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Wednesday 12 June 2024
European officials say China EV tariffs may be around 25%
The European Commission is due to notify Chinese electric-vehicle manufacturers of provisional tariff levels Wednesday and companies could face additional levies of around 25%, European...
Wednesday 12 June 2024
Leapmotor partners with Ambarella for intelligent driving technology
Leapmotor secures another partnership as it expands globally.
Wednesday 12 June 2024
Samsung reportedly halts anniversary activities for new management initiative amid operation crisis
The Samsung group reportedly has internally decided to skip all commemorative events for the anniversary of the launch of the new management initiative in 2024, which could be linked...
Wednesday 12 June 2024
China-based Royole Technologies initiates bankruptcy liquidation amid financial struggles
After months of swirling rumors about Royole Technologies' financial struggles, once touted as China's leading foldable screen manufacturer, the latest legal documentation confirms...
Wednesday 12 June 2024
Xiaomi, BYD pour CNY100 billion respectively into smart vehicle technology
BYD founder and chairman Wang Chuanfu said EVs are still gaining momentum in replacing internal combustion engine vehicles. He also announced that BYD will invest CNY100 billion (US$13...
Wednesday 12 June 2024
Chinese battery makers unfazed by US threats of sanctions
Chinese battery makers CATL and Gotion High-Tech have dismissed US congressmen's accusations that forced labor is involved in their supply chains.
Tuesday 11 June 2024
UAE Minister says US concerns over chip supplies to China valid
The United Arab Emirates believes US concerns about sensitive chip technology moving from the Middle East and into China are justified, according to a top official.
Tuesday 11 June 2024
Turkey to impose 40% tariffs on Chinese vehicles; Volvo reportedly shifts EV production to Belgium
More changes that could affect the automotive industry's dynamics have emerged ahead of the European Union's expected tariff increase.
Tuesday 11 June 2024
Asus cautiously expands make-in-India notebooks despite optimism about Indian PC market
Asus emphasized the significance of the Indian PC market and is expanding PC production in the country. Asus also urged a consistent and transparent policy.
Tuesday 11 June 2024
Mobile phone lens market growth will be flat in 2024, says Largan chairman
Leading mobile phone lens maker Largan Precision does not expect market conditions in 2024 to be better than in 2023, according to company chairman and CEO Adam Lin.
Tuesday 11 June 2024
China's mineral supremacy can influence US and the rest of the world's EV game
The US tightened the eligibility of EV incentives offered by the Inflation Reduction Act (IRA) at the beginning of 2024.
Tuesday 11 June 2024
China reports growing exports in semiconductors, implying overcapacity
Official data from the Chinese government showed that semiconductor exports from China rose at a faster pace in the first five months of the year, as the country, particularly SMIC,...
Tuesday 11 June 2024
Largan Precision confronts software misuse allegations, focuses on R&D amidst market plateau
Largan Precision is currently embroiled in legal challenges, with German software company MVTec accusing it of misappropriating optical calibration software. In response, Chairman...
Tuesday 11 June 2024
Nvidia's market cap soars over US$3 trillion, surpassing Apple to take no.2 spot globally
At the closing of the NASDAQ on June 5, Nvidia's stock price surged by 5.16%, reaching a historic high of US$1,224.4, pushing the company's total market cap past the US$3 trillion...
Tuesday 11 June 2024
Weekly news roundup: SPIL injects US$1.276 billion into Penang to build packaging, testing capacity
These are the most-read DIGITIMES Asia stories in the week of June 3 – June 7.