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GeoWatch
Essential technology and geopolitical news recap.
Essential technology and geopolitical news recap, GeoWatch, focuses on the tech supply chain, providing effortless insights.

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IN THE NEWS
Monday 1 April 2024
Huawei defies US sanctions, surges in profit, and expands ecosystem in 2023
Despite intensifying US sanctions, Huawei tried to prove it could navigate challenges and make progress by recording a surge in profit in 2023 in addition to a widening ecosystem...
Friday 29 March 2024
Nissan strengthens partnership with Renault, plans joint exploration of Indian market
Nissan and Renault execs traveled together to India.
Friday 29 March 2024
Targeting Tesla Model 3, Xiaomi's first EV stirs up intense Chinese market
Xiaomi secured 50,000 firm orders for its first electric sedan, SU7, 27 minutes after it began receiving orders on the night of March 28.
Friday 29 March 2024
Chinese lithography equipment imports slow
Amid export restrictions imposed by the US and its allies and a move to indigenization, lithography equipment exports to China slowed in the first two months of 2024.
Friday 29 March 2024
HP visits Taiwan with most high-level delegation ever
Supply chain sources revealed that HP CEO Enrique Lores led a whirlwind visit to Taiwan this week.
Friday 29 March 2024
Hyundai will invest KRW68 trillion to boost EV competitiveness
Hyundai Motor Group announced on March 27 that it aims to invest KRW68 trillion (US$51 billion) in South Korea until the end of 2026.
Friday 29 March 2024
Chinese EV exports to US, Europe decline
Chinese customs statistics indicate that Electric Vehicle (EV) exports from China to Europe and the US decreased by 20% and over 40%, respectively, year-on-year during the first two...
Friday 29 March 2024
SMIC profit down over 60% in 2023, plans steady course for 2024
SMIC reported its financial results for 2023, and due to the industrial downturn, sales and profit declined for the reporting period. SMIC plans to navigate 2024 steadily and stabl...
Thursday 28 March 2024
PwC Survey: global risks for Taiwan's business leaders
PwC Taiwan's latest unveiling of the "Taiwan CEO Survey 2024" underscores the prevailing concerns among global and Taiwanese business magnates.
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.
Thursday 28 March 2024
Lenovo Taiwan is reportedly undergoing layoffs
Industry rumors suggest that a well-known Taiwanese branch of a Chinese company located in Nangang, Taipei, is undergoing layoffs, with speculation pointing directly at Lenovo.
Thursday 28 March 2024
Chinese state-owned companies expanding presence in semiconductor industry
Chinese state-backed enterprises are expanding their presence in the semiconductor industry, the latest example being China Resources' takeover of backend house Jiangsu Changjiang...
Wednesday 27 March 2024
Dutch government allocates EUR 2.5 billion to keep ASML in motherland
ASML's future may be decided by Beethoven.
Wednesday 27 March 2024
China Resource pays CNY11.6 billion to gain full control of JCET
The buyer behind the change of controlling interest in Jiangsu Changjiang Electronics Tech (JCET), the world's third-largest IC packaging and testing company and the largest in Mainland...
Wednesday 27 March 2024
Nikon sees Chinese EV industry as a key part of its lithography revival
In the fiercely competitive realm of the global lithography market dominated by ASML, Nikon is making strategic inroads. The renowned Japanese company is now supplying lithography...