MIH Consortium, an open EV platform initiated by Foxconn, announced on March 30 that Jun Seki, Foxconn's chief strategy officer for EVs, will become its new CEO starting April 1. Jack Cheng, MIH's previous head, said he will lead the startup M Mobility from now on
Despite intensifying US sanctions, Huawei tried to prove it could navigate challenges and make progress by recording a surge in profit in 2023 in addition to a widening ecosystem and technological breakthroughs
South Korea's output of semiconductors jumped the most in 14 years in February in an indication of ongoing recovery in the country's most important industrial sector and global tech demand
China-based MCU and NOR flash provider GigaDevice plans to participate in Changxin Memory Technologies' (CXMT) latest capital increase, citing the increasing demand for DRAMs in China
Amid export restrictions imposed by the US and its allies and a move to indigenization, lithography equipment exports to China slowed in the first two months of 2024
SK Hynix is expanding the High Bandwidth Memory (HBM) contribution to its DRAM revenues and expects a deepening effect of the customization trend of HBM
Chinese customs statistics indicate that Electric Vehicle (EV) exports from China to Europe and the US decreased by 20% and over 40%, respectively, year-on-year during the first two months of 2024
SMIC reported its financial results for 2023, and due to the industrial downturn, sales and profit declined for the reporting period. SMIC plans to navigate 2024 steadily and stably
SEMICON China 2024, which was held in Shanghai on March 20-22, attracted many Japanese semiconductor equipment manufacturers to showcase their front-end and backend mature node process equipment. Quite a few are related to power semiconductors
