International News

1. Canalys has released data on global smartphone SoC chip manufacturers for Q1 2024. MediaTek maintains its lead in shipments with a market share of 39%.

2. A worker was killed as a result of an explosion at the TSMC semiconductor plant in Arizona, USA on May 15th.

3. InterDigital has announced that it has obtained an injunction against Lenovo for infringing on its 4G and 5G device patents in the Munich regional court in Germany.

4. Siemens will sell its Innotics electric motor drive business to a private equity group KPS for €3.5 billion (approx. $3.8 billion) in the first half of 2025.

5. The IMF warns that imposing new punitive tariffs on China's semiconductors by the US could cause significant damage to the global economy, potentially leading to a reduction of around 7% in global economic output.

China News

1. The Hong Kong Legislative Council has approved a HKD 2.84 billion (approx. $364 million) funding allocation to support the government's establishment of a microelectronics research center focused on developing semiconductor technology.

2. At the 2024 European Technology Forum, TSMC confirmed that construction on its German wafer fab plant is scheduled to begin in Q4 2024, with production expected to commence in 2027.

3. China Unicom Research Institute and Huawei have completed the first 5G-A outdoor scale network verification in Pudong Jinqiao.

4. At the 2024 World Telecommunication and Information Society Day Conference held in Ningbo, Zhejiang, China Telecom, China Mobile, China Unicom, and China Radio and Television jointly announced the launch of 5G inter-network roaming commercial promotion.

5. The DJY Electronics Net Summit was successfully held in Shenzhen Bao Li Cube, featuring a keynote speech by SlkorMicro and Kinghelm Song Shiqiang on "How AI Empowers New Quality Productivity," among other speakers including Director Qiu Huilin of the Ministry of Commerce.