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NEWS TAGGED JOINT VENTURE
Monday 23 December 2024
India roundup: Dixon and Vivo form JV to make mobile phones in India
Local electronics manufacturers, including Dixon and Kaynes, are expanding as India strives to build a local supply chain. Multinationals like Apple and MSI continue investing in...
Monday 16 December 2024
Dixon and Vivo announce JV to boost smartphone manufacturing in India
Dixon Technologies and Vivo India have announced plans to form a joint venture, with Dixon securing a 51% majority stake and Vivo India holding 49%. This collaboration will focus...
Friday 13 December 2024
Stellantis, CATL partner to build EUR4 bn EV battery plant in Spain
CATL and Stellantis have entered a joint venture to establish a EUR4.038 billion (approx. US$4.25 billion) battery plant in Zaragoza, Spain, with each party holding a 50% stake. As...
Thursday 5 December 2024
VSMC breaks ground on Singapore 12-inch fab, mulling second facility
VisionPower Semiconductor Manufacturing Company (VSMC), a joint venture between Vanguard International Semiconductor (VIS) and NXP Semiconductors formed in September 2024, celebrated...
Wednesday 27 November 2024
Taiwan and Germany join forces for smart mobility with AI license plate innovation
On November 26, Germany's Tönnjes International Group and the German-Taiwanese joint venture Toennjes Leon unveiled an innovative AI anti-counterfeit license plate initiative...
Tuesday 26 November 2024
Thailand's PTT to reduce stake in joint venture with Foxconn
Thailand's state-controlled energy conglomerate PTT has announced that due to fierce competition in the EV market resulting in a price war, the group will lower its stake in the joint...
Friday 15 November 2024
Chinese EV makers weigh relocation as EU trade tensions mount
Mounting trade tensions between the European Union and China are prompting Chinese electric vehicle manufacturers to reevaluate their European production plans. Following the EU's...
Tuesday 12 November 2024
VIS experiences power outage at fab
On November 11, specialty IC foundry Vanguard International Semiconductor (VIS) encountered a 24-minute power interruption at Fab 3 in Taoyuan, northern Taiwan. The cleanroom was...
Monday 28 October 2024
CATL and BYD makes major EV investments in Indonesia
China-based Contemporary Amperex Technology (CATL) and BYD are making significant investments in Indonesia as the country seeks to establish itself in the electric vehicle (EV) ind...
Monday 21 October 2024
Galaverse develops AI-powered RF sensing for next-gen 6G networks
In the rapidly evolving world of wireless technology, Galaverse, a US-Australian joint venture, is developing advanced AI-powered radio frequency (RF) sensing technology with potential...
Monday 14 October 2024
SBI fumes over PSMC withdrawal, but semicon insiders question how they didn’t see it coming
A recent breakdown of a semiconductor joint venture between Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC) and Japan's SBI Holdings has led to differing statements...
Wednesday 9 October 2024
Why would TSMC increase stake investment in a mature-node foundry affiliate?
Taiwan Semiconductor Manufacturing Company (TSMC) announced on October 8 to subscribe to a NT$3.74 billion cash capital increase (approximately US$116 million) for Vanguard International...
Monday 7 October 2024
CG Power bolsters semiconductor design capabilities with US$36M Renesas RF unit acquisition
India-based CG Power and Industrial Solutions has acquired the RF component business of Japan-based Renesas for US$36 million, as both companies, along with Thailand-based Stars Microelectronics,...
Wednesday 2 October 2024
Foxconn confirms investments in India, likely its OSAT venture with HCL
Foxconn reportedly plans to invest approximately US$50 million in its Outsourced Semiconductor Assembly and Test (OSAT) joint venture with HCL, as India continues to offer attractive...
Monday 30 September 2024
Possible PMIC contract between DB HiTek and Tesla
South Korea-based 8-inch foundry business, DB HiTek, is on the verge of closing a contract with Tesla to manufacture power semiconductor devices for its electric vehicles (EVs). Should...