Meiwa Corporation, a Japan-based chemical material producer, Toyota, and China Minmetals Corporation recently announced they will set up a joint venture for EV battery recycling in China. More details remain to be released.
Under the fast-changing technology trend, no matter which way China's AI industry chooses to build its ecosystem or stay compatible with CUDA, the elimination and consolidation processes will ultimately be driven by the choice of the market and customers. The Chinese market is simply too big to ignore.
Lam Research signed an MoU with Indian parties to train chipmaking and foundry engineers through virtualization software, part of the US-India strategic partnership to meet a regionalized semiconductor ecosystem.
According to data from a consultative council of the Japanese government, subsidies provided to the semiconductor industry by the Japanese government over the past three years have totaled JPY3.9 trillion (US$25.7 billion), equivalent to 0.71% of GDP. This percentage is higher than recorded by the US, Germany, France, the United Kingdom, and other European and American countries.
Citing costs and productivity, Tesla informed its employees on April 15 that it plans to cut 10% of its workforce worldwide. The news came after Tesla reported a decreased delivery for the first quarter of 2024 amid soft EV demand.
AI took center stage at the 2nd Hong Kong International Innovation and Technology Expo (InnoEX) and the 20th Hong Kong Electronics Fair (Spring Edition), as AI technologies and applications continue to generate buzz and attention in the tech world.
Since acquiring American automotive audio maker Harman in 2016, Samsung Electronics has seemingly suspended large-scale mergers and acquisitions (M&A) for the past 8 years. Recently, there have been reports that Samsung is preparing to resume M&A deals worth trillions of Korean Won, with several key figures already in position.
At the Taiwan and India Ecosystem Partners Connection event held on April 12, Grace Wang, vice president and general manager at Intel Taiwan, encouraged Intel's partners in Taiwan and India to deepen their relationships.
Ahead of a meeting between Tesla CEO Elon Musk and Indian Prime Minister Narendra Modi, it is reported that Tesla is talking with Tata Electronics for chip supply and is looking to rely on local component suppliers rather than international electronics majors to build an EV ecosystem.