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Advanced economies news coverage
IN THE NEWS
Friday 1 April 2022
EV battery startup InoBat Auto to visit Taiwan
Slovakia-based battery startup InoBat Auto, developing lithium-ion batteries for EV and aviation sectors, will visit Taiwan in April/May to seek...
Friday 1 April 2022
Gogoro ready to bring battery-swapping e-scooters to Nasdaq listing
There is nothing more ordinary than riding a scooter to work or to the grocery store in Taiwan. There are half a billion two-wheelers roaming the streets in China, India, and Taiwan...
Friday 1 April 2022
New AWS cloud center opened in southern Taiwan
Amazon Web Services (AWS) has joined forces with Taiwan's Sysage Technology and government agencies to set up a Cloud Innovation Center (CIC) in southern Taiwan, for incubating startups...
Thursday 31 March 2022
TSMC to reiterate sales and capex outlook at upcoming investor meeting
TSMC is expected to reiterate its sales growth outlook for 2022 of 25-29% while maintaining its capex target this year of US$40-44 billion at its upcoming investor conference call...
Thursday 31 March 2022
Asustek, Nvidia to build Taiwan's first supercomputer for biomedical research
Asustek Computer has announced a partnership with Taiwan's National Health Research Institutes (NHRI) and Nvidia to develop Taiwan's first AI supercomputer for biomedical research.
Thursday 31 March 2022
Japan looks to revive semiconductor industry
Japan is under great pressure to find solutions to revive its semiconductor industry, as the ongoing chip shortages and high semiconductor supply chain disruption risks remain major...
Tuesday 29 March 2022
Concerns raised about COVID impact on IC, IT sectors
Concerns have been raised about the impact of COVID lockdowns in China on the IC and IT industry supply chains this year.
Tuesday 29 March 2022
Hyundai, BAIC inject US$942 million into Beijing JV
Hyundai Motor is injecting US$471 million into Beijing Hyundai, its joint venture in China with Beijing Automotive Industry (BAIC), despite weak sales, according to South Korean media...
Tuesday 29 March 2022
Eight Taiwan aerospace technology firms attend Satellite 2022
Eight Taiwan companies, with the coordination of Infinio Capital, participated in Satellite 2022 conference and exhibition hosted in Washington D.C. to connect with space-tech industry...
Tuesday 29 March 2022
Taiwan's private sector pushes for more EV chargers
Taiwan's energy and vehicle developers are eager to build more electric vehicle (EV) and scooter chargers, with increasing emphasis placed on residential places.
Tuesday 29 March 2022
Taiwan's traditional industries look to energy storage market
Taiwan's energy storage market scale is expected to exceed NT$200 billion (US$6.9 billion) by 2030, attracting new entrants from traditional manufacturing sectors, according to industry...
Tuesday 29 March 2022
Stellantis and LGES to form JV for lithium-ion battery production plant in Canada
Stellantis and LG Energy Solution (LGES) have announced they will invest over CAD5 billion (US$4.1 billion) to form a joint venture that will produce lithium-ion batteries in Canada...
Monday 28 March 2022
STMicro to raise chip prices in 2Q22, other IDMs expected to follow suit
STMicroelectronics Asia Pacific has notified its distributors about price increases for all its product lines in the second quarter of 2022, which may encourage other automotive and...
Monday 28 March 2022
Formosa Plastics Transport to commercialize electric truck in 2023
Formosa Plastics Transport (FPT) has set a target to commercialize its 12-ton electric truck in the first quarter of 2023, and the company recently completed the prototypes of two...
Monday 28 March 2022
Taiwan Taxi garners US$5 million venture capital
Taiwan Taxi's 55688 app is already the largest mobile platform in Taiwan, with about 6.5 million users, according to venture capital firm Headline Asia, which has just announced a...