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Tuesday 21 January 2025
Against the odds: China's Big Fund Phase III launches US$8.2 billion AI fund amidst US sanctions
Escalating US sanctions aside, China has launched a national artificial intelligence (AI) industry investment fund worth CNY60 billion (approx. US$8.2 billion), according to reports...
Monday 20 January 2025
Microsoft-OpenAI partnership raises antitrust concerns: FTC
Microsoft Corp.'s US$13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent artificial intelligence market,...
Friday 17 January 2025
Vietnam 'sometimes insufficient' power risks semiconductor push
Despite ambitious plans to develop its semiconductor ecosystem, Vietnam faces persistent power supply issues that could impede industry growth and foreign investment.
Thursday 16 January 2025
Foxconn expands investments in the US and India
Foxconn has unveiled plans for substantial international investments. The tech manufacturing giant has announced these investments, which collectively total approximately US$160 million,...
Thursday 16 January 2025
TSMC drives record investment into US, Japan in China decoupling
Taiwan's companies invested a record amount of money in the US and Japan last year while the figure for China stagnated — highlighting supply-chain shifts resulting from worsening...
Thursday 16 January 2025
AMEC 2024: revenue soars 44%, R&D investment jumps 94%, new fab production expected by 2027
On January 14, Advanced Micro-Fabrication Equipment (AMEC) projected 2024 revenue of CNY9.065 billion (US$1.237 billion), reflecting a 44.73% increase compared to the previous year...
Wednesday 15 January 2025
Yaskawa Electric revises profit forecast downward as semiconductor demand slips
Japanese robotics giant Yasukawa Electric has revised its fiscal year 2024 consolidated operating profit forecast, projecting a 12.4% year-on-year decline to JPY58 billion (approximately...
Wednesday 15 January 2025
Indichip Semiconductors and Japan's Yitoa to build SiC fab in southern India
Indichip Semiconductors Ltd, in collaboration with Japan's Yitoa Micro Technology, is set to make a significant leap in India's electronics sector by establishing the nation's first...
Wednesday 15 January 2025
Intel to turn venture arm into separate firm with new name
Intel Corp., the once-dominant chipmaker struggling to revive its business and finances, plans to turn its venture capital arm into a separate fund with a new name.
Tuesday 14 January 2025
Taiwan's tech boom spurs wage growth, outshining global trends
Taiwan's tech industry is experiencing rapid growth, outpacing the capacity of government and educational institutions to train talent that matches the sector's expanding demands...
Tuesday 14 January 2025
Beijing and Shanghai power China's AI growth
Beijing and Shanghai have recently attained unprecedented levels of investment and development in the artificial intelligence (AI) sector. These two cities are propelling China's...
Monday 13 January 2025
Malaysia aims to become energy and chip manufacturing hub
Malaysian Prime Minister Anwar Ibrahim has announced plans to leverage the country's geographical advantages and recent foreign investments to position Malaysia as a hub for energy...
Monday 13 January 2025
Hyundai invests record US$16 billion in South Korea to accelerate EV, SDV development
Hyundai Motor Group has announced a historic investment of KRW24.3 trillion (approx. US$16.655 billion) in South Korea, marking the largest investment in the company's history. The...
Monday 13 January 2025
Japanese firms pivot investment from China to India
Growing geopolitical risks in Russia and China, coupled with mounting uncertainty in North America due to former President Trump's protectionist policies, are prompting Japanese companies...
Monday 13 January 2025
India's potential as a manufacturing hub grows, but significant challenges remain
The changing landscape of US-Sino relations has spurred a shift toward regional and local manufacturing bases, positioning India as an attractive destination for global production...