After months of swirling rumors about Royole Technologies' financial struggles, once touted as China's leading foldable screen manufacturer, the latest legal documentation confirms...
Amidst a cutthroat battle for nearly a year in 2023, the Chinese auto market is expected to experience a major elimination round in 2024 with models that have lower-than-expected...
Lordstown Motors has filed a lawsuit against Hon Hai Technology Group (Foxconn) and some of its subsidiaries, including Foxconn Ventures, in the US Bankruptcy Court for the District...
Lordstown Motors Corp. filed for bankruptcy after the electric truck startup's investment agreement with manufacturing giant Foxconn Technology Group rapidly unraveled.
A new topic has arisen in Chinese media lately: almost 10,000 chip companies were closed and deregistered in 2021 and 2022. Whether that is the result of the U.S. government's export...
The latest financial results of the world's top three memory suppliers report total losses of US$8.3 billion. The amount exceeds US$10 billion if it includes losses of other suppliers...
Many small- and medium-size businesses involved in the local supply chain for electronics parts and other devices have seen factory closures and layoffs in southern and eastern China,...
While Micron Technology and other memory chipmakers plan to scale back output and slow down capacity expansions amid growing demand fears, Samsung Electronics is sticking to its capex...
Tesla CEO Elon Musk recently warned that US electric vehicle (EV) startups Rivian and Lucid could both go bankrupt if they do not significantly lower their costs.
The mobile telecom landscape in India has changed drastically since startup Reliance Jio launched its 4G LTE network services in September 2016 with unprecedented free voice over...
The semiconductor industry appears to have escaped the direct impact of the coronavirus crisis so far, but the market is likely to suffer the repercussions as the outbreak slows or...
Unable to sustain the fierce price competition from China-based players, Taiwan-based touch panel maker JTouch has declared bankruptcy and will lay off all its employees in the next...
Germany-based SolarWorld AG has declared bankruptcy and this may influence the US government's decision on global safeguards investigations pursuant to Section 201 of the Trade Act...
Touch panel maker Cando on January 29 announced that it will immediately stop production and lay off about 360 employees, with about 40 to remain to dispose of affairs arising from...
As China's panel industry continues to increase production capacity, Taiwan panel makers have kept their competitive edge through product differentiation strategies and adjustments...
