MediaTek, the leading smartphone AP supplier in India, sees the country as a promising market for its automotive technology. The company is focusing on providing scalable hardware and software solutions while prioritizing safety and reliability for the automotive sector.

China-based foundries are rapidly expanding their capacity for mature logic IC processes, limiting local NOR production capability. As a result, global NOR flash supply and demand are close to equilibrium, with supply expected to be constrained in 2025, according to industry sources.

Google’s defeat in an antitrust suit filed by the Justice Department has cast a shadow over partner Apple Inc., which generates roughly US$20 billion per year in payments from the internet search giant.

The current hypergrowth in GPUs and other accelerator chips for AI in the cloud and the data center will eventually decelerate but not until it has transformed the industry, according to Omdia. The market will ultimately reach US$151 billion in 2029, having grown from just under US$10 billion in 2022 to US$78 billion this year.