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Wednesday 14 May 2025
Flex doubles European power capacity with new Poland facility to meet AI-driven data center demand
Flex's Critical Power division, Anord Mardix, is expanding its European critical power operations through a significant investment in a new facility in southern Poland. The site,...
Wednesday 14 May 2025
Microsoft is cutting thousands of employees across the company
Microsoft Corp. said it will cut 6,000 workers across the company in an effort to reduce management layers.
The planned terminations will amount to less than 3% of total headcount...
Wednesday 14 May 2025
From flagship to family car: SiC drives China's EV boom amid intense price wars
Although the 2025 Shanghai International Auto Show has concluded, its ripple effects continue to shape the automotive landscape. Bolstered by the Chinese government's early implementation...
Wednesday 14 May 2025
AI and advanced chipmaking drive robust growth in semiconductor materials
With the escalating global trade tensions and fresh US tariffs rattling the semiconductor sector, the underlying momentum in high-performance computing (HPC) and AI applications remains...
Wednesday 14 May 2025
Trump's Middle East visit sparks major AI deals
US President Donald Trump embarked on a high-stakes Middle East tour from May 13 to 16, visiting Saudi Arabia, Qatar, and the United Arab Emirates. Landing in Riyadh, Saudi Arabia,...
Wednesday 14 May 2025
Ennostar ramps up smart sensing, automotive displays to offset global risks
Ennostar Inc., a leading player in Taiwan's optoelectronics industry, reported narrowed losses in the first quarter of 2025, aided by steady demand across its automotive, sensing,...
Wednesday 14 May 2025
South Korea's Moreh aims to outpace China's DeepSeek with cost-efficient alternative
South Korean AI software company Moreh is developing "K-DeepSeek," a model designed to surpass China's DeepSeek while slashing development costs, according to TheElec and...
Wednesday 14 May 2025
China's battery makers plot quiet US entry despite tariff crossfire
China's control of over 70% of the global lithium iron phosphate (LFP) battery market—the core of an EV's electric system—has triggered growing pushback in Washington...
Wednesday 14 May 2025
As Chinese IDMs climb, Europe's powerhouses lose ground
Driven by new energy vehicle subsidy policies, the localization wave of automotive chips in China is intensifying, accelerating the domestic substitution process. Chinese integrated...
Wednesday 14 May 2025
US to boost Saudi AI chip access even as China issues linger
The Trump administration is preparing to announce a deal granting Saudi Arabia more access to advanced semiconductors, paving the way for increased data center capacity in the Gulf...
Wednesday 14 May 2025
Alibaba unveils ZeroSearch, slashing AI training costs by 88% with open-source innovation
Alibaba Group has introduced ZeroSearch, an open-source reinforcement learning framework that simulates search engine functionality, reducing AI model training costs by nearly 90%...
Wednesday 14 May 2025
Nissan set to axe 20,000 jobs worldwide in deepening restructuring drive
Nissan Motor plans to cut around 20,000 jobs worldwide—more than twice the 9,000 announced in late 2024—as part of a sweeping restructuring effort aimed at reversing declining...
Wednesday 14 May 2025
Tesla reportedly eyes Western India for CKD assembly unit
Tesla is exploring land parcels in Satara, Maharashtra, to establish a completely knocked down (CKD) assembly unit for electric vehicles (EVs), a senior government official told Business...
Wednesday 14 May 2025
Aluminum wheel maker SAI posts record profits despite tariff uncertainties
Although Taiwan's complete vehicle exports to the US consist mainly of a small number of ATVs, Taiwanese automotive parts firms have still felt mounting pressure from Trump's tariff...
Wednesday 14 May 2025
China's AI reckoning: Once-hyped unicorns face cash crunch collapse
The global boom in generative AI, fueled by OpenAI, triggered a surge of investment into Chinese AI startups. But OpenAI's recent decision to abandon its for-profit status—announced...