Foxconn Technology (Hon Hai) recently announced that its subsidiary, Foxconn Assembly LLC., has successfully leased two plants in Houston, Texas, with a total lease value of approximately USD 56.5538 million. This move is seen by the market as part of Foxconn’s continued efforts to expand its AI s...

On June 3, semiconductor device supplier GigaDevice officially announced the establishment of its international headquarter in Singapore, which marks a critical step in the company’s journey toward globalization and demonstrates its long-term commitment to deepening customer collaboration, buildin...

Amid China’s semiconductor consolidation wave to push back against U.S. pressure, local foundry giant SMIC announced on June 5 it is selling its full 14.83% stake in SMIC Ningbo to Shenzhen-listed Goke Microelectronics, according to Sina and the Science and Technology Innovation Board Daily. Pe...

According to a report from MoneyDJ, citing Nikkei, Japanese NAND flash memory giant Kioxia announced its mid- to long-term business plan on June 5, aiming to double its production capacity by fiscal 2029 compared to fiscal 2024 by expanding production lines at its two main facilities in Japan—the ...

Intel's new CEO, Lip-Bu Tan, has been working to turn the company around. According to Tom’s Hardware, Intel has stopped approving new projects unless they can demonstrate a projected gross margin of at least 50%, based on industry expectations, as stated by Intel Products CEO Michelle Johnston Ho...