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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,...
Thursday 3 October 2024
China's largest NOR Flash manufacturer receives IPO approval
XMC, a leading Chinese semiconductor manufacturer specializing in NOR Flash memory chips, has received approval for its IPO on the Shanghai Stock Exchange's STAR Market, one of the...
Thursday 3 October 2024
Why is Volkswagen shutting down its factories?
Automaker Volkswagen has announced several plans to shut down or migrate its factories, signaling a strategic adjustment for the company in the global market. In particular, this...
Thursday 3 October 2024
Unisoc tops CNY13 billion revenue, secures top 10 global IC design houses spot
During the 3rd GMIF 2024 Innovation Summit in Shenzhen on September 27, Unisoc's executive vice president, Dr. Luke Liu, announced that despite a 3.2% year-over-year decline in global...
Thursday 3 October 2024
China solar energy sector dogged by oversupply
China's solar energy firms, which have 85% of the global market, are being hit by an unprecedented level of oversupply and encountering export challenges in the European and US markets,...
Wednesday 2 October 2024
BYD speeds up solid-state battery rollout, targeting full adoption within 5 years
The electric vehicle (EV) sector is intensifying efforts to advance solid-state battery technology, with BYD's chief scientist Yubo Lian announcing that commercialization could occur...
Wednesday 2 October 2024
Patent war between Huawei, MediaTek to commence after China's Golden Week
The patent infringement trial between Huawei and MediaTek is set to officially commence after China's Golden Week, no earlier than October 25, 2024. The patent at the center of the...
Wednesday 2 October 2024
Wanzhou Meng returns to Huawei's core leadership, spotlight on Mate 70 launch in her new role
Huawei CFO Wanzhou Meng has resumed her position as rotating chairperson under the company's leadership system, beginning her six-month term on October 1, 2024, which will run until...
Tuesday 1 October 2024
Huawei debuts Ascend 910C samples amid China's bid to topple Nvidia's AI lead
The Chinese government is reportedly intensifying efforts to discourage domestic companies from buying Nvidia AI processors, aiming to boost local suppliers like Huawei. According...
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
How China is accelerating advanced packaging with HBM and CoWoS amid tightening US restrictions
Presently, the enhancement of AI chips' computing power heavily depends on advanced packaging technologies such as CoWoS and HBM, with the two technologies complementing each other...
Tuesday 1 October 2024
BYD's local integration drives ASEAN market dominance
The ASEAN market, spanning multiple countries, has become a fiercely competitive battleground for numerous automotive and new energy vehicle (NEV) brands. In this landscape, BYD has...
Tuesday 1 October 2024
Concerns grow over global DDI supply security after US lawmakers target Chinese panel manufacturers
Following recent geopolitical tensions, concerns regarding the supply chain security of technology products have intensified globally. The United States has expressed intentions to...
Tuesday 1 October 2024
Venture capitalist joins Unisoc board
A Chinese venture capital heavyweight Datong Chen has been appointed to the board of directors of China-based IC design company Unisoc. Chen, chairman of Investment Committee, Hua...
Tuesday 1 October 2024
TCL CSOT buys LGD Guangzhou site, strengthening China's TV panel dominance
LG Display (LGD) and TCL China Star Optoelectronics Technology (TCL CSOT) have signed an agreement for the latter to buy LGD's 8.5G LCD facility in Guangzhou for CNY10.8 billion (US$1.54...