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.

In a bold move towards transformation, Hon Hai has outlined its strategic pivot, emphasizing the pivotal role of AI and the development of smart cities and electric vehicles. Since 2019, the company has strategically positioned itself in three key future industries: electric vehicles, digital health, and robotics, alongside three core technologies: artificial intelligence, semiconductors, and next-generation communications.

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.

Steve Chen, General Manager of Corporate Administration at Win Semiconductors, the leading gallium arsenide (GaAs) wafer foundry, stated that with the increase in smartphone shipments and the recovery of the Wi-Fi market, the foundry is pleased to see the industry trends returning, expecting revenue and gross margin to benefit accordingly.