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Monday 13 May 2024
US reportedly to quadruple tariffs on Chinese EVs
The US is poised to take a tough stance on China's clean energy products. The Biden administration reportedly will soon announce new tariffs on China-made EVs, solar goods, and other...
Friday 10 May 2024
Biden set to impose tariffs on China EVs, strategic sectors
President Joe Biden's administration is poised to unveil a sweeping decision on China tariffs as soon as next week, one that's expected to target key strategic sectors while rejecting...
Friday 10 May 2024
SMIC warns of growing chip pricing competition in China
Semiconductor Manufacturing International Corp. expects its average selling price to fall this quarter as chipmakers increase capacity, raising the alarm about growing price competition...
Friday 10 May 2024
US to triple semiconductor manufacturing capacity by 2032, says SIA
The US will triple its domestic semiconductor manufacturing capacity from 2022—when the CHIPS and Science Act (CHIPS) was enacted—to 2032. The projected 203% growth is...
Friday 10 May 2024
BIS adds 37 Chinese entities to Entity List, highlighting quantum tech concerns
In a recent move aimed at bolstering national security measures, the US Commerce Department's Bureau of Industry and Security (BIS) has added 37 People's Republic of China (PRC) entities...
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...
Friday 10 May 2024
US ponders restrictions for China-made connected cars, new tariffs on EVs
The US-China trade relationship will likely exacerbate as the US might take "extreme action" on Chinese-made connected cars. The Biden administration is also considering new tariffs...
Friday 10 May 2024
IntelliEPI secures second-phase defense contract from the US SBIR
Yung-chung Kao, the chairperson of compound semiconductor manufacturer IntelliEPI, expressed that the market for Gallium antimonide (GaSb) wafers is rapidly expanding.
Thursday 9 May 2024
Former NSA boss calls for more aggressive policy to thwart hacks
The US must undertake a "full-time surge" to combat the rise in cyberattacks that are undermining US national security, the recently departed head of the National Security Agency...
Thursday 9 May 2024
US Justice Department steps up focus on competition in AI
The US Justice Department is stepping up its focus on competition in the artificial intelligence industry, top officials said, as Big Tech companies invest billions of dollars to...
Thursday 9 May 2024
Alat fund of Saudi Arabia poised to cut China ties for US chips and AI
Saudi Arabia's Alat Fund is prepared to sever ties with China if requested by the United States, following a similar move by UAE's G42.
Thursday 9 May 2024
Asia Optical to pursue growth on 3 fronts, says chairman Lai Yi-Jen
Asia Optical, one of Taiwan's leading optical device suppliers, has achieved several breakthroughs in recent months, as stated by chairman Lai Yi-Jen during the company's earnings...
Wednesday 8 May 2024
US government to grant small, medium-sized auto suppliers US$100 million for EV transition
The US is giving its automotive industry another boost toward EVs. The federal government will offer over US$100 million in grants to help small- and medium-sized automotive components...
Wednesday 8 May 2024
Excellence Opto expected to improve profit significantly in 2H24
Rumors have been around in the electric vehicles market, with Tesla's Cybertruck recently facing a recall, causing a temporary slowdown in supply chain deliveries. It is anticipated...
Tuesday 7 May 2024
Nvidia backs UK self-driving startup Wayve in US$1 billion round
US chipmaker Nvidia Corp. is investing in Wayve Technologies Ltd., joining a US$1.05 billion funding round for the UK startup that wants to get its autonomous-driving technology into...