Leadership change at Nanya PCB as AI, cloud drive 2025 strategy
Tariffs cloud notebook outlook, but mobile chip demand stays hot
GE Vernova and Formosa join forces on hybrid power, LFP battery systems
Formosa Smart Energy Tech, a subsidiary of Formosa Plastics Group, has signed a memorandum of understanding (MOU) with GE Vernova to form a strategic alliance focused on hybrid power and energy storage systems. The partnership aims to combine Formosa’s lithium iron phosphate (LFP) battery expertise with GE Vernova’s global experience in gas-fired power and energy storage technologies.
DRAM prices surge in AI Boom; Samsung and SK Hynix set to benefit
The global surge in DRAM prices, combined with the increasing momentum of artificial intelligence (AI) development in the Middle East, positions South Korea’s memory chip giants—Samsung Electronics and SK Hynix—to benefit significantly from the renewed growth in the semiconductor sector. With both companies at the forefront of this market shift, they are set to capitalize on the rising demand for advanced memory solutions driven by AI innovations and broader technological trends.