Samsung Electronics recently established the Galaxy Value Innovation team, preparing to venture into the refurbished smartphone market. The hope is to enhance the value of the Galaxy smartphone brand and further boost sales of new devices.
The time it's taking for some of China's electric car makers to pay suppliers is ballooning — a further sign of stress in the nation's increasingly cutthroat auto market.
Samsung Electronics and SK Hynix reported a surprising increase in semiconductor inventories in the first quarter, even as the memory market improved. The companies attributed the rise to accounting adjustments that reflected higher memory prices and reduced provisions in their income statements.
Indian solar energy company Orb Energy has reduced its reliance on Chinese components by over 20% in recent years, in line with the general trend of diversifying supply chains.
The world's first 10th-generation LCD panel factory, located in Japan's Sakai and operated by Sharp subsidiary Sakai Display Products (SDP), is set to cease production by September 2024. The impending closure has ignited industry concerns regarding how major customers, including Shenzhen MTC, Samsung Electronics, and LG Electronics, will reassess their supply partnerships for transferring orders.
Two senior US lawmakers blasted a Washington-based foundation for secretly accepting money from Chinese telecommunications giant Huawei Technologies Co., saying the move "flies in the face" of efforts to keep foreign adversaries from compromising US research.
The internet giants are building comprehensive ecosystems, in which Generative AI (GenAI) plays a pivotal role. "From cloud to the edge" will be an inevitable trend.
Samsung Electronics has released its business report, revealing changes in its top five clients for the first quarter of 2024. In the latest report, two US-based companies, Bestbuy and Qualcomm, have been replaced by Chinese semiconductor suppliers.
Recent data indicates an uptick in semiconductor industry inventories, particularly among top chip companies capitalizing on the AI trend. While China has witnessed a rise in listed semiconductor firms, it continues to face challenges, particularly in the memory business sector.
Honda Motor is trying to catch up with its competitors in the global EV market. The Japanese automaker aims to inject JPY10 trillion (US$65 billion) into its EV efforts and launch seven EV models under its flagship series by 2030.
Due to the increasing competitiveness of end-use products, industries from semiconductors, electronic components to assembly plants, have faced challenges in improving yield rates and boosting production speeds.
Robust AI server demand in China boosted the sales performance of Inspur Electronic Information Industry Systems (IEIT) and Foxconn Industrial Internet (FII) in the first quarter of 2024.
