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2023-10-19

[News] Strategic Shift in Samsung’s Personnel Focuses on SiC

According to a report from South Korean media ETNEWS, Samsung Electronics has appointed former Onsemi director Stephen Hong as Vice President to oversee the SiC (Silicon Carbide) power semiconductor business. They've also set up an internal department dedicated to SiC power semiconductors. Stephe...

2023-10-19

[Insights] Xiaomi Aims to Lead in New Energy Vehicle Production, Potentially Ahead of Apple and Sony

In March 2023, Xiaomi Chairman Lei Jun reiterated that Xiaomi's new energy vehicles (NEVs) would enter mass production in the first half of 2024. Fast forward to October 4, 2023, and reports indicate that Xiaomi's EV, codenamed MS11, has received certification from the Bluetooth Special Interest Gro...

2023-10-18

[News] Foxconn Chairman Discusses Competitive Strategy in EV Industry

Foxconn held its Tech Day on October 18, 2023, where Chairman Young Liu addressed the company's stance and strategy in response to the high growth of the EV market in mainland China, which significantly impacts the global EV industry. Liu began by discussing the prevailing trend of electric vehic...

2023-10-18

China’s Share in Mature Processes will Speed up to 33% in 2027 under the Pressure of Geopolitics

TrendForce reports that from 2023 to 2027, the global ratio of mature (>28nm) to advanced (<16nm) processes is projected to hover around 7:3. Propelled by policies and incentives promoting local production and domestic IC development, China’s mature process capacity is anticipated to grow f...

2023-10-18

[News] BYD and BYD Electronic Expect Profits to More Than Double in the First Three Quarters

Chinese electric vehicle giant BYD is set to report impressive profits once again. The company announced on the 17th that it expects its net profit attributable to the parent company for the first three quarters of this year to be between CNY 20.5 billion and CNY 22.5 billion, an increase of 120.16%...

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