TSMC revises 2024 sales growth forecast to 24-26%
TSMC expects revenue in US dollars to increase between 24-26% this year, up from its earlier prediction of 21% to 26%.
18
Jul
18
Jul
China automobile export status, 2023
China took the global lead in automobile export in 2023, driven by robust demand for EVs.
18
Jul
Key TSMC earnings takeaways: CoWoS supply-demand balance by 2025, N2 and A16 details
C. C. Wei, chairman and CEO of TSMC, introduced the concept of “Foundry 2.0” and provided additional information regarding the company’s advanced 2nm and A16 process technologies at its investor’s conference on July 18. Wei also addressed the current shortage of CoWoS packaging, which is anticipated to be alleviated by the end of 2025.
18
Jul
XPeng and Baidu lead China’s rise in autonomous driving tech
China’s Electric Vehicle (EV) technology has already matched that of Western countries, and now its autonomous driving technology is also catching up.
18
Jul
Intel builds brand-new interactive experience to showcase AI at Paris Olympics
Intel is set to launch a new initiative at the 2024 Paris Olympics and Paralympics that will introduce innovative AI applications built on Intel’s hardware and software into the two major sporting events. This aims to bring a next-generation interactive experience to event organizers, athletes, spectators, and fans.
18
Jul
Yandex completes US$ 5.4 billion Russo-exit, launches new AI venture powered by Nvidia chips
After nearly two years of negotiations, Russian tech giant Yandex, often called the “Google of Russia,” finalized an asset split on July 15.
18
Jul
Acer to expand brick-and-mortar footprint in India
Acer, a Taiwan-based consumer electronics company, plans to capitalize on its brand value by opening brick-and-mortar stores in India.
18
Jul
TSMC expects around 10% revenue growth in 3Q24
TSMC announced that revenue and margins exceeded guidance in the second quarter of 2024, and it expects revenue for the third quarter to increase 9.5% sequentially at the midpoint.
18
Jul
India reportedly to speed up visa processing for Chinese technicians, clarify investment conditions
To expedite investments and establish a local electronics manufacturing ecosystem, India reportedly plans to speed up visa issuance for Chinese engineers and clarify the conditions under which Chinese investments will be allowed.
18
Jul
Players’ cards in AI server assembly market
Generative AI continues to fuel global server business potential spreading like wildfire. Taiwanese manufacturers dominate the global AI server assembly industry, representing as much as 90% of it. This is due to their exceptional skills in server design, research and development, and contract manufacturing. Taiwan is the primary recipient of this market dominance.