While advancing in various tech fronts amid tightening U.S. export curbs, China’s Huawei reported a third straight year of revenue growth in 2024 but suffered a 28% drop in net profit, according to its freshly released annual report. Reports from Reuters and AP attribute this decrease to higher...

While TSMC makes strides in cutting-edge nodes and aims for 2nm mass production by year-end, its Taiwanese foundry counterpart, UMC, is rumored to be exploring a potential merger with U.S.-based GlobalFoundries, as per Nikkei and Reuters. However, the speculation has been denied by UMC, as it sta...

According to a TechNews report citing Nikkei, Japanese food and biotech company Ajinomoto plans to invest at least JPY 25 billion (approximately USD 166 million) by 2030 to boost production capacity of Ajinomoto Build-up Film (ABF)—a key material used in semiconductor substrates—by 50%. As th...

Tech events have showcased a plethora of new startups and well-known brands displaying next-gen augmented reality (AR) smart glasses this year. This further highlights the industry's gradual shift towards AI-assisted AR smart glasses amidst the limitations in new applications development and the con...

Following the unexpected death of the late Vice Chairman Han Jong-hee, focus has been on Samsung Electronics’ upcoming executive appointments aimed at addressing the leadership gap. According to South Korean news outlet EBN, Han had held three major positions concurrently: head of the Device eXper...