Foxconn

Foxconn Reports Record Fourth Quarter Revenue, Driven by AI Server Demand

Foxconn, the world's leading contract electronics manufacturer, has shattered expectations by posting its highest-ever revenue for the fourth quarter of 2024, bolstered by robust demand for artificial intelligence (AI) servers. This achievement underscores the company's strategic positioning in the burgeoning...
China Chip Industry

U.S. Tightens Sanctions on China’s Chip Industry: Implications for Korean and Global Manufacturers

The United States has introduced sweeping new sanctions targeting China’s chip industry, escalating its technological rivalry with Beijing. Announced on Monday by the U.S. Department of Commerce's Bureau of Industry and Security (BIS), these measures focus on advanced semiconductor technologies,...
US-China Chip

Biden Administration Considers New Restrictions on Semiconductor Equipment and AI Chips Sales to China

The Biden administration is reportedly weighing new restrictions on the sale of semiconductor equipment and AI memory chips to China, intensifying the US campaign to limit Beijing’s technological advancement. This potential move, expected to be announced as early as next...
Japanese Semiconductor

Japanese Semiconductor Stocks Surge as US Eases Restrictions on China

Shares of Japanese semiconductor-related companies soared on Thursday after reports emerged that the US government is considering milder-than-expected restrictions on exports of chip equipment and AI memory semiconductors to China. The announcement triggered a rally in Japan’s high-stakes chip manufacturing...
Qualcomm Inc.

Qualcomm Shelves Interest in Intel Takeover Amid Mounting Challenges

Qualcomm Inc.’s interest in acquiring Intel Corp. has significantly cooled, according to sources familiar with the matter, halting what could have been one of the largest and most consequential deals in the technology sector. The decision reflects the immense complexities...
Digital Wallets

Silicon Valley Giants Face Government Scrutiny Over Digital Wallets

In a landmark decision, the U.S. Consumer Financial Protection Bureau (CFPB) announced on Thursday that it will subject digital wallet and payment app providers processing over 13 billion financial transactions annually to government oversight. The move places tech giants like...
silicon valley data centers

Tech Giants Turn to Nuclear Energy Solutions for Power-Intensive AI Infrastructure

In a strategic shift blending sustainability with technological ambition, Silicon Valley is embracing nuclear energy, particularly small modular reactors (SMRs), as a cornerstone to power artificial intelligence (AI) advancements. As AI computing demands surge, industry leaders argue that nuclear energy...
Apple Inc.

Apple Boosts Investment Proposal in Indonesia as iPhone 16 Sales Ban Looms

Apple Inc. has significantly increased its proposed investment in Indonesia, nearly tenfold, as the US technology giant attempts to overturn a government ban on the sale of its iPhone 16, according to sources familiar with the matter. The enhanced proposal...
TikTok

TikTok Ban Under Biden Law Faces Uncertainty as Trump Reelection Looms

Months after President Joe Biden signed the Protecting Americans from Foreign Adversary Controlled Applications Act (PAFACAA) into law, its fate now faces potential upheaval with Donald Trump’s reelection. The law, which aims to sever Chinese ownership of TikTok, may encounter...
TSMC

U.S. to Provide $6.6 Billion to TSMC to Build Semiconductor Plants in Arizona

The global semiconductor supply chain, the United States announced on Friday (Nov 15) that Taiwanese chip manufacturing giant Taiwan Semiconductor Manufacturing Company (TSMC) will receive up to $6.6 billion in direct funding to construct three state-of-the-art chip plants in Arizona. ...
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