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IN THE NEWS
Tuesday 1 August 2023
Chroma expects demand for test to recover in 4Q23 after China's EV market reshuffles
Leading precision test and measurement instrumentation supplier Chroma released its financial results for the second quarter of 2023 on July 31. Chairman Leo Huang said China's market...
Tuesday 1 August 2023
Inventory adjustment for ABF substrates extends to 2024; long-term optimism about AI driving demand
The ABF substrate industry is facing a short-term headwind. Unimicron, whose ABF substrate business accounted for 52% of its revenue in 2Q23, admitted during its earnings call that,...
Tuesday 1 August 2023
CATL looking for sales agent in Taiwan, say sources
Leading Chinese battery manufacturer CATL is considering appointing a Taiwanese firm as its sales agent to service customers in Taiwan, according to industry sources.
Tuesday 1 August 2023
ODMs look to AI servers for profit growth
ODMs are looking to kick off AI server shipments in the second half of this year, which they believe will be a new driver of profit growth, according to sources in the server indus...
Tuesday 1 August 2023
Nvidia to embrace strong 2H23
Nvidia is gearing up for a prosperous second half of 2023, thanks to a spike in demand for its artificial intelligence processors, industry sources believe.
Monday 31 July 2023
MediaTek predicts bounceback for smartphones; AI and automotive progress receives attention
MediaTek CEO Rick Tsai clearly set the tone at the earnings call, stating that automotive electronics and AI will be the two areas that will receive total resource investments and...
Monday 31 July 2023
Chinese firms are seeking Korean partners to skirt US EV rules
Chinese firms are lining up to invest in South Korea's battery industry because they want to use it as a gateway to the US market, undermining the Biden administration's efforts to...
Monday 31 July 2023
Formosa Smart Energy battery cells to enable electric buses, energy storage systems
Formosa Plastics Group is accelerating its transition to the new energy industry. Its subsidiary Formosa Smart Energy has launched its battery production business, aiming to support...
Monday 31 July 2023
Taiwan urged to adapt international hydrogen development experiences to local conditions
Taiwan-based energy industry players are stepping up efforts to build hydrogen refueling stations for hydrogen buses and other applications, as hydrogen energy development is one...
Monday 31 July 2023
China's AI chipmaker Cambricon rumored to see further layoffs
Based on reports from SCMP and Sina, insiders revealed that SingGo, an autonomous driving chip subsidiary under Chinese AI chipmaker Cambricon Technologies, has...
Monday 31 July 2023
China's Greater Bay Area forming automotive semiconductor hub
The Guangdong–Hong Kong–Macao Greater Bay Area in China has attracted more semiconductor suppliers to expand in the country's South. A local automotive power semiconductor...
Monday 31 July 2023
Asia Optical optimistic about automotive lens growth
Optical components maker Asia Optical has seen good demand for automotive and compact digital camera lenses, noting that its automotive lenses have entered the supply chains of Tesla,...
Monday 31 July 2023
Concern about chip supply vulnerability arises as China integrates AI into car technology
Generative AI is expected to gain more exposure in future cars. Tesla and some China-based car companies are trying to integrate AI into their technologies. While commercialization...
Friday 28 July 2023
Ford blames EV price war for delay in plans to boost output
Ford Motor Co.'s is throttling back on plans to ramp-up electric vehicle production, pointing the finger at a price war for battery-powered vehicles.
Friday 28 July 2023
Samsung on track to expand memory production cutbacks in 2H23
Samsung Electronics is on track to expand production cutbacks on both DRAM and NAND flash chips to accelerate a memory market rebound in the second half of 2023, after its Device...