Elon Musk’s quick visit to China paid immediate dividends, with Tesla Inc. clearing two key hurdles to introduce its driver-assistance system to the world’s biggest auto market.
Taiwanese semiconductor company MediaTek has said it is bullish on India and expects to grow in R&D and market penetration. Speaking to Digitimes Asia recently, Anku Jain, MD of MediaTek India, mentioned although the pace of growth will depend on various factors, they are committed to growing their presence here.
The Economic Times quoted sources saying that Tata Electronics, which joined the ranks of Apple suppliers in recent years, is now engaged in internally developing very sophisticated and highly precise CNC tools essential for manufacturing these iPhone casings.
Samsung Electronics has been actively promoting the open-source instruction set architecture, RISC-V, as a crucial technology for developing next-generation AI chips. However, the ongoing investigation by the US Department of Commerce (DOC) into potential national security risks resulting from China’s proactive involvement in RISC-V could hinder Samsung’s RISC-V ecosystem development plans.
Despite sluggish growth, the global TV industry is witnessing a surge in demand for extra-large screens, driven primarily by the Chinese market’s appetite for 100-inch TVs. This trend not only helps alleviate panel production constraints but also underscores the dominance of key brands.
In a bold move towards transformation, Hon Hai has outlined its strategic pivot, emphasizing the pivotal role of AI and the development of smart cities and electric vehicles. Since 2019, the company has strategically positioned itself in three key future industries: electric vehicles, digital health, and robotics, alongside three core technologies: artificial intelligence, semiconductors, and next-generation communications.
Responding to various rumors about the company’s operations, MediaTek CEO Rick Tsai not only mentioned that the annual revenue growth rate of flagship smartphone SoCs will exceed 50% but also set a goal of achieving a 30% market share in the Chinese flagship smartphone market in the short term.