SK Hynix will announce its financial results for the third quarter of 2024 on October 24. During its previous earnings call, the company indicated that shipments of its HBM3E products would account for over 50% of total high bandwidth memory (HBM) shipments in 2024. The upcoming earnings call will provide insights into the large-scale production and shipment volume of the 12-layer HBM3E and when they are expected to surpass the 8-layer HBM3E products
Zomato's second-quarter financial results surpassed market expectations, driven by robust revenue growth across segments and improved profitability. However, analysts warn that the company's aggressive expansion plans and quick commerce investments could pressure margins in coming quarters
Following ASML's report of declining net bookings and anticipated lower revenue from China, Lam Research refrained from providing updated guidance for its fiscal year. The company noted that its Chinese revenue is expected to fall and identified advanced manufacturing and packaging as its primary growth drivers
GeChi Compound Semiconductor (GCCS), a silicon carbide (SiC) crystal growth company, held an opening ceremony for its new Zhongli plant in Taoyuan, northern Taiwan on October 23. The new facility is anticipated to achieve full production in the fourth quarter of 2024
India-based electronics manufacturer VVDN, known for producing servers and notebooks for global brands, is now expanding into smartphone manufacturing. The company aims to develop products for a U.S.-based brand, marking a significant expansion of its manufacturing capabilities and product offerings
While the global smartphone market continues to grapple with excess inventories, smartphone shipments in India grew by 9% compared to the same period last year. However, the industry still faces challenges related to inflation and weak demand
The demand for semiconductor talent in Japan is increasing, especially in Kyushu, where TSMC is establishing wafer fabs, and in Hokkaido, where Rapidus plans to mass-produce 2nm chips. As a result, there are more collaborations between the government, industry, and academic institutions to quickly develop the required talent
The "crisis theory" surrounding Samsung Electronics has recently garnered widespread attention across various sectors in South Korea. The predicament faced by the country's largest conglomerate not only threatens the company itself but could also impact society, industry, employment, and tax revenues as a whole nation
At the 2024 vivo Developer Conference, Vivo unveiled a new AI strategy, introducing a new 3 billion parameter terminal large model called 3B. This model enables features like call summaries, document outlines, intent understanding, and local knowledge graphs to operate effectively on terminals
Rising AI startup MiniMax has launched mobile-focused AI products, attracting major Chinese smartphone manufacturers including Oppo, Xiaomi, and Honor as clients for its foundational AI large models
Tesla has demonstrated its high-level autonomous unmanned vehicles, the Cybercab robotaxi and the Robovan passenger/cargo van, at an event. It also unveiled the Optimus robot at the same event held on October 10
The pace of conventional automakers in Europe and the US adopting automotive electronic and electrical architectures (EEA) lags behind that of emerging automakers like Tesla and Chinese manufacturers. This is heaping pressure on their tier-1 suppliers
Jensen Huang, Nvidia's CEO, is scheduled to hold the Nvidia AI Summit India from October 23 to 25, marking his second visit to the country in about 13 months. This visit aims to capitalize on India's rapidly growing AI business opportunities, especially as Nvidia faces challenges in seizing opportunities in China due to escalating US-China geopolitical tensions
The Philippines is trying to enlist Taiwanese chip giants in an effort to expand in semiconductors, a bid to catch up with its neighbors who are emerging as significant suppliers in the industry
Powerchip Semiconductor Manufacturing Corp. (PSMC) chairman Frank Huang responded on October 21 to accusations from SBI Holdings chairman Yoshitaka Kitao that the Powerchip Group lacked integrity in their joint effort to build a semiconductor plant in Japan. Kitao's comments, posted on Facebook, came after the collaboration project between the two companies fell through
In the first half of 2024, aggressive stockpiling by terminal manufacturers led to an early depletion of demand, resulting in a lackluster peak season for the display panel industry. This downturn significantly impacted Taiwanese polarizer suppliers, such as BenQ Materials and Cheng Mei Materials Technology, which reported revenue declines due to sluggish market conditions
