CONNECT WITH US
NEWS TAGGED BUSINESS
Tuesday 2 July 2024
Sony to scale down BD production business in Sendai
Sony's optical disc business is facing challenges due to declining demand as data storage methods shift towards cloud-based solutions and plans to cut its workforce by 40%.
Tuesday 2 July 2024
Sony investments planning collaboration with JASM for 2030
Sony Semiconductor Solutions (SSS), the semiconductor subsidiary of Sony, announced in May 2023 that it had acquired land in Kōshi, Kumamoto, for a new factory, with plans to...
Tuesday 2 July 2024
Thailand's AI talent drive: high adaptation rates amid leadership strategy gap
In July 2022, Thailand unveiled its national AI strategy and action plan, outlining the government's roadmap through 2027 to enhance its AI infrastructure and spur economic growth...
Tuesday 2 July 2024
Policy hurdles hamper Indonesia's semiconductor ambitions in the escalating region
Southeast Asian countries are pulling out all the stops to attract semiconductor companies to set up factories in their regions. Malaysia, already a stronghold for packaging and testing,...
Monday 1 July 2024
India-based Ola Electric ramps up cell manufacturing, develops solid-state battery
India-based EV unicorn Ola Electric announced a plan to spend US$100 million to build a Gigafactory, focusing on in-house battery cells, as the company is expanding beyond the EV...
Monday 1 July 2024
SK Hynix aims to lead HBM Market for AI Chips, invests $75 Billion by 2028
Following a two-day annual strategy meeting, SK Hynix has announced plans to invest a hefty KRW$103 trillion (USD$74.6 billion) in its chip business for the next 3 years. SK Group,...
Monday 1 July 2024
SK Group chairman met with Microsoft and OpenAI CEOs to reinforce global AI partnership network
Following discussions with the CEOs of Nvidia and TSMC about AI semiconductor collaboration, SK Group chairman Chey Tae-won (Anthony Chey) visited the US in June 2024 and met with...
Friday 28 June 2024
Samsung leads chip market amid surging AI memory demand, but foundry gap with TSMC widens
Samsung Electronics emerged as the leader in the global semiconductor market (excluding foundry) in the first quarter of 2024, capturing an 11% market share by sales value, according...
Friday 28 June 2024
Samsung in talks to join UALink alliance and bolster competition against Nvidia
The Ultra Accelerator Link (UALink) alliance, which saw the gathering of many IT giants, is committed to challenging the NVLink ecosystem, an AI chip accelerator interconnect technology...
Friday 28 June 2024
Why should busy professionals use AI for their passport size photo editing?
Have you ever stared down the barrel of a looming business trip with the sinking realization you don't have a valid passport photo? Or you've experienced the frustration of waiting...
Friday 28 June 2024
Aftermarket suppliers increase NEV investment as inventory clearance ends
Automotive supply chains in Taiwan and China are seeing limited financial growth during the off-season in July and August. However, as inventory destocking ends, new energy vehicle...
Friday 28 June 2024
Three reasons behind SDC and LGD's decision to slow down their Micro LED business
Compared to the aggressive investments in the Micro LED business by Taiwanese and Chinese companies, South Korean panel manufacturers could slow their efforts in Micro LEDs due to...
Thursday 27 June 2024
SDC to focus personnel on OLED R&D; consider introducing 64-hour workweek
Facing increasing competition from rivals in its OLED business, Samsung Display (SDC) is reportedly transferring internal technical personnel to the small and medium-sized OLED development...
Wednesday 26 June 2024
Passive component companies expand production for AI demand
Companies across industries, including the passive component sector, are optimistic about generative AI's business potential.
Wednesday 26 June 2024
Sumitomo Chemical downsizes LCD materials, scales up investment in semiconductor materials
Japan-based Sumitomo Chemical is refining its growth strategy by downsizing its LCD component business while expanding its semiconductor materials division.