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Friday 12 April 2024
Network equipment makers await market recovery, as high inflation impacts consumer spending
As consumer spending remains low amid high inflation in Europe and the US, network equipment makers have seen expectations for the first quarter of 2024 dashed, as demand from Europe...
Friday 12 April 2024
Volkswagen invests EUR2.5 billion in China to boost innovation, jointly-built EVs with Xpeng
Volkswagen committed to a new investment in China. The carmaker said on April 11 that it will invest EUR2.5 billion (US$2.67 billion) in its Hefei site to facilitate innovation and...
Friday 12 April 2024
Intel goal to have half of global advanced chip production in the US and Europe...depends on Asia
As the US seeks to increase its share of production capacity, inviting Asian companies to invest and expand in the US, shifting new wafer fab projects from the Asian continent to...
Friday 12 April 2024
Panasonic, Indian Oil to storm Indian EV market with battery joint venture
Panasonic making inroads into the automotive battery market.
Friday 12 April 2024
Chinese budget smartphone brands compete in AI
Chinese handset brands such as Redmi, Nubia, and OnePlus are all rushing to introduce AI smartphones.
Thursday 11 April 2024
Global semiconductor equipment billings slip in 2023, says SEMI
Worldwide sales of semiconductor manufacturing equipment edged down 1.3% to US$106.3 billion in 2023, from an all-time high of US$107.6 billion in 2022, according to SEMI.
Thursday 11 April 2024
China-based mobile phone brands scale back in India amid intensified scrutiny
Dixon announced the acquisition of a controlling interest in the Indian subsidiary of Transsion Holdings, a China-based company.
Thursday 11 April 2024
China's home appliance giant scales EV capabilities as agreement with Nio secured
Chinese home appliance manufacturer Midea Group signed a strategic partnership with EV company Nio to develop EV components and other technology.
Thursday 11 April 2024
Choosing the lesser of two evils: EU's probes on Chinese EV, solar panels
Following an anti-subsidy investigation on China-made EVs launched in 2023, the European Union is reportedly considering resuming the anti-dumping and anti-subsidy probes on Chinese...
Thursday 11 April 2024
PC and console gaming market stagnates as playtime reduces and consolidates on a few older titles
PC and console gaming revenue growth continues to stagnate and remain below pre-pandemic levels as players record fewer hours of playtime and have consolidated said playtime into...
Thursday 11 April 2024
Notebook brands feel even tighter squeeze
Stagnation in the PC market in the first quarter of 2024 has reached levels so high that no positive momentum is expected into the second quarter.
Thursday 11 April 2024
ASML to turn a new page as Co-Presidents pass the baton
Coinciding with ASML's 40th anniversary, Martin van den Brink and Peter Wennink, Co-Presidents of Dutch semiconductor equipment manufacturer ASML, are set to retire in...
Thursday 11 April 2024
What is behind SK Group's reported decision to merge its battery, lubricant arms?
SK Group is reportedly planning to merge its battery company, SK On, and lubricant subsidiary, SK Enmove, to proceed with turning SK On into a publicly traded business. The news came...
Thursday 11 April 2024
PCB market to boom later this year, says TPCA chair
Taiwan's PCB and IC substrate market will first stagnate before seeing a sharp increase in 2024, according to Maurice Lee, chairman of the Taiwan Printed Circuit Association (TPCA)...
Thursday 11 April 2024
Tesla's FSD endeavor faces obstacles in China
Opinions diverge on whether Tesla's vehicles with Full Self-Driving (FSD) capabilities will enter the Chinese market this summer as planned.