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Thursday 14 November 2024
Unisoc accelerates IPO timeline with solid shareholder lineup and AI focus
Unisoc, having achieved annual revenues above CNY10 billion (approx. US$1.38 billion) for two successive years from 2022 to 2023, is preparing to expedite its initial public offering...
Wednesday 30 October 2024
Tesla of flying cars hits financial turbulence: Germany's Lilium halts production as insolvency looms
Lilium, a German electric vertical takeoff and landing aircraft (eVTOL) company often called the Tesla of flying cars, is planning to file for insolvency and will seek self-administration...
Tuesday 8 October 2024
CIP and Century Wind Power showcase Taiwan's Fengmiao Project advancements
At the 2024 Energy Taiwan event, Copenhagen Infrastructure Partners (CIP) and Century Wind Power jointly announced the latest progress on Round 3.1 of the Fengmiao Offshore Wind Farm...
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...
Friday 27 September 2024
Unisoc secures CNY4 billion to drive chip innovation and global presence, backed by Pudong Venture Capital
Unisoc, a leading Chinese chip design company, has secured CNY4 billion (US$548 million) in equity financing, primarily through state-backed platforms including Pudong Venture Capital,...
Wednesday 25 September 2024
Kioxia secures US$841 million loan to boost latest NAND production for AI and data centers
Kioxia, a leading player in the NAND flash industry, has secured a loan commitment of JPY120 billion (US$841 million) from major financial institutions. This financing will enable...
Monday 23 September 2024
Qualcomm's rumored Intel acquisition faces antitrust, financing, and other hurdles
As Intel strives to improve its financial performance, rumors of a potential acquisition by Qualcomm—likely a partial takeover—have surfaced. However, the success of such...
Friday 6 September 2024
China-based startup initiates IPO process as Chinese AI chip market grows
Shanghai Enflame Technology, a Chinese AI chip company backed by Tencent, has recently filed its intention to IPO with the Shanghai Bureau of the China Securities Regulatory Commis...
Friday 6 September 2024
Xiangdixian slashes workforce, retains only critical roles
Recent reports suggest that Chinese GPU startup Xiangdixian Computing Technology has collapsed due to funding issues and dismissed its entire workforce. However, the company later...
Thursday 29 August 2024
Super Micro Computer delays filing annual report amid accounting manipulation allegations
Super Micro Computer, a major server manufacturer, announced a delay in filing its annual 10-K report for the fiscal year ending June 30, 2024, amid allegations of accounting manip...
Wednesday 28 August 2024
Rapidus pursues US$690 million loan to achieve 2nm chip production by 2027
Rapidus, aiming to begin mass production of 2-nanometer chips in Japan by 2027, is seeking significant financial support for its trial production and eventual mass production.
Wednesday 21 August 2024
Xiaomi 2Q24 financial statement to be released as automotive, mobile endeavors draw attention
Xiaomi's financial statement for the second quarter of 2024 is expected to be released on August 21.
Monday 19 August 2024
Japan faces financial resource issues following Kishida's resignation
Japanese prime minister Fumio Kishida is stepping down before the end of September 2024. Many policies from his administration require large budgets, including providing subsidies...
Friday 16 August 2024
What Pat Gelsinger can learn from TSMC's last layoff during financial crisis?
In his 42 months as CEO of Intel, Pat Gelsinger recently issued an internal memo announcing layoffs, sharply criticizing Intel's deep-seated issues. He stated that Intel's "costs...
Thursday 15 August 2024
Intel's financial woes deepen: annual conference postponed amid cost-cutting measures
Intel's troubles continue to mount following the company's dire financial conundrum.
Holtek
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research