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Monday 13 November 2023
Stability AI gets Intel backing in new financing
Stability AI has raised new financing led by chipmaker Intel Corp., according to people familiar with the matter — a cash infusion that arrives at a critical time for the com...
Monday 13 November 2023
Hiroca says increasing orders from Chinese carmakers offset Japanese automakers' slowing demand
Japan-based car companies have lost their dominance in China's car market as local competitors rise. Automotive suppliers confirmed that Japanese automakers have reduced their pull-ins...
Monday 13 November 2023
Asus co-CEO Samson Hu: AI PC could see double-digit growth in 2025
Asus co-CEO Samson Hu pointed out that software-hardware fusion devices like AI PCs are just starting to develop and are still in a chaotic phase. He estimated that AI PCs and AI...
Monday 13 November 2023
Government incentives for developing semiconductor industry (3): Subsidies for R&D activities
Cash subsidies targeting research and development (R&D) investments and R&D consortiums are conducive to the development of semiconductor technologies, so governments can...
Monday 13 November 2023
Ford, Koc, LGES scrap plan to build joint battery plant in Turkey
Slower EV adoption growth has terminated a joint battery investment of Ford, Koc Holding, and LG Energy Solution in Turkey. Ford and SK On will also delay their joint battery plant...
Monday 13 November 2023
Cloudcoffer: Cutting-edge AI WAF and sandbox solutions
In today's swiftly evolving digital landscape, businesses are confronted with an unending array of threats from cybercriminals who are ceaselessly seeking to exploit vulnerabilities...
Monday 13 November 2023
Cloud gaming firm joins forces with Taiwan Llama Team to explore large language models (LLM)
Ubitus, a cloud gaming company, has joined forces with the Department of Computer Science and Information Engineering(CSIE) of the National Taiwan University (NTU) to incorporate...
Monday 13 November 2023
EV scale-up requires public, private sectors collaboration
Southeast Asia is rising in the global EV market, especially with more China-based carmakers entering the region. Shuji Kimura, senior transport specialist at the Asian Development...
Monday 13 November 2023
CuboAi: redefining infant safety globally with digital innovation
CuboAi (Yun Yun AI Baby Camera), a Taiwan-based startup in the maternal and infant market, has successfully conquered European and American territories, illustrating the potential...
Monday 13 November 2023
Weekly news roundup: Huawei breaks speed records with Wi-Fi 7 and other top stories
These are the most-read stories during the week of November 6-10:
Monday 13 November 2023
India roundup: Tata acquires 100% stake of Wistron Indian subsidiary
Tata became one of the iPhone assemblers in India after Wistron sold its Indian assets. India's smartphone market have seen shifts in recent quarters due to 5G and premiumization.
Friday 10 November 2023
GM, Stellantis invest in rare-earth-free EV motor magnets as China tightens material exports
General Motors and Stellantis have become the latest investors of Niron Magnetics, a US-based startup focused on developing rare-earth-free magnets, an essential material for EV motors...
Friday 10 November 2023
Wistron ITS defies odds: AI-driven growth charts course to 2024
Wistron ITS, the software arm of Wistron, resiliently navigates challenges amid global uncertainties. CEO Hsiao Ching acknowledges the challenges presented by "black swan" and "gray...
Friday 10 November 2023
Record deliveries help Li Auto stay profitable for four consecutive quarters
China-based Li Auto maintained momentum in the third quarter of 2023, reporting CNY2.81 billion (US$385.5 million) in net income. The automaker said it plans to launch and deliver...
Friday 10 November 2023
Japan allocates US$13b for semiconductor and generative AI, including TSMC's Kumamoto plant
In the revised budget for the fiscal year 2023 (April 2023 to March 2024) proposed by the Japanese Ministry of Economy, Trade, and Industry (METI), approximately US$13 billion (JPY2...