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Advanced economies news coverage
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Tuesday 1 October 2024
Taiwan's CHEM targets US, Japan as global energy demand rises
Chung-Hsin Electric and Machinery Manufacturing (CHEM) is witnessing substantial growth driven by aggressive capacity expansion, having acquired multiple factories to boost production...
Tuesday 1 October 2024
Excellence Opto targets double-digit growth in 2025 with Mexico plant launch
Excellence Opto. Inc. (EOI) has returned to profitability in the first half of 2024, driven by a 110% utilization rate at its Taiwan and China plants. The company is preparing for...
Tuesday 1 October 2024
Global 300mm fab equipment spending to hit US$400 billion from 2025 to 2027, says SEMI
Global spending on 300mm fab equipment is expected to reach a record US$400 billion from 2025 to 2027, according to SEMI. The robust spending is being driven by the regionalization...
Tuesday 1 October 2024
CSRC to build North America's largest eco-friendly carbon black plant
Michelin and Bridgestone, two of the world's leading tire makers, have pledged to incorporate 40% sustainable materials in their tires by 2030 and aim for 100% by 2050, as part of...
Tuesday 1 October 2024
BYD's local integration drives ASEAN market dominance
The ASEAN market, spanning multiple countries, has become a fiercely competitive battleground for numerous automotive and new energy vehicle (NEV) brands. In this landscape, BYD has...
Tuesday 1 October 2024
European automakers face pressure from China, Euro 7 amid weak EV sales
European electric vehicle (EV) sales suffered a weak performance in 2024. Automakers are facing great pressure from Chinese EVs and potential emission penalties.
Tuesday 1 October 2024
SK Hynix advances 16-layer HBM3E to maintain market lead
SK Hynix is expediting the development of 16-layer HBM3E (High Bandwidth Memory) to reinforce its leading position in the competitive HBM market, as challenges from rivals like Samsung...
Tuesday 1 October 2024
Samsung delays Taylor and Pyeongtaek fab construction amid global semiconductor slowdown
Samsung Electronics has reportedly delayed construction and equipment orders for its Pyeongtaek Phase 4 (P4) plant in South Korea and its second facility (T2) in Taylor, Texas. This...
Tuesday 1 October 2024
Starlux Airlines targets Asia-Pacific hub status as AI boom fuels cargo surge, eyes 2024 October IPO
Starlux Airlines is poised to capitalize on strong global demand in passenger and cargo markets, projecting growth through 2025. The airline, which has been operating for six years,...
Tuesday 1 October 2024
TCL CSOT buys LGD Guangzhou site, strengthening China's TV panel dominance
LG Display (LGD) and TCL China Star Optoelectronics Technology (TCL CSOT) have signed an agreement for the latter to buy LGD's 8.5G LCD facility in Guangzhou for CNY10.8 billion (US$1.54...
Tuesday 1 October 2024
Customer-centric and continuously innovative: How Chunghwa Telecom IDC became Epson's premier partner for sustainable transformation
The Internet Data Center (IDC) is crucial to the operations of many businesses. The efficiency, cybersecurity, and performance in green energy and carbon reduction of an IDC are crucial...
Tuesday 1 October 2024
Soft launch of Energy Taiwan 2024 highlights solar and energy storage supply chain
The 2024 Energy Taiwan and Net-Zero Taiwan Exhibitions are kicking off on October 2. A pre-event press conference was held on September 30, featuring companies such as TSEC, Formosa...
Monday 30 September 2024
South Korea's chip stockpiles shrink at fastest pace since 2009
South Korea's semiconductor stockpiles dwindled at the fastest clip since 2009 last month in a sign of sustained demand for high-performance memory chips used in artificial intelligence...
Monday 30 September 2024
Intel's EUR10 billion semiconductor plant stalls amid German chips and batteries budget battle
Intel's EUR10 billion (approx. US$10.5 billion) semiconductor plant in Magdeburg, Germany, has hit a major roadblock as the country faces a critical budget tug-of-war between funding...
Monday 30 September 2024
Taiwan eyes tech growth, strengthening supply chain amid AI boom
Amid the rise of generative AI and global supply chain restructuring, Taiwan's exports to the United States and ASEAN have surged to unprecedented levels. In August 2024, Taiwan's...