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Wednesday 18 December 2024
SoftBank CEO pledges US$100 billion AI investment with Trump
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...
Tuesday 17 December 2024
Tech giants prioritize cost-performance ratio for AI investment; Nvidia's computing clusters gain traction
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...
Tuesday 17 December 2024
Asia's floating wind race: South Korea, Taiwan set sail as Japan stays in port?
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...
Tuesday 17 December 2024
German government approves TSMC's Dresden fab financing plan
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...
Monday 16 December 2024
South Korea's semiconductor materials sector faces crisis amid market slump and foreign acquisitions
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...
Friday 13 December 2024
Foxconn subsidiary to expand in Thailand with new factories in Chonburi and Rayong
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...
Thursday 12 December 2024
Europe's electrification challenges: refinancing becomes a new dilemma in 2025
The European automotive supply chain encountered significant hurdles in 2024 as electrification demand fell short of expectations, leading to low investment returns and widespread...
Thursday 12 December 2024
Taiwan to launch AI supercomputing center in 2025 with 100 PFLOPS, outpacing Nvidia's Taipei-1
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...
Thursday 12 December 2024
Intel, Microchip cases expose CHIPS Act challenges
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...
Thursday 12 December 2024
Micron set to grab Chips Act funds, Korean rivals risk falling behind
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...
Thursday 12 December 2024
Tesla reportedly rekindles India dreams, resumes showroom search
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...
Wednesday 11 December 2024
Micron secures US$6.165 billion in CHIPS Act funding for US expansion
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...
Tuesday 10 December 2024
Japan launches US$670 million semiconductor subsidy scheme
In a bid to enhance economic security and strengthen supply chains, the Japanese government is providing subsidies for domestic production in sectors such as semiconductors, advanced...
Monday 9 December 2024
LGES acquires GM battery plant after Trump's election
In light of the sluggish electric vehicle (EV) market and uncertainties following Donald Trump's re-election, LG Energy Solution (LGES) will acquire all shares of the battery plant...
Monday 9 December 2024
India reports surging chip imports with rising reliance on China
India's semiconductor imports have continued to rise as the nation works to establish its electronics manufacturing supply chain. This increase in chip imports is accompanied by a...