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Emerging tech, businesses news coverage
IN THE NEWS
Tuesday 24 October 2023
Detroit and Korea's $28 billion battery bets risk going sideways
Weeks of tense bargaining around Detroit are making battery manufacturers some 6,600 miles (10,600 kilometers) away nervous.
Tuesday 24 October 2023
Taiwan-based Neuchips targets AI inference chip market with energy-efficient solutions
Ken Lau, CEO of Neuchips, shared his views on the AI chip sector in a recent interview with DIGITIMES. He said while Nvidia seems to be the main supplier of general-purpose GPUs,...
Tuesday 24 October 2023
Steelmakers develop low-carbon emission products for EVs, chargers
Reducing the carbon emissions of automotive steel has been one of carmaker's priorities to use environmentally-friendly materials. Steelmakers like Taiwan-based China Steel Corporation...
Tuesday 24 October 2023
New Chinese EV policies expected to boost local demand for next several years, says DIGITIMES Research
The Chinese government announced two critical electric vehicle (EV) industry policies in June 2023. One is a tax exemption and reduction package for EV purchases nationwide, and the...
Tuesday 24 October 2023
Japan seeks to build common standards on semiconductor and EV subsidies with the US and Europe
The Japanese government is currently attempting to collaborate with the United States and Europe to establish common standards for subsidies in the semiconductor and electric vehicle...
Tuesday 24 October 2023
Intel CEO to attend company forum in Taiwan
Following Nvidia CEO Jensen Huang's recent visit to Taiwan, Intel CEO Pat Gelsinger will visit the country for the second time in six months, according to sources familiar with the...
Tuesday 24 October 2023
China homegrown AI chip development proceeding despite US ban
The Chinese chipmaking industry continues to make strides in the domestic development of artificial intelligence (AI) processors despite stricter US bans. Prominent Chinese corporations...
Tuesday 24 October 2023
Foxtron, a joint venture of Foxconn and Yulon, goes public in early November at Taiwan Stock Exchange
Foxtron Vehicle Technologies (Foxtron), a joint venture between Foxconn and Yulon Motor, is set to go public in early November on the Innovation Board of Taiwan Stock Exchange, featuring...
Monday 23 October 2023
VW falls after cutting forecast on EUR 2.5 billion hedging loss, costs
Volkswagen AG shares declined after outlining weaker-than-expected third-quarter earnings and hedging losses.
Monday 23 October 2023
Ichia to see over 70% of 2023 revenue come from automotive sector
Ichia Technologies, a provider of mechanism integration components and flexible PCBs (FPCB), anticipates that automotive product sales will account for more than 70% of its total...
Monday 23 October 2023
Hyundai to build its first EV plant in Middle East
Hyundai Motor will soon expand its production footprint to Saudi Arabia. The South Korean automaker plans to build a joint EV manufacturing plant in the country with the Public Investment...
Monday 23 October 2023
Realtek cautious about 4Q23 prospects
Realtek Semiconductor remains cautious about its sales prospects for the fourth quarter of 2023, as unfavorable macro conditions continue to weigh on end-market demand, according...
Monday 23 October 2023
Samsung SDI to supply Hyundai EV batteries for the first time
Battery maker Samsung SDI announced on October 23 that it has secured an EV battery supply agreement with Hyundai Motor, a first between the two South Korean companies. Samsung SDI's...
Monday 23 October 2023
India roundup: IBM to help India develop AI, chip, and quantum capabilities
US-based technology giant signed agreements with India to help the latter develop AI, semiconductors, and quantum technology, three promising technologies for the decades to come...
Monday 23 October 2023
US chip ban on China believed to see diminishing marginal effects
The tightened chip trade ban newly imposed by the US has cast a substantial shadow over major Chinese AI chip makers, potentially blocking their access to advanced chip manufacturing...