Large area display unit and area shipments to grow in 2023, says Omdia
Shipments of large-area display in 2023 will increase by 0.8% in unit and 3.5% in area, according to Omdia.
24
Mar
24
Mar
Toshiba board reportedly OKs takeover by JIP-led group
Toshiba’s board of directors has approved a JPY2 trillion (US$15.3 billion) offer from a consortium led by Japan Industrial Partners (JIP) to buy the company, according to local media reports in Japan.
24
Mar
Pegatron chairman notes the trend of ‘small AI’ chips amid a new wave of AI arms race
In a discussion with the famed AI scientist Fei-Fei Li at a forum on March 23, Pegratron chairman T.H. Tung remarked that the current stage of AI development is still not mature enough to replace humans, though AI will strengthen human judgment. Notably, Tung observed that in the new wave of AI arms race, the IC design industry has started to develop “small AI” chips.
24
Mar
Connector maker Foxlink expects sales growth in 2023
Connector and cable maker Foxlink has expressed optimism about its performance this year, citing strong demand for USB Type-C interface devices.
24
Mar
VC Investment in China-based GPU startups dropped in 2022
While AI-generated content has driven NVIDIA’s price up more than 100% for the past six months, China-based GPU providers are not benefiting from the hype, with investment dropping both in fundraising rounds and amount.
24
Mar
China’s cloud market expected to have 12% growth in 2023
The latest survey report showed that in 2022, China’s cloud market only grew by 10%, reaching US$30.3 billion. The fourth quarter of 2022 was especially rough, reporting only 4% growth and performing way under market expectations. This highlighted that as the economic situation deteriorates, corporations are less willing to shift IT resources to the cloud and instead focus more on operational cost-effectiveness.
24
Mar
Horizon Robotics accelerates adoption of Navigate on Autopilot in China
Navigate on Autopilot (NoA) has become the standard feature of an intelligent car in recent years. China-based AI chip maker Horizon Robotics launched the Journey 5 chip, boasting high computing power and performance. It has formed partnerships with OEMs to speed up the adoption of automotive AI chips locally.
24
Mar
Apple dominates high-end market as Samsung’s smartphone business flounders
Samsung Electronics’ smartphone business has hit the rocks. In 2022, Apple captured eight spots in the list of top 10 best-selling smartphones, while Samsung managed to occupy only 2 spots with 2 entry-level models. Its premium, models such as the Galaxy S series, were nowhere to be seen. Samsung is urgently looking for a strategy to boost profits through high-end phones.
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Mar
L&K lands over NT$18 billion worth of orders for new UMC fab in Singapore
So far in 2023, cleanroom contractor L&K Engineering has secured orders totaling NT$18.62 billion (US$613.7 million) from United Microelectronics (UMC) for the pure-play foundry’s new fab in Singapore.
24
Mar
India’s Amara Raja to make Li-ion cells optimized for local driving conditions
Leading Indian battery manufacturer Amara Raja Batteries has said they intend to establish a new manufacturing plant operating at a giga-scale capacity, with a primary focus on producing Li-ion cells and battery packs that are optimized for the unique conditions found in India. The move is part of the company’s efforts to transition from being just a lead-acid battery maker to an energy and mobility player.