09
May
08
May
Robust aftermarket drives Tong Yang’s automotive parts sales
Taiwan-based Tong Yang Group announced its operating results for April 2024 on May 7. The leading car components supplier also revealed that it had purchased land at the Cigu Technology Industrial Park in southern Taiwan to expand production.
08
May
Murata sees smartphone components recovery in 2024
MLCC manufacturer Murata Manufacturing Co., Ltd. stated that demand for components in smartphones is recovering, and there is also expected growth in demand related to automotive electrification. Therefore, Murata anticipates an increase in revenue and profit margin for the fiscal year 2024 (April 2024 to March 2025).
08
May
AI server demand fuels DRAM titans battle over HBM
The surging of AI servers has skyrocketed the demand for High-Bandwidth Memory (HBM).
08
May
Vision Pro Gen 2 rumored for 2026; Apple searching for less expensive Micro OLEDs
Latest reports indicated that Apple is developing a new iteration of its mixed reality (MR) headset Vision Pro but it may not be available until the end of 2026 at the earliest.
08
May
US government to grant small, medium-sized auto suppliers US$100 million for EV transition
The US is giving its automotive industry another boost toward EVs. The federal government will offer over US$100 million in grants to help small- and medium-sized automotive components suppliers expand or retool their production facilities.
08
May
Ubiqconn targets Southeast Asia’s low-Earth orbit satellite boom
Ubiqconn Technology is strategically positioning itself to capitalize on the burgeoning prospects of Low-Earth Orbit (LEO) satellite development in Southeast Asia. The company underscores the region’s plethora of islands, sparse rural population density, and rapid economic progress as key factors fueling the immense potential for LEO satellite ventures.
08
May
Apple’s China iPhone shipments soar 12% in March after discounts
Chinese iPhone shipments jumped about 12% in March after Apple Inc. and its retailers slashed prices, official data showed, suggesting efforts to arrest an accelerating decline in sales are yielding early results.
08
May
SoftBank is said in talks to buy troubled AI chip firm Graphcore
SoftBank Group Corp. is in talks to acquire Graphcore Ltd., a struggling British semiconductor startup once valued at $2.8 billion, according to people familiar with the deals.
08
May
EU’s AI Act: a milestone in legislation or a regulatory nightmare?
The European Parliament made a significant announcement on March 13, 2024, declaring the passage of the “AI Act,” set to be implemented in phases beginning in mid-2025.