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NEWS TAGGED 2024
Thursday 19 December 2024
Rapidus advances 2nm chip production with AI transport system
Rapidus shared progress on its 2-nanometer (nm) chip production preparations at SEMICON Japan 2024, highlighting its innovative AI-enabled overhead transport system. The company remains...
Thursday 19 December 2024
Japanese robotics giants pivot to US amid China market slump
Japanese robotics giants Fanuc and Yaskawa Electric are realigning their development strategies toward the US market amid declining demand in China. This shift is evident in their...
Thursday 19 December 2024
Kioxia develops OCTRAM and new memory tech to reduce NAND reliance
Japanese NAND flash manufacturer Kioxia has announced plans to produce three additional types of memory, targeting next-generation products driven by artificial intelligence (AI)...
Wednesday 18 December 2024
Auto suppliers face inventory squeeze as manufacturers cut safety stocks
Global auto parts makers are grappling with a paradox: While vehicle sales continue climbing, their order books are shrinking. The culprit? A dramatic shift in inventory management...
Wednesday 18 December 2024
Zhipu AI secures US$412 million with backing from Alibaba, Tencent
Zhipu AI, a Chinese artificial intelligence unicorn specializing in large language models (LLMs), has secured CNY3 billion (US$412 million) in its latest funding round—its second...
Wednesday 18 December 2024
Wistron to open second Victory plant in Vietnam in 1Q25, eye existing facility expansion
Taiwan-based Wistron, a leading electronics manufacturer and Apple supplier is set to begin operations for its US$24.5 million investment in Ha Nam Province, Vietnam.
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...
Wednesday 18 December 2024
Cub Elecparts eye 2025 revenue surge
Taiwanese automotive electric firm Cub Elecparts expects 2024 profits to match last year's figures, while forecasting substantial growth in 2025 driven by its electronics and tire...
Wednesday 18 December 2024
Foxconn reportedly considers major investment in Nissan as Honda-Nissan merger talks go on
Foxconn is reportedly eyeing a significant investment in Nissan Motor with aspirations to take over the company's operations, potentially accelerating ongoing merger discussions between...
Wednesday 18 December 2024
SoftBank CEO pledges US$100 billion AI investment with Trump
US President-elect Donald Trump and SoftBank chairman and CEO Masayoshi Son jointly announced that SoftBank will invest a total of US$100 billion in areas including AI over the next...
Wednesday 18 December 2024
Honda and Nissan in talks for potential merger amid heated EV competition
In a strategic move to consolidate resources against mounting competition in the electric vehicle market, Honda and Nissan have begun discussions about a possible merger, which would...
Wednesday 18 December 2024
Onsemi's dual focus on automotive electrification and AI data centers sharpens with China push
Amid shifting dynamics in the power semiconductor market, Onsemi is leveraging China as a key growth driver for its dual focus on automotive electrification and AI data centers. Celebrating...
Wednesday 18 December 2024
Mature manufacturing process prices expected to dip in 2025
Industry sources indicate that prices for mature semiconductor manufacturing process tape-outs will likely decrease in 2025, primarily driven by higher tape-out demand from integrated...
Wednesday 18 December 2024
Taiwan's triple threat in renewable energy: solar dumping, wind failure, and geothermal concerns
The Taiwan government's unclear position on renewable energy manufacturing has triggered a "race to the bottom" across its clean energy sectors in 2024. The recent controversy over...
Wednesday 18 December 2024
Chinese manufacturers stockpile South Korean components ahead of Trump 2.0
Despite continued weak demand for South Korean displays and components in 2024, an unexpected recovery has emerged near year-end. Analysts interpret this trend as a response to the...