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Wednesday 26 June 2024
South Korea kicks off US$ 19 billion of chip loans, funds from July
South Korea will begin awarding aid to chipmakers in July, kicking off a KRW 26 trillion (US$ 19 billion) package of financial support pledged toward boosting a href="https://www.bloomberg.com/news/articles/2024-05-23/south-korea-sets-aside-record-19-billion-to-boost-chip-industry"...
Wednesday 26 June 2024
Don't get misled by Germany. Europe's demand for EVs stronger than anticipated
Germany terminated its EV subsidy at the end of 2023, casting a shadow over Europe's EV sales in 2024.
Wednesday 19 June 2024
TSMC chairman's visit to Europe - to negotiate prices for High NA EUVs and German subsidies
The visit of top Taiwan Semiconductor Manufacturing Company (TSMC) executives to Dutch semiconductor equipment manufacturer ASML in late May had many media speculating whether TSMC...
Wednesday 19 June 2024
GlobalWafers receives EUR103 million subsidy for Italian fab
GlobalWafers announced on June 18 that, following the European Commission's Directorate-General (DG) approval of GlobalWafers' Italian subsidiary MEMC Electronic Materials' plant...
Thursday 30 May 2024
China mulling CNY6 billion to boost all-solid-state battery R&D
The Chinese government will likely take action to retain the country's leading position in the battery sector. State-owned media reported that China may offer CNY6 billion (US$844...
Friday 24 May 2024
Absolics becomes first materials firm to get US CHIPS Act subsidy
Absolics, an affiliate of South Korean chemical material firm SKC and invested by Applied Materials, signed a Preliminary Memorandum of Terms (PMT) with the US Department of Commerce...
Wednesday 22 May 2024
Taiwan seeks new funding solution for AMD's R&D center subsidy
The government will withhold approval of AMD's application to establish an R&D center in Taiwan until the source of related subsidy funding, potentially covering 35-40% of the...
Tuesday 21 May 2024
South Korea's semiconductor subsidy: a bid to attract SMEs
As major countries, particularly the United States, escalate their substantial subsidies for domestic semiconductor production, South Korea's industry is increasingly concerned about...
Friday 10 May 2024
Panasonic's battery unit benefits from US subsidy as weak EV demand to impact sales
Panasonic Group reported a record-high net income for the fiscal year ending in March 2024. Its battery business received significant tax credits from the US Inflation Reduction Act...
Tuesday 30 April 2024
Asahi Kasei to build large battery separator plant in Canada with US IRA subsidy support
Japan's Asahi Kasei has unveiled plans to construct an integrated plant in Ontario, Canada.
Monday 22 April 2024
Japan's GenAI boost: US$480 million subsidy fuels domestic cloud computing services
Japan's Ministry of International Trade and Industry (MITI) unveils a JPY 72.5 billion (US$480 million) subsidy to back Generative AI (GenAI) development by five local firms, including...
Friday 12 April 2024
South Korea accelerates semiconductor strategy post-Taiwan quake
In the wake of a seismic event rattling Taiwan, and amidst the dawn of the AI era, South Korea's governmental bodies and corporate giants have convened to assess supply chain vulnerabilities...
Tuesday 9 April 2024
Advanced chips 100% made in US will be possible
According to TSMC's announcement of a third fab for 2nm and more advanced chips, as well as Amkor Technology's intentions to develop an advanced packaging fab in Arizona, advanced...
Monday 1 April 2024
Suzuki joins Japan's auto SoC alliance as government reportedly to offer subsidy
Suzuki Motor has become the latest member of Japan's Advanced SoC Research for Automotive (ASRA).
Thursday 28 March 2024
US Treasury Secretary Yellen has an EV subsidy bone to pick with China
The US does not want to retaliate, Yellen said.