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Global supply chain: Emerging tech, businesses
Emerging tech, businesses news coverage
IN THE NEWS
Friday 12 May 2023
Tesla's presumed 'rivals' are all still stranded amid struggles
US-based EV startups, including Lucid, Rivian, Fisker, and Nikola, have been gradually announcing their financial reports. The pressure of losses continues to loom, and most of them...
Friday 12 May 2023
Hyundai to invest US$2.45 billion to ramp up EV and battery manufacturing
Hyundai Motor signed an MoU with India's Tamil Nadu government to ramp up vehicle production and will set up battery manufacturing facilities as well as infrastructure to capitalize...
Friday 12 May 2023
Laster enjoys record revenues in April
LED auto lighting module maker Laster Tech reported net profits of NT$30.4 million (US$980,640) for the first quarter of 2023, up 98.5% with consolidated revenues for April growing...
Friday 12 May 2023
Lithium companies Allkem and Livent to merge as the mineral grows important for EVs
Global lithium chemical companies Allkem and Livent announced their merger that will create a new company with a value of US$10.6 billion. The tie-up of the two entities is poised...
Friday 12 May 2023
Silicon Island Chronicles series interview: MIH Consortium CEO highlights semiconductor and electronics advantages for building EV ecosystem in Taiwan
Electronics and semiconductors are Taiwan's two 'diamond' industries with complete ecosystems and strong tech resources, and their close combination is being highlighted in the trends...
Friday 12 May 2023
What Google Trends tells us about the three waves of AI development
Google Trends is a useful tool to observe how trends are changing for specific topics. This time, I entered the three phrases that represent paradigm shifts in AI technology: "Expert...
Friday 12 May 2023
Quanta looks to AI servers, EVs for 2023 growth
Quanta Computer expects to ramp up production for AI servers between the end of the third quarter and the fourth quarter. It also remains optimistic about growth generated from sales...
Friday 12 May 2023
India roundup: Foxconn expands Indian investments by capital injection and land acquisition
Global manufacturers such as Foxconn, Cisco, and Hyundai are expanding their manufacturing capabilities in India. India's local opto-semiconductor maker introduced sapphire substrates...
Thursday 11 May 2023
India's top builder bets on $1.5 billion return from EV push
Larsen & Toubro Ltd.'s engineering services arm is ramping up investments in self-driving and electric vehicle technologies, betting on India's appeal as a source of expertise...
Thursday 11 May 2023
Head of new lithium giant building supply chain for Americas
The soon-to-be chief executive of what will become the world's third-biggest lithium producer says the new company will focus on building a supply chain in the Americas, as US automakers...
Thursday 11 May 2023
Specific auto chips from IDMs see hot sales in China at high prices
Automotive chip IDMs including STMicroelectronics, NXP, Infineon, and Texas Instruments have their respective most sought-after offerings, which have been in tight supply with prices...
Thursday 11 May 2023
Intel, BCG collaborate to deliver enterprise-grade, secure generative AI
Intel and Boston Consulting Group (BCG) have announced a strategic collaboration to enable generative artificial intelligence (GenAI) using end-to-end Intel AI hardware and software...
Thursday 11 May 2023
With LLMs consuming massive amounts of resources, will edge-distributed architecture become the trend?
Large language models have been receiving attention due to the ChatGPT boom. However, LLM consumes a lot of electricity and computing power. The more applications there are the higher...
Thursday 11 May 2023
China-based Eve Energy will build battery plant in Hungary to support BMW
Another China-based battery company has expanded to Hungary. Eve Energy recently bought land in Debrecen to build its first European plant, slated to begin operation in 2026. The...
Thursday 11 May 2023
Will the 15% market share magic work for EVs as well?
There is a notion that when a product's market share surpasses the sweet spot of 15%, it will welcome a demand explosion. This supply-demand phenomenon was observed when Apple launched...