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2023-11-01

[News] AUO and PlayNitride Sign NT$700 Million Deal for 6-inch Micro LED CoC Line in Taiwan

According to TechNews, AUO held a board meeting and signed a contract with PlayNitride on October 31st. The deal entails PlayNitride assisting AUO in setting up a cutting-edge 6-inch Micro LED Chip on Carrier (CoC) production line at AUO's Longtan Tech Park facility, offering an all-in-one solution....

2023-11-01

[News] With two October Investments, Big Fund Phase II Commits Nearly 19 Billion RMB

Since October, China's National Integrated Circuit Industry Investment Fund Phase II (hereafter referred to as "Big Fund Phase II") has made two significant investments. First, it invested in JCET Group's subsidiary, JCET Group Automotive Electronics (Shanghai) Co., Ltd. (hereafter referred to a...

2023-10-31

[News] Western Digital’s Impressive Results Raise Hopes for Memory Market Revival

On October 30th, major memory manufacturer Western Digital unveiled its financial results for the first quarter of 2024. During this quarter, the company achieved revenue of $2.75 billion, marking a 3% increase compared to the previous quarter but a 26% decrease compared to the same period last yea...

2023-10-31

[News] Xiaomi Establishes a New Car Sales Company, Signaling Its Official Entry into the Car Market

Xiaomi's subsidiary, Shanghai Xiaomi Jingming Technology Co., Ltd., was established recently with a registered capital of 10 million yuan (RMB). The company's scope of operations includes car sales, car wash services, vehicle repair and maintenance, small and micro passenger car rental services, cha...

2023-10-31

[News] PSMC Announces First Plant in Miyagi Prefecture in Collaboration with SBI

Powerchip Semiconductor Manufacturing (PSMC), SBI Holdings, Inc., Japan's Miyagi Prefecture and JSMC signed the Memorandum of Understanding on the 31st, confirming that JSMC's first fab will be selected in Japan. The Second Northern Sendai Central Industrial Park in Ohira Village, Kurokawa District,...

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