IBM, Oracle expand partnership to advance agentic AI, hybrid cloud May 09, 2025 To give customers a consistent way to build and manage agents across multi-agent, multi-system business processes, spanning both Oracle and non-Oracle applications and data sources, IBM is making its watsonx Orchestrate AI agent offerings available on Oracle Cloud Infrastructure.
Honor pledges $10 billion investment in AI over 5 years March 03, 2025 The Chinese smartphone maker wants to expand from being mainly a smartphone firm and develop a system of AI-powered PCs, tablets and wearables, its CEO James Li said.
Five companies control 50% of the automotive semiconductor market January 22, 2025 The automotive industry’s impact on the global economy cannot be ignored. And currently, the automotive industry is going through a dramatic transformation – driven by electrification, autonomous driving and new mobility models.
Global semiconductor market to grow by 15% in 2025 December 12, 2024 Market intelligence firm IDC says that AI and High-Performance Computing (HPC) will drive growth in advanced chips, 2nm technology, and packaging, reshaping the semiconductor industry in 2025.
Semiconductor growth slows down in 2025 November 26, 2024 The semiconductor market reached USD 166 billion in 3Q24, a 10.7% growth from 2Q24, according to the World Semiconductor Trade Statistics (WSTS). This marks the strongest QoQ growth since 3Q16 when growth hit 11.6%. On a YoY basis, the market grew by 23.2% in 3Q24, the highest since 4Q21's 28.3%.
Thailand approves $2 billion investment for data centres, PCB facility November 07, 2024 Thailand’s Board of Investment approved two new data centre projects in Chonburi province, one from Quartz Computing, a subsidiary of Alphabet, and the other from a subsidiary of GDS IDC Services.
Semiconductor industry gains as memory demand surges August 12, 2024 Recent research from IDC reveals significant trends in the semiconductor industry during the first quarter of 2024.
Smartphone sales up 6.5% in Q2 2024 July 16, 2024 The recovery is well under way: After many quarters of decline, the market for smartphones is booming again according to new data from IDC.
Cisco launches $1bn fund to bolster AI startup ecosystem June 10, 2024 The corporate venture investment arm of Cisco has formalised a new AI fund, which has already made more than 20 AI-focused acquisitions and investments.
Malaysia to invest $107bn in front-end chip design May 31, 2024 Malaysia has become the latest country to announce a huge state-backed support programme for its domestic chip market.
Vietnam commits $1.08bn to train chip engineers April 26, 2024 Vietnam has joined the race to be a destination for the world's leaving chip firms by pledging $1.08 billion for the training of 50,000 semiconductor engineers by 2030.
Smartphone market up 7.8% – Samsung moves to pole position April 16, 2024 According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, global smartphone shipments increased 7.8% year over year to 289.4 million units in the first quarter of 2024 (1Q24).
Apple was China's #1 smartphone maker last year February 07, 2024 Apple captured a market share of 17.3% in China’s smartphone market last year, beating local manufactruer Honor to the top spot.
US semiconductor firms mull $8bn investment in Vietnam January 26, 2024 A US government official has revealed that 15 companies are preparing to start manufacturing to Vietnam, subject to their partners meeting renewable energy standards.
IDC: PC sales down 2.7% in 4Q23, but 'worst is over' January 12, 2024 Global shipments of PCs fell for the eighth successive quarter, says new analyst data, but growth is expected in 2024.
IDC: semiconductor sales will grow 20% in 2024 December 27, 2023 The squeeze is over and the global semiconductor market will bounce back strongly next year, says market analyst IDC.
Nvidia to challenge Intel with Arm-based PC chips October 24, 2023 Nvidia has reportedly started to – quietly – design CPUs using technology from Arm Holdings, as the company is looking to challenge Intel in the PC market.
Longsys completes its $132m takeover of Suzhou plant from Powertech October 13, 2023 Shenzhen-based Longsys said in a filing to the Shenzhen Stock Exchange that it has officially acquired a 70 per cent equity stake in Powertech Technology (Suzhou).
Geopolitical shifts reshape the semiconductor landscape October 04, 2023 Taiwan's foundry, assembly and test shares are forecasted to drop to 43% and 47%, respectively, in 2027, according to market intelligence provider IDC.
Foundry market expected to drop 6.5% YoY in 2023 July 03, 2023 The global semiconductor foundry market grew 27.9% YoY in 2022. However, it is projected to decrease by 6.5% YoY in 2023 due to inventory adjustments, according to IDC.
PC pain persists in Q1 2023 – Apple saw a 40% shipment drop April 11, 2023 Weak demand, surplus inventory, and a deteriorating macroeconomic environment all contributed to the dramatic drop in traditional PC shipments during the first quarter of 2023, says the International Data Corporation (IDC).
Falling PC sales forces Dell to cut 6,650 jobs February 06, 2023 Dell Technologies is feeling the declining demand for PCs. And as a consequence, the company will reduce its workforce by about 6,650 employees.
FPT Software launches chipmaking subsidiary September 26, 2022 Vietnamese ICT company, FPT Software, announces that it has launched a new chip subsidiary, FPT Semiconductor, meaning that the company is entering the booming semiconductor industry.
IDC forecasts Solid Growth for HDD and SSD markets June 15, 2021 International Data Corporation (IDC) says that while both the HDD and SSD markets were affected the COVID-19 pandemic, the outlook looks good as demand for storage remains strong in multiple areas.
Worldwide semiconductor revenue grew 10.8% in 2020 to $464B May 07, 2021 Despite the impact of COVID-19 on the global economy, the semiconductor market performed strongly in 2020. Demand by industry was uneven throughout the year due to global lockdowns, remote work and education, and shifts in consumer buying behaviour, according to the IDC who believes that growth will accelerate this year, desipte market shortages.
After three years of growth - semi revenues are projected to fall May 16, 2019 After three consecutive years of growth, with YoY growth of 13.2% in 2018, the latest update to the Semiconductor Applications Forecaster (SAF) from IDC forecasts that worldwide semiconductor revenue will decline to USD 440 billion in 2019, down 7.2% from USD 474 billion in 2018.
America II signs with Major League Electronics March 22, 2019 America II Electronics has entered into a global distribution agreement with Major League Electronics, a manufacturer of standard and custom interconnect products.
New VP appointment at TT's IoT business January 23, 2019 TT Electronics says it has appointed Steve Carr to the role of VP of Sales and Marketing for the company’s IoT Solutions business unit (which most of you might remember as Stadium Group).
Tobii signs agreement with VR headset manufacturer October 08, 2018 Swedish eye tracking specialist, Tobii AB, announces that the company has signed an agreement with, what is described to be a leading, virtual reality (VR) headset manufacturer for the development and delivery of eye-tracking technology for integration in an upcoming VR headset.
Toshiba Memory deliver Value SAS SSDs targeting SATA applications June 22, 2018 New RM5 value SAS series brings improved performance, reliability and capacity at a price point that enables SATA replacement in servers.[b][/b]
GTK is 'Brexit-ready' with Romanian facility May 02, 2018 GTK’s manufacturing facility in Romania is going from strength to strength according to Chas Shale, Business Manager for Cable Assemblies.
Rutronik and Fischer Elektronik to cooperate worldwide December 19, 2017 Rutronik Elektronische Bauelemente GmbH and Fischer Elektronik GmbH & Co. KG have entered into a distribution agreement. From now on, customers will be able to obtain the products manufactured by the expert in heat sinks and cases from Rutronik.