STMicroelectronics is making significant progress towards its ambitious sustainability targets. According to its latest sustainability report, the European chipmaker reported using 71% renewable electricity in 2023, marking an increase from 62% the previous year.
The ongoing geopolitical tensions in the Red Sea region have disrupted a crucial maritime trade artery, with far-reaching consequences for global supply chains, carbon emissions, and economic opportunities in Africa.
Lite-On Technology expects its power supply shipments for AI servers to rise 20-30% sequentially in the second quarter, said the company's president, Anson Chiu. All of its 3kW and 5kW AI server power supplies are manufactured at its Kaohsiung factory in southern Taiwan.
Taiwan-based HD Renewable Energy (HDRE) is expanding its business scope from energy storage and solar energy to EV charging. Jason Chou, HDRE's general manager, said the company will establish joint ventures in Taiwan with local partner Shihlin Electric &Engineering. The pair plans to bring their charging venture to Japan.
India almost doubled its imports of silicon wafers from China in 2023, highlighting India's expansion in solar cells and modules amid rising dependence on China's materials.