According to a report from MyDrivers, citing Reuters, sources suggest that Chinese automakers are closely monitoring Volkswagen Group’s plans to shut down its factories in Germany. Acquiring one of these facilities could offer Chinese carmakers a valuable opportunity to enhance their presence with...

Japanese automobile giants Honda and Nissan have entered formal discussions to merge a month ago, as they aim to become the world’s third-largest automaker by sales. However, to further rule out the possibility that third party ownership could impact negotiations, Honda is said to be urging Nissan...

Following Huawei’s launch of the world’s first tri-fold smartphone, Mate XT, in last September, Samsung has also geared up for its new tri-fold model. According to a report from South Korean media outlet The Elec, the company is expected to start component production in the second quarter of 202...

According to a Commercial Times report, citing Global Times, China’s Ministry of Commerce announced on January 16th that it has received complaints from domestic companies regarding U.S. firms benefiting from subsidies under the U.S. CHIPS Act and exporting mature-node chips to China at low prices...

Amid market concerns that major memory firms have been gradually scaling down their legacy NAND production, the reports from Business Korea and Sedaily, citing Korea Customs Service data, validate the worries. In the fourth quarter of 2024, South Korea's NAND flash exports dropped 13.1% year-over-ye...