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Friday 26 July 2024
Thailand maintains electricity tariff to ease economic strain
Thailand's Ministry of Energy has announced that it will freeze electricity prices at THB4.18 (approximately US$0.12 ) per unit until the end of 2024. This decision aims to alleviate...
Friday 26 July 2024
India reportedly to ease curbs on Chinese investments
As Narendra Modi enters his third term as India's Prime Minister, the country is reportedly expected to adopt a somewhat softer stance on its economic ties with China by easing its...
Friday 26 July 2024
Nvidia's investment in Serve Robotics opens new market for AI-powered food delivery
Nvidia's recent investment in Serve Robotics, involving a minority stake worth US$3.7 million, has captured significant attention.
Thursday 25 July 2024
Official data reveals record investments in Kyushu attracted by TSMC
According to data from the Kyushu Bureau of Economy, Trade, and Industry, from April 2021 to June 2024, there have been 100 new semiconductor-related investments announced or reported,...
Thursday 25 July 2024
US urges Mexico to boost semiconductor investment to keep pace with heated nearshoring race
A high official of the US Agency for International Development (USAID) has recently urged Mexico to significantly increase investment in its semiconductor industry over the next two...
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
Optical industry acquiring new factories in fear of land shortage
Players in the optical industry have been expanding factories abroad or purchasing new ones in Taiwan as demand for optical components has continued to rise from many different applications,...
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...
Wednesday 24 July 2024
SDC 8.6G OLED investment fuels South Korea panel equipment import surge
South Korea's imports of panel manufacturing equipment soared tenfold in the first half of 2024 compared to the same period in 2023, reaching approximately US$315 million. This dramatic...
Wednesday 24 July 2024
Post-Biden-exodus, Democratic candidates and supply chain prospects
On July 21, US President Joe Biden announced that he would not seek re-election, a decision that adds new variables to the semiconductor and electronic manufacturing supply chain...
Monday 22 July 2024
Taiwan to unveil new policies to mitigate talent shortfall with AI and foreign workers
The Economic Development Council under Taiwan's Executive Yuan held its first meeting on July 18, addressing three key policy themes: the trillion-dollar National Development Investment...
Friday 19 July 2024
Hyundai Motors to propel hydrogen bus expansion with 300 new charging stations
Hyundai Motor is set to reshape South Korea's eco-friendly bus market by significantly bolstering its hydrogen bus business. The automaker plans to make a substantial investment in...
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...
Friday 19 July 2024
Samsung halts foundry line construction at P4 amid customer challenges
Samsung Electronics is reportedly adjusting its investment pace and postponing the construction of the wafer foundry line at its Pyeongtaek Plant 4 (P4) due to difficulties in securing...