This Asia tech industry summary will mainly focus on South Korea's Doosan Group and Samsung Electronics deepening deployments for semiconductor assembly and testing, SK On planning to build an electric vehicle (EV) battery plant with Ford and Koç Holding in Turkey, and Japan-based Mabuchi Motor aiming to cut into the EV motor and advanced driver-assistance system (ADAS) supply chains.
This Asia tech industry summary will mainly focus on conservative Yoon Suk-yeol being elected as South Korea's new president and possibly adjusting the country's tech industry and energy policies, Sony and Honda setting up a new joint venture to commercial electric vehicles (EV) by 2025, and India's data center market growing at a CAGR of over 10% as major cloud service providers (CSPs) continue to expand production in the country.
This Asia tech industry summary will mainly focus on the Russia-Ukraine conflict impacting Taiwan-based and South Korea-based consumer electronics companies in Russia, global automakers facing potential challenges brought by the Russia-Ukraine war, and China's Ora announcing its decision to stop taking mini car orders.
This Asia tech industry summary will mainly focus on LG Innotek planning to invest in flip chip-ball grid arrays (FC-BGAs) as substrate demand for 5G, AI, and smartphone application processors remains high; Luxshare Precision spending an additional CNY 10 billion (US$1.58 billion) on new energy vehicle (NEV) development after forming a joint venture with Chery Group; and Thailand approving tax incentives to promote a shift to electric vehicles (EVs).
Association of Southeast Asian Nations (ASEAN), the seventh largest automotive manufacturing hub worldwide, produced a total of 3.5 million vehicles in 2021, exceeding the volume of 2.85 million units in 2020.
This Asia tech industry summary will mainly focus on Denso investing in TSMC's subsidiary Japan Advanced Semiconductor Manufacturing (JASM) to deepen its deployments for third-generation automotive semiconductors and stabilize auto chip supply, Foxconn teaming up with Vedanta to set up a semiconductor facility in India, and XPeng announcing plans to expand its presence in Europe by entering the Swedish and Dutch markets.
Silicon (Si) semiconductor with widespread use is close to reaching the physical limits of Moore's Law and is thus being replaced by wide bandgap semiconductors of third-generation semiconductors in a growing number of applications.
Despite the higher costs of SiC semiconductor components compared to silicon ones, automakers still embrace them for their low power loss, high withstand voltage, heat resistance and high frequency characteristics.