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Wednesday 9 October 2024
APCB to cease production in Taiwan; expected to retain 70% of its revenue in 2025
APCB, a PCB manufacturer, has announced plans to close its Taiwan facility and transfer production to its Chinese operations. The decision comes in response to ongoing financial losses...
Tuesday 8 October 2024
Samsung India signs MoAs with striking workers amid ongoing dispute
Samsung India has signed an agreement with a segment of its workers, addressing some of their demands and aiming to resolve a strike that has lasted nearly a month at its plant in...
Monday 7 October 2024
DRAM, flash momentum slows: Memory packaging and testing bracing for a soft 4Q24
The sluggish recovery in memory end-market demand has led to an early slowdown in supply chain activity, impacting the operational growth of memory packaging and testing firms in...
Monday 7 October 2024
TSMC's three-pronged strategy: Outsourcing CoWoS to Amkor as US plant exceeds expectations
TSMC has taken the unusual step of opening up its Chip-on-Wafer-on-Substrate (CoWoS) outsourcing opportunities and recently announced a memorandum of understanding (MOU) with Amkor...
Monday 7 October 2024
Intel execs visit Vietnam, commit to including more Vietnamese companies in ecosystem
Intel has announced plans to include more Vietnamese companies in its ecosystem and provide the Vietnamese government with additional industry-related advice.
Monday 7 October 2024
Formosa Smart Energy's new battery plant to begin production in November
Formosa Smart Energy (FSE) has announced that the first phase of its battery cell and module plant in Changhua will commence mass production in November 2024.
Monday 7 October 2024
India roundup: Fire at Tata's iPhone plant; Foxconn OSAT venture progress
Fire at Tata's iPhone parts plant in southen India put its ability to operate sophisticated manufacturing to test. Foxconn may make progress on its OSAT venture in India despite de...
Thursday 3 October 2024
Samsung reportedly shuts down equipment to cut losses amid foundry overcapacity crisis
Samsung Electronics is grappling with a foundry overcapacity crisis, despite its strategy of building capacity ahead of demand. According to reports from Chosun Biz and Bloomberg,...
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$1.54 billion, a strategic move critical to the company's pivot towards OLED production. This sale,...
Thursday 3 October 2024
BYD reportedly plans to establish EV plant in India in 2025
China-based automotive giant BYD is reportedly in talks with Indian conglomerates Reliance Group and Adani Group to set up a local manufacturing base in India. This move comes despite...
Tuesday 1 October 2024
Fujifilm doubles down on materials for sub-2nm process nodes
Fujifilm plans to strengthen its semiconductor materials capabilities with an investment of JPY 20 billion (US$ 140 million) to build facilities in Shizuoka and Oita, focusing on...
Tuesday 1 October 2024
Excellence Opto targets double-digit growth in 2025 with Mexico plant launch
Excellence Opto. Inc. (EOI) has returned to profitability in the first half of 2024, driven by a 110% utilization rate at its Taiwan and China plants. The company is preparing for...
Tuesday 1 October 2024
CSRC to build North America's largest eco-friendly carbon black plant
Michelin and Bridgestone, two of the world's leading tire makers, have pledged to incorporate 40% sustainable materials in their tires by 2030 and aim for 100% by 2050, as part of...
Tuesday 1 October 2024
Samsung delays Taylor and Pyeongtaek fab construction amid global semiconductor slowdown
Samsung Electronics has reportedly delayed construction and equipment orders for its Pyeongtaek Phase 4 (P4) plant in South Korea and its second facility (T2) in Taylor, Texas. This...
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...