Monthly Archives: March 2024

[News] Xiaomi Car Sales Soar, Suppliers Revealed

On March 28th, Xiaomi officially launched the electric vehicle Xiaomi SU7, featuring three configurations: the standard version priced at CNY 215,900, the Pro version at CNY 245,900, and the Max version at CNY 299,900. According to Xiaomi Automotive’s Weibo account, …

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[News] US Reportedly Targets Key Chip Manufacturing Equipment, Urges Allies to Tighten Maintenance Services

The US government, according to a report from Reuters, is asking allies to stop domestic companies from servicing certain chip-making tools for Chinese customers, a U.S. Commerce department official said on March 27th. “We’re pushing for not servicing of those …

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TrendForce 2024 Deep UV LED Market Trend and Product Analysis- Technological Innovations to Drive Expanded Applications

According to TrendForce’s report “2024 Deep UV LED Market Trend and Product Analysis", the UV LED market value is expected to reach USD 309 million in 2028, thanks to application expansion to fields such as curing, medical, disinfection/purification, photocatalytic air …

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[News] Sales Decline Leads to Sharp Profit Drop for SMIC in 2023

SMIC, the leading semiconductor foundry in China, announced its financial results on March 28th. The company’s revenue for 2023 was USD 6.32 billion, a decrease of 13.1% compared to the previous year. However, the net profit for the full year …

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[News] Addressing AI PC Chip Solutions, Intel and Qualcomm Reportedly Unveil Respective Strategies

With the rapid advancement of AI-powered PC chips, industry giants like Intel, AMD, and Qualcomm, alongside various brands, are optimistic about the inaugural year of AI PCs entering the market. According to a report from Commercial Times, chip manufacturers are …

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