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Thursday 2 February 2023
IC design houses worst hit among Chinese semiconductor firms in 2022
Up to 41 out of 80 Chinese semiconductor firms that have released financial statements for 2022 ended the year with operating losses. IC design houses were the worst hit due to multiple...
Thursday 2 February 2023
Foxconn hires Nissan veteran to lead EV business
Taiwanese tech giant Foxconn, determined to transform its entire group, has been actively expanding to electric vehicle industry in recent years. Having made new changes to its business...
Thursday 2 February 2023
Epi-wafer firm LandMark expects revenue growth in 2023
Taiwan-based LandMark Optoelectronics, which specializes in GaAs and InP epi-wafers for optical communications, expects to post another on-year revenue increase in 2023, when the...
Wednesday 1 February 2023
GM reports US$14.5 billion 2022 pretax profit, seeing China income decline
General Motors saw its 2022 wholesale volume grow about 25% from last year, bringing the automaker a record EBIT-adjusted US$14.5 billion. It plans to invest US$650 million in the...
Wednesday 1 February 2023
India may take a big hit from China's coming ban on exports of solar chips technologies
The Chinese government is mulling to impose export restrictions on its solar chips and related technologies, which, if enforced, may deal a big blow to the rising Indian solar energy...
Wednesday 1 February 2023
MCU price war lingers in 1H23 as makers continue inventory depletion
A price war between Taiwanese and Chinese suppliers of MCUs for consumer applications will persist in the first half of 2023 as they remain under pressure to trim inventories amid...
Wednesday 1 February 2023
Competition in Chinese FCEV market to heat up
Viewing that the Chinese government has been boosting development of fuel cell-powered electric vehicles (FCEVs), Hyundai Motor, Toyota Motor and main China-based automakers including...
Wednesday 1 February 2023
China FPGA startup completes fundraising for 14nm chip development
Ehiway Microelectronics Technology has raised an undisclosed amount of funding through Series B+ round of financing. The proceeds will be utilized for the development of the company's...
Wednesday 1 February 2023
China's possibly restricting exports of solar-grade wafers may push up international prices
The Chinese government is mulling to place restrictions on exports of solar-grade crystalline silicon wafers and related technology, and this is likely to push up international prices...
Tuesday 31 January 2023
Biden team weighs fully cutting off Huawei from US suppliers
The Biden administration is considering cutting off Huawei Technologies Co. from all of its American suppliers, including Intel Corp. and Qualcomm Inc., as the US government intensifies...
Tuesday 31 January 2023
Auto chips retain importance in global IC market in 2023
In 2023, automotive chips will continue to play an important role in global semiconductor trade, but both mainstream automakers and EV startups are making a strategic turnaround due...
Tuesday 31 January 2023
China LiDAR startup plans US listing
Shanghai-based LiDAR startup Hesai Technology is looking to raise an estimated US$150 million via a US IPO, according to industry sources.
Tuesday 31 January 2023
Nissan, Renault reach consensus on alliance restructuring
After a long negotiation, Nissan Motor is finally on an equal footing with Renault in their alliance. The latter has agreed to significantly reduce its stake in the Japanese automaker...
Tuesday 31 January 2023
China CIS suppliers stepping up deployment in automotive sector
In the face of still-sluggish demand for consumer electronics, China-based CMOS image sensor (CIS) manufacturers are turning their attention to the automotive sector, according to...
Tuesday 31 January 2023
Hisense steps up investment in upstream LED supply chain
China-based TV vendor Hisense has stepped up investing in the upstream LED supply chain, looking to enhance its in-house developed miniLED and microLED display technologies, according...