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Wednesday 24 July 2024
India reduces import taxes for smartphones, benefiting Apple
In the latest budget, India reduced import taxes for smartphones and components, as well as 25 critical metals to develop local manufacturing ecosystems. India also increased import...
Monday 22 July 2024
Taiwan prioritizes drones and AI in new defense technology unit
Taiwan has established a new Defense Innovation Unit (DIU) to accelerate the integration of drones and Artificial Intelligence (AI) systems into its military strategy. This unit,...
Thursday 18 July 2024
President Lai pledges support for next-gen Taiwan AI supercomputers in weather forecasting
Less than five months after the Central Weather Administration (CWA) inaugurated its sixth-generation high-performance computer, its computing power is already falling short. In response,...
Wednesday 17 July 2024
Taiwan pays US$4.75 billion for defense since 2022; Trump says it's not enough
In recent years, Taiwan has significantly increased its defense procurement from the US. However, US Republican presidential candidate Donald Trump continues to assert that Taiwan...
Wednesday 26 June 2024
Honda launches N-VANe: budget BEV to compete with Chinese rivals
Honda, the Japanese automotive conglomerate, announced that it will launch a budget Battery Electric Vehicle (BEV) in October 2024 in Japan, and consumers can get one for less than...
Monday 15 April 2024
Chinese telecom bidding market rebounds, stoking replenishment demand for network ICs
The Chinese telecom bidding market is on the upswing, as major tenders are being issued by key telecom operators.
Friday 12 April 2024
Chinese budget smartphone brands compete in AI
Chinese handset brands such as Redmi, Nubia, and OnePlus are all rushing to introduce AI smartphones.
Monday 8 April 2024
Trudeau unveils $1.8 billion package for Canada's AI sector
Canada is launching a fund to boost its artificial intelligence sector and creating a new AI safety institute as Prime Minister Justin Trudeau continues to roll out spending announcements...
Thursday 14 March 2024
Biden's fiscal 2025 budget for the energy and climate sectors
US President Joe Biden has unveiled his 2025 fiscal budget to address pressing environmental challenges, emphasizing substantial investments in climate-related programs and clean...
Wednesday 13 March 2024
US 2025 defense budget to cut semiconductor spending
On March 11, 2024, the US Department of Defense (DoD) revealed the Biden-Harris Administration's proposed fiscal year 2025 defense budget request totaling US$849.8 billion. In accordance...
Monday 26 February 2024
NSTC allocates NT$20 billion to support infrastructure for 12-inch chip equipment donated by chipmaker
The National Science and Technology Council (NSTC) has earmarked NT$20 billion (US$631.51 million) from the budget for the "Taiwan Chip-based Industrial Innovation Program" to bolster...
Monday 5 February 2024
India surprised the manufacturing industry by not extending concessional tax rate to startups
According to the latest Interim Budget, India did not extend the concessional tax for manufacturing startups as the industry had previously expected, a decision not beneficial to...
Friday 19 January 2024
Taiwan's record 2025 tech budget prioritizes semiconductor, AI, net-zero
The National Science and Technology Council (NSTC) has proposed the government's technology budget for 2025 at a record level of NT$180 billion (US$5.70 billion).
Monday 15 January 2024
Taiwan gov't boosts budget to US$13.3 billion production value to propel satellite innovation
Due to the maturation of technological advancements and a decline in rocket launch costs, the proliferation of low-earth orbit (LEO) satellites is on a continuous upswing. Successful...
Friday 15 December 2023
VW’s software unit reaches deal on 20% budget cut, voluntary buyouts
Volkswagen AG's software unit Cariad has agreed to cut 20% of its internal development costs annually until 2028 as it attempts to avoid forced layoffs in a major restructuring prescribed...