CONNECT WITH US
NEWS TAGGED 2024
Tuesday 1 October 2024
Taiwan's CHEM targets US, Japan as global energy demand rises
Chung-Hsin Electric and Machinery Manufacturing (CHEM) is witnessing substantial growth driven by aggressive capacity expansion, having acquired multiple factories to boost production...
Tuesday 1 October 2024
Excellence Opto targets double-digit growth in 2025 with Mexico plant launch
Excellence Opto. Inc. (EOI) has returned to profitability in the first half of 2024, driven by a 110% utilization rate at its Taiwan and China plants. The company is preparing for...
Tuesday 1 October 2024
Asus president Jonathan Tsang to retire in November; Ted Hsu named successor
Asus Group president Jonathan Tsang has announced his retirement, effective November 2024, with Asus vice chairman Ted Hsu set to succeed him. On 27 September, Asus employees held...
Tuesday 1 October 2024
Global 300mm fab equipment spending to hit US$400 billion from 2025 to 2027, says SEMI
Global spending on 300mm fab equipment is expected to reach a record US$400 billion from 2025 to 2027, according to SEMI. The robust spending is being driven by the regionalization...
Tuesday 1 October 2024
CSRC to build North America's largest eco-friendly carbon black plant
Michelin and Bridgestone, two of the world's leading tire makers, have pledged to incorporate 40% sustainable materials in their tires by 2030 and aim for 100% by 2050, as part of...
Tuesday 1 October 2024
Memory contract price rally to slow in 4Q24
Memory contract prices are expected to continue their rally in the fourth quarter of 2024, albeit at a slower pace, according to market sources.
Tuesday 1 October 2024
European automakers face pressure from China, Euro 7 amid weak EV sales
European electric vehicle (EV) sales suffered a weak performance in 2024. Automakers are facing great pressure from Chinese EVs and potential emission penalties.
Tuesday 1 October 2024
Android smartphone SoC suppliers gearing up for AI application boom
Android smartphone manufacturers are getting ready to launch their new flagship AI-enhanced models, with competition among key SoC suppliers expected to intensify, according to industry...
Tuesday 1 October 2024
SK Hynix advances 16-layer HBM3E to maintain market lead
SK Hynix is expediting the development of 16-layer HBM3E (High Bandwidth Memory) to reinforce its leading position in the competitive HBM market, as challenges from rivals like Samsung...
Tuesday 1 October 2024
Starlux Airlines targets Asia-Pacific hub status as AI boom fuels cargo surge, eyes 2024 October IPO
Starlux Airlines is poised to capitalize on strong global demand in passenger and cargo markets, projecting growth through 2025. The airline, which has been operating for six years,...
Tuesday 1 October 2024
Micron sees explosive AI PC growth, customers stockpile memory inventories
Micron CEO Sanjay Mehrotra recently shared insights into the AI-powered PC market from a memory provider's perspective during the company's latest earnings call. He highlighted the...
Tuesday 1 October 2024
MCU firms cautious about 4Q24 prospects
Taiwan-based MCU firms generally remain cautious about their sales prospects for the fourth quarter of 2024, primarily due to the slow recovery in demand in China, according to industry...
Tuesday 1 October 2024
China enacts subsidies to stimulate TV demand
The subsidy program implemented by the Chinese government to encourage domestic consumers to replace old TVs with new ones is anticipated to stimulate overall TV demand in the fourth...
Tuesday 1 October 2024
Soft launch of Energy Taiwan 2024 highlights solar and energy storage supply chain
The 2024 Energy Taiwan and Net-Zero Taiwan Exhibitions are kicking off on October 2. A pre-event press conference was held on September 30, featuring companies such as TSEC, Formosa...
Tuesday 1 October 2024
Foxconn to continue growth in 4Q24, buoyed by iPhones, AI servers
Hon Hai Technology Group (Foxconn) expects positive growth in the fourth quarter of 2024, with momentum coming primarily from Apple's iPhone 16 and strong demand for AI servers.