Indian SaaS company Zoho is reportedly planning to invest US$700 million in semiconductor manufacturing. If true, this could mark another case of an Indian company entering the semiconductor sector. In terms of funding, this investment should be in the IC backend domain.
ASML Holding NV and Taiwan Semiconductor Manufacturing Co. have ways to disable the world's most sophisticated chipmaking machines in the event that China invades Taiwan, according to people familiar with the matter.
Alibaba Group Holding Ltd. slashed prices for a clutch of artificial intelligence services by as much as 97%, spurring an immediate response from Baidu Inc. in potentially the start of a price war in China's nascent AI market.
Sony's semiconductor business, namely the Imaging & Sensing Solutions Segment primarily driven by CMOS Image Sensors (CIS), is expected to experience significant growth in the fiscal year 2024 despite a decline in operating profits in the fiscal year 2023 (April 2023 to March 2024).
India's second-largest telco, Airtel, recently announced a long-term partnership with Google Cloud. The collaboration is expected to offer cloud services and Generative AI (GenAI) products for Indian businesses.
The rivalry among China, Europe, and the US – the world's three largest EV markets – heats up as America and Europe are poised to raise tariffs on Chinese EVs. China has vowed to retaliate. The situation will likely impact Germany-based Volkswagen, BMW, and Mercedes-Benz the most.
Just over two months after announcing that they are jointly developing an extended reality (XR) headset device, it has been reported that the partnership between Meta and LG has fallen through.
OLED panels used for external screens/monitors remain dominated by the two major South Korean panel manufacturers, Samsung Display (SDC) and LG Display (LGD), becoming a new growth driver for both firms with an annual shipment growth of around 20%.
Renesas Electronics highlighted the importance of the Indian market, aiming to boost its revenue share from India from the current 5% to between 10% and 15% by 2030. The company also stated that its future acquisition deals will be US$1-2 billion, with no immediate plans for larger multi-billion-dollar acquisitions.
The time it's taking for some of China's electric car makers to pay suppliers is ballooning — a further sign of stress in the nation's increasingly cutthroat auto market.
Elon Musk inaugurated SpaceX's Starlink internet services in Indonesia on Sunday as the world's largest archipelago seeks to boost connectivity to its most remote areas.
Samsung Electronics and SK Hynix reported a surprising increase in semiconductor inventories in the first quarter, even as the memory market improved. The companies attributed the rise to accounting adjustments that reflected higher memory prices and reduced provisions in their income statements.
EDA giant Synopsys has completed the tape-out of a high-performance mobile SoC design using Samsung Electronics' 3nm GAA (Gate-All-Around) wafer foundry process. This chip is set to be used in Samsung's Galaxy smartphones in 2025.
