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Thursday 3 October 2024
BYD reportedly plans to establish EV plant in India in 2025
China-based automotive giant BYD is reportedly in talks with Indian conglomerates Reliance Group and Adani Group to set up a local manufacturing base in India. This move comes despite...
Tuesday 1 October 2024
Fujifilm doubles down on materials for sub-2nm process nodes
Fujifilm plans to strengthen its semiconductor materials capabilities with an investment of JPY 20 billion (US$ 140 million) to build facilities in Shizuoka and Oita, focusing on...
Tuesday 1 October 2024
Excellence Opto targets double-digit growth in 2025 with Mexico plant launch
Excellence Opto. Inc. (EOI) has returned to profitability in the first half of 2024, driven by a 110% utilization rate at its Taiwan and China plants. The company is preparing for...
Tuesday 1 October 2024
CSRC to build North America's largest eco-friendly carbon black plant
Michelin and Bridgestone, two of the world's leading tire makers, have pledged to incorporate 40% sustainable materials in their tires by 2030 and aim for 100% by 2050, as part of...
Tuesday 1 October 2024
Samsung delays Taylor and Pyeongtaek fab construction amid global semiconductor slowdown
Samsung Electronics has reportedly delayed construction and equipment orders for its Pyeongtaek Phase 4 (P4) plant in South Korea and its second facility (T2) in Taylor, Texas. This...
Tuesday 1 October 2024
TCL CSOT buys LGD Guangzhou site, strengthening China's TV panel dominance
LG Display (LGD) and TCL China Star Optoelectronics Technology (TCL CSOT) have signed an agreement for the latter to buy LGD's 8.5G LCD facility in Guangzhou for CNY10.8 billion (US$1.54...
Tuesday 1 October 2024
Fire causes indefinite halt to iPhone production at Tata's plant, overshadowing workforce expansion plans
A fire broke out at Tata Electronics' iPhone manufacturing plant in Tamil Nadu, leading to an indefinite halt in operations just a day after the company announced plans to double...
Monday 30 September 2024
Intel's EUR10 billion semiconductor plant stalls amid German chips and batteries budget battle
Intel's EUR10 billion (approx. US$10.5 billion) semiconductor plant in Magdeburg, Germany, has hit a major roadblock as the country faces a critical budget tug-of-war between funding...
Monday 30 September 2024
Traffic and talent emerge as two major issues for JASM, with no short-term solution in sight
Taiwan's Minister of Economic Affairs J.W. Kuo led a delegation to Japan and visited the construction site of TSMC's Kumamoto plant (JASM) on September 24. He also met with the governor...
Monday 30 September 2024
China's top OSATs invest big in advanced packaging to compete globally
China's leading outsourced semiconductor assembly and test (OSAT) companies, such as Jiangsu Changjiang Electronics Technology (JCET) and Tongfu Microelectronics, are intensifying...
Monday 30 September 2024
Foxconn refused to comment on rumored US$1 billion smartphone display module assembly line in India
Foxconn is reportedly evaluating an investment of US$1 billion to establish a smartphone display module assembly plant in Tamil Nadu, India, possibly the first in Southern India,...
Monday 30 September 2024
Massive fire at Tata Electronics' iPhone manufacturing facilities in Tamil Nadu prompts investigation
A significant fire erupted at Tata Electronics' iPhone component manufacturing facility in Tamil Nadu, India, forcing a temporary closure of the plant. While the fire has been extinguished,...
Saturday 28 September 2024
SBI terminates semiconductor plant partnership with Taiwan's PSMC
Japanese financial firm SBI Holdings has announced the termination of its collaboration with Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC) to build a semiconductor...
Friday 27 September 2024
LGD confirms sale of LCD plant; possible addition of 8.6G IT OLED to P10 fab
To combat Chinese companies and satisfy future OLED demand, South Korea-based manufacturers Samsung Display (SDC) and LG Display (LGD) are expediting their investments in 8.6G IT...
Thursday 26 September 2024
European battery makers struggle as EV demand cools and investments falter
Europe's homegrown lithium battery sector is grappling with widening losses as electric vehicle (EV) demand slows and automakers face challenges in their transition to electrificat...