI server sales, while revenue at Pegatron and...