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NEWS TAGGED 2024
Thursday 28 November 2024
China smartphone market, 3Q 2024

Introduction

Thursday 28 November 2024
AI smartphone features fall short as consumers prioritize practicality
In 2024, AI smartphones remain a central focus for major brands and chipmakers, aimed at advancing AI to create all-in-one mobile assistants and revolutionize human-device interaction...
Thursday 28 November 2024
Leader New Energy advances 140 MW E-dReg ventures
Leader Electronics' subsidiary, Leader New Energy, plans to kick off construction on a 40-megawatt (MW) E-dReg project by late 2024. Meanwhile, a 99.9 MW E-dReg energy storage project...
Thursday 28 November 2024
Robust AI server demand to drive Wistron's triple-digit revenue rise
Wistron anticipates reporting a three-digit percentage increase in its AI server sales for 2024, followed by another substantial three-digit growth in 2025, driven by robust market...
Thursday 28 November 2024
Topco anticipates rising demand for AI servers but a bleak automotive outlook
Topco Technologies, which distributes silicone and other chemical materials, is optimistic about demand for AI servers, but the outlook for the automotive sector is bleak.
Thursday 28 November 2024
Wah Hong seeks to take lead in coating technologies with vehicles serving as main driver
Advanced material provider Wah Hong is developing packaging and materials for Micro LED and Mini LED technologies with prices ranging from US$200 to US$300 per square meter. Company...
Thursday 28 November 2024
Funding cuts, layoffs, and reorganization common in China's competitive chip industry
In 2024, major Chinese semiconductor businesses continue to announce closures or severe layoffs, according to industry sources. Xiangdixian Computing Technology, commonly referred...
Thursday 28 November 2024
Onsemi targets China's automotive and energy storage growth
Onsemi's leadership has been increasing its presence in China recently. After Felicity Carson, SVP of global operations at Onsemi, attended PCIM Asia 2024 in Shenzhen at the end of...
Thursday 28 November 2024
Nvidia's Green500 lead wavers as Chinese supercomputer lags with over-reliance on older chips
Due to restrictions on accessing Nvidia's most advanced GPUs, China's top 500 supercomputing systems rely exclusively on earlier-generation Nvidia accelerators, according to data...
Thursday 28 November 2024
Foxconn reportedly secures land in Tamil Nadu for new battery plant
Foxconn has reportedly secured 200 acres of land in Tamil Nadu for a battery manufacturing plant, aligning with the company's strategic focus on AI and EV as growth engines.
Wednesday 27 November 2024
Hisense, TCL shake up 3Q24 premium TV market share rankings
Samsung Electronics maintained its leadership in the global premium TV market during the third quarter of 2024, despite a notable decline from the same period in 2023. Conversely,...
Wednesday 27 November 2024
China's 4S dealerships face mass closures amid price wars and EV surge
China's 4S dealership model, once a cash cow in the early 2000s, is unraveling under mounting pressure. The sector, which peaked around 2017, has been hit hard by fierce price wars...
Wednesday 27 November 2024
China's auto semiconductor growth driven by electrification and smart tech
Global IDM leader Onsemi announced a cautious outlook for the semiconductor market in its third-quarter 2024 financial report. CEO Hassane El-Khoury tempered expectations for 2025...
Wednesday 27 November 2024
AI agents poised to redefine industries with rapid adoption
The AI agent market is witnessing explosive growth as leading players, including Microsoft, Apple, Zhipu, and Huawei, race to solidify their positions. At the Baidu World 2024 conference,...
Wednesday 27 November 2024
India PC market on recovery path despite slight shipment growth in 3Q24
As India entered its annual festive season, PC shipments experienced slight growth despite a weak consumer market. Acer achieved double-digit growth, driven by strong demand from...