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Emerging tech, businesses news coverage
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Friday 15 November 2024
Financial resilience key to AI server ODMs amidst booming demand from likes of Nvidia's GB200
Taiwan-based server original design manufacturers (ODMs) anticipate a significant surge in AI server sales by 2025. However, the rapid increase in sales has led to higher accounts...
Friday 15 November 2024
Foxconn expects AI servers to account for over 50% of server revenue in 2025, but EV targets might be delayed
Hon Hai Precision Industry (Foxconn) held its third quarter online earnings call on November 14, during which chairman Young Liu highlighted record-breaking cumulative revenue, gross...
Friday 15 November 2024
Global PMX presses forward with Mexico expansion, defying industry caution amid EV transition
Global PMX, an automotive component manufacturer, is strengthening investments in Mexico, despite cautious sentiment across the auto and ICT sectors since President-Elect Trump's...
Friday 15 November 2024
Xiaomi's smart factory claims to reach 100,000-unit production milestone in record time
In a milestone achievement for Xiaomi's automotive division, the company's 100,000th SU7 electric vehicle rolled off the production line on November 13. CEO Jun Lei commemorated the...
Friday 15 November 2024
Chinese EV makers weigh relocation as EU trade tensions mount
Mounting trade tensions between the European Union and China are prompting Chinese electric vehicle manufacturers to reevaluate their European production plans. Following the EU's...
Friday 15 November 2024
Akash Systems lands CHIPS Act funding to advance AI with diamond cooling technology
On November 13, the US government announced a non-binding preliminary agreement with Akash Systems. Through the CHIPS and Science Act, the Department of Commerce intends to allocate...
Thursday 14 November 2024
ENLight, Bulky Animation forge AI alliance to revolutionize filmmaking
Taiwan's AI computing power vendor ENLight Corp has teamed up with Bulky Animation Studio to establish an AI audiovisual technology center tailored to the growing AI needs of the...
Thursday 14 November 2024
CATL open to US investment if Trump welcomes Chinese capital
CATL's chairman and CEO Robin Zeng has expressed willingness to build a factory in the US if President-Elect Donald Trump is willing to open the door for Chinese electric vehicle...
Thursday 14 November 2024
Accton invests in InLC to enhance optical communication capabilities
Accton has announced its board's approval for an investment in InLC Technology (InLC). This long-term investment aims to strengthen the R&D of foundational optical communication...
Thursday 14 November 2024
Taiwan IC design houses pursue growth opportunities in challenging auto sector
Leading integrated device manufacturers (IDMs) have expressed concerns about the automotive semiconductor market outlook for 2025. Despite these challenges, Taiwan-based IC design...
Thursday 14 November 2024
Zhen Ding targets 70% revenue from AI applications by 2025, expands across four key sectors
Zhen Ding Technology (ZDT), a leading PCB manufacturer, reported record third-quarter revenue across key sectors, forecasts continued growth in the fourth quarter, and targets significant...
Thursday 14 November 2024
Huawei, JAC Motors partner to launch ultra-luxury EV brand
The ultra-luxury car brand Maextro, a joint venture between Huawei and JAC Motors, will unveil its first vehicle model at the 22nd edition of the Guangzhou International Automobile...
Thursday 14 November 2024
Sixxon Tech rides AI wave, targeting strong growth in thermal, chips, and optical comm. applications for 2025
Sixxon Tech, a specialized supplier of precision metal parts, anticipates robust growth in thermal management, semiconductor, and optical communication sectors in 2025. The company...
Thursday 14 November 2024
Unisoc accelerates IPO timeline with solid shareholder lineup and AI focus
Unisoc, having achieved annual revenues above CNY10 billion (approx. US$1.38 billion) for two successive years from 2022 to 2023, is preparing to expedite its initial public offering...
Thursday 14 November 2024
G-Shank's non-3C revenue surges, AI applications to lead 2025 growth
Taiwan's leading precision metal stamping specialist, G-Shank Enterprise, reported that revenue from non-3C applications—such as automotive, medical, and industrial sectors—grew...