Luxshare to acquire nine Wingtech ODM subsidiaries
Dec 31, 2024 · Wingtech, a Chinese ODM and IDM powerhouse, announced on December 30 that it has signed a letter of intent to transfer the equity and operating assets of nine ODM …
Unisoc secures US$448 million funding to boost 5G chip …
Dec 5, 2024 · Tsinghua Unigroup's chip subsidiary Unisoc announced plans to secure an additional CNY2 billion (US$448 million) in equity financing, following its earlier CNY4 billion …
Weekly news roundup: global semiconductor landscape shifts as …
Dec 16, 2024 · The global semiconductor industry is experiencing significant shifts in late 2024, with TSMC cementing its dominance in advanced chip manufacturing while rivals Samsung …
Samsung to enter 2nm production in 2025, challenging TSMC
Dec 17, 2024 · TSMC and Samsung Electronics (Samsung) are set to begin mass production of 2nm technology starting in 2025. Both industry giants are actively vying for customer orders. …
AMD hits record server market share in 3Q24 as Intel counters in …
Nov 18, 2024 · The report indicates AMD achieved a record 33.9% revenue share in server-related chips in the third quarter of 2024. This reflects a modest increase from the previous …
Tesla escalates China EV price war ahead of 2025
Dec 26, 2024 · Tesla China has reduced the starting price of its Model Y rear-wheel drive model to CNY239,900 (US$32,870) on its official website, making it the lowest-priced version of this …
South Korea passes AI Basic Act amid political turmoil
Dec 27, 2024 · South Korea's parliament passed the "Act on the Development of Artificial Intelligence and Establishing a Trustworthy Foundation" (AI Basic Act) on December 26, 2024, …
2024 review: India's growing electronics and semiconductor ...
Dec 31, 2024 · As 2024 draws to a close, India's electronics manufacturing and semiconductor industries have shown steady growth throughout the year, driven by global supply chain …
Foxconn's succession model: interview with Chairman Young …
Dec 31, 2024 · Since taking over as Foxconn chairman in 2019, Young Liu has steered the company through a series of global challenges, including the pandemic, supply chain …
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