Taiwan-based CWTC's board has approved several key resolutions, including the third-quarter 2024 profit distribution plan and a US$20 million cash capital increase for its Malaysian subsidiary, aimed at supporting production capacity expansion
Huawei's HarmonyOS is encountering significant hurdles in its path to successful commercialization. However, since its launch, Huawei has integrated the digital yuan into HarmonyOS, reflecting a departure from traditional commercialization strategies
Kioxia has officially inaugurated its second building (K2) and a new management office at its Kitakami factory in Iwate Prefecture. While navigating through industry headwinds, the company maintains an optimistic outlook on growth prospects, particularly in the AI sector
India's Sahasra Semiconductor has strengthened its leadership team by appointing expatriate executive Jerry Enriquez as head of a new business unit, part of the company's strategy to tap into global talent for advancing innovation and growth in the fast-evolving semiconductor industry
Amid US export curbs, Chinese tech giant Huawei is allegedly offering triple salaries to entice Taiwanese semiconductor engineers, particularly those from TSMC, to join its ranks
Toyota's major automotive component suppliers have revised their financial guidance downward for the fiscal year ending in March, according to their latest financial results
The US currently holds a technological advantage in the field of AI, but China has considerable potential to catch up, especially in the application sector, according to Kai-Fu Lee, former head of Google China
Donald Trump's potential return to the White House has done little to dispel Beijing's anxiety about the direction of US policies concerning China. The next Trump administration's policies are likely to follow the country's mainstream opinion that favors an even higher and wider trade barrier against China
Japan's component manufacturer Kyocera Corporation is experiencing a downturn in its semiconductor organic packaging materials business. Current demand has not met previous forecasts, and recovery will take time
LG Electronics has expanded the scope of its R&D base in Vietnam for the second time. Having committed to establishing a comprehensive business system in Southeast Asia, their R&D expansion efforts include the active recruitment and training of local talent
According to Bloomberg, the Times of India, and Hindu BusinessLine, Muralikrishnan B, president of Xiaomi's Indian operations, announced he will resign at the end of 2024 after six years with the company. He will continue with Xiaomi as an independent strategic adviser
Formula 1 has long been the arena for world-renowned racing teams and drivers. Now, with the rise of AI and cutting-edge technologies, it has also become a major battleground for tech giants like Lenovo, racing to lead in AI-powered solutions
Datang has initiated legal proceedings against Unisoc, seeking damages of CNY680.5 million (approx. US$95.8 million) over the latter's alleged failure to honor a payment agreement for a joint technology development project
While Apple anticipates a slight slowdown in revenue growth for the fourth quarter, industry analysts are optimistic that the Single's Day e-commerce promotion, along with price cuts from various vendors, generative AI (GenAI) applications, and the traditional peak sales season, will collectively give smartphone sales a positive boost
Southeast Asia's internet economy will log its slowest growth on record this year, a group of researchers said, underscoring weakness in consumer demand and a push to show profits instead of revenue gains
