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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.
Wednesday 21 August 2024
WPG expects sales to peak in 3Q24
IC distributor WPG posted strong revenue figures for the second quarter of 2024, with vice president Scott Lin expecting the third quarter to be the peak of the year in terms of both...
Wednesday 21 August 2024
China CIS firms gain domestic market share with local foundry, backend support
Support from local foundries and backend houses in China is helping CMOS image sensor (CIS) firms obtain more orders, reducing the country's reliance on Sony, according to industry...
Tuesday 20 August 2024
Global semiconductor manufacturing industry strengthens in 2Q24, SEMI reports
The global semiconductor manufacturing industry in the second quarter of 2024 continued to show signs of improvement with significant growth of IC sales, stabilizing capital expenditure,...
Tuesday 20 August 2024
GenAI wearables to boost sales for their multifunctionality
Generative AI (GenAI) has not only become a key element to boost the upgrades for smartphones and PCs.
Tuesday 20 August 2024
German car brands face market share decline in China
German luxury car brands BMW, Mercedes-Benz, and Audi are experiencing a decline in market share in China amid ongoing price cutting in the local car market. The German brands have...
Tuesday 20 August 2024
Sunplus develops AI chip platform for future growth
IC design house Sunplus Technology is actively developing an AI chip platform that the company expects will bring explosive growth.
Tuesday 20 August 2024
China's used car market faces challenges amid new vehicle price cuts
Ongoing cutthroat competition in the Chinese auto market has led to challenges in China's used car market. Additionally, moves by foreign car brands, such as halting price cuts in...
Monday 19 August 2024
Rumored Huawei Mate 70 delay expected to benefit iPhone sales in China
Huawei's upcoming Mate 70 series flagship smartphone, which was previously rumored to be released in September, could be delayed until November or later. This potential delay could...
Monday 19 August 2024
Automakers continue to adjust business in China; supply chain prepares backup plan
In recent years, business for joint venture automakers in the Chinese market is no longer smooth sailing, facing increasing challenges. As a result, many have adjusted their local...
Monday 19 August 2024
Hydrogen-powered vehicles gain momentum as EV sales slow, but profits remain a distant prospect
With global electric vehicle (EV) sales slowing, hydrogen-powered vehicles are gaining unexpected attention.
Monday 19 August 2024
Disco plans to set up subsidiary in India amid Indian chipmaking ambition
Japan-based semiconductor equipment supplier Disco plans to establish its presence in India, as India plans to build a chipmaking ecosystem amid the global diversification in semic...
Friday 16 August 2024
Indian IC design startup seeks six automotive contracts and eyes mid-term chipmaking investment
L&T Semiconductor Technologies, an Indian startup set up less than a year ago, expects to begin developing chips for six automobile companies and eventually venture into the chipmaking...
Friday 16 August 2024
DDI market calm, but handset DDIs thrive
The third quarter of 2024 has seen a lackluster market for display driver IC (DDI). However, handset DDI demand is expected to be strong thanks to replenishment demand.
Friday 16 August 2024
BYD AI-assisted vehicle appeal diminished by market price competition
BYD has pulled out all the stops to get ahead in AI-assisted vehicle development with its progress garnering the most attention.