Making his debut as CEO at the Intel Vision conference on Monday in Las Vegas, Lip-Bu Tan shared his strategic vision and turnaround plans for the company. According to a report by ijiwei citing Bloomberg, Tan mentioned that Intel needs to divest non-core assets as part of its refocusing efforts. ...

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...