Europe's largest car-producing country has unexpectedly terminated its EV subsidy program. Germany has paid about EUR10 billion (US$10.9 billion) to encourage EV adoption. The move...
Semiconductor Manufacturing International Corp (SMIC) has unveiled its latest quarterly financial report, revealing a sharp decline in profits due to rapid expansion and sacrificing...
Following a November 15 decision from Germany's Federal Constitutional Court against the transferring of EUR60 billion - granted during the Covid-19 pandemic but unspent in fiscal...
Cash subsidies targeting research and development (R&D) investments and R&D consortiums are conducive to the development of semiconductor technologies, so governments can...
In the revised budget for the fiscal year 2023 (April 2023 to March 2024) proposed by the Japanese Ministry of Economy, Trade, and Industry (METI), approximately US$13 billion (JPY2...
Tax breaks, depreciation acceleration, research and development investment subsidization, and fiscal subsidies are typical forms of fiscal incentives for encouraging semiconductor...
Thailand will lower the government subsidy for EV purchases starting next year due to the growing sales. The Thai government also plans to provide incentives for carmakers to establish...
During the reorganization of global supply chains, opportunities are being created for countries that are semiconductor markets in which system manufacturers are based. Semiconductors,...
Media reports quoting Yoshihiro Seki, a member of Japan's House of Representatives, that Japan plans to add JPY 1.49 trillion (US$ 10 billion) to its budget for subsidizing two important...
The Japanese government is currently attempting to collaborate with the United States and Europe to establish common standards for subsidies in the semiconductor and electric vehicle...
While China's "undefeated" industrial development model based on government subsidies has led to trade wars in the past, it has also made China very resilient. In recent years, amid...
Pure-play foundry Powerchip Semiconductor Manufacturing (PSMC) is reportedly negotiating subsidies with the Japanese government with regards to the establishment of a new 12-inch...
The Japanese government, in consideration of economic security, has designated 11 specific key materials that will be subsidized by the government for equipment investments and R&D...
Japan's government approved as much as ¥192 billion ($1.3 billion) in subsidies for Micron Technology Inc.'s Hiroshima factory, part of Tokyo's efforts to bolster next-generation...
France announced new eligibility for its EV subsidy program that will likely rule out China-made vehicles. The move came after the European Commission's launch of an investigation...