Following the TSMC decision in August 2023 to set up a fab in Dresden, located in the German state of Saxony, the state has been beefing up efforts to attract more Taiwanese suppliers,...
Latest data showed China has won the title of the world's largest automobile exporter for the first time, thanks partly to its leading EV expertise. The automotive industry has watched...
Standing at the front of the room at an auto industry association's new year reception in Berlin this week, BMW CEO Oliver Zipse had reason to feel vindicated.
Having to overcome ramps and bumps on its internationalization journey, Taiwan Semiconductor Manufacturing Company (TSMC), the world's leading pure-play foundry, is learning to act...
Semiconductor materials supplier Topco Scientific is following in the footsteps of Taiwan Semiconductor Manufacturing Company (TSMC), aiming to set up a plant site in North America,...
Oppo has struck a cross-licensing deal with Nokia Oyj, ending a years-long dispute and allowing the Chinese smartphone major to freely sell devices in key European markets including...
While the recent US CHIPS and Science Act, European Chips Act, and Japan's subsidy plan have enticed TSMC to build wafer fabs in the US, Germany, and Japan, Taiwan has responded with...
The electric vehicle (EV) landscape in Germany may see disruption in 2024 as Chinese manufacturers make inroads into the market, and reduced government subsidies put pressure on growth...
Following the German government's move to curtail subsidies for electric vehicles (EVs) major automakers reassured consumers by pledging to absorb the costs.
European governments have been adjusting their EV subsidy programs. Germany abruptly terminated its incentive scheme, and France's revised subsidy rules will discourage the sales...
Several carmakers have decided to bear the cost of EV incentives after the German government terminated the program. Tesla, Volkswagen, Stellantis, Mercedes-Benz, and Audi all said...
Europe's largest car-producing country has unexpectedly terminated its EV subsidy program. Germany has paid about EUR10 billion (US$10.9 billion) to encourage EV adoption. The move...
Despite recent skepticism about TSMC's plan to set up a factory in Germany in light of the country's budget crisis, the firm has stated that it has not aborted this project. Challenges...
Following a November 15 decision from Germany's Federal Constitutional Court against the transferring of EUR60 billion - granted during the Covid-19 pandemic but unspent in fiscal...
