CONNECT WITH US
NEWS TAGGED BUSINESS
Thursday 25 July 2024
Taiwan leverages ICT to power sports technology revolution
Taiwan's National Science and Technology Council (NSTC) is betting big on sports technology as a key driver of economic growth. The council aims to cultivate a robust industry capable...
Thursday 25 July 2024
Foxconn steps up investment in China
Under the current geopolitical climate, the trend toward localized production is set to continue for some time. Yet Hon Hai Precision (Foxconn) is seemingly bucking the trend, instead...
Wednesday 24 July 2024
SK Group megamerger to reshape Asia's energy landscape
SK Group, one of South Korea's largest conglomerates, is on the cusp of a monumental transformation. As the merger between SK Innovation (SKI) and SK E&S reaches its final phase,...
Wednesday 24 July 2024
IC packaging will be more important than foundry, says YMTC chairman
Chen Nanxiang, chairman of Chinese memory company Yangtze Memory Technology Corp (YMTC), recently said during an interview with China Global Television Network (CGTN) that he expects...
Wednesday 24 July 2024
Intel Foundry faces hurdles in European expansion and performance struggles
Intel has confirmed that part of its European investment project has been shelved due to economic reasons, highlighting the chipmaker's challenges in its foundry business, which relies...
Wednesday 24 July 2024
PTI engaged in FOPLP, seeking collaboration
Powertech Technology (PTI) is currently developing fan-out panel-level packaging (FOPLP) and seeking collaboration with fabless chip vendors, according to the Taiwan-based memory...
Wednesday 24 July 2024
Sharp acquires communication patents from Foxconn subsidiary to boost wireless tech portfolio
Sharp has made a strategic move to enhance its mobile device wireless communication technology by acquiring communication patents from Foxconn. This acquisition aims to strengthen...
Wednesday 24 July 2024
Poor results from NXP raise doubt on 2H24 car chip demand
Disappointing results from NXP Semiconductors in its latest financial report may indicate that car manufacturers are becoming more conservative and the development of battery electric...
Tuesday 23 July 2024
IC industry hopes for turnaround in 2H24 amid new AI PC solutions
When will AI PC dividends start to pay off for the chip industry? This question has been closely followed by many in the industry during the first half of 2024. The launch of Copilot+PC,...
Tuesday 23 July 2024
NXP disappointing results imply slowing automotive demand
NXP's latest financial results indicate that the company continues to navigate the industry downturn, presenting a third-quarter outlook that falls below expectations. These disappointing...
Tuesday 23 July 2024
Trump's protectionist remarks threaten the global chip boom amid AI surge
US presidential candidate Donald Trump's comments accusing Taiwan's chip industry of stealing American business and demanding protection fees have cast a shadow over the booming global...
Monday 22 July 2024
Advantest Taiwan opens new HQ amid surging AI chip demand
Advantest Taiwan recently opened its new headquarters at the Tai Yuen Hi-Tech Industrial Park in Chubei, northern Taiwan. According to Alex Wu, president and CEO of Advantest Taiwan,...
Monday 22 July 2024
Doosan group unveils major restructuring for clean energy, smart machinery, semiconductor materials
South Korea's Doosan Group is reportedly undergoing a large-scale strategic restructuring to focus on three core business areas: clean energy, smart machinery, and advanced semiconductor...
Monday 22 July 2024
SK Group's energy overhaul: SKI and SK E&S merge into US$72.5 billion powerhouse
South Korea's SK Group, previously considering a restructuring of its battery business, is now moving forward with a significant merger between SK Innovation (SKI) and SK E&S...
Monday 22 July 2024
India roundup: L&T Semiconductor eyes mid-term GaN fab development
L&T is expanding its semiconductor business, which may go beyond IC design. Acer will leverage brand licensing to cultivate the Indian market and support the Make in India init...