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Toyota, Nissan, and Honda Join Forces on AI and Chip Development for Next-Gen Vehicles
Toyota, Nissan, and Honda have teamed up to develop cutting-edge AI and semiconductor technologies for next-generation vehicles, focusing on areas like semiconductor chips, APIs, virtual simulation, and cybersecurity. Supported by Japan's Ministry of Economy, Trade, and Industry, this collaboration aims to enhance Japan's competitiveness in the evolving automotive industry. The initiative includes forming the Advanced SoC Research for Automotive (ASRA) group, involving 12 companies, to create high-performance system-on-chip (SoC) technologies for mass production by 2030, marking a significant advancement in software-defined vehicles (SDVs) and autonomous driving capabilities
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Geehy Semiconductor
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High Power ELCON Connectors
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CoilMaster: Top 500 Fastest-Growing Companies
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Intel’s 2nd Quarter Revenue Tracking Towards High End of Guidance
Intel’s CEO, George Zinsner, highlighted the growth opportunity in artificial intelligence (AI) for Intel's foundry business, positioning the company to capture this potential. Nvidia's CEO, Jensen Huang, expressed openness to collaborating with Intel on chip production, which further boosted Intel's stock by over 5% in after-hours trading.
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Dell Surpasses Consensus Estimates for Q1 Results but Lowers Guidance for Q3
Dell Technologies reported April-Q results that surpassed consensus expectations, with revenue of $20.92 billion, down 20% y/y but ahead of analysts' estimates. While Dell's PC business struggled with a 23% y/y decline in revenue, its server and storage businesses performed well. The company's guidance fell short of expectations due to anticipated ongoing weakness in the PC market, but Dell remains optimistic about the long-term prospects of its server and storage segments.
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Hewlett Packard Enterprise's April-Q Results: Mixed Performance with Growth in HPC and Intelligent Edge
Hewlett Packard Enterprise (HPE) reported mixed April-Q results, with revenue of $7.0 billion, down 10% Q/Q but up 9% Y/Y, falling short of consensus expectations. While HPE's Intelligent Edge business continues to grow, its server and storage segments faced weakness.
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Foxconn Forecasts AI Server Business to Double in Second Half of 2023
Foxconn predicts that its AI server business will double in the second half of 2023 due to surging demand. With its AI server segment accounting for 20% of total server revenue in 2022, the company anticipates faster growth than the overall server market as it expands its AI capabilities through investments in research and development.
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Vietnam's Electric Vehicle Industry: A Thriving Domestic Market and Promising Global Prospects
The electric vehicle industry in Vietnam is experiencing rapid growth driven by increasing domestic demand and promising export opportunities. The Vietnamese government is set to announce supportive policies, including tax breaks, subsidies, and investment incentives, in July 2023 to further boost the industry's development. As the country's middle class expands and environmental awareness rises, EVs are becoming popular among consumers, while exports to Europe offer a significant opportunity to tap into the global EV market.
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Indian EMS Companies Navigate Entry into OSAT Segment
In a recent trend, multiple Indian Electronics Manufacturing Services (EMS) firms, including Syrma SGS, are exploring opportunities in the Outsourced Semiconductor Assembly and Test (OSAT) segment. Syrma SGS, a key player, is carefully evaluating the move, considering the industry dynamics where several companies have already entered the OSAT space.
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Forging a Tripartite Alliance: India, Malaysia, and Singapore in Semiconductor Strategy
India's ambition to become a global hub for semiconductor design and manufacturing and points out Malaysia and Singapore's established roles in the semiconductor supply chain, with Malaysia being a key player in manufacturing and Singapore in R&D and design. The proposed tripartite partnership aims to leverage each country's strengths to accelerate innovation, diversify the semiconductor supply chain, and develop talent across the region. Such collaboration could lead to mutual benefits, including enhanced market access, resilience against supply chain disruptions, and a collective push towards technological advancement. T
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