China's largest foundry operator, SMIC, surpassed the US$2 billion revenue mark for the first time in the third quarter of 2024. Meanwhile, companies like CXMT and JHICC are aggressively lowering DDR4 prices, making their products up to 50% cheaper than those from Samsung Electronics and SK Hynix
Amid global economic uncertainty and shifting geopolitics, multinational corporations face tough strategic decisions. STMicroelectronics has made a striking move, announcing plans to collaborate with Hua Hong Semiconductor, China's second-largest foundry, to produce 40nm microcontroller units (MCUs) locally by 2025. Hua Hong confirmed the partnership, as reported by China Electronics News
Micron has intensified its recruitment efforts in South Korea, targeting university campuses with "on-the-spot hiring" initiatives. Previously focused on hiring experienced engineers from companies like Samsung Electronics, the company is now pivoting to fresh graduates amid a growing global talent shortage
Recent reports claim that OpenAI is in discussions with Samsung Electronics (Samsung) regarding a collaboration to integrate ChatGPT into their devices, which could mirror Apple's approach. The actual partnership dynamics, along with Samsung's existing relationship with Google, are drawing significant attention
According to Science and Technology Daily on October 16, ChatGPT's emergence has spurred unprecedented growth in AI innovation, with China experiencing a rapid surge in AI computing power development. The country has over 250 AI computing centers that are either built or under construction nationwide
South Korean companies have increasingly focused on OLED technology to differentiate themselves from Chinese competitors in the television market. However, recent comments from Jun Zhao, CEO of TCL China Star Optoelectronics Technology (TCL CSOT), suggest a potential shift in this dynamic
A recent Ericsson Mobility Report published on November 26 indicates that 5G subscriptions in India, Bhutan, and Nepal will surpass 270 million by the end of 2024, accounting for 23 percent of all mobile subscriptions within the region
India's Centre for Development of Advanced Computing (C-DAC) has launched the ChipIN Centre as a central hub for semiconductor design, providing comprehensive tools and resources to support the country's chip design community
SK Hynix has reportedly begun mass production of its 321-layer 1Tb TLC 3D NAND Flash products, posing a potential threat to Samsung Electronics' (Samsung) leading position. This development is drawing significant attention from the market
On November 26, BYD announced a directive requiring its suppliers to implement a 10% cost reduction starting January 1, 2025. Following this, SAIC Maxus has reportedly launched a similar initiative, also targeting a 10% cost cut across its upstream supply chain, further intensifying market-wide cost optimization efforts
Taiwan-based pure-play foundry PSMC is building a 12-inch wafer fab for Tata Electronics in India, and Lam Research, eyeing growing Indian opportunities, plans to set up an office at the fab
US President-elect Donald Trump's latest announcement of a 10% tariff on Chinese imports has created waves in international markets. While the relationship between this new tariff and his previous statements about imposing a 60% tariff on all Chinese goods remains unclear, analysts view this move as an opening gambit, marking the administration's first concrete trade action since his election victory
LG Group convened a board meeting to finalize senior leadership changes across its subsidiaries. While overall promotions were scaled back, the company emphasized advancing R&D talent and increasing representation among women and younger professionals, reinforcing its commitment to innovation and long-term growth strategies
LG Electronics has announced a major organizational restructuring aimed at shifting from a product-focused strategy to a solution-driven approach. This strategic realignment seeks to drive sustainable business growth while bolstering the company's competitive edge
