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Global supply chain: Emerging tech, businesses
Emerging tech, businesses news coverage
IN THE NEWS
Friday 5 May 2023
TSMC growing presence in EV sector
TSMC, with the support of its ecosystem partners, is striving to strengthen its position in the rapidly expanding market for electric vehicles (EV), according to industry sources.
Thursday 4 May 2023
Global smartphone shipments decline 13% in 1Q23; China market shrinks 11%
Global smartphone shipments declined 13% on year to 269.8 million units in the first quarter of 2023, according to the latest Canalys report. The drop in demand has begun to level...
Thursday 4 May 2023
Thailand, Indonesia to become new shining stars of EV business, says DIGITIMES Research
The EV supply chain in Southeast Asia has grown mature with Thailand and Indonesia becoming the major players in the ecosystem. With Thailand's subsidy policies helping boost local...
Thursday 4 May 2023
India EV-only Uber rival raises $42 million in BP-led round
BluSmart Mobility, an Indian ride-hailing startup that uses only electric vehicles, has raised $42 million as it intensifies its battle against the two dominant operators, Uber Technologies...
Thursday 4 May 2023
China AI chip developers swing to profits, but Cambricon still in the red
China's major AI chip developers have reported significant profit results for 2022 operations. The only exception is Cambricon Technologies, which was still mired in heavy losses.
Thursday 4 May 2023
Shanghai on track to incentivize investments in semicondutor, AI sectors
The Shanghai Municipal Government has just announced a set of policy measures to strengthen the development of modernized industrial systems, offering subsidies to encourage more...
Thursday 4 May 2023
Thailand tries to lure battery companies to build plants in the country
Thailand is making an effort to build its EV supply chain. According to a government official, the country is in talks with China-based CATL and other battery companies about setting...
Thursday 4 May 2023
Tesla applies for permit to establish lithium lab
Tesla, which adopts a vertical integration model to ensure a resilient and high-quality component supply, is looking to build a lithium lab for its lithium refining business.
Thursday 4 May 2023
Taiwan IC design houses eye LLM opportunities
The rapid deployment of large language models (LLM) is fueling the overall AI trend. After witnessing the growth of LLM applications such as ChatGPT, Taiwan-based IC design houses...
Thursday 4 May 2023
Wolfspeed and ZF plan for a joint SiC research center in Germany
Wolfspeed and ZF, a leading supplier of electric drives, is planning for a silicon carbide (SiC) research center in Nuremberg, Germany, aiming to improve the system design, module...
Wednesday 3 May 2023
Lithium giant Albemarle eyes $1.5 billion processing expansion
Albemarle Corp. is aiming to spend between $1.25 billion and $1.5 billion to double its lithium hydroxide output in Australia to a volume that it estimates could power more than two...
Wednesday 3 May 2023
Analysis: why is Foxconn suspending further investments in Lordstown?
US electric pickup truck startup Lordstown Motors (LMC) previously announced that because Foxconn is suspending further investments, it could be facing bankruptcy. LMC claimed that...
Wednesday 3 May 2023
South Korea develops LFP batteries with help from government
With EVs gradually gaining popularity, the demand for mid- to low-price models has grown. EV makers have elected to reduce costs in exchange for price competitiveness. One method...
Wednesday 3 May 2023
Nio to equip EVs with NXP's 4D imaging radar technology
China-based EV company Nio will adopt NXP Semiconductors' 4D imaging radar technology, according to an announcement on May 2. Only last month, the carmaker invested in a domestic...
Wednesday 3 May 2023
SiC devices to see rising penetration in energy storage applications
Despite Tesla planning to sharply cut the use of SiC (silicon carbide) components in its future cars, SiC penetration in energy storage, renewable energy and charging pile applications...