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Emerging tech, businesses news coverage
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Wednesday 26 July 2023
Top battery-maker CATL's profit soars 63% amid EV sales boom
Chinese battery maker Contemporary Amperex Technology Co. Ltd.'s quarterly profit soared, powered by rising electric-vehicle sales globally and stabilizing prices of key materials...
Wednesday 26 July 2023
What is Chinese automotive chipmakers' winning strategy?
The growing importance of the automotive sector to the semiconductor industry, together with last year's chip shortage crisis and China's self-sufficiency drive, has prompted more...
Wednesday 26 July 2023
US EV 'Battery Belt' forming: battery cell production to exceed 900 GWh by 2030
US government has enacted both the Bipartisan Infrastructure Law and the Inflation Reduction Act (IRA), which not only aim to bolster the sales of electric vehicles but are also intended...
Wednesday 26 July 2023
Renewable energy will account for 10% of Taiwan's electricity supply in 2023
Taiwan has seen its electricity consumption grow as the semiconductor industry thrives and more Taiwanese businesses transfer investment back to their home turf. Mei-Hua Wang, minister...
Wednesday 26 July 2023
Yageo expects AI server boom to bring long-term biz opportunities
Taiwan's top passive components maker Yageo has delivered a cautious sales outlook for the third quarter of the year, with terminal market demand recovery still in low gear, but the...
Wednesday 26 July 2023
GM raises full-year guidance for the second time, will bring back Chevy Bolt EV
Strong sales in the first half of 2023 prompted General Motors to raise its 2023 guidance again. The company aims to reach between US$12 billion and US$14 billion in earnings before...
Wednesday 26 July 2023
Taiwan's semiconductor industry faces dilemma of carbon lock-in
Several semiconductor companies in Taiwan are among the world's top-ranking companies in various ESG ratings, but they are not immune to a potential carbon lock-in effect due to the...
Wednesday 26 July 2023
Microsoft foresees gradual AI adoption instead of rapid uptake
Thanks to an AI wave that helped Microsoft increase its customer numbers, the software giant expected its intelligent cloud service, especially Azure, to drive its growth.
Wednesday 26 July 2023
Tong Hsing sees weak demand for handset-use CIS
Tong Hsing Electronics, a major backend services provider for CMOS image sensors (CIS), expects the handset market to remain weak throughout 2023, with demand sliding faster than expected,...
Wednesday 26 July 2023
AI applications to benefit memory industry, says PTI chairman
The proliferation of AI applications is indeed an emerging and beneficial trend for the packaging of high bandwidth memory (HBM) products, but the contributions brought by AI "won't...
Wednesday 26 July 2023
Faraday Technology dives into advanced packaging, securing AI orders
Taiwan-based ASIC manufacturer, Faraday Technology, has experienced a significant decline in profits in Q2 this year, influenced by the revenue decrease in its three major product...
Wednesday 26 July 2023
Edge computing security issues attract attention amid AI application development boom
ChatGPT has taken the world by storm, bringing unprecedented AI experiences to numerous consumers. This highlights the continuous development of AI technology and its rapid proliferation...
Tuesday 25 July 2023
BYD widens lead over Volkswagen as China's top-selling car brand
BYD Co. extended its lead over Volkswagen AG as China's top-selling automaker, with its wide range of electric vehicles proving hugely popular among local buyers.
Tuesday 25 July 2023
China, Germany in opposite situations as EV subsidies phased out
Some countries have started to phase out subsidy programs for EVs after years of promotion. The situation has created dramatically different results in China and Germany. The former...
Tuesday 25 July 2023
Taiwan's single-source renewable energy approach questioned by Australian expert
Due to the impact of the Russo-Ukrainian War and the global energy transition, energy supply has become a major concern among industries. Former CEO of the Australian Energy Council,...