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Tuesday 31 December 2024
Waffer expands magnesium alloy production in China with world's first 3,000-ton semi-solid molding machine
Taiwan-based Waffer Technology, a major manufacturer of magnesium-aluminum casings, has announced that its Chinese subsidiary, Wazhong Precision Technology (Ma'anshan), has officially...
Tuesday 31 December 2024
Luxshare to acquire nine Wingtech ODM subsidiaries
Wingtech, a Chinese ODM and IDM powerhouse, announced on December 30 that it has signed a letter of intent to transfer the equity and operating assets of nine ODM subsidiaries to...
Tuesday 31 December 2024
2024 review: Southeast Asia emerges as key manufacturing hub amid global supply chain shifts
Southeast Asia has cemented its position as a crucial hub for technological advancement in 2024, particularly in AI, semiconductors, and electric vehicle (EV) transformation. The...
Monday 30 December 2024
Xiaomi opens its first store in Singapore, targets home appliance market expansion in Southeast Asia
Xiaomi has inaugurated its first store in Singapore, marking a strategic move to enhance its presence in the Southeast Asian market, with a particular focus on home appliances. The...
Monday 30 December 2024
China's domestic CPU makers ascend to prominence: Phytium surpasses 10 million shipments
China's domestic CPU industry is experiencing rapid growth amidst intensifying US-China technological competition. At the forefront, Phytium announced that it has shipped over 10...
Monday 30 December 2024
China's crystalline makers scale back to avoid cutthroat competition
China's two major crystalline silicon suppliers for solar cells announced production cuts in response to the current market downturn, where the industry is trying to cope with oversupply,...
Monday 30 December 2024
US plans more actions against China over telecommunications
A White House official said on December 27 that the US identified a ninth telecommunications company impacted by a wide-ranging Chinese espionage effort and that further steps are...
Monday 30 December 2024
Goertek expands drone production capacity in Vietnam
Chinese Goertek is set to invest US$570 million into expanding its operations in Bac Ninh, Vietnam, pending the necessary approvals from local authorities.
Friday 27 December 2024
Tesla's Shanghai Megafactory to complete by year-end, breaking speed records
Tesla's Shanghai Megafactory in Lingang is on track for completion by the end of 2024, with production anticipated to start in the first quarter of 2025, underscoring the company's...
Friday 27 December 2024
Traditional Chinese firms foray into semiconductors
China has seen some eyebrow-raising investments in its semiconductor industry by traditional firms amid tightening US trade sanctions.
Friday 27 December 2024
China SiC capacity expansions continue despite mounting supply-chain losses
A prominent Chinese silicon carbide (SiC) manufacturer has filed for bankruptcy amid intense market competition, yet numerous competitors continue expanding production capacity despite...
Friday 27 December 2024
China EV makers united: Xiaomi expands charging network access
Xiaomi founder, chairman, and CEO Jun Lei announced on December 25, 2024, that the company's automotive division has partnered with Nio, XPeng, and Li Auto to integrate their charging...
Friday 27 December 2024
Huawei still relies on non-Chinese memory makers for high-end smartphones
Despite the fact that Huawei employs mobile processors manufactured by China's SMIC, the company continues to rely on non-Chinese memory manufacturers for its premium smartphones,...
Friday 27 December 2024
Alibaba, E-Mart to create US$4 billion e-commerce JV in Korea
Alibaba Group Holding Ltd. agreed to form a joint venture for its South Korean operations with E-Mart Inc.'s e-commerce platform to better compete in the country's fast-paced online...
Friday 27 December 2024
Tata Group to create 500,000 manufacturing jobs in EMS and semiconductor foray
In the year-end message to Tata Group employees, chairman N Chandrasekaran emphasized the transformative impact of manufacturing on India's economy, buoyed by global supply chain...