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Advanced economies news coverage
IN THE NEWS
Wednesday 23 August 2023
Samsung localizes supplier base amid rising geopolitical risks
Amid rising geopolitical risks, official data shows that Samsung Electronics has been localizing its suppliers, with Korea-based suppliers accounting for over 50% share in 2023.
Tuesday 22 August 2023
Korea's Internet leader to unfurl entry in ChatGPT-style AI race
Naver Corp., whose Line messaging app and search engine dominate Japan and Korea's internet landscapes, will unfurl its own answer to ChatGPT this week as it joins a race to tap potentially...
Tuesday 22 August 2023
Giga Mexico hints return of Tesla to North America, says DIGITIMES Research
With a location in proximity to the Tesla headquarters and a factory area as well as production capacity surpassing Giga Shanghai, Giga Mexico is an indication that Tesla is shifting...
Tuesday 22 August 2023
Global smartphone shipments to hit decade low in 2023
According to Counterpoint Research, 2023 is on track to be the worst year for global smartphone shipments in ten years.
Tuesday 22 August 2023
Taiwan's offshore wind round 3.2 expected to reach 3.6GW
Taiwan has officially started phase three of its offshore wind development. Concerning the bidding regulations for the second segment (phase 3.2), the Bureau of Energy recently unveiled...
Tuesday 22 August 2023
Japanese semiconductor equipment firms invest in future growth related to AI
According to Dempa and Nikkei reports, most semiconductor equipment-related vendors' April to June results declined from a year ago. However, those vendors remain...
Tuesday 22 August 2023
Taiwan memory chip makers see little progress in inventory correction
Nanya Technology, Winbond Electronics and Macronix International have not seen much progress in their inventory correction, with the combined value of their second-quarter 2023 inventory...
Tuesday 22 August 2023
Taiwanese semiconductor companies slash recruitment and bonuses
The semiconductor industry continues market adjustment as no significant improvement is seen in the end market demand for mainstream consumer electronic products. Leading American...
Tuesday 22 August 2023
Unimicron sees limited impact from factory fire
A fire broke out recently at one of Unimicron Technology's factories in Taoyuan, northern Taiwan. The IC substrate and PCB maker expects the incident to have a limited impact on its...
Tuesday 22 August 2023
Amid production cuts, NAND flash supply chain sees shakeup
All major NAND flash suppliers are continuing to constrain their output, with prices for the memory segment to see slower declines. A shakeup of the NAND flash supply chain is also...
Monday 21 August 2023
Samsung SDI reportedly to build South Korea's first LFP battery plant
South Korean battery maker Samsung SDI will likely build the country's first LFP battery plant in its Ulsan production base, according to local media reports. However, as CATL and...
Monday 21 August 2023
SK Hynix releases HBM3E and sends samples to Nvidia
SK Hynix has successfully developed a next-generation high bandwidth memory (HBM) called HBM3E, and has provided samples to Nvidia for performance evaluation, according to a company...
Monday 21 August 2023
Semiconductor packaging material suppliers optimistic about EV-generated market growth
The future car market is promising. Automotive suppliers said while the car component supply will keep fluctuating slightly in 2023, the situation will become stable in 2024.
Monday 21 August 2023
Taiwan and US team up on energy storage
Anticipated growth in the energy storage system market is centered on key regions like the U.S., China, and Europe, driven by the global push for increased renewable energy installations...
Friday 18 August 2023
SK On makes battery material investment in Canada, expanding battery production on home turf
South Korea-based battery manufacturer SK On is accelerating expansion. The company will invest in a new battery material plant in Quebec, Canada, with Ford. It also plans to build...