Monthly Archives: August 2024

[News] Xiaomi Reportedly to Launch In-House Processor in 2025, Manufactured with TSMC’s 4nm

According to a report from wccftech,  previous claims about Xiaomi abandoning the development of its smartphone processor due to high costs were incorrect. Instead, Xiaomi is expected to release its custom solution in the first half of 2025, with its performance rumored …

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[News] Chinese EV Maker XPeng Tapes out Latest In-House Chip, Boasting Triple the Computing Power of its Rivals

According to a report by 36Kr, China’s EV maker, XPeng Motors, has successfully completed the tape-out process for its self-developed intelligent driving chip. Sources cited by the report further reveal that XPeng’s intelligent driving chip is specifically designed to meet …

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[News] China’s Industrial Profits Continue to Rise in July, But Domestic Demand Remains Weak

China’s industrial profits continued to rise in July, as reported on August 27. According to  the National Bureau of Statistics, the cumulative year-on-year growth rate of profits for large-scale industrial enterprises reached 3.6% from January to July, an increase of …

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[News] Chinese Rivals Said to Recruit Samsung’s Advanced Packaging Business Leader after the Unit Disbanded

Amid the AI boom driving a surge in demand for advanced packaging, Samsung Electronics announced in March its ambition to achieve record-high revenue for the business this year, aiming to surpass the USD 100 million mark. The company, which is eager to …

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[News] Kioxia’s IPO Paves the Way for SK Hynix to Secure Funds for HBM Investment

Kioxia has moved forward with its plans to go public, starting the process on August 23. This development follows Bain Capital, a U.S. private equity firm with a majority stake in Kioxia, submitting an application for the listing to the …

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