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NEWS TAGGED EUROPE
Thursday 27 June 2024
China charges ahead in hydrogen race with strong policy support and domestic demand
The Chinese government is once again expanding the scale of its hydrogen energy industry and broadening overseas sales through two main methods: official policy support and substantial...
Wednesday 26 June 2024
Smartphone demand recovers 3Q24 with Android as highlight
After moving past the traditional second-quarter off-season, the smartphone industry is expected to recover in the third quarter with new releases from brand manufacturers.
Wednesday 26 June 2024
Don't get misled by Germany. Europe's demand for EVs stronger than anticipated
Germany terminated its EV subsidy at the end of 2023, casting a shadow over Europe's EV sales in 2024.
Tuesday 25 June 2024
Global rare earth supply chain restructures amid nations endeavoring to curb reliance on China
The global rare earth supply chain is undergoing a restructuring as countries actively invest in the sector to reduce their reliance on China, especially for permanent magnets used...
Wednesday 19 June 2024
China's solar ambitions stumble, industry players grapple with TOPCon cell oversupply woes
The solar cell sector in China has swiftly shifted from P-type PERC to N-type TOPCon technology over the past two years, leading to an oversupply situation. The industry's woes were...
Wednesday 19 June 2024
TSMC chairman's visit to Europe - to negotiate prices for High NA EUVs and German subsidies
The visit of top Taiwan Semiconductor Manufacturing Company (TSMC) executives to Dutch semiconductor equipment manufacturer ASML in late May had many media speculating whether TSMC...
Wednesday 19 June 2024
GlobalWafers receives EUR103 million subsidy for Italian fab
GlobalWafers announced on June 18 that, following the European Commission's Directorate-General (DG) approval of GlobalWafers' Italian subsidiary MEMC Electronic Materials' plant...
Tuesday 18 June 2024
BYD becomes official partner of UEFA Euro 2024
BYD has been selected as the official e-mobility partner of UEFA Euro 2024, replacing Volkswagen, signifying the increasing prominence of Chinese businesses on the international st...
Tuesday 18 June 2024
Network IC firms upbeat about 2H24, as markets in Europe and US bottom out in 2Q24
Amid the surge in AI-related chip demand and rebounding consumer device market as inventory destocking ends, demand for networking chips is yet to pick up, with low pull-in momentum...
Monday 17 June 2024
Meta delays AI chatbot launch in Europe after regulator pushback
Facebook parent company Meta Platforms Inc. will delay its launch of the Meta AI chatbot in Europe after regulators on the continent requested the company pause its plan to train...
Wednesday 12 June 2024
Readmoo collaborates with PocketBook with E Ink as support
Readmoo, an e-book service, is collaborating with Europe's largest e-reader brand, PocketBook, to launch a co-branded 10.3-inch color e-paper tablet.
Wednesday 5 June 2024
Stellantis and Mercedes-Benz's joint battery company delays work for new European plants
Automotive Cells Company (ACC), a battery maker backed by Stellantis and Mercedes-Benz, said it has paused plans for new factories in Germany and Italy. The France-headquartered company...
Wednesday 29 May 2024
European carmakers rely on cross-continental partnerships to compete in low-priced EV race
The competition of EUR20,000 (US$21,750) EV has mobilized the European automotive supply chain. Local automakers tend to collaborate with partners to gain a foothold in the sector...
Wednesday 29 May 2024
Volkswagen will debut low-cost EV in 2027 after joint effort with Renault collapses
Volkswagen said on May 28 that it plans to roll out a low-cost EV for the European market in 2027, a move that will help it counter Chinese rivals' offense. In addition, Magna Steyr...
Tuesday 28 May 2024
China retaliates in automotive trade war with tariffs on European cars
Foreign media reports indicate that China is considering imposing a 25% tariff on large-engine fuel vehicles imported from Europe, specifically targeting cars with engines larger...