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Emerging tech, businesses news coverage
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Tuesday 21 March 2023
Baidu's Kunlun Xin not only focuses on AI, but also eyes self-driving
China's Baidu recently announced the AI product "ERNIE Bot," which uses the second generation of Kunlun AI chip in its model. Besides focusing on AI chip development, Baidu is also...
Tuesday 21 March 2023
Automotive, industrial IC demand remains brisk
Despite persistently weak demand for PCs, handsets, and consumer electronics devices, the automotive and industrial sectors continue to see robust momentum, with supplies of certain...
Tuesday 21 March 2023
Nvidia finds strength in AI era
Nvidia, which possesses key AI and GPU software and hardware capabilities, has been thrust into the spotlight over the last two years, driven by the growth of the metaverse and the...
Monday 20 March 2023
Thermalytica backs Japan's hydrogen strategy with thermal insulation material TIISA for cryogenic hydrogen storage and transportation
Japan-based Thermalytica achieved a breakthrough in the development of a super insulation material that significantly enhances the efficiency and cost-competitiveness of transporting...
Monday 20 March 2023
AI visual inspection in electronics manufacturing
With over 35 years of experience in electronics R&D as well as manufacturing, Might Electronics, launched a new plant in October 2021, which expanded its production capacity in...
Monday 20 March 2023
XPeng sees single-digit vehicle margin in 2022, expecting weak 1Q 2023
China-based XPeng finished 2022 with its vehicle margin decreasing from 11.5% to 9.4%. The EV company, which has been under an organization restructuring, plans to further its cost...
Monday 20 March 2023
Pegatron aims to boost car electronics revenue beyond 10% while maintaining cautious outlook for 2023
On January 14, Pegatron Corporation, the leading contract manufacturer, held an investor conference. The company released the financial reports for 2022Q4 and the entire 2022, as...
Monday 20 March 2023
Qualcomm opens advanced engineering, testing center in Taiwan
Qualcomm has recently inaugurated its advanced engineering and testing center in Hsinchu, northern Taiwan to provide services for Taiwanese semiconductor supply chain partners, and...
Monday 20 March 2023
Indonesia needs sales momentum to boost local content manufacturing
Indonesia's EV subsidies are taking effect today on March 20. As the program was announced earlier this month, the government is providing purchase subsidies to achieve sales goals...
Monday 20 March 2023
USI mulls acquiring TE Connectivity's automotive solutions biz
EMS provider Universal Scientific Industrial, a subsidiary of ASE Technology (ASEH), is considering acquiring TE Connectivity's automotive solutions business for an estimated US$48...
Monday 20 March 2023
Qualcomm steps up procurement in Taiwan
Qualcomm has stepped up its procurement from Taiwan, where the chip company is expanding its local operations by adding a new factory building.
Friday 17 March 2023
US provides US$750m funding for clean hydrogen research and development
The US Department of Energy (DOE) announced on March 15 a funding opportunity of US$750 million for research, development, and demonstration efforts to reduce the cost of clean hydrogen...
Friday 17 March 2023
LiDAR provider Hesai first time reports 66.9% revenue increase in 2022
China-based LiDAR provider Hesai Technology released its first public financial report on March 15. The company achieved a 66.9% increase in net revenues in 2022, with product shipment...
Friday 17 March 2023
South Korea’s battery giants are in hot demand from US to Europe
South Korea's biggest battery event of the year turned into a beauty parade of US, European and Australian officials all trying to lure investments to their regions.
Friday 17 March 2023
Chinese automakers spurring self-sufficient supply chain
China's car market, as the biggest in the world, can provide enough momentum to allow the country to develop a self-sufficient supply chain amid expanding US trade sanctions, according...