The Chinese smartphone market saw shipments plummet to below 70 million units in the third quarter of 2024, but will enjoy an over 10% increase in the fourth quarter.
In 2024, AI smartphones remain a central focus for major brands and chipmakers, aimed at advancing AI to create all-in-one mobile assistants and revolutionize human-device interaction. Sales during the year’s peak season exceeded supply chain projections, signaling sustained consumer interest.
Leader Electronics’ subsidiary, Leader New Energy, plans to kick off construction on a 40-megawatt (MW) E-dReg project by late 2024. Meanwhile, a 99.9 MW E-dReg energy storage project has secured approval from Taipower for grid connection review.
Quanta Executive VP Alan Tsai projected that within the next one to two years, AI will become as seamlessly integrated into daily life as the internet, no longer perceived as a distinct innovation. Tsai stressed that for individuals to fully harness AI’s benefits, reliance on cloud-based solutions alone will not suffice, highlighting edge AI as an inevitable development.
The automotive industry is experiencing a significant transformation with the rise of electrification and connectivity. Despite this shift, the ecosystem is still in the process of maturing. The automotive semiconductor industry continues to be largely controlled by well-established suppliers from Europe, the US, Japan, and South Korea, even as companies like Tesla and emerging Chinese players make their mark.