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Friday 6 January 2023
China's giant chip ambitions fall prey to Covid turmoil
For years, China was the world's biggest spender on chip incentives, a scale unmatched from Washington to Tokyo. Now, the effort to combat Covid and deal with the threat of a global...
Friday 6 January 2023
Stellantis may shut more plants as electrification costs bite
Stellantis NV may idle additional car manufacturing plants as it grapples with higher inflation on top of the cost of electrifying its lineup, Chief Executive Officer Carlos Tavares...
Friday 6 January 2023
Market Cap 100: Chinese chip sector plows on despite sharp value drop in 2022
Asia's semiconductor companies are now facing the challenge of a global economic slowdown, as the pandemic-driven demand growth fades away, indicated the latest '2023 Asia Supply...
Friday 6 January 2023
MIH stands on the shoulders of Foxconn to gain North American presence
MIH, an EV consortium initiated by Foxconn, is poised to realize its ambition in the US. It announced on January 6 that it will set up an innovation hub in Ohio, offering automotive...
Friday 6 January 2023
Samsung issues profit warning due to unexpected business slump
Samsung Electronics issued a preliminary earnings statement on January 6 saying that its 4Q22 operating profit fell by 69% to KRW4.3 trillion (US$3.4 billion), hitting an 8-year low...
Friday 6 January 2023
PV module imports hurt Taiwan suppliers, says SAS
Solar cell and photovoltaic (PV) module makers in Taiwan have seen their operations threatened by more imports from Southeast Asia, according to Doris Hsu, chairperson of Sino-American...
Friday 6 January 2023
Notebook ODMs see customers actively diversify production locations
Notebook ODMs are seeing customers step up the diversification of production locations aiming to accelerate production relocations away from China, according to industry sources.
Thursday 5 January 2023
South Korea 2022 trade deficit hits record
South Korea recorded an unfavorable trade balance of US$47.3 billion in 2022, the historically highest annual level, South Korea-based Aju Business Daily and
Thursday 5 January 2023
Thought Technology helps athletes reach peak performance with biofeedback
Human body produces various physiological signals. Analyzing the information can help people better deal with stress or enable athletes to reach peak performance, besides many other...
Thursday 5 January 2023
From home appliance to automotive MCUs: China's Midea Group targets EV sector
Midea Group, China's largest maker of home appliances, has been extending its reach into semiconductors, especially the microcontrollers used in household appliances. Despite hurdles,...
Thursday 5 January 2023
India manufacturers worry about prolonged pandemic in China
With the upcoming Chinese New Year and the lingering pandemic in China, Indian manufacturers are worried that their high reliance on imports from China may put them at risk of another...
Thursday 5 January 2023
With strong material analysis orders, MSScorps reports record highs for 2022
Material analysis company MSScorps (Material Science Service Corp) has benefitted from the strong demand for semiconductor testing and analysis, reporting record highs in monthly,...
Thursday 5 January 2023
Market Cap 100: 2022 a year not for the faint-hearted
DIGITIMES Asia released the "2023 Asia Supply Chain (ASC) Top 100 Market Cap Companies Ranking" on Jan 5, based on the market capitalizations of publicly-listed information communications...
Thursday 5 January 2023
Acer raises inventory levels amid COVID surge in China
Acer allowed its PC inventory level to swell to 11 weeks, up from eight weeks, amid concerns over China's surge in COVID-19 cases, according to company chairman and CEO Jason Chen.
Thursday 5 January 2023
PC inventory correction remains slow, dampening prior expectations
Inventory adjustments for PCs have been slow despite best efforts by distributors and brand vendors, due to sluggish consumer demand in China, Europe, and the US, according to industry...