Intel is undergoing its most sweeping transformation in decades under new CEO Lip-Bu Tan, who is steering the company away from the ambitious—but turbulent—era of Pat Gelsinger. Since taking the helm in early 2025, Tan has moved quickly to flatten Intel’s management structure, tighten focus on customer needs, and realign the company around software-driven, AI-centric chip development.
China is rapidly expanding mature-node chip production at key sites, including SMIC’s fabs in Beijing, Shenzhen, Shanghai Lingang, and Xiqing; Hua Hong Semiconductor’s phase-two 12-inch fab in Wuxi; Nexchip Semiconductor’s N3 facility; and the second-phase 12-inch project by Beijing Yandong Micro Electronic. With these ongoing investments, analysts estimate China’s global share of 28nm capacity could exceed 31% by 2027.
The New Taiwan dollar (NT$) surged by NT$0.953 against the US dollar (US$) on May 2—an appreciation of nearly 3% in a single day. This marked the currency’s strongest single-day gain in more than three decades.
LG Display has become the world’s first company to successfully verify the commercialization-level performance of blue phosphorescent OLED panels on a mass production line. The achievement comes about eight months after the company partnered with UDC to develop blue phosphorescence, and is considered a significant step closer to realizing a “dream OLED” display. In the display industry, “dream…No account yet?
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