Hyundai Motor Group and LG Electronics are teaming up as they shift from home appliances to automotive electronics.

According to PR Newswire and Evertiq, SK keyfoundry has announced that it has secured key device characteristics for a 650V GaN High Electron Mobility Transistor (HEMT).

Taiwan-based Display Driver IC (DDI) vendors are upbeat about the upcoming high season in the second half of 2024, as inventory in the supply chain has returned to healthy levels and demand from various consumer market segments remains stable, according to industry sources.

Competition in China's cutthroat car market is pushing even legacy automakers' senior executives to take up livestreaming to stoke sales.

ByteDance Ltd. and Broadcom Inc. have discussed a potential collaboration on an AI processor to help bolster the TikTok parent's development of that technology.

Samsung Electronics has hired a former senior executive from Apple to lead its new North American Artificial Intelligence team.

In response to the growing corporate demand for generative AI, Japanese electronics giant Hitachi announced in 2024 that it has signed a three-year partnership contract with Microsoft. This partnership enables users of Hitachi's Lumada platform to leverage Microsoft's services, prominently featuring generative AI. Additionally, it establishes a talent development system poised to potentially create a multibillion-dollar global market.

Chinese carmakers are accelerating their entry into Thailand.

Even since the US imposed sanctions on China, South Korean manufacturers have been storing old equipment in warehouses, incurring annual rental fees exceeding KRW20 billion (approx. US$14.6 million).

As Xiaomi is expected to celebrate its tenth anniversary in entering India in July, the company is strategizing to pivot towards premiumization, AIoT, ecosystem integration, and local manufacturing to reclaim its leadership position in the country.

These are the most-read DIGITIMES Asia stories in the week of June 17 – June 21.

Bangalore, often dubbed India's Silicon Valley, has long been the heart of the country's semiconductor industry, attracting heavyweight corporations and pioneering startups. This vibrant hub has been integral to India's technological ascendancy for years.

Hong Kong Customs recently uncovered a CPU smuggling case, seizing 596 high-performance CPUs valued at around NT$50 million (approx. US$1.54 million).

BOE Technology, the largest Chinese display panel manufacturer, is reportedly placing equipment orders for its 8.6-generation (8.6G) OLED panel plant under construction in China. Many South Korean equipment makers, including Sunic System, Avaco, Shinsung E&G, and DMS, are expected to benefit as potential suppliers.

Thanks to TSMC's investments in Kumamoto and its commitment to local sourcing, semiconductor material suppliers, including Tokyo Ohka Kogyo (TOK), Organo, and Sumco, are clustering in the Japanese prefecture.