Shell and BYD announced a strategic cooperation agreement related to plug-in electric vehicles in China and Europe, as well as potentially in other regions across the globe in the future. The main topic of the deal is electric vehicle charging, which reminds us of the previous deal between Shell and NIO, about battery swapping stations and charging stations in China and Europe.

From motor magnets with toxic histories to batteries made using copious fossil-fuel power, many challenges face carmakers seeking to purge dirtier materials from their supply chains to satisfy regulators and investors. Advanced Electric Machines (AEM) in northern England, which is working with Volkswagen luxury brand Bentley and others in the auto industry to develop recyclable electric motors free of rare earth metals, which are often produced using polluting chemicals.

Toyota Group plans to invest 48 billion Indian rupees ($624 million) to make electric vehicle components in India, as the Japanese carmaker works toward carbon neutrality by 2050. Toyota Kirloskar Motor and Toyota Kirloskar Auto Parts signed a memorandum of understanding with the southern state of Karnataka to invest 41 billion Indian rupees, the group said in a statement Saturday. The rest will come from Toyota Industries Engine India.

Tesla beat 1st quarter income expectations with more than double previous quarters' carbon credit sales. Tesla has been criticized for its previous years' earnings being dependent on the sales of its carbon credits. These credit sales have been a major driver of Tesla's profits over the years.

Broadcom and VMware have announced an agreement under which Broadcom will acquire all of the outstanding shares of VMware in a cash-and-stock transaction that values VMware at approximately US$61 billion, based on the closing price of Broadcom common stock on May 25, 2022.

Nicolas will lead HP's worldwide supply chain organization. The company's supply chain delivers more than 100 million products to customers each year through a sophisticated network of ODM factories, manufacturing partners, commodity suppliers, logistics providers and a wide variety of other valued partners.

Apple has told some of its contract manufacturers that it wants to boost production outside China, citing Beijing's strict anti-Covid policy among other reasons, people involved in the discussions said.

The chief executive of JSR, one of the world's largest suppliers of a material critical for semiconductor production, has said a lack of industry infrastructure will make it "very difficult" for China to develop cutting-edge chipmaking technology despite a push for self-sufficiency.

TSMC is considering building a semiconductor factory in Singapore to help address a global supply shortage, according to people familiar with the matter.

China's leading smartphone makers have told suppliers to scale back orders for the coming quarters by around 20% from previous plans following monthlong COVID lockdowns that have severely disrupted supply chains and battered consumer confidence, Nikkei Asia has learned.

Chinese tech stocks slumped as weak corporate earnings coupled with a dimming global growth outlook intensified selling.

The top five corporate customers were Apple, Best Buy, Deutsche Telecom, Qualcomm, and Supreme Electronics, and these big clients accounted for about 14% of the company's total sales, according to a business report released by Samsung Electronics on May 16.

Lockheed Martin has joined Intel, Nvidia, and eight other big tech companies as part of a plan to securely link defense systems in what Lockheed calls a 21st century concept.

Samsung Electronics is talking with foundry clients about charging as much as 20% more for making semiconductors this year, joining an industry-wide push to hike prices to cover rising costs of materials and logistics.

Chipmaker Micron Technology on Thursday announced it was experimenting with a new pricing model for its chips called forward pricing agreements that would aim to stabilize the steep price fluctuations that plague the industry.

One of the most popular and iconic gadget brands in history is taking its last breath today. Apple announced that it will no longer make the iPod touch, the last device to carry the iPod name.

Toyota says it will suspend operations at more production lines at its factories in Japan this month due to the coronavirus lockdown in Shanghai.

Tesla has halted most of its production at its Shanghai plant due to problems securing parts for its electric vehicles, according to an internal memo seen by Reuters, the latest in a series of difficulties for the factory.

Infineon, the leading supplier of microchips to the auto industry, reported on Monday a 22% rise in second-quarter revenue and lifted its full-year outlook as it benefits from a global shortage of semiconductors.

AMD shrugged off the concerns about supply-chain issues and COVID-related Chinese manufacturing shutdowns, reporting record revenue of US$5.887 billion (up 71%) for the first quarter of 2022. And while AMD's rivals expressed uncertainty regarding ongoing chip shortages as a result of COVID-related manufacturing shutdowns in China, AMD appears less worried. The topic wasn't even mentioned in the company's press release.

Shanghai is expected to open up gradually, following a brutal lockdown.

The Biden administration is looking into claims that Yangtze Memory Technologies, a Chinese semiconductor maker, has supplied Huawei with chips, in a potential violation of US export controls.

Texas Instruments tumbled in late trading Tuesday after China's ongoing Covid-19 lockdowns crimped the company's sales and profit forecasts, with the restrictions idling factories and slowing shipments.

A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing from smartphones to cars, and the issue will be a central one for companies reporting results this week.

More and more car manufacturers now bet on SiC and GaN, and chipmakers are transforming their business to take advantage of the electric-vehicle market's explosive growth.

The board of Twitter has agreed to a US$44bn takeover offer from the Tesla billionaire Elon Musk.

Silicon Motion Technology is exploring a potential sale amid takeover interest in the semiconductor firm, according to people familiar with the matter.

At first blush, ASML's numbers look disappointing. But they're actually pointing to the same challenge and opportunity TSMC outlined last week: demand is so strong that it's tough to keep up.

Toyota and Volkswagen are gradually bringing their China factories back on line after they were closed for weeks because of COVID lockdowns.

TSMC said it won't start production at its 2nm node until the second half of 2025 or possibly the end of that year, which could signal a shift in the competitive landscape.

The goals don't exactly sound ambitious. For example, while TSMC plans to hit 2nm by 2026, Russia wants 28nm local chip manufacturing by 2030.

China's quarterly production of semiconductors shrunk for the first time since early 2019 as consumer electronics demand softened and Covid-triggered lockdowns in regions including Shanghai disrupted output.

Shanghai reported a record number of symptomatic COVID-19 cases on Saturday and other areas across China tightened controls as the country kept up its "dynamic clearance" approach that aims to stamp out the highly transmissible Omicron variant.

Shipments of some Apple products, as well as Dell and Lenovo laptops are likely to face delays if China's COVID-19 lockdowns persist, analysts say, as curbs force assemblers to shut down and closed-loop arrangements get harder to maintain.

Chinese automakers may have to halt production in May if shutdowns persist in the Shanghai area, said the chief executive officer of electric-vehicle firm Xpeng, a bleak assessment of supply-chain disruptions in the wake of Covid-19 lockdowns.

Synopsys, the biggest supplier of software used to design semiconductors, is under investigation by the US Department of Commerce for possibly passing key technology to banned Chinese companies, according to people familiar with the matter.

The company pledged to achieve net-zero greenhouse gas emissions in its global operations by 2040, to increase the energy efficiency and lower the carbon footprint of Intel products and platforms with specific goals, and to work with customers and industry partners to create solutions that lower the greenhouse gas footprint of the entire technology ecosystem.

China's power battery installations in March were 21.4 GWh, up 138 percent year-on-year and up 56.6 percent from February, according to data released today by the China Automotive Battery Innovation Alliance (CABIA).

According to recent comments from Toyota North America, the automaker expects to surpass the 200,000 vehicle threshold for EV sales sometime this summer, disqualifying itself from any additional tax credits in the United States under current legislation. Toyota's federal tax credits will be phased out just as the automaker plans to begin sales of its lone BEV, the bZ4X, later this year.

The manufacturing hub of Guangzhou closed itself to most arrivals Monday as China battles a major COVID-19 surge in its big eastern cities.