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NEWS TAGGED 2024
Friday 29 November 2024
Xiaomi's financial strength positions it to disrupt China's fiercely competitive EV market
The Chinese electric vehicle (EV) industry is characterized by intense competition as numerous automakers aim to achieve profitability in the face of increasing sales. Xiaomi, with...
Friday 29 November 2024
China's dominance in LCD market leads to inflated procurement costs for Samsung and LG
China's dominance in the LCD panel and TV manufacturing sectors is driving up procurement costs for South Korean giants Samsung Electronics and LG Electronics. Additionally, China's...
Friday 29 November 2024
Japan doubles down on semiconductor subsidies, Rapidus poised for more support
The Japanese government is preparing a budget amendment for fiscal year 2024 (April 2024 – March 2025) to allocate additional support for the semiconductor and AI sectors, with...
Friday 29 November 2024
China's semiconductor industry makes significant strides, putting pressure on South Korean firms
China's largest foundry operator, SMIC, surpassed the US$2 billion revenue mark for the first time in the third quarter of 2024. Meanwhile, companies like CXMT and JHICC are aggressively...
Friday 29 November 2024
LCD panel stockpiling drives TDDI chip demand for midrange phones
As inventory stockpiling of midrange and entry-level smartphone panels increases, the demand outlook for LCD TDDI chips shows promise, according to industry sources.
Friday 29 November 2024
IC distributor Zenitron expands AI product offering, strengthens China automotive presence
IC distributor Zenitron has broadened its AI product portfolio while deepening its presence in China's automotive industry.
Friday 29 November 2024
Powertip targets 20% growth in 2025 after a challenging 2024
Powertip Technology's transformation from a basic display manufacturer to a comprehensive solution provider marks a significant shift in its business model. The company has evolved...
Friday 29 November 2024
IPC maker Neousys anticipates defense sales to rise in 2025
Neousys Technology has defied the downward trend in the industrial PC (IPC) industry in 2024, achieving solid revenues and profits through its early investments in edge AI computing...
Friday 29 November 2024
'Survival of the cheapest': NEV makers brace for 2025 price wars
The landscape of the three key new energy vehicle (NEV) markets—China, Europe, and the US—will undergo dramatic changes in 2025. Price competition is expected to continue,...
Friday 29 November 2024
Micron targets Samsung's home turf with 'on-the-spot hiring' to attract talent
Micron has intensified its recruitment efforts in South Korea, targeting university campuses with "on-the-spot hiring" initiatives. Previously focused on hiring experienced engineers...
Friday 29 November 2024
Hannstar shifts automotive focus to India, with plans of overseas production by 2026
Hannstar Display, a mid-sized panel manufacturer, is shifting its automotive development focus to India in response to geopolitical factors. Currently, automotive products represent...
Friday 29 November 2024
Taiwan accelerates geothermal vision with Nordic partnerships and 1 GW target
As Taiwan advances its untapped geothermal potential, experts are turning to Nordic countries for inspiration. At the Nordic-Taiwan Sustainable Energy Forum 2024, industry leaders...
Friday 29 November 2024
TeamGroup sees high-end memory demand pick up in 1Q25
Memory module maker TeamGroup anticipates heightened demand for high-end memory products in the first quarter of 2025, with low-end memory demand expected to follow suit in the second...
Friday 29 November 2024
Likelihood of widespread OLED TV adoption is decreasing, says TCL exec
South Korean companies have increasingly focused on OLED technology to differentiate themselves from Chinese competitors in the television market. However, recent comments from Jun...
Friday 29 November 2024
India to double 5G subscription by 2030
A recent Ericsson Mobility Report published on November 26 indicates that 5G subscriptions in India, Bhutan, and Nepal will surpass 270 million by the end of 2024, accounting for...