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Emerging tech, businesses news coverage
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Friday 31 March 2023
Tesla reportedly considering building a US battery plant with CATL's technology
Tesla is pursuing a battery project on its home turf that may involve China-based battery giant CATL, according to Bloomberg. The news came on the eve of the US Treasury...
Friday 31 March 2023
BYD chairman says the company aims to be China's largest automaker in 2023
A day after reporting its robust profits in 2022, BYD said it is striving to become the largest carmaker in China by the end of this year. As the first quarter gets close to the end,...
Friday 31 March 2023
Taiwan's automotive supply chain remains stable amid Chinese market's chaos and rapid changes
China's car market has been caught up in a frenzy of price cuts recently due to Tesla's significant price reduction after localizing its production in China, making it the US leading...
Friday 31 March 2023
AI spending in Asia Pacific to reach US$49 billion by 2026 despite current economic challenges, says IDC
According to IDC's latest Worldwide Artificial Intelligence Spending Guide, spending in the Asia Pacific on Artificial Intelligence (AI), including software, services, and hardware...
Friday 31 March 2023
SAS warns of revenue drop in 2023
Solar wafer supplier Sino-American Silicon Products (SAS), the parent company of GlobalWafers, has warned of a possible revenue decline in 2023 but remains optimistic about profita...
Friday 31 March 2023
GlobalWafers remains upbeat about 3rd-gen semiconductor demand
The outlook for third-generation semiconductor demand remains positive, according to GlobalWafers chairperson Doris Hsu, who was speaking in the wake of Tesla's intention to slash...
Friday 31 March 2023
Packaging substrate demand remains promising
The outlook of mid- to long-term demand for substrates supporting the packaging of HPC chips remains bright despite recent speculation that the market for related substrates is ove...
Thursday 30 March 2023
Growing love for electric SUVs tripled India's lagging EV sales
Electric passenger vehicle sales in India tripled last year as demand for affordable, compact sports utility vehicles surged, according to a report by BloombergNEF.
Thursday 30 March 2023
China to formulate over 30 automotive chip standards by 2025
Automobiles are poised to be one of the major drivers for the semiconductor industry's growth. To boost its automotive chip capacity, China announced it aims to set up more than 30...
Thursday 30 March 2023
TSEC to add new solar cell and module lines in 2Q23
Solar cell and PV module maker TSEC expects the arrival of new production capacity to boost its total output by over 30%.
Thursday 30 March 2023
LemTech to build new plant for EV solutions in Mexico
LemTech, specializing in heat dissipation solutions and precision metal stamping parts, has disclosed plans to invest US$5 million to build a new manufacturing site in Queretaro,...
Thursday 30 March 2023
China-based battery makers lead in global EV market with sales dominance
The global top 10 battery companies contributed about 71% of EV battery sales worldwide in 2022, according to South Korea-based SNE Research. Most of these major players are headquartered...
Thursday 30 March 2023
Pegatron demonstrates 5G servers and technologies at Smart City Summit and Expo 2023
Pegatron, following its showcasing at MWC 2023, is displaying the latest 5G innovations including three new servers that are integrated with 5G communication, edge computing, AI,...
Thursday 30 March 2023
AI a future driver of IC market growth, says Etron chair
Artificial intelligence (AI) will be a major application driving the growth of the global semiconductor market, according to Nicky Lu, chairman of IC design house Etron Technology...
Thursday 30 March 2023
PCB and IC substrate makers upbeat about demand for AI servers
PCB and IC substrate makers are bracing for a challenging 2023 but expect demand for AI servers to drive their sales growth later this year, according to industry sources.