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Wednesday 4 December 2024
European tier 1 auto suppliers face transformation challenges in 2024
Leading tier 1 European automotive suppliers, including Bosch and ZF, have laid off more than 50,000 workers in 2024, surpassing layoffs during the COVID-19 pandemic. This is mainly...
Wednesday 4 December 2024
Space tech startups struggle with launch costs amid market consolidation
Space technology executives warn that small satellite launch companies face mounting pressure from both established players and market dynamics, despite new opportunities emerging...
Wednesday 4 December 2024
Ibiden plans 40% output boost for AI server IC substrates in 2025
Japanese IC substrate maker Ibiden is ramping up production capacity in response to rising demand linked to generative AI, with plans centered on renovating its current facilities...
Tuesday 3 December 2024
China and ASML respond to new US restrictions adding 140 more entities to Entity List
China has expressed strong dissatisfaction in response to the new round of sanctions from the US. China's Ministry of Commerce issued a statement stating that the new measures further...
Tuesday 3 December 2024
Chinese AI company Megvii cancels IPO on STAR market
Megvii Technology, one of China's original "AI Elite Four" which specializes in computer vision and deep learning, announced its application for an initial public offering (IPO) on...
Tuesday 3 December 2024
Global industry leaders back Taiwan's emerging satellite sector amid key challenges
Recent advancements in communication technology have lowered barriers in the space industry, enabling commercialization and attracting a wave of innovative players. While Taiwan-based...
Tuesday 3 December 2024
TASTI Expo 2024: CubeSat, SAR, drone-satellite synergy
Nearly 60 space companies are showcasing their latest innovations at TASTI Expo 2024, demonstrating Taiwan's growing aerospace capabilities. The Taiwan Space Agency (TASA) leads the...
Tuesday 3 December 2024
Power semiconductor firms explore niche auto markets amid headwinds
Major integrated device manufacturers (IDM) are pessimistic about automotive chip prospects in 2025, with Taiwan-based power semiconductor firms taking cautious stances on the European...
Tuesday 3 December 2024
Apple unlikely to reverse declining iPhone sales in China with Chinese version of AI alone
Apple is facing significant challenges in China, where its smartphone sales have been hit hard. Despite the launch of the iPhone 16 series in October 2024, the brand is under increasing...
Tuesday 3 December 2024
Brightek joins SiPhIA, eyes overseas automotive expansion
As a new member of the SEMI Silicon Photonics Industry Alliance (SiPhIA), Brightek is actively expanding its international presence, promoting its latest EVO ICLED products in markets...
Tuesday 3 December 2024
CIP secures Taiwan's first corporate wind power deal
Copenhagen Infrastructure Partners (CIP) has marked a watershed moment in Taiwan's renewable energy sector by securing the first corporate power purchase agreement for its Round 3...
Tuesday 3 December 2024
Shinkong diversifies amid European auto slump, eyes AI server opportunities
Shinkong Synthetic Fibers continues to navigate through Europe's prolonged automotive market downturn by implementing proactive diversification strategies and making a strategic entry...
Tuesday 3 December 2024
AI robots face uphill battle in industrial adoption
The development of AI robots spans multiple sectors, from smart factories to smart homes and specialized applications. However, for semiconductor giants like Nvidia and Qualcomm,...
Tuesday 3 December 2024
China advances space ambitions with next-gen Beidou navigation system
China's satellite navigation ambitions are accelerating, with plans for a next-generation BeiDou system taking shape amid growing commercial adoption of the technology. The expansion...
Monday 2 December 2024
Tesla, BYD ramp up China incentives in end-of-year sales push
Electric car makers including Tesla and BYD have unleashed further discounts and incentives in China in a final push to meet annual sales targets.