18
Dec
17
Dec
Asia’s floating wind race: South Korea, Taiwan set sail as Japan stays in port?
The competition to dominate Asia’s nascent floating offshore wind market is intensifying, with Taiwan and South Korea emerging as frontrunners while Japan’s cautious approach risks leaving it behind in the region’s renewable energy transformation.
17
Dec
Tech giants prioritize cost-performance ratio for AI investment; Nvidia’s computing clusters gain traction
US cloud service providers (CSPs) are entering a new phase of AI investment, with continued growth in capital expenditures (capex), driving short-term demand for high-end AI chips. However, the lack of clear returns on these investments means tech giants are increasingly focusing on cost-performance ratios in their AI strategies.
17
Dec
Xiaomi’s CNY100 billion cash reserve is seen as lifeline for its automotive ambitions
Given the current competitive landscape among Chinese automakers, it is not surprising that new entrants face challenges in vehicle manufacturing. However, Ji Yue’s recent turmoil seems to have inadvertently provided an opportunity for its competitor, Xiaomi, especially since CEO Jun Lei had previously boasted about ensuring 18 months’ worth of salaries for employees, drawing renewed attention from the public.
17
Dec
Baidu’s car dream crashes as Ji Yue Auto spirals, exposing the pitfalls of automaking
Ji Yue Auto’s sudden collapse has jolted the industry, marking a sharp and unceremonious shift in Baidu’s automotive ambitions. Once the tech giant’s symbol of its car-making aspirations, Ji Yue’s overnight downfall signals Baidu’s potential retreat from the automaking arena. The move highlights the mounting difficulties of sustaining vehicle production in a sector notorious for high risk and heavy investment.
17
Dec
Samsung pivots to mature processes in China, navigating US export controls
Samsung Electronics is doubling down on mature process foundry services while strengthening partnerships with IC design firms to expand its footprint in China, carefully navigating US export controls.
17
Dec
Japanese companies in Taiwan decline, expansion seen in semiconductor sector
In recent developments, a report has unveiled a notable shift in the business landscape concerning Japanese companies operating in Taiwan.
17
Dec
Taiwanese power equipment supplier Fortune Electric targets over 50% export sales in 2025
Leading heavy electrical equipment maker Fortune Electric has seen 2024 revenue and profit surpass last year’s levels, as its order backlog now extends to 2027-2028, according to company president I-te Hsu. The company expects exports to account for as much as 50% of its revenue in 2025, which will help boost its bottom line as exports are more profitable than sales to Taipower and other green energy products.
17
Dec
LGD’s OLED gamble: a decade of investments tested as market stalls
LG Display (LGD) has spent over a decade investing in OLED TV panel technology. However, the market’s growth remains sluggish as Samsung Electronics and Chinese manufacturers prioritize LCD TVs. Analysts anticipate a limited recovery in the OLED TV market before 2025.
17
Dec
China targets Nvidia as cloud firms navigate AI chip restrictions
The Chinese government has ramped up actions against Nvidia, including reopening antitrust investigations and abruptly removing all products from the company’s Tmall flagship store. These measures are widely viewed as Beijing’s response to recent US Department of Commerce sanctions.