CONNECT WITH US
Global supply chain: Advanced economies
Advanced economies news coverage
IN THE NEWS
Thursday 23 May 2024
South Korea sets aside record US$19 billion to fuel chipmaking
South Korea has unveiled a $19 billion package of incentives to bolster its chip sector, a boon to Samsung Electronics Co. and SK Hynix Inc. as they race to stay ahead in an increasingly...
Thursday 23 May 2024
China conducts major military drills around Taiwan, but local market resilient
In a bold display of military might, China initiated extensive drills encircling Taiwan on May 23, a clear signal to the newly inaugurated Taiwanese president, Lai Ching-te. The exercises,...
Thursday 23 May 2024
Taiwan to share Science Park management know-how with friendly countries
Cheng-wen Wu, Minister of the National Science and Technology Council (NSTC), said that Taiwan would be happy to share and transfer the experience of science park management to other...
Thursday 23 May 2024
Taiwan celebrates completion of CIP's first operational offshore wind farm in the Asia-Pacific region
In the Taiwan Strait, a majestic array of 303 wind turbines now stands tall. Amid global headwinds facing the offshore wind industry due to inflation and rising interest rates, Taiwan...
Thursday 23 May 2024
UK and South Korea lead global AI safety summit, China and UAE firms pledge AI safety commitments
At the second Global AI Safety Summit, South Korea and the United Kingdom jointly introduced the "Seoul Declaration," committing world leaders to a consensus on principles for the...
Thursday 23 May 2024
Samsung's HBM lag threatens memory chip dominance in AI Era
Despite Samsung Electronics recently appointing a new leader for its Device Solutions (DS) division that comprises memory and foundry units, the company's lag behind SK Hynix in leading...
Thursday 23 May 2024
Samsung reportedly invests in 2nm mobile AP development
Samsung Electronics is reportedly investing in developing 2nm mobile Application Processors (AP), a technology that has yet to be commercialized.
Thursday 23 May 2024
Taiwan foundries gain PMIC orders shifted from China
Taiwanese foundries have seen customers switch orders for Power Management ICs (PMIC) from Chinese chipmakers in the wake of the US decision to raise tariffs for semiconductor imports...
Thursday 23 May 2024
TSMC CEO visits ASML HQ
In a recent LinkedIn post, ASML CEO Christophe Fouquet said that TSMC CEO C.C. Wei, along with other executives, paid a visit to ASML's Veldhoven headquarters last week.
Wednesday 22 May 2024
China's $10,000 EV is coming for Europe's carmakers
Cheap electric vehicles from China are already pushing into Europe, undercutting one of the region's biggest industries. BYD Co., which overtook Tesla Inc. last year to become the...
Wednesday 22 May 2024
Samsung sees second senior leadership shuffle amidst HBM lag, organizational restructuring imminent
In less than six months, Samsung Electronics experienced yet another notable shift in its senior leadership, coinciding with its trailing position behind SK Hynix in the HBM market...
Wednesday 22 May 2024
Taiwan's new president takes hard line on Beijing, eyes economic resilience
Lai Ching-te has officially assumed office as the 16th President of Taiwan, signaling a firm stance towards Beijing. His inaugural speech made clear that the new administration will...
Wednesday 22 May 2024
Taiwan seeks new funding solution for AMD's R&D center subsidy
The government will withhold approval of AMD's application to establish an R&D center in Taiwan until the source of related subsidy funding, potentially covering 35-40% of the...
Wednesday 22 May 2024
LG partners with Google to unveil 'empathetic AI' service robot in June
LG Electronics has established an "AI Robot Alliance" with Google, gearing up to introduce in June a service robot incorporating Google's latest generative AI, Gemini, as revealed...
Wednesday 22 May 2024
Western European TV Market sees recovery, 2H24 sports events to boost shipments
As global TV shipments declined in the first quarter of 2024, but demand for 75-inch and larger TVs remained strong. Notably, regional market differences have led to varying brand...