Thursday 28 September 2023
China tries to reduce geopolitical risks for EV supply chain
As the political tension between China and the US continues, the Chinese government is enhancing the country's EV supply chain to avoid battery technology outflow and learn critical techniques from foreign companies.
Thursday 28 September 2023
Will strike at Detroit Big Three reshuffle automotive orders?
The strike initiated by the United Auto Workers (UAW) at General Motors, Ford and Stellantis plants has lasted for two weeks. Automotive suppliers said that the Big Three's orders, especially those of pickups, will likely be diverted to foreign carmakers. The three companies also worry about whether raising worker's wages will impact their capabilities to win orders back.
Wednesday 27 September 2023
South Korea sharply cuts R&D budget for 2024, with 1,200 new researchers likely to be axed
The South Korean government has unveiled a substantial 16.6% reduction or KRW5.2 trillion (US$3.89 billion) in research and development (R&D) spending in its budget proposal for 2024, with the spending to drop to KRW25.9 trillion from KRW31.1 trillion in 2023. Korean industry estimates that the budget cut could cause more than 1,200 newly hired R&D personnel to face layoffs in the 25 government-funded research institutes specializing in science and technology.
Wednesday 27 September 2023
EU's energy transition will be a bumpy road
The European Union is actively reviewing its reliance on other countries for energy supplies. It has paid a hefty price to stop using Russia's gas. However, it also depends on lithium and fuel-cell batteries made in China. The situation has alarmed the EU member states.
Wednesday 27 September 2023
South Korean semiconductor firms advised to change China market strategy in face of US guardrail final rules
With the Biden administration finalizing the national security guardrails of the CHIPS and Science Act's (CHIPS Act) funding allocations and restrictions, South Korean semiconductor companies may have to transform their operations in China and leverage their mature-node capacities there to target products for domestic demand, according to Korean news media.
Wednesday 27 September 2023
Generative AI drives data centers' demand for SiC
EVs are increasing the demand for silicon carbide (SiC). In addition, generative AI also drives data centers' needs for new-generation power semiconductors.
Wednesday 27 September 2023
One year after US sanction, China's AI chip champion, Cambricon, faces investor pessimism
China's AI chip leader, Cambricon Technologies Co., bears the mission of independent chip development in China and catching up with European and American companies like Nvidia. However, after going public in 2020, Cambricon delivered its worst half-year performance in the first half of 2023. The six early investors in Cambricon have recently almost completely liquidated their holdings, taking advantage of the surge in the company's stock price driven by generative AI since 2023 and cashing out.
Wednesday 27 September 2023
LGD announces mass production of 17-inch foldable OLED along with launch of new foldable notebook
LG Display (LGD), the leader of the large-sized OLED display market, is actively venturing into the mid-to-small-sized IT OLED market. It recently announced the mass production of a 17-inch foldable panel for notebooks. Through LG Electronics, it's expected to launch South Korea's first foldable notebook to expand its market.
Tuesday 26 September 2023
China urges EU to show restraint in EV probe and to use caution
China's Vice Premier He Lifeng expressed "strong concern and dissatisfaction" on Monday to the European Union's chief trade negotiator Valdis Dombrovskis over the bloc's anti-subsidy probe into Chinese electric vehicles.
Tuesday 26 September 2023
South Korea to invest KRW2.2 trillion in building advanced industry clusters
The South Korean government plans to invest KRW2.2 trillion (US$1.66 billion) in the next five years to strengthen the competitiveness of cutting-edge industries such as semiconductors, rechargeable batteries, and biotechnology. The final goal is to promote "Global Clusters in Advanced Industries," bringing together companies, universities, research institutions, and others to create a world-class innovation technology ecosystem in the country. Meanwhile, it will also relax restrictions on corporate venture capital (CVC) investments and expand cash subsidies for foreign investors entering the industry clusters.
Tuesday 26 September 2023
Nissan to go fully electric in Europe by 2030
Nissan has jumped on the bandwagon to go fully electric in Europe. The automaker announced on September 25 that it plans to sell only EVs on the continent by 2030. From now on, all new Nissan models launched in Europe will be all-electric.
Tuesday 26 September 2023
Ford pauses construction of battery plant licensing CATL technology
Ford said on September 25 that it had halted construction of its battery plant in Michigan amid the ongoing strikes initiated by the United Auto Workers (UAW). The carmaker had planned to license technology from China-based CATL to produce batteries in the US.
Tuesday 26 September 2023
Why is Tsinghua Unigroup changing its mind about acquiring New H3C?
Tsinghua Unigroup, a China-based holding company, released a statement on September 25 saying that it plans to "terminate" the related procedures regarding important asset reorganization. This implies that Tsinghua Unigroup may have second thoughts about its plan to obtain 100% of New H3C Technologies, a digital solutions company.
Tuesday 26 September 2023
Huawei building its own OS to break away from reliance on US software, said Ren Zhengfei
Huawei founder and CEO Ren Zhengfei previously stated that with the US expected to expand its sanctions, tough times are still ahead for Huawei. In response, it will focus on building a non-US alternative ecosystem by making its self-developed HarmonyOS and EulerOS available to more partners.
Tuesday 26 September 2023
Could the Android camp pick up sales momentum kicked off by the iPhone 15 series?
With the iPhone 15 series officially going on sale last week, the industry is closely watching its sales performance. Sources familiar with the smartphone chip industry said that if the series could keep up the momentum, it would signal a rebound in consumer spending, meaning that demand for Android phones before the 2024 Lunar New Year could also pick up.
Monday 25 September 2023
Chinese EV maker Zeekr sweeps into Europe amid subsidy spat
Electric-car maker Zeekr is banking on extra momentum from sister brands like Volvo Car AB to push into Europe, just as Chinese carmakers' ambitions in the region move into the crosshairs of global trade tensions.
2023 Supply Chain Summit
Global server shipment forecast and industry analysis, 2022
Notebook shipments of top-5 brands resume in growing trend in August, says DIGITIMES Research
Global tablet demand stays in stagnation in 2Q23 and 2H23, says DIGITIMES Research
China smartphone AP shipments rise sequentially in 2Q23 and 3Q23, says DIGITIMES Research