CONNECT WITH US
Global supply chain: Emerging tech, businesses
Emerging tech, businesses news coverage
IN THE NEWS
Monday 1 July 2024
SK Hynix aims to lead HBM Market for AI Chips, invests $75 Billion by 2028
Following a two-day annual strategy meeting, SK Hynix has announced plans to invest a hefty KRW$103 trillion (USD$74.6 billion) in its chip business for the next 3 years. SK Group,...
Monday 1 July 2024
Global telecom giants unite to develop multilingual telco AI models serving 1.3 billion users across 50 countries
The Global Telco AI Alliance (GTAA), composed of Deutsche Telekom (DT), e&, Singtel, SoftBank, and SK Telecom, has established a joint venture focused on developing multilingual...
Monday 1 July 2024
Nations race to secure talent to bolster indigenous semiconductor industry
As AI surges, major countries are all trying to establish their indigenous ecosystem to achieve semiconductor autonomy.
Monday 1 July 2024
EU eyes space for energy-hungry AI data centers
As AI demand surges, data centers are consuming critical levels of energy, raising concerns about an impending energy and environmental crisis.
Monday 1 July 2024
SK Group chairman met with Microsoft and OpenAI CEOs to reinforce global AI partnership network
Following discussions with the CEOs of Nvidia and TSMC about AI semiconductor collaboration, SK Group chairman Chey Tae-won (Anthony Chey) visited the US in June 2024 and met with...
Monday 1 July 2024
Volkswagen, SAIC maintain deep ties with agreements to co-develop five EV models
The Volkswagen Group, one of the major foreign automakers operating in China, signed multiple new energy technology cooperation agreements with the SAIC Group on June 27.
Monday 1 July 2024
India roundup: Foxconn denies discrimination against married women in India
Foxconn encountered fresh accusations from a Reuters report saying the company excludes married women from working at facilities, which Foxconn refutes. Data indicated that India...
Friday 28 June 2024
Sam Altman-backed Rain AI hires Apple chip vet to lead hardware
Rain AI has recruited an Apple Inc. chip executive to lead hardware engineering, the second high-profile hire this month for a startup trying to design a new type of semiconductor...
Friday 28 June 2024
SoftBank raises US$ 1.86 billion overseas as it boosts AI bets
SoftBank Group Corp. raised about US$ 1.86 billion via dollar and euro bond sales in one of the biggest foreign-currency deals by a Japanese company this year, as the tech firm moves...
Friday 28 June 2024
China's HBM demands account for 7% of 2024 global total
High Bandwidth Memory (HBM) is becoming the core of the High-Performance Computing (HPC) arms race.
Friday 28 June 2024
South Korean battery makers could benefit from Tesla 46800 cell production headache
Media reported that Tesla was considering ceasing production of 46800 cells due to multiple difficulties.
Friday 28 June 2024
STMicroelectronics helps Panasonic Cycle Technology bring AI to e-assisted bikes for affordable safety boost
STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has announced that Panasonic Cycle Technology, Co. Ltd. (Panasonic)...
Friday 28 June 2024
Computing is the new currency: Axelera AI bags US$68 million, eyes for global AI expansion
Netherlands-based Axelera AI, an AI acceleration hardware and software provider has announced the successful completion of their US$68 million Series B financing round.
Friday 28 June 2024
Samsung leads chip market amid surging AI memory demand, but foundry gap with TSMC widens
Samsung Electronics emerged as the leader in the global semiconductor market (excluding foundry) in the first quarter of 2024, capturing an 11% market share by sales value, according...
Friday 28 June 2024
Auto semiconductor market unlikely to be cautiously optimistic in 3Q24 despite rising car sales
The global automotive market is expected to become cautiously optimistic in the third quarter of 2024 as uncertainties like the European Union's election and the bloc's provisional...