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NEWS TAGGED 2024
Friday 19 July 2024
Hyundai Motors to propel hydrogen bus expansion with 300 new charging stations
Hyundai Motor is set to reshape South Korea's eco-friendly bus market by significantly bolstering its hydrogen bus business. The automaker plans to make a substantial investment in...
Friday 19 July 2024
Samsung halts foundry line construction at P4 amid customer challenges
Samsung Electronics is reportedly adjusting its investment pace and postponing the construction of the wafer foundry line at its Pyeongtaek Plant 4 (P4) due to difficulties in securing...
Friday 19 July 2024
Force-MOS kicks off production for USB PD3.1 fast chargers
As Taiwan-based suppliers hone in on opportunities in edge AI applications, power semiconductor manufacturer Force-MOS has eyed personalized AI computing on edge devices with its...
Friday 19 July 2024
Fanuc completes new US facility for automotive robots
Fanuc America, a subsidiary of Japan-based Fanuc, has completed construction of its new West Campus facility in Auburn Hills, Michigan. This marks Fanuc's second US facility since...
Friday 19 July 2024
GTOC sales driven by automotive glass applications
Glass processing service provider G-Tech Optoelectronics (GTOC) has reported strong sales growth for the second quarter of 2024, driven by automotive applications.
Friday 19 July 2024
Foxconn, Luxshare to gain from consumer electronics demand recovery
Demand for smartphones and other consumer electronics is on the rise, prompting device assemblers such as Hon Hai Precision Industry (Foxconn) and Luxshare Precision Industry to prepare...
Friday 19 July 2024
TSMC proposes Foundry 2.0 to alleviate antitrust concerns
TSMC has come up with a new definition of the foundry sector, a move aimed at dispelling market concerns about its dominance, as it braces for possible impacts on the global semiconductor...
Thursday 18 July 2024
Key TSMC earnings takeaways: CoWoS supply-demand balance by 2025, N2 and A16 details
C. C. Wei, chairman and CEO of TSMC, introduced the concept of "Foundry 2.0" and provided additional information regarding the company's advanced 2nm and A16 process technologies...
Thursday 18 July 2024
TSMC revises 2024 sales growth forecast to 24-26%
TSMC expects revenue in US dollars to increase between 24-26% this year, up from its earlier prediction of 21% to 26%.
Thursday 18 July 2024
TSMC expects around 10% revenue growth in 3Q24
TSMC announced that revenue and margins exceeded guidance in the second quarter of 2024, and it expects revenue for the third quarter to increase 9.5% sequentially at the midpoint.
Thursday 18 July 2024
Intel builds brand-new interactive experience to showcase AI at Paris Olympics
Intel is set to launch a new initiative at the 2024 Paris Olympics and Paralympics that will introduce innovative AI applications built on Intel's hardware and software into the two...
Thursday 18 July 2024
XPeng and Baidu lead China's rise in autonomous driving tech
China's Electric Vehicle (EV) technology has already matched that of Western countries, and now its autonomous driving technology is also catching up.
Thursday 18 July 2024
Aeonmotor targets growth with new models and Vietnam expansion
Aeonmotor unveiled the market's first electric touring motorcycle, the EV-C1, alongside the fuel-powered Brera X and the versatile light-duty MK150.
Thursday 18 July 2024
BMW increases car prices in China
BMW, along with Mercedes-Benz and Audi, previously joined the fray in the price war in China's car market for a short period of time, but has now decided to hike prices across its...
Thursday 18 July 2024
Lite-On tackles AI energy paradox with innovative power solutions
The rapid deployment of AI servers by cloud giants is set to dramatically increase power consumption in the coming years. However, this technological advancement presents both challenges...