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. The growth is primarily attributed to the surging ...

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 Intel, as the new president, effective f...

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 monthly ca...

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 suit, as they are reportedly mulling t...

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 South Korea's leading ...