Texas Instruments exceeded profit expectations in Q3, with*and CEO Haviv Ilan noting, "The Chinese electric vehicle market is experiencing strong growth, and our product sales continue to rise in this market."

Semiconductor TopBuzz|Semiconductor Industry Headlines|

2024-10-25 14:24:17 1021

Global Semiconductor Industry updates

1. The U.S. Department of Commerce has announced a preliminary investment plan amounting to $1.6 billion for an innovation fund aimed at advancing the U.S. position in the advanced packaging industry.

2. Microsoft saw a surge in orders for its GB200 chip in the fourth quarter of 2024, increasing by 3 to 4 times and surpassing the total orders from all other cloud service providers.

3. SK Hynix reported an operating profit of 7.03 trillion won (approximately $50.9 billion) in the third quarter of this year, reversing last year's loss of 1.79 trillion won.
4. Expert e-Commerce, the third-largest online retailer in Europe, has been ordered to cease sales of Seoul Semiconductor's infringing products in eight European countries and to recall and destroy these items.

5. Kinghelm (www.kinghelm.net) and Sacom are rapidly expanding and are looking to hire 8 domestic sales representatives and 6 overseas sales representatives. We welcome referrals, and a reward of 500 yuan will be given to the referrer after the new hires are confirmed.

6. SK Hynix will supply its 12-layer HBM3E chips to NVIDIA in the fourth quarter of this year.

China Semiconductor Industry updates

1. Victims of the Mitou fishing scam from across the country have reported key members of the Mitou gang, including Yang Haijun from Hunan Tongsheng Law Firm and Liu Bo, a trainee lawyer at Hunan Yunyi Law Firm, to the judicial authorities. Judicial bureaus and bar associations nationwide have begun a thorough investigation into the involved law firms, including Fujian Ge Yi, Hunan Tongsheng, Zhuzhou Long'an, and Hunan Yunyi.

2. The Philippines is in talks with companies like*and UMC to seek equipment and expertise to expand its semiconductor manufacturing capabilities.

3. Texas Instruments exceeded profit expectations in Q3, with*and CEO Haviv Ilan noting, "The Chinese electric vehicle market is experiencing strong growth, and our product sales continue to rise in this market."

4. The Advanced Semiconductor Testing Technology Forum will be held on November 14, 2024, at the Conrad Hotel in Guangzhou.

5. Li Auto has rolled off its one-millionth vehicle at its base in Changzhou, Jiangsu Province, with the model being the Li L9.

6. Domestic power battery company Hive Energy has decided to suspend the construction of its two battery factory projects in Germany, with no timeline yet for when work will resume.

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Texas Instruments exceeded profit expectations in Q3, with*and CEO Haviv Ilan noting, "The Chinese electric vehicle market is experiencing strong growth, and our product sales continue to rise in this market."

Advisory Service