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Friday 6 June 2025
India reportedly mulls rare earth magnet stockpiles, incentives to counter China export curbs
India is reportedly in talks with companies to create long-term stockpiles of rare earth magnets and boost domestic production through fiscal incentives as it scrambles to secure...
Friday 6 June 2025
China's rare earth controls put Europe's auto sector on edge
European Union Commissioner for Trade and Economic Security Maros Sefcovic raised concerns with Chinese Commerce Minister Wang Wentao on June 3 over China's export curbs on rare earths...
Friday 6 June 2025
DRAM prices unlikely to drop in 2025; Team Group embraces edge AI opportunities
Driven by the established trend of memory manufacturers reducing production, Team Group general manager Gerry Chen stated that memory prices are not expected to decline in 2025. The...
Thursday 5 June 2025
Suzuki halts Swift production in Japan as China's rare earth squeeze hits automakers globally
Suzuki Motor has suspended production of its best-selling Swift series, excluding the Sport variant, at its Japanese plant starting May 26, 2025, as China's tightening of rare earth...
Thursday 5 June 2025
South Korea's Lee proposes 10% tax credit for domestic chip production
South Korea's newly elected President Lee Jae-myung has unveiled a flagship policy offering up to 10% production tax credits for semiconductors manufactured and sold domestically,...
Thursday 5 June 2025
Russia tests first domestically-powered jet, sanctions-driven localization takes flight
Russia's SJ-100 regional aircraft completed its maiden flight with a domestic PD-8 engine in April 2025, marking a milestone in the country's drive to replace Western components under...
Thursday 5 June 2025
TSMC cautious on High NA as ASML unveils its US$400M chipmaking machine
Kevin Zhang, Deputy Co-Chief Operating Officer at TSMC, recently reiterated the company's cautious approach toward adopting High NA EUV lithography tools, emphasizing that TSMC is...
Thursday 5 June 2025
URE announces layoffs amid solar power production line upgrades
Taiwan-based solar firm United Renewable Energy (URE) is expected to lay off more than 100 employees by the end of 2025 in response to global green energy market and technological...
Thursday 5 June 2025
Weakening demand halts LCD monitor panel price surge
IT panels have been more affected by tariffs than TV panels. Beyond China's "trade-in" policy, stimulating some inventory buildup, certain brands in North America continue to increase...
Thursday 5 June 2025
CXMT's surprise HBM3 sprint puts Samsung, SK Hynix on alert
China's CXMT is accelerating its development of high-bandwidth memory (HBM) and DDR5 chips, mounting a direct challenge to the global DRAM dominance of Samsung Electronics and SK...
Thursday 5 June 2025
Japan's silicon carbide ambitions falter amid oversupply and global pressure
Japan, once a trailblazer in silicon carbide (SiC) research and pilot production, is facing a critical turning point. While renowned for its precision and long-standing technological...
Thursday 5 June 2025
Micron takes lead in LPDDR5X race with early 1γ-based mobile memory shipment
Micron Technology has begun mass production of its 1γ-based LPDDR5X memory, outpacing rivals Samsung Electronics and SK Hynix in the race to supply faster, low-power DRAM for...
Thursday 5 June 2025
GlobalFoundries plans to spend US$16 billion to boost US chip production
GlobalFoundries Inc., the biggest US-based provider of made-to-order chips, announced a plan to spend US$16 billion to bolster domestic production.
Wednesday 4 June 2025
NAFCO's May revenue dips due to exchange rate fluctuations; strong orders sustain positive full-year outlook
Aerospace fastener manufacturer NAFCO reported a 13.56% month-over-month decline in revenue for May 2025. The company attributed this drop primarily to exchange rate impacts and slower-than-expected...
Wednesday 4 June 2025
Global Lighting Technologies restructures production footprint amid supply chain shifts
Global Lighting Technologies is actively restructuring its global production strategy in response to shifting supply chains and declining demand in traditional display markets. The...