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Thursday 2 January 2025
China tech giants outline ambitious targets for 2025
Major Chinese technology companies have unveiled their strategic goals for 2025, with plans spanning from electric vehicle sales to artificial intelligence innovations. Tech giants...
Thursday 2 January 2025
South Korea faces uphill battle in AI chip market expansion
Growing demand for artificial intelligence semiconductors is reshaping the global chip industry, but South Korea's ambitions to capture market share face significant hurdles despite...
Thursday 2 January 2025
South Korea invests US$24.79 million in 48 next-gen chip R&D projects
South Korea's Ministry of Trade, Industry, and Energy (MOTIE) has announced a KRW36.4 billion (US$24.79 million) investment to fund 48 next-generation semiconductor R&D projects...
Thursday 2 January 2025
Volvo reportedly seeks South Korean battery partners amid Northvolt crisis
Following Northvolt's bankruptcy filing, Volvo is exploring new battery partnerships in South Korea to advance the construction of the NOVO Energy battery plant.
Thursday 2 January 2025
European chipmakers pivot to domestic production in China
The trio of major European chip-making giants—STMicroelectronics (STM), NXP, and Infineon—have recently announced plans to establish local chip manufacturing supply chains...
Thursday 2 January 2025
Samsung kickoff advanced packaging supply chain overhaul with equipment shakeup
Samsung Electronics has launched a comprehensive overhaul of its advanced packaging supply chain, focusing on "reassessing" materials, components, and equipment to boost competitiveness...
Thursday 2 January 2025
Japan-based Meiko's value doubles as Vietnam operation makes gains amid US-China tensions
Japanese printed circuit board (PCB) manufacturer Meiko has doubled its market value, driven by the need for the global supply chain relocation away from China. By proactively setting...
Thursday 2 January 2025
Honda-Nissan merger bid to counter Chinese EV dominance
Honda and Nissan's ongoing merger negotiations are reportedly an attempt to counter the rising dominance of Chinese electric vehicle (EV) manufacturers. The Japanese automakers, prompted...
Thursday 2 January 2025
Samsung bets on high-value memory to counter CXMT amid DRAM slump
Samsung Electronics' Device Solutions (DS) division is revising its production strategy as falling DRAM prices and weak IT demand weigh on profits. South Korean securities firms have...
Thursday 2 January 2025
Kyushu boosts economic forecast from semiconductor investments
Kyushu has raised its assessment of the economic benefits stemming from semiconductor investments spearheaded by TSMC. This adjustment comes as Taiwanese semiconductor suppliers increasingly...
Thursday 2 January 2025
Nissan and Honda weigh domestic merger against foreign investment
Honda and the financially troubled Nissan have announced plans to merge, with Mitsubishi Motors expected to decide on its participation within the month. While speculation suggests...
Thursday 2 January 2025
Honda and Nissan target global synergy in strategic merger
Honda and Nissan aim to forge synergies across seven areas, including vehicle platform commonality and software development, as they strengthen ties through strategic collaboration...
Thursday 2 January 2025
Samsung loses former TSMC exec after contract expires
Samsung Electronics's hiring of Jing-cheng "Vic" Lin(J. C. Lin) from TSMC in a bid to bolster its semiconductor packaging technology made headlines in early 2023. However, reports...
Thursday 2 January 2025
Arm China reportedly lays off employees from the CPU department ahead of year-end
A recent report has revealed that the CPU department under Arm China, a Chinese chip IP designer and service provider, has started laying off employees. The department consists of...
Thursday 2 January 2025
BYD chalks up new record as it narrows EV sales gap with Tesla
China's BYD enjoyed a year-end surge to push total sales to 4.25 million passenger cars last year, narrowing its gap with Tesla as the two vie for the crown of the top-selling electric...