Monthly Archives: January 2025

[News] BYD Achieves Record 2024 Sales, Challenging Tesla’s Lead

Posted on 2025-01-02 by TrendForce

According to a report from Central News Agency, China’s automotive leader BYD announced on the 1st that its 2024 new energy vehicle (NEV) sales reached 4.272 million vehicles, marking a substantial 41% YoY increase and setting a new historical high. …

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[News] Chinese Foundry Giant Hua Hong Appoints Former Intel VP as New President

Posted on 2025-01-02 by TrendForce

As 2025 unfolds, a personnel shake-up has taken place in Hua Hong Semiconductor, China’s second largest foundry. According to the company’s announcement and a report from Chinese media outlet ICsmart, it has named Peng Bai, former global vice president of …

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[News] TSMC Set to Expand CoWoS Capacity to Record 75,000 Wafers in 2025, Doubling 2024 Output

Posted on 2025-01-02 by TrendForce

TSMC is actively expanding its advanced packaging CoWoS capacity, with progress reportedly on track, according to Economic Daily News. Industry sources estimate that, with the inclusion of production capacity from facilities acquired from Innolux (AP8) and those in Taichung, TSMC’s CoWoS …

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[News] TSMC to Lose 2nm Orders? NVIDIA and Qualcomm Reportedly Mull to Team up with Samsung

Posted on 2025-01-02 by TrendForce

With rumors indicating that Apple, one of TSMC’s most critical customers, may delay the adoption of the foundry giant’s 2nm process until 2026, a Commercial Times report, citing Chosun Daily and SamMobile, now suggests that NVIDIA and Qualcomm are following …

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[News] Korean Battery Makers LG Energy Solution, Samsung SDI, and SK On Reportedly Hit by Lower Utilization

Posted on 2025-01-02 by TrendForce

As the merger between Japanese automakers Nissan and Honda highlights the threat from Chinese-made electric vehicles, there may be another fundamental issue which haunts the industry – the waning global EV demand. According to Business Korea, factory utilization rates for …

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