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Tuesday 20 February 2024
Thousands of VWs stuck at US ports due to violation of UFLPA, say reports
Reports from international media indicate that Volkswagen's vehicles, including thousands of Porsche cars, hundreds of Bentley cars, and thousands of Audi cars, are being held at...
Tuesday 20 February 2024
Intel rising: Intel squares up to TSMC, underestimates Samsung
Intel will hold its first Wafer Fabrication Services Conference (IFS Direct Connect 2024) in San Jose, California, on February 21.
Tuesday 20 February 2024
Chinese automotive suppliers establish plants in Mexico, aiming for US market
China-based car component suppliers are building production sites rapidly in the suburb of Monterrey, the northeast of Mexico. They are forming a supply chain for Tesla's future Gigafactory...
Tuesday 20 February 2024
GF to get US$1.5 billion funding in US chip manufacturing push
The US Department of Commerce has disclosed US$1.5 billion in planned direct funding for GlobalFoundries (GF) as part of the US CHIPS and Science Act. According to the pure-play foundry,...
Monday 19 February 2024
Softbank's CEO wants to give British chip designer Arm a hand
SoftBank's CEO Masayoshi Son plans to raise billions of dollars to establish an AI chip company.
Monday 19 February 2024
Biden administration mulls showering Intel with 10 billion greenbacks
The Biden administration is reportedly ready to provide significant subsidies to Intel.
Friday 16 February 2024
Volkswagen-backed Scout Motors breaks ground on first plant, targeting 200,000 EVs annually
Scout Motors took a step further to establish its first production site in South Carolina, the US. The company aims to begin production by the end of 2026 and make 200,000 vehicles...
Friday 16 February 2024
US think tank urges India to bolster semiconductor investment appeal
A recent report from a US-based think tank suggested ways the Indian government can enhance regulatory stability and business conditions to attract more semiconductor investments.
Thursday 15 February 2024
SpaceX rocket lifts off With US craft bound for Moon landing
A SpaceX rocket blasted off Thursday carrying a US firm's spacecraft on a mission to land on the moon and end America's 50-year lull.
Thursday 15 February 2024
Renesas to purchase PCB design software company Altium for US$5.9 billion
Japan-based semiconductor company Renesas announced on February 15 that it will acquire US-headquartered Altium, which focuses on developing electronics design systems. Renesas will...
Thursday 15 February 2024
GF sees automotive chip sales top US$1 billion
GlobalFoundries' revenue decreased 9% year-on-year in 2023, but revenue from the automotive sector rose by a robust 180%, according to the company's available presentation material...
Thursday 15 February 2024
BYD considers Mexico plant, eyeing the US market
China-based EV maker BYD will likely establish a production base in Mexico, which could help establish its presence in North America and facilitate its entry into the US later. As...
Wednesday 14 February 2024
Aces lands orders for high-speed AI server cables from US CSP; to see rising 2024
Taiwan-based connector maker Aces Electronics had a slipping performance in 2023 revenues due to the IT industry's instability, issues in the external environment, and clients' keen...
Wednesday 7 February 2024
US EV battery subsidy helps Panasonic create record-high net profits
The EV business brought significant profits for Panasonic Holdings. According to Panasonic, NHK, and Nikkei, the group saw its consolidated revenue grow by 1.2%...
Wednesday 7 February 2024
Qisda's revenue from healthcare biz exceeds US$600 million in 2023
The Qisda Group is actively expanding its healthcare business, with revenue from the sector surpassing NT$20 billion (US$638.29 million) in 2023. Given the potential for the healthcare...
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Summary of Tech Supply Chain News!
Global smartphone shipments hit 2023 peak in 4Q23, but decelerate in 1Q24 due to seasonality, says DIGITIMES Research
Meet the analyst: Operating system in AI era will be king, says DIGITIMES Research
Taiwan server industry experiences decline in 2023 revenues and shipments; poised to see growth in 2024, says DIGITIMES Research