The US Department of Commerce has awarded SK Hynix a grant of up to US$458 million under the CHIPS and Science Act (CHIPS Act), supporting the company's efforts to strengthen the...
US-based IC backend house Amkor Technology is advancing its US$1.6 billion factory in Bac Ninh, Vietnam. However, it expects much fewer employees to be required for the facility inaugurated...
Foxconn is reportedly eyeing a significant investment in Nissan Motor with aspirations to take over the company's operations, potentially accelerating ongoing merger discussions between...
US President-elect Donald Trump and SoftBank chairman and CEO Masayoshi Son jointly announced that SoftBank will invest a total of US$100 billion in areas including AI over the next...
US cloud service providers (CSPs) are entering a new phase of AI investment, with continued growth in capital expenditures (capex), driving short-term demand for high-end AI chips...
The competition to dominate Asia's nascent floating offshore wind market is intensifying, with Taiwan and South Korea emerging as frontrunners while Japan's cautious approach risks...
The Federal Ministry for Economic Affairs and Climate Action of Germany (BMWK) has officially approved financing for TSMC's wafer fab project in Dresden. The German government has...
ET News highlighted challenges in South Korea's semiconductor materials industry, as sluggish markets and declining demand hit companies like LPN, Technium, and SK Enpulse...
Foxsemicon Integrated Technology Inc. (FITI), a subsidiary of Foxconn specializing in semiconductor equipment, is expanding its footprint in Thailand with a THB10.5 billion (approx...
The European automotive supply chain encountered significant hurdles in 2024 as electrification demand fell short of expectations, leading to low investment returns and widespread...
Taiwan's National Center for High-performance Computing (NCHC), under the National Applied Research Laboratories (NARLabs), plans to build an AI supercomputing center in Tainan by...
The CHIPS and Science Act, signed into law by President Joe Biden in August 2022, has been in place for over two years. While companies like Intel and Microchip have progressed with...
Micron Technology is set to secure up to US$6.2 billion in US subsidies this week, marking the final major agreement under the Biden administration's semiconductor initiative, while...
Tesla has reportedly rekindled its interest in the Indian market by resuming its search for showroom space in New Delhi. Having paused its investment plans earlier this year, the...
The US Department of Commerce has awarded Micron Technology US$6.165 billion to expand memory chip production in New York and Idaho, creating 20,000 jobs. The chipmaker also secured...
