China smartphone market, 3Q 2024
The Chinese smartphone market saw shipments plummet to below 70 million units in the third quarter of 2024, but will enjoy an over 10% increase in the fourth quarter.
28
Nov
28
Nov
Lam Research to set up office at Tata-PSMC wafer fab
Taiwan-based pure-play foundry PSMC is building a 12-inch wafer fab for Tata Electronics in India, and Lam Research, eyeing growing Indian opportunities, plans to set up an office at the fab.
28
Nov
2025 EV price war looms as SAIC joins supply chain cost-cutting push
On November 26, BYD announced a directive requiring its suppliers to implement a 10% cost reduction starting January 1, 2025. Following this, SAIC Maxus has reportedly launched a similar initiative, also targeting a 10% cost cut across its upstream supply chain, further intensifying market-wide cost optimization efforts.
28
Nov
TSMC donates more 12-inch fab equipment to Taiwan govt
Following a previous donation of two sets of 12-inch wafer equipment to Taiwan’s National Science and Technology Council (NSTC), TSMC has donated an additional three sets to the Ministry of Economic Affairs (MOEA) to create space for new equipment. Additionally, on November 27, the Legislative Yuan’s Economics Committee began reviewing the MOEA’s 2025 budget, which includes NT$580 million (approx. US$17.8 million) allocated for the construction of an R&D base for advanced semiconductors.
28
Nov
Taiwanese firms target wireless charging chip opportunities amid prospects of wearable technology
When the Wireless Power Consortium (WPC) announced the Qi2 wireless charging standard in 2023, attention was on its integration progress into smartphones. Supply chain members, however, believe the real growth lies in its application to wearables like earphones. Unlike the saturated smartphone market, the wearables segment shows significant momentum for expansion, which would boost demand for related chips.
28
Nov
Robust AI server demand to drive Wistron’s triple-digit revenue rise
Wistron anticipates reporting a three-digit percentage increase in its AI server sales for 2024, followed by another substantial three-digit growth in 2025, driven by robust market demand, according to the Taiwan-based ODM.
28
Nov
Innolux sharpens focus on carbon neutrality with innovative energy solutions
Innolux has pledged to cut greenhouse gas emissions by 25% from 2020 levels by 2030, aligning with its carbon reduction goals. The company targets achieving a 20% renewable energy usage ratio (RE20) across its Greater China facilities, emphasizing systematic and innovative strategies to boost carbon reduction effectiveness.
28
Nov
Trump revives tariff strategy: lessons from first term
Drawing from his first term, US President-elect Donald Trump’s latest tariff threats targeting key trading partners—China, Mexico, and Canada—are signaling a strategic opening for negotiations rather than a definitive plan for implementation.
28
Nov
LG makes major division overhauls, shifting from products to solutions
LG Electronics has announced a major organizational restructuring aimed at shifting from a product-focused strategy to a solution-driven approach. This strategic realignment seeks to drive sustainable business growth while bolstering the company’s competitive edge.
28
Nov
LG Group revamps leadership to drive stability and innovation
LG Group convened a board meeting to finalize senior leadership changes across its subsidiaries. While overall promotions were scaled back, the company emphasized advancing R&D talent and increasing representation among women and younger professionals, reinforcing its commitment to innovation and long-term growth strategies.