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22 May

Bain-backed Chinese EV services firm NewLink seeks private loan

May 22, 2024
By jeff

NewLink Group, a Bain Capital-backed firm that provides software to sectors including the electric vehicle-related industry, is seeking as much as $100 million in private debt, according to a person familiar with the matter.

22 May

Latest News and Trends

PSMC expects gradual recovery in 2H24

May 22, 2024
By jeff

Pure-play foundry Power Semiconductor Manufacturing (PSMC) anticipates a steady rebound in its operations in the second half of 2024, with an emphasis on the demand for power management ICs and edge AI devices.

22 May

Latest News and Trends

PCB suppliers optimistic about iPhone’s AI benefits; Huawei’s flagship smartphone chips face supply shortage

May 22, 2024
By jeff

In 2024, the consumer electronics market is gradually recovering. However, there are mixed signals in the end-user application market, with some reports suggesting bleak prospects for Apple due to the recent lack of innovative momentum.

22 May

Latest News and Trends

India reiterates import restrictions on IT products

May 22, 2024
By jeff

According to the latest notification, India continued to impose import authorization requirements for certain electronics and IT goods, specifying that new and used electronics and IT products can only be imported if registered with the Bureau of Indian Standards (BIS) and adhere to BIS labeling regulations.

22 May

Latest News and Trends

Japan vows to make 12 million software-defined vehicles by 2030

May 22, 2024
By jeff

Japan is trying to catch up with the US and China in the Software-Defined Vehicle (SDV) segment.

22 May

Latest News and Trends

Generative AI at reasonable prices: Tenstorrent’s strategy according to Chief CPU Architect Wei-han Lien

May 22, 2024
By jeff

With Generative AI and other High-Performance Computing (HPC) demands surging, the costs for AI hardware, infrastructure, and energy consumption are also on the rise. Many companies including OpenAI are finding it getting harder and harder to foot the hefty bill.

22 May

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Industries struggle with workforce imbalance as tech talent flocks to semiconductors

May 22, 2024
By jeff

According to PwC’s 2024 AI Jobs Barometer, AI job growth has outpaced the overall job market by a factor of 3.5 since 2012. An analysis of 2023 salary data and job requirements from the US, UK, Canada, Australia, and Singapore indicates that non-AI technical roles with additional AI skills command an average salary increase of 25%.

22 May

Latest News and Trends

AI PC market surge to spark antennas and sensors opportunities and innovation, industry reveals

May 22, 2024
By jeff

As 2024 is heralded as the inaugural year of AI PCs, the market anticipates a surge in AI-equipped PCs in the latter half of 2024.

22 May

Latest News and Trends

Western European TV Market sees recovery, 2H24 sports events to boost shipments

May 22, 2024
By jeff

As global TV shipments declined in the first quarter of 2024, but demand for 75-inch and larger TVs remained strong. Notably, regional market differences have led to varying brand performances.

22 May

Latest News and Trends

LG partners with Google to unveil ’empathetic AI’ service robot in June

May 22, 2024
By jeff

LG Electronics has established an “AI Robot Alliance” with Google, gearing up to introduce in June a service robot incorporating Google’s latest generative AI, Gemini, as revealed by South Korean industry sources.

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