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NEWS TAGGED 2024
Monday 24 March 2025
Shinko Electric to delist in June, eye DNP and Mitsui Chemicals partnership on backend process materials
The Japan Innovation Network (JIC) has completed the tender offer for shares of Shinko Electric Industries, a Fujitsu subsidiary specializing in IC substrates, and the company is...
Monday 24 March 2025
Baidu, Alibaba, Tencent flex financial muscle as billions pour into AI race
China's tech titans—Baidu, Alibaba, and Tencent (collectively known as BAT)—are dramatically scaling up investments in artificial intelligence (AI) and capex, signaling...
Monday 24 March 2025
Satellite component maker UMT projects 50% revenue share for LEO components by 2025
Universal Microwave Technology (UMT) is accelerating production capacity to meet surging global demand for low-Earth orbit (LEO) satellite components, with the Taiwan-based manufacturer...
Monday 24 March 2025
Foxconn, Tata, and Dixon lead India's smartphone manufacturing momentum
India's smartphone manufacturing rose in 2024, driven by Apple and Samsung exports, with Foxconn, Tata, and Dixon Technologies significantly increasing production.
Monday 24 March 2025
Avalue forecasts growth driven by healthcare and industrial orders
Avalue anticipates improved revenue and gross margins as project orders grow. With stable growth in vertical markets like healthcare and the order shipment ratio exceeding 1, Avalue...
Monday 24 March 2025
HCL-Foxconn's OSAT venture reportedly exploring engineering and construction partner
HCL-Foxconn's OSAT venture reportedly seeks EPC partners L&T and CTCI, aiming for quick Cabinet approval, following a Foxconn senior executive's visit to India.
Monday 24 March 2025
CIP's Fengmiao project sets benchmark for Taiwan's Phase 3-1 offshore wind expansion
With Phase 2 of Taiwan's offshore wind power development progressing steadily, attention is now turning to Phase 3-1 projects. Among them, the Fengmiao Phase 1 wind farm project,...
Monday 24 March 2025
Qisda fuels pharmacy chain M&A amid convenience store-style retail takes over
Qisda is expanding its healthcare business as Taiwan's pharmacy sector shifts toward a chain-store model. Chairman Peter Chen plans to accelerate mergers and acquisitions (M&A),...
Monday 24 March 2025
Global demand for submarine cables surges as data needs surge
The number of submarine cables is increasing rapidly as global data demands grow. Cloud service providers (CSPs) are accelerating investments, with the three major US CSPs expected...
Saturday 22 March 2025
The Great Wall beyond: China's new frontier in the cosmos
China's commercial space sector is reaching for the stars, but the journey has been rockier than anticipated.
Friday 21 March 2025
Apple supplier Wingtech offloads ODM assets to Luxshare in semiconductor pivot
Luxshare Precision Industry announced on March 20 that it will acquire core assets from Wingtech Technology's consumer electronics system integration unit. The all-cash deal, executed...
Friday 21 March 2025
India's PLI scheme falls short of targets, prompting shift to factory subsidies
Since 2019, the Indian government has implemented the Production Linked Incentive (PLI) scheme for 14 industries to attract foreign investment in local manufacturing. Although it...
Friday 21 March 2025
XPeng sees robotics outpacing auto industry, plans commercial focus first
Chinese electric vehicle maker XPeng Motors believes the robotics industry will eventually surpass the automotive sector in scale, though consumer adoption may take several years...
Friday 21 March 2025
Apple reportedly seeks Wipro and LMW as India supply chain expands
Apple is reportedly advancing talks with Indian companies like Wipro and Lakshmi Machine Works (LMW) to diversify its supply chain as the company is actively expanding manufacturing...
Friday 21 March 2025
Taiwan central bank lowers 2025 growth forecast to 3.05%
Taiwan's central bank has lowered the country's economic growth outlook for 2025 to 3.05%, with the persistently strong demand for AI and other emerging technology applications continuing...