SMIC is advancing the second phase of its Beijing wafer fab, set to break ground in early 2025. The project, expected to be the city’s largest logic IC foundry, comes with a total investment of at least CNY50 billion (approx. US$6.86 billion).
Baidu’s fourth-quarter revenue fell 2% to CNY34.1 billion (approx. US$4.68 billion) as China’s search giant grapples with intensifying competition in artificial intelligence and a weakening digital advertising market.
Samsung Display (SDC) and China’s BOE are targeting Apple’s next-generation OLED device market through investments in 8.6-generation IT OLED production lines. However, South Korean market analysts predict that SDC will likely become the exclusive supplier of OLED panels for Apple’s MacBook series launching in 2026, citing BOE’s potential challenges in achieving satisfactory initial yield rates.
A South Korean market research firm predicts that while the OLED TV market growth has stagnated, South Korean television manufacturers must leverage OLED technology to maintain their position in the premium segment.