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Monday 13 January 2025
UK becomes Europe's largest EV market in 2024 amid policy shifts
In 2024, the UK overtook Germany to become Europe's largest market for battery electric vehicles (BEVs), driven by divergent policies between the two nations. The UK's carbon emission...
Monday 13 January 2025
Xiaomi eyes South Korean EV market with new subsidiary
Chinese tech giant Xiaomi has sparked speculation about its electric vehicle (EV) ambitions in South Korea following the establishment of a local subsidiary that includes "automobile...
Monday 13 January 2025
Hyundai invests record US$16 billion in South Korea to accelerate EV, SDV development
Hyundai Motor Group has announced a historic investment of KRW24.3 trillion (approx. US$16.655 billion) in South Korea, marking the largest investment in the company's history. The...
Monday 13 January 2025
AI power crunch: Taiwan govt sets preconditions for nuclear power adoption
On January 8, 2025, Executive Yuan Premier Cho Jung-tai addressed the closing ceremony of the "2025 Executive Yuan Technology Advisory Meeting," announcing that the government has...
Monday 13 January 2025
TSMC poised for record profits in 2024, supercharging Taiwan's chip supply chain
TSMC is set to achieve new revenue and profit records in 2024, driven by strong AI orders, according to industry sources. The pure-play foundry continues to accelerate its advanced...
Monday 13 January 2025
Yageo's December revenue drops below NT$10 billion, with AI set to drive growth in 2025
Taiwanese passive component leader Yageo reported its revenue for December 2024 dipped below the NT$10 billion (approx. US$303.75 million) mark. However, the company still achieved...
Monday 13 January 2025
LG Display may convert iPad OLED lines to iPhone panel production amid weak tablet demand
LG Display is reportedly planning to adjust its production line configuration by converting its iPad OLED panel production lines to manufacture iPhone OLED panels. This decision comes...
Monday 13 January 2025
Japanese firms pivot investment from China to India
Growing geopolitical risks in Russia and China, coupled with mounting uncertainty in North America due to former President Trump's protectionist policies, are prompting Japanese companies...
Friday 10 January 2025
Korea rides semiconductor wave as 2024 exports set a new record
South Korea's exports surged to a record-breaking US$683.8 billion in 2024. Semiconductor exports played a pivotal role, reaching US$141.9 billion, setting a new high and driving...
Friday 10 January 2025
HDRE hits record US$57 million revenue in 2024
HD Renewable Energy (HDRE) posted consolidated revenue of NT$9.52 billion (approx. US$57.32 million) in December 2024, showing growth of 48.22% compared to the previous month and...
Friday 10 January 2025
Taiwan launches subsidy program to promote domestic drone chip capabilities
Taiwan's drone industry faces a significant challenge due to limited chip design capabilities for drones. To address this issue, Taiwan's Ministry of Economic Affairs (MOEA) launched...
Friday 10 January 2025
Rayzher's December 2024 revenue soars on Taiwan fab construction demand
Rayzher reported record-breaking December 2024 revenue of NT$236 million (US$7.17 million), marking a substantial 68.91% increase from the previous year, driven by robust demand from...
Friday 10 January 2025
SAS Group's subsidiaries drive record growth in multiple sectors in 2024
Sino-American Silicon Products Group (SAS Group) demonstrated remarkable growth across its diversified portfolio in 2024, propelled by strong performances from subsidiaries in semiconductors,...
Friday 10 January 2025
Rapidus plans to supply 2nm chip samples to Broadcom
Japanese foundry Rapidus is preparing to provide 2nm chip samples to US semiconductor giant Broadcom, after it began trial production, which is scheduled for April 2025 and mass production...
Friday 10 January 2025
AI and decentralization drive smart energy solutions in Taiwan's digital transformation
Taiwan's power industry is undergoing a profound digital transformation, spurred by the decentralization and liberalization of the electricity market. Established companies are keen...