The Biden administration had already allocated US$7.5 billion for the purpose of expanding the electrical vehicle (EV) charging network. Recently, it announced that a subsidy of US$521...
Yung-Chung Kao, chairman of compound semiconductor manufacturer IntelliEPI, announced that the company has secured a subsidy of US$4.1 million under the Texas CHIPS Act, which will...
Taiwan-based OSAT, ASE, signed a tentative contract with the government of Kitakyushu in Kyushu, Japan, to buy land in Kitakyushu's Wakamatsu-ku where they would attempt to expand...
Having received a subsidy of EUR10 billion (US$11 billion) from the German government to complete construction and start production within three years, what is the newest progress...
Japanese prime minister Fumio Kishida is stepping down before the end of September 2024. Many policies from his administration require large budgets, including providing subsidies...
Since taking the helm in February 2021, Intel CEO Pat Gelsinger has grappled with mounting losses at the company's foundry division. A critical challenge is establishing Intel Foundry...
Silicon wafer company GlobalWafers has revised its revenue growth projection for 2024 to a decline in the high single digits. The revision was downgraded for the second time this...
In March and April 2024, Intel and TSMC received substantial subsidies of US$8.5 billion and US$6.6 billion respectively for building plants in the US under the CHIPS and Science...
Despite the Biden Administration's push for EV supply chain localization through policies like the Inflation Reduction Act (IRA), the recent Fisker bankruptcy suggests these policies...
South Korea will begin awarding aid to chipmakers in July, kicking off a KRW 26 trillion (US$ 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"...
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...
GlobalWafers announced on June 18 that, following the European Commission's Directorate-General (DG) approval of GlobalWafers' Italian subsidiary MEMC Electronic Materials' plant...
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...
