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NEWS TAGGED BUSINESS
Tuesday 18 February 2025
ASE to increase spending in 2025 for expansion, new Malaysia plant reportedly set to open
Global packaging and testing leader ASE Technology Holdings (ASE) expects total capital expenditure (capex) for the year to grow significantly by over 60%, primarily allocated for...
Tuesday 18 February 2025
Xi voices support for Jack Ma, China private sector chiefs
Chinese President Xi Jinping presided over a meeting with Alibaba co-founder Jack Ma and other prominent entrepreneurs on Monday, signaling Beijing's endorsement for a long-marginalized...
Tuesday 18 February 2025
GM to shutter Shenyang plant as part of China market restructuring
General Motors (GM) is closing its Shenyang manufacturing plant in northeastern China, a move that aligns with its broader restructuring strategy to navigate the shifting competitive...
Tuesday 18 February 2025
Baidu and Tencent integrate DeepSeek AI Models to enhance their services

Chinese companies Baidu and Tencent have begun integrating DeepSeek's artificial intelligence (AI) models into their services.

Monday 17 February 2025
TSMC reportedly in talks with Intel board over potential foundry stake
Intel Corporation, the semiconductor giant founded in 1968, faces its most significant transformation in nearly six decades, potentially involving the transfer of its foundry operations...
Friday 14 February 2025
Intel-TSMC partnership: potential semiconductor power shift?
The semiconductor industry is bracing for a potential shake-up amid reports that the US government is pushing for Intel to spin off its manufacturing operations into a new entity,...
Friday 14 February 2025
Footprintku aims to accelerate digital transformation in the electronics industry with new AI services
Footprintku, a company focused on digitizing component data, has recently launched new services such as Footprintku.ai to help the electronics industry accelerate its digitalization...
Friday 14 February 2025
AUO posts profit on factory sale, forecasts stable growth in 2025 display sector
Taiwanese panel maker AUO held an earnings call on February 13h, revealing that its consolidated revenue for the fourth quarter of 2024 was NT$68.69 billion (US$2.09 billion), a decrease...
Friday 14 February 2025
ASE forecasts packaging market growth despite sluggish 1Q25
OSAT ASE Technology Holding (ASE) reported its advanced packaging sales exceeded US$600 million in 2024 and projects reaching nearly US$1 billion in 2025. However, citing seasonal...
Friday 14 February 2025
Chinese TV brands dominate Japan market as Korean rivals struggle
With Panasonic announcing its exit from the television business in 2025, all eyes are on global TV giants Samsung Electronics and LG Electronics to see how they will navigate the...
Friday 14 February 2025
Alibaba won't solve all of Apple's China problems: Catherine Thorbecke
Apple Inc.'s China business kicked off the Year of the Snake inauspiciously.
Friday 14 February 2025
Dixon Technologies seeks senior EMS executives as its expansion plans progress
Dixon Technologies is scouting for senior talents for its expansion in electronics component backward integration, having recruited experts from Taiwan-based Wistron and China-based...
Friday 14 February 2025
Lam Research faces scrutiny as US government probes China sales of chip equipment makers
The US is investigating the sales practices of the world's five largest semiconductor equipment makers over national security concerns, with Lam Research failing to disclose details...
Friday 14 February 2025
China curb impact hits Applied Materials' revenue, but company bets on long‑term ICAPS growth in China
On February 13, Applied Materials released its latest financial results for the first quarter of fiscal 2025 (November 2024 to October 2025), with net sales reaching US$7.17 billion,...
Thursday 13 February 2025
Honda and Nissan scrap US$60 billion merger plans amid restructuring clash
Honda and Nissan have officially called off their merger negotiations, which began in December 2024. Both companies held board meetings on February 13, 2025, where they decided to...