Two days before SEMICON India 2024, the US Department of State said that the US and India will explore opportunities, grow, and diversify the global semiconductor supply chain
International electric vehicle (EV) companies, such as Ford Motor and General Motors (GM), are struggling to operate in China's hypercompetitive and low-priced EV environment
In August, backlight module manufacturers Radiant and Coretronic both reported roughly flat revenues. Looking ahead to the third quarter of 2024, however, both companies believe their operations have the potential to improve. In addition, both companies are expanding their production in Vietnam due to geopolitical factors
The Japan-based startup founded by former Google researchers, Sakana AI, announced that it has received a total of JPY20 billion (US$138 million) from various investors including Nvidia. Notably, Nvidia is estimated to have invested several billion yen and has become its biggest investor
India-based RIR Power Electronics is setting up India's silicon carbide (SiC) manufacturing facility in Odisha, as the country is looking to expand incentive schemes beyond logical chip manufacturing to compound semiconductors and ATMP facilities
To address evolving market and customer demands, Joinsoon Electronics Manufacturing Co Ltd is expediting its capacity transfer. The phase-two expansion at its Thailand facility has been completed and is set to begin production in the third quarter of 2024
As part of its efforts to strengthen its global sales strategy, Ennoconn announced on the evening of September 4 its plan to acquire a 53.38% stake (193,173,439 shares) in Nera Telecommunications (NERA) from major shareholder Asia Systems Ltd
The European Union's temporary tariffs on Chinese electric vehicles, introduced in early July, have triggered a sharp decline in registrations across the continent. SAIC Motor's MG, the top Chinese import brand, saw its European registrations plummet nearly 40% in July, following a 60% drop in June, according to data from JATO Dynamics
Despite encountering significant challenges from US export controls and subsequent chip shortages, China continues to make substantial progress in its AI industry. The country is driving innovation in AI technologies by leveraging alternative approaches that do not rely on the most advanced chips
OLED deposition equipment provider Sunic System recently achieved significant success by supplying its equipment to several Chinese panel manufacturers. Other South Korean companies, such as HB Technology, Hanwha Momentum, and Rorze Systems, have also secured equipment orders from BOE for its 8.6G IT OLED production line (B16), further validating their technical competitiveness
On September 4, 2024, ITRI, SIIQ, and the Kyushu Semiconductor Human Resource Development Consortium jointly organized a symposium aimed at engaging in scholarly and technical exchanges at SEMICON 2024, the 2024 International Taiwan-Japan Semiconductor Technology Symposium
Ahead of SEMICON India, the Indian government approves a chipmaking facility proposed by Kaynes Semicon, which commits to setting up multiple chipmaking projects in more Indian states
Reports suggest that Intel's expansion plan in Penang, Malaysia, has been "partially delayed," sparking public curiosity about its potential connection to Intel's global layoff plan. However, Intel has since refuted these claims, asserting that there will be no changes to the expansion plan and denying earlier reports of any delays
As Semicon India 2024 approaches, Tower Semiconductor and the Adani Group have announced a partnership to establish a wafer fab in Maharashtra, India. This strategic collaboration marks Tower Semiconductor's first venture into the Indian market and Adani's entry into the semiconductor industry
The Biden administration plans to impose export controls on critical technologies including quantum computing and semiconductor goods, seeking to align key allies in a US-led push to thwart advancements in China and other adversarial nations
