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NEWS TAGGED EUROPE
Monday 5 August 2024
Europe's auto industry faces historic trade deficit amid electrification shift
Europe's automotive industry is poised to face a historic turning point in 2024, with imports expected to surpass exports for the first time in decades. This looming trade deficit...
Monday 5 August 2024
Apple faces tough road ahead in China despite growing revenue
Apple announced stellar results for the second quarter of 2024, with record-high revenue fueled by strong sales of iPads, PCs, and services. However, the company's performance in...
Monday 29 July 2024
US slams the door on Chinese EVs; EU leaves a crack open despite stringent taxes and tariffs
China's EV entrance into international markets has hit a bump with the trade barriers from Europe and the US, casting a dark cloud above their expansion.
Monday 29 July 2024
EU subsidies for fab construction progressing slowly; both TSMC and Intel yet to be approved
In March and April 2024, the implementation unit of the US CHIPS and Science Act and the US Department of Commerce announced that Intel and TSMC received US$8.5 billion and US$6.6...
Monday 29 July 2024
Global automakers challenge Avanci over soaring 5G patent fees
A coalition of six major automotive industry associations from Europe, the US, Japan, South Korea, Germany, and France has publicly questioned Avanci's increasing fees for 5G wireless...
Monday 29 July 2024
Slow EU approval delays Intel and TSMC subsidies under European Chips Act
In March and April 2024, Intel and TSMC received substantial subsidies of US$8.5 billion and US$6.6 billion respectively for building plants in the US under the CHIPS and Science...
Friday 26 July 2024
Revolution in auto electrification challenges Japan's industry
The shift towards automotive electrification is ushering in a new revolution for mainstream car manufacturers.
Thursday 25 July 2024
Slowing demand, policy changes limit EV adoption
Disappointing demand growth, uncertainties surrounding the upcoming US presidential election, and government policy changes have slowed the adoption of electric vehicles (EV), according...
Thursday 25 July 2024
TSMC to break ground for German fab at year-end 2024, sources say
TSMC is expected to break ground on its new wafer fab in Germany around the end of 2024, with volume production to begin by the end of 2027, according to sources at semiconductor...
Thursday 25 July 2024
TSMC fab in Germany faces challenges for profitability
TSMC's German wafer fab will confront three major barriers to profitability: labor unions, high costs, and a limited workforce.
Wednesday 24 July 2024
Intel Foundry faces hurdles in European expansion and performance struggles
Intel has confirmed that part of its European investment project has been shelved due to economic reasons, highlighting the chipmaker's challenges in its foundry business, which relies...
Wednesday 24 July 2024
Onsemi selected to power next-gen VW EV
Onsemi has announced a landmark supply agreement with Volkswagen (VW) - the world's second-largest automaker - to provide a complete power box solution for its next-generation electric...
Tuesday 23 July 2024
EU tariff dilemma: Balancing anti-subsidy measures on Chinese EVs with economic reliance
The European Union finds itself at a crossroads as it considers implementing anti-subsidy provisional tariffs on Chinese electric vehicle (EV) imports by the end of November. This...
Monday 22 July 2024
China dominates global automobile exports in 2023 as EV demand surges, says DIGITIMES Research
China's automobile exports have shown significant growth in recent years, with the export volume reaching 5.22 million units in 2023, nearly 800,000 more than Japan's, making China...
Friday 19 July 2024
The German electrification dream falters as supplier bankruptcy surges 60%
The automotive industry's shift towards electrification is proving to be a more treacherous journey than anticipated, with actual performance falling short of expectations and investments...