Liteon eyes 20% automotive revenue share with innovative solutions amid market upswing

Global car sales are projected to grow slightly to around 90 million units in 2024, a modest increase that remains significant for supply chain players, according to Liteon Technology president Anson Chiu. He emphasized that there is no need for concern regarding overall market performance, as the company anticipates its revenue share from automotive electronics will surge to 15-20% in the future, driven by rising demand for high-value products.

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HDMI’s role in AI PCs, 8K, AR: Q&A with HDMI Licensing Administrator CEO Rob Tobias

From stunning 4K movie visuals to smooth performance in high-refresh-rate gaming, HDMI is vital for connecting devices and enhancing the audiovisual experience. Since its introduction, HDMI has evolved from supporting 1080p resolution to now accommodating up to 10K. This progression has been key in meeting the increasing demands of modern entertainment and high-performance technology.

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Cloud titans shake up IMTS 2024: GenAI and data analytics drive manufacturing evolution

For the first time in history, cloud giants Google, Microsoft, and Amazon Web Services (AWS) made an appearance at the 2024 International Manufacturing Technology Show (IMTS) in Chicago. Traditionally, the event has been a gathering ground for mostly “big iron” tool manufacturers, prompting observers to question if an AI-fueled industrial shift has arrived.

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SolarEdge warns of rising cyber threats as energy sector goes digital

As the energy sector’s digital transformation accelerates, energy infrastructure is increasingly reliant on Internet technologies and Internet of Things (IoT) devices, raising concerns about heightened cybersecurity risks. SolarEdge, a leading energy equipment manufacturer, warned that the growing integration of IoT and artificial intelligence (AI) technologies is increasing the likelihood of cyberattacks, underscoring the critical need for stronger cybersecurity measures in the industry.

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Samsung’s strategic cost-cutting: its next move to restore global competitiveness

Samsung Electronics, facing difficulties in its wafer foundry business, has implemented cost-cutting measures, including the cancellation of on-site events and a slowdown in investment. Experts suggest that for Samsung to regain its competitive edge in the semiconductor market, it needs to restructure its organization and clarify its division of labor.

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