This Asia tech industry summary will mainly focus on South Korea's president-elect Yoon Seok-youl nominating Lee Jong-ho, a semiconductor expert, as the science and ICT minister; China's Tianma Microelectronics planning to invest CNY 33 billion (US$5.18 billion) in an 8.6-generation panel project in Xiamen; Honda announcing its plan to invest JPY 8 trillion (US$63.3 billion) in electric vehicle (EV) and battery development in the next 10 years; and Nissan unveiling its solid-state battery R&D strategy.
Semiconductor scholar nominated for South Korean science minister
****Table 3: Yoon Seok-youl pledges to build domestic semiconductor ecosystem
****Table 4: China increasing production capacity for small- and medium-sized panels
Nissan, Honda show determination to develop EV and automotive batteries
****Table 5: EV and battery development targets of Toyota, Honda, and Nissan