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NEWS TAGGED BUSINESS
Thursday 3 October 2024
Microsoft's custom chip sets new industry benchmark while deepening AI partnerships across sectors
As Microsoft transitions from a software giant to a cloud leader, with its cloud business now accounting for 40% of its revenue, a senior executive emphasized the company's expanding...
Thursday 3 October 2024
Foxconn unveils new EV models, eyes opportunities amid industry turbulence
Foxconn is set to host its fifth annual Hon Hai Tech Day on October 8-9, where it will showcase its latest electric vehicle (EV) developments. At a pre-event press conference on October...
Thursday 3 October 2024
Samsung reportedly shuts down equipment to cut losses amid foundry overcapacity crisis
Samsung Electronics is grappling with a foundry overcapacity crisis, despite its strategy of building capacity ahead of demand. According to reports from Chosun Biz and Bloomberg,...
Thursday 3 October 2024
LGD sells Guangzhou LCD plant for US$1.54 billion, shifts focus to OLED
LG Display (LGD) has sold its LCD plant in Guangzhou, China for approximately US$1.54 billion, a strategic move critical to the company's pivot towards OLED production. This sale,...
Wednesday 2 October 2024
Arm expresses interest in Intel's product division despite x86 rivalry
Reports suggest that in addition to Qualcomm, Arm has expressed interest in acquiring Intel's product division. However, public speculation indicates that due to the deep-rooted rivalry...
Tuesday 1 October 2024
India-based L&T Semicon anticipates mass production of its first chip within two years
India-based IC design startup L&T Semiconductor Technologies revealed it's developing 15 products, which will be mass-produced in two years and will start the chipmaking business...
Tuesday 1 October 2024
Intel's path to reinvention: can the once-dominant chipmaker regain its industry leadership?
Once the undisputed leader in the semiconductor industry, Intel is now facing a monumental struggle for survival. The company's fall from grace has been marked by missteps in strategy,...
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
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
Taiwan automotive suppliers maintain optimism for 4Q24
With stable sales of gasoline and hybrid vehicles throughout the year, the impact of slowing electric vehicle growth has been mitigated. Most automotive component suppliers maintain...
Monday 30 September 2024
StarLux Airlines: Taiwan's untapped potential as Asia-Pacific transit hub gains traction amid global shifts
StarLux Airlines chairman Kuo-Wei Chang stated that with Taiwan's population of 23 million, there is little demand for a third national airline if solely catering to the domestic...
Monday 30 September 2024
Possible PMIC contract between DB HiTek and Tesla
South Korea-based 8-inch foundry business, DB HiTek, is on the verge of closing a contract with Tesla to manufacture power semiconductor devices for its electric vehicles (EVs). Should...
Friday 27 September 2024
Huawei claims top spot in global wearable market in 1H24
China's Huawei Technologies has overtaken Samsung Electronics and Apple for the first time to become the world's top wearable device brand in the first half of 2024, with an accumulated...
Friday 27 September 2024
Darwin Precisions charts path for steady growth through diversification for AI PCs 2025
According to Michael Tsai, Chairman of Darwin Precisions (Darwin), the leading backlight module company, the firm is on a steady growth trajectory as it implements its new business...
Friday 27 September 2024
HD Renewable Energy eyes global electricity market opportunities
Taiwan-based HD Renewable Energy (HDRE) is setting its sights on international electricity market opportunities and merger and acquisition (M&A) agreements, with progress expected...
CHT
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research