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2024-12-04

[News] CEO Resignations Reportedly Hit Record High: Over 1,800 This Year

According to a report from Yahoo Finance, from aviation giant Boeing to automotive powerhouse Stellantis and struggling chipmaker Intel, a wave of CEO departures has swept across global corporations. This year, over 1,800 CEOs worldwide have stepped down, setting a new record. The report by Yahoo...

2024-12-03

[News] A Quick Recap: Impact of the Latest U.S. Chip Export Curbs on China and Global Semiconductor Giants

A new round of U.S. export crackdown on China’s semiconductor industry has been kicked off on Monday. As the new measures include export bans targeting roughly 140 companies, concerns have been raised about whether China would still be able to make advancements in the domain. However, according...

2024-12-03

[News] Intel CEO Gelsinger Steps Down Amid Board’s Frustration Over Slow Recovery Efforts

Intel announced that CEO Pat Gelsinger retired from the company on December 2, sending shockwaves through the semiconductor industry. According to a Bloomberg report citing sources, Gelsinger was reportedly forced into retirement last week after the board of directors lost confidence in his plans...

2024-12-03

[News] TSMC Reportedly Enlists U.S. Legal Experts to Conduct Strict Contract Reviews on 7nm and Below

Amid stringent regulations on China’s semiconductor development, TSMC is said to be requested by the U.S. to suspend shipments of all its 7nm or more advanced chips to the AI/GPU clients in China. According to the latest report from Commercial Times, TSMC has been proactively conducting reviews to...

2024-12-03

[News] China’s Leading EV Maker Rises as a Major Assembler of iPads

BYD, often hailed as Tesla's top competitor, has been steadily expanding its influence in the electronics manufacturing sector. According to The Wall Street Journal, BYD has emerged as the major assembler of iPads and supplies titanium frames for iPhones. The company has deployed over 110,000 employ...

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