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Global supply chain: Emerging tech, businesses
Emerging tech, businesses news coverage
IN THE NEWS
Thursday 6 April 2023
Ford battery partner eyes expansion in Korea after clarity on Biden's green subsidies
Ecopro Group, a battery materials maker that supplies Ford Motor Co. and Samsung SDI Co., plans to expand its manufacturing presence in South Korea, according to people familiar with...
Thursday 6 April 2023
Tesla's price war looms large in China's auto market amidst recovery in Euro-American markets
The semiconductor shortages in the automotive industry have been persistent for three years now. In fact, the supply of microcontrollers (MCUs), microprocessors (MPUs), and insulated...
Thursday 6 April 2023
Foxconn expects sales to hit bottom in 2Q23
Hon Hai Precision Industry (Foxconn) expects to post another sequential revenue decline in the second quarter of 2023, hitting the year's low.
Friday 31 March 2023
Ford joins a US$4.51 billion nickel processing project in Indonesia
US automaker Ford made a battery material investment in Indonesia, a first for the company in Southeast Asia. The US$4.51 billion project is also joined by PT Vale Indonesia and Huayou...
Friday 31 March 2023
With 3D processing speeds 900 times faster than GPUs, AI semiconductors assist the metaverse
Recently, a South Korean research team successfully developed an AI semiconductor that can be used in mobile devices and can increase speed and energy efficiency. This result is anticipated...
Friday 31 March 2023
Tesla reportedly considering building a US battery plant with CATL's technology
Tesla is pursuing a battery project on its home turf that may involve China-based battery giant CATL, according to Bloomberg. The news came on the eve of the US Treasury...
Friday 31 March 2023
BYD chairman says the company aims to be China's largest automaker in 2023
A day after reporting its robust profits in 2022, BYD said it is striving to become the largest carmaker in China by the end of this year. As the first quarter gets close to the end,...
Friday 31 March 2023
Taiwan's automotive supply chain remains stable amid Chinese market's chaos and rapid changes
China's car market has been caught up in a frenzy of price cuts recently due to Tesla's significant price reduction after localizing its production in China, making it the US leading...
Friday 31 March 2023
AI spending in Asia Pacific to reach US$49 billion by 2026 despite current economic challenges, says IDC
According to IDC's latest Worldwide Artificial Intelligence Spending Guide, spending in the Asia Pacific on Artificial Intelligence (AI), including software, services, and hardware...
Friday 31 March 2023
SAS warns of revenue drop in 2023
Solar wafer supplier Sino-American Silicon Products (SAS), the parent company of GlobalWafers, has warned of a possible revenue decline in 2023 but remains optimistic about profita...
Friday 31 March 2023
GlobalWafers remains upbeat about 3rd-gen semiconductor demand
The outlook for third-generation semiconductor demand remains positive, according to GlobalWafers chairperson Doris Hsu, who was speaking in the wake of Tesla's intention to slash...
Friday 31 March 2023
Packaging substrate demand remains promising
The outlook of mid- to long-term demand for substrates supporting the packaging of HPC chips remains bright despite recent speculation that the market for related substrates is ove...
Thursday 30 March 2023
Growing love for electric SUVs tripled India's lagging EV sales
Electric passenger vehicle sales in India tripled last year as demand for affordable, compact sports utility vehicles surged, according to a report by BloombergNEF.
Thursday 30 March 2023
China to formulate over 30 automotive chip standards by 2025
Automobiles are poised to be one of the major drivers for the semiconductor industry's growth. To boost its automotive chip capacity, China announced it aims to set up more than 30...
Thursday 30 March 2023
TSEC to add new solar cell and module lines in 2Q23
Solar cell and PV module maker TSEC expects the arrival of new production capacity to boost its total output by over 30%.