Facing challenges like being outsold by BYD in New Energy Vehicle (NEV) sales and significant layoffs, Tesla has now been overtaken by another Chinese competitor in the Chinese market in the first quarter, according to recent data.

Brite Semiconductor, in which SMIC is the second largest shareholder, officially debuted on the Sci-Tech Innovation Board, with its stock soaring, leading to the gradual recovery of SMIC's investments.

After introducing the INR100 billion (US$1.2 billion) IndiaAI Mission, the Indian government is reportedly considering procuring Nvidia GPUs to help grow the local AI ecosystem.

Apple CEO Tim Cook concluded his 2-day visit to Vietnam, during which he met with Prime Minister of Vietnam Phạm Minh Chính and promised to expand investment in Vietnam.

The three major players in advanced chip manufacturing have secured CHIPS Act subsidies by promising to increase investments in fabrication facilities within the United States. With more than half of the direct subsidies in their coffers, they are mandated to introduce cutting-edge 2-nm production lines on American soil.

The shortage of IC design talent continues to be a problem, leading Taiwan-based IC design firms to look into government and academic resources to hire overseas talent, focusing on Southeast Asia and Eastern Europe.

China's National Semiconductor Industry Investment Fund (aka the Big Fund) has provided financial support to NineCube, a Chinese electronic design automation (EDA) company established in 2011, according to local media reports.

US states like Arizona and New Mexico are expected to become more tempting for investments, partly thanks to an EV cluster that will emerge in the southwestern US and northern Mexico. The border states will also play a crucial role in achieving the US goal of raising local production rate.

Apple Inc. is weighing the possibility of making some of its gadgets in Indonesia, as the iPhone maker explores production bases beyond its longtime stronghold of China.

"An opening bombardment destroys most of Taiwan's navy and air force in the first hours of hostilities. Augmented by a powerful rocket force, the Chinese navy encircles Taiwan and interdicts any attempts to get ships and aircraft to the besieged island. Tens of thousands of Chinese soldiers cross the strait in a mix of military amphibious craft and civilian roll-on, roll-off ships, while air assault and airborne troops land behind the beachheads."

China's production of ICs and semiconductor equipment continued to grow in the first quarter of 2024, fueled by the recovery in the economy and efforts to achieve self-reliance despite the US sanctions.

Semiconductor research platform TechInsights released the final 2023 ranking of the top 25 semiconductor suppliers based on sales revenues, which showed that no new suppliers broke into the top 25 list in 2023. Still, there were significant changes in where companies were ranked.

As the US announces a US$6.4 billion subsidy for Samsung Electronics, Samsung has also officially announced additional investment plans in the US, aiming to promote the mass production of the 2nm process and seize business opportunities for AI chips.

LG Innotek and the automotive electronics division of LG Electronics recently visited Hyundai Motor Group's R&D hub. The industry has been wondering whether the two sides will expand their collaboration in the car sector.

South Korean tech giant Samsung Electronics has received US$6.4 billion of US CHIPS Act direct funding and disclosed that it will increase its investments to US$40 billion to set up advanced packaging facilities and a research & development (R&D) center. In other words, Samsung aims to build a front-end-to-back-end verticle in the US to attract big fabless orders.