US President Joe Biden announced the approval of US$900 million in funding charging infrastructure installation on Wednesday. The administration aims to utilize the federal grant and the recently renewed EV tax credit to speed up automotive electrification in the country.
TV panel prices continue to fall but may stabilize at the end of this year, counting on a substantial pick-up in end-market demand for consumer products during the year-end holiday season, according to industry sources.
To understand Samsung Electronics, it is important to look at its business structure. Samsung's revenue is forecast to reach US$240 billion in 2022, of which nearly 40% will come from its mobile communications division - formed by mainly handsets - and about 30% from semiconductors, with memory being the bulk of the semiconductor revenue.
Honda is ready to electrify its motorcycle business. The Japanese automaker revealed its ambition on September 13 to roll out 10 or more models worldwide by 2025, aiming to boost the annual electric motorcycle sales to 3.5 million units in 2030.
India's tablet shipments went up nearly 70% on year in the first quarter of 2022 with Samsung Electronics being the largest tablet brand, followed by Lenovo. The two vendors together contribute over 50% of India's overall tablet shipments, according to DIGITIMES Research's latest figures. India-based Lava was the third largest tablet brand in the quarter.
India is waiting for its long-awaited 5G rollout by October, and Indian brands are hoping for a counter-strike in the smartphone market. The key is whether Indian brands have learned from the experience when India was transitioning from 3G to 4G.
A few India-based enterprises have decided or plan to set up display panel plants in India, but this is unlikely to have substantially impact on the existing global display supply chain in the foreseeable future, as the total panel production capacity in India will be much smaller than that in China, South Korea, Taiwan and Japan.
Cylindrical battery cells seem to gain traction in the EV segment as they offer higher energy density and can reduce costs. BMW recently announced the adoption of round cells in new EV models from 2025, aiming to halve the battery price.
Following its entry into the EV business and investment in Gogoro, Foxconn is reportedly looking to venture into India's battery swappable market, with or without Gogoro.
Following Apple's accelerated smartphone relocation to India, The Information quoted sources saying that Google is considering manufacturing Pixel smartphones in India, highlighting India's and Vietnam's ever-increasing role in global mobile phone manufacturing.
A Reuters exclusive report quoted sources saying the Biden administration will broaden export curbs on US semiconductors used for artificial intelligence (AI) and chipmaking equipment in new regulations in October. It is evident that what used to be targeted bans on specific entities are now expanding to become a tech cold war containment. Experts warn the escalated measures may have unexpected implications to hurt US companies.
Chinese EV maker BYD has acquired land from Thailand's WHA Group to build its first overseas factory for passenger vehicles outside China, according to Chinese-language news outlet Sina.
According to BusinessKorea reports, for the first time, Apple is buying 3D NAND memory chips from China's YMTC, making it a supplier of components for iPhone 14, which was just launched in its Far Out Event on September 7. Although Apple denied having used YMTC chips in iPhone 14 in a Financial Times report, it has confirmed that it is indeed "evaluating" purchasing YMTC' NAND chips. That is definitely a bad omen for Korean memory manufacturers Samsung and SK Hynix. Why?
