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Global supply chain: Emerging tech, businesses
Emerging tech, businesses news coverage
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Friday 12 July 2024
Sanofi partners with OpenAI to become the world's first AI-driven pharma giant
In May 2024, French pharmaceutical giant Sanofi announced a three-way collaboration with Formation Bio and OpenAI to develop AI software for drug research.
Friday 12 July 2024
Imminent AI-driven flagship smartphone war to boost Apple orders
Both major SoC players, Qualcomm and MediaTek, have maintained an optimistic outlook since the beginning of the year. Apple, which initially projected lower sales for 2024, has sparked...
Friday 12 July 2024
BYD to invest US$1 billion in Turkish EV factory, targeting EU market
BYD reached an agreement with the Turkish government to invest $1 billion in building an electric and plug-in hybrid vehicle factory in the region. The new factory is set to start...
Friday 12 July 2024
IC design houses see order visibility from CE sector strengthen
Order visibility from the consumer electronics sector has increased for Taiwan-based IC design houses, according to industry sources.
Friday 12 July 2024
Texas forges partnership with Samsung and SK Group, eyes future AI and EV collaborations
Texas Governor Greg Abbott's Indo-Pacific trip has brought him to South Korea, where he has focused on strengthening economic ties and exploring technological collaborations. The...
Friday 12 July 2024
Samsung unveils brand-new mobile AI ecosystem; new foldable devices set to launch on July 24
Samsung Electronics held its Galaxy Unpacked 2024 event on the evening of July 10 in Paris, France. The company introduced its new generation of foldable phones, the Galaxy Z Fold...
Friday 12 July 2024
Potential trade war as China prepares countermeasures against EU tariffs on EVs
The European Union has announced additional tariffs of up to 38.1% on electric vehicles from China.
Friday 12 July 2024
Apple rumored to stock up iPhone 16s to 90 million units; Foxconn initiates peak season hiring
Supply chain sources indicate that following the reveal of the new AI platform Apple Intelligence at the WWDC in June and the announcement that it will be integrated into the iPhone...
Friday 12 July 2024
Foxconn subsidiary to acquire Auto-Kabel for EUR72.5 million
Foxconn Interconnect Technology (FIT), a subsidiary of Hon Hai Technology Group (Foxconn), has announced plans to acquire Germany-based Auto-Kabel for a total of EUR72.5 million (US$78.8...
Friday 12 July 2024
German EV sales surge despite subsidy cuts, raises market optimism
According to statistics from the Federal Motor Transport Authority (Kraftfahrt-Bundesamt, KBA) in Germany, 43,000 new pure electric vehicles were registered in June, achieving a market...
Friday 12 July 2024
China's Infinigence launches groundbreaking AI integration platform harnessing diverse chips and models
Amid China's skyrocketing demand for computing power and a tight supply of AI chips, an industry leader has proposed a solution to leverage the nation's diverse hardware and software...
Friday 12 July 2024
Chinese EV exports slump 13.2% in June, marking third monthly decline
According to data from the China Association of Automobile Manufacturers (CAAM), China's electric vehicle (EV) exports decreased by 13.2% in June 2024, marking the third consecutive...
Friday 12 July 2024
AI server shipments to surge in 2H24 as GPU shortage eases
AI server shipments are expected to increase significantly in the second half of 2024 as the shortage of Nvidia H100 GPUs improves, according to sources at Taiwan-based ODMs.
Thursday 11 July 2024
Less than 20 Chinese EV brands to be profitable by decade's end
Just 19 of China's 137 current electric car brands will be profitable by the end of the decade, leaving the rest to exit the industry, consolidate, or battle for a minor market share,...
Thursday 11 July 2024
Taiwan's AI dichotomy: leading the hardware revolution but lagging in software support
As Taiwan powers the world's AI ambitions, its software startups face an uphill battle for survival.