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NEWS TAGGED 2024
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...
Friday 21 March 2025
Xiaomi's ambitious plans for 2025: Challenging Apple and Tesla
Xiaomi is undergoing a remarkable transformation, with 2025 set to be a pivotal year as it aims to challenge industry giants Apple and Tesla in both the smartphone and electric vehicle...
Friday 21 March 2025
J&V Energy expands overseas; expects three years of rapid growth in four main sectors
J&V Energy Technology (J&V) held its earnings call on March 20. Shu-Min Chao, CEO of J&V, showed optimism for steady quarterly revenue growth across its four core business...
Friday 21 March 2025
Huawei's US$119B boom: Enterprise business takes the lead in 2024
Huawei hosted the Huawei China Partner Conference 2025 at the Shenzhen Convention and Exhibition Center, bringing together industry leaders and business partners under the theme "Born...
Thursday 20 March 2025
Hyundai's Taiwan distributor aims for record 2025 sales with 3-pronged tech strategy
Nanyang Industries, a subsidiary of Sanyang Motor and the exclusive distributor of Hyundai Motor in Taiwan, is preparing to expand its product lineup and implement a three-pronged...
Thursday 20 March 2025
Korean DDI supplier LX Semicon sees over 50% of sales from China due to strong demand from BOE
South Korean IC design house LX Semicon saw more than 50% of its 2024 revenue come from the Chinese market because of increased shipments to panel maker BOE Technology.