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NEWS TAGGED 2021
Wednesday 8 January 2025
Kyocera to divest US$1.27 billion in non-core business amid 3-year profit decline
Kyocera, a leading Japanese electronic components manufacturer, plans to divest 10% of its consolidated revenue, valued at approximately JPY200 billion (US$1.27 billion), by the end...
Wednesday 8 January 2025
Anthropic in talks to raise funding at US$60 billion value
OpenAI rival Anthropic is in advanced talks to raise $2 billion in a funding round that would value the startup at $60 billion, according to two people familiar with the matter.
Tuesday 7 January 2025
Tencent addresses US Department of Defense blacklist inclusion amid market fallout
The US Department of Defense (DoD) has classified Tencent Holdings and other Chinese companies as "Chinese military companies operating in the United States." According to a federal...
Friday 3 January 2025
Humanoid robots race heats up as Tesla, Huawei eye 2025 production
Tesla's ambitious humanoid robots initiative, first unveiled during its AI Day in 2021, is approaching a crucial milestone. Elon Musk's Optimus robot, designed to handle mundane,...
Tuesday 31 December 2024
Samsung awards DS division with bonuses of up to 16% in 2024
Samsung Electronics has reportedly announced the distribution of Overall Performance Incentives (OPI) across its departments. The Device Solutions (DS) division, finally turning a...
Friday 27 December 2024
China leads SiC patent surge, but global impact remains limited
The electric vehicle boom has accelerated Silicon Carbide (SiC) technology development, with Chinese firms emerging as significant contributors. A report from French research firm...
Wednesday 25 December 2024
China's top IDMs face headwinds amid SiC sector uncertainty
China's leading power semiconductor IDMs are making headlines as industry pressures mount: Hangzhou Silan Microelectronics has postponed two major projects, while Beijing Century...
Wednesday 18 December 2024
AMEC, IDG Capital removed from US military blacklist
On December 17, 2024, the US Department of Defense (DoD) confirmed the removal of Advanced Micro-Fabrication Equipment Inc. (AMEC) and IDG Capital from its Chinese Military Companies...
Friday 13 December 2024
Baidu-backed Jiyue Auto hits a wall: CEO admits challenges amid crisis
Jiyue Auto, the automotive startup co-founded by Baidu and Geely, is on the brink of collapse. CEO Joe Xia, in a letter to employees dated December 11, admitted the company faces...
Tuesday 3 December 2024
Chinese AI company Megvii cancels IPO on STAR market
Megvii Technology, one of China's original "AI Elite Four" which specializes in computer vision and deep learning, announced its application for an initial public offering (IPO) on...
Friday 29 November 2024
Qualcomm-Intel deal speculation fizzles out
Qualcomm is unlikely to pursue any transactions with Intel, a decision that aligns with industry expectations. Sources close to the semiconductor supply chain suggest Qualcomm never...
Thursday 28 November 2024
Qualcomm, MediaTek's diverging paths after years of rivalry
During a recent investor conference in New York, Qualcomm CEO Cristiano Amon emphasized that since 2021, the company has been actively expanding beyond mobile phones. The company's...
Tuesday 26 November 2024
Thailand's PTT to reduce stake in joint venture with Foxconn
Thailand's state-controlled energy conglomerate PTT has announced that due to fierce competition in the EV market resulting in a price war, the group will lower its stake in the joint...
Wednesday 20 November 2024
Indian antitrust regulator fines Meta for anti-competitive practices
The Competition Commission of India (CCI) imposed a substantial fine of INR2.13 billion (approx. US$25.3 million) on Meta, the parent company of WhatsApp, citing the abuse of its...
Monday 18 November 2024
Moore Threads initiates A-share IPO process with a valuation of approximately CNY25 billion
According to an announcement on the China Securities Regulatory Commission's (CSRC) official website, Chinese GPU manufacturer Moore Threads completed registration with the Beijing...