China's solar energy firms, which have 85% of the global market, are being hit by an unprecedented level of oversupply and encountering export challenges in the European and US markets, according to industry sources
Wanzhou Meng has resumed her role as Huawei's rotating chairwoman, further cementing her position as the company's top leader, second only to founder and CEO Zhengfei Ren. Her reappointment underscores her continued ascent within Huawei's leadership structure
Samsung Electronics is reportedly slowing down its investments following an aggressive wave of efforts bolstering its semiconductor foundry business, intended to accelerate the adoption of advanced manufacturing processes. The company, which had planned to hold in-person foundry forums overseas, has now opted to move these events online, raising concerns about its ability to attract new customers despite the cost savings
Automaker Volkswagen has announced several plans to shut down or migrate its factories, signaling a strategic adjustment for the company in the global market. In particular, this is a response to a decline in demand for fuel vehicles and the rapidly growing competition pressure from Chinese electric vehicles (EVs)
Sumitomo Metal Mining has unveiled plans to significantly increase its production of SiC wafers. The company's subsidiary, Sicoxs, will establish a new production line in Japan to meet the growing demand for SiC wafers, particularly in the electric vehicle (EV) market
LG Display (LGD) is expected to report losses in the third quarter of 2024, driven by sluggish IT OLED sales, rising raw material costs, and the depreciation of the Korean won against the US dollar. Despite these challenges, the company anticipates an improvement in its fourth-quarter performance as it enhances operational efficiency and begins shipping OLED panels for the iPhone 16 series
The patent infringement trial between Huawei and MediaTek is set to officially commence after China's Golden Week, no earlier than October 25, 2024. The patent at the center of the dispute primarily involves 4G/LTE technology
Huawei CFO Wanzhou Meng has resumed her position as rotating chairperson under the company's leadership system, beginning her six-month term on October 1, 2024, which will run until March 31, 2025. This marks her second term in Huawei's top leadership role, where she will oversee both the Board of Directors and the Executive Committee
Cultural sensitivity has not always been a strength of Taiwanese businesses, potentially straining Taiwan-Japan relations as Taiwan's semiconductor ventures expand overseas without fully considering local communities' perspectives
South Korea's export momentum stayed robust in September on the back of continued demand for semiconductors, keeping the outlook upbeat for economic growth and offering positive signs for global commerce and the tech cycle
SK Hynix recently spotlighted its high-bandwidth memory (HBM) technologies with great emphasis on its collaboration with Nvidia during its participation in TSMC's Open Innovation Platform (OIP) Ecosystem Forum
Fujifilm plans to strengthen its semiconductor materials capabilities with an investment of JPY 20 billion (US$ 140 million) to build facilities in Shizuoka and Oita, focusing on materials for sub-2nm chip processes, including photoresist
Chung-Hsin Electric and Machinery Manufacturing (CHEM) is witnessing substantial growth driven by aggressive capacity expansion, having acquired multiple factories to boost production by approximately 20% annually. The company is focused on the domestic Taiwanese market and is also pursuing opportunities in Japan, the US, and Southeast Asia to enhance its global presence
Global spending on 300mm fab equipment is expected to reach a record US$400 billion from 2025 to 2027, according to SEMI. The robust spending is being driven by the regionalization of semiconductor fabs and the increasing demand for artificial intelligence (AI) chips used in data centers and edge devices
Presently, the enhancement of AI chips' computing power heavily depends on advanced packaging technologies such as CoWoS and HBM, with the two technologies complementing each other
The ASEAN market, spanning multiple countries, has become a fiercely competitive battleground for numerous automotive and new energy vehicle (NEV) brands. In this landscape, BYD has continued to stand out, which can be attributed to its successful deep integration with local businesses