Microsoft Corp. will invest $1.7 billion to build out cloud computing and artificial intelligence infrastructure in Indonesia, betting on Southeast Asia's biggest economy to spur growth.
Amid sluggish iPhone sales, Samsung Electronics and Chinese smartphone brands have begun to take advantage of this gap and expand their inventory of smartphones and OLEDs to seize market shares. This drove the utilization rates of OLED production lines for mid-to-low-end smartphones at Samsung Display (SDC), BOE, TCL CSOT, and other manufacturers.
Notebook production in Vietnam has increased dramatically, making the country the second largest source of imports to the US behind China, according to government sources.
The Times of India, citing senior officials in the Indian government, said that India is considering launching a new multi-billion-dollar incentive package for semiconductor companies. This move comes as the previous Rs 760 billion plan, introduced in December 2021, is nearing exhaustion.
Major telecom equipment companies are now bracing for a gloomy 2024 as the global Radio Access Network (RAN) market remains in the doldrums, with Ericsson expecting a depressed market until at least the end of the year. For China-based equipment makers, however, this might as well be news from another universe.
Elon Musk's quick visit to China paid immediate dividends, with Tesla Inc. clearing two key hurdles to introduce its driver-assistance system to the world's biggest auto market.
After getting a jump on competitors in the latest round of China's electric-vehicle price war, BYD Co. now faces a key test of proving that it can withstand the impact on profits.
Taiwan's major NAND controller manufacturer Phison Electronics has decided to establish a startup company, MaiStorage, with an investment of MYR 100 million (US$21.09 million).
Responding to various rumors about the company's operations, MediaTek CEO Rick Tsai not only mentioned that the annual revenue growth rate of flagship smartphone SoCs will exceed 50% but also set a goal of achieving a 30% market share in the Chinese flagship smartphone market in the short term.
Samsung Electronics has been actively promoting the open-source instruction set architecture, RISC-V, as a crucial technology for developing next-generation AI chips. However, the ongoing investigation by the US Department of Commerce (DOC) into potential national security risks resulting from China's proactive involvement in RISC-V could hinder Samsung's RISC-V ecosystem development plans.
The Economic Times quoted sources saying that Tata Electronics, which joined the ranks of Apple suppliers in recent years, is now engaged in internally developing very sophisticated and highly precise CNC tools essential for manufacturing these iPhone casings.
Taiwanese semiconductor company MediaTek has said it is bullish on India and expects to grow in R&D and market penetration. Speaking to Digitimes Asia recently, Anku Jain, MD of MediaTek India, mentioned although the pace of growth will depend on various factors, they are committed to growing their presence here.
