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Monday 15 April 2024
Chinese telecom bidding market rebounds, stoking replenishment demand for network ICs
The Chinese telecom bidding market is on the upswing, as major tenders are being issued by key telecom operators.
Friday 12 April 2024
Chinese budget smartphone brands compete in AI
Chinese handset brands such as Redmi, Nubia, and OnePlus are all rushing to introduce AI smartphones.
Monday 8 April 2024
Trudeau unveils $1.8 billion package for Canada's AI sector
Canada is launching a fund to boost its artificial intelligence sector and creating a new AI safety institute as Prime Minister Justin Trudeau continues to roll out spending announcements...
Thursday 14 March 2024
Biden's fiscal 2025 budget for the energy and climate sectors
US President Joe Biden has unveiled his 2025 fiscal budget to address pressing environmental challenges, emphasizing substantial investments in climate-related programs and clean...
Wednesday 13 March 2024
US 2025 defense budget to cut semiconductor spending
On March 11, 2024, the US Department of Defense (DoD) revealed the Biden-Harris Administration's proposed fiscal year 2025 defense budget request totaling US$849.8 billion. In accordance...
Monday 26 February 2024
NSTC allocates NT$20 billion to support infrastructure for 12-inch chip equipment donated by chipmaker
The National Science and Technology Council (NSTC) has earmarked NT$20 billion (US$631.51 million) from the budget for the "Taiwan Chip-based Industrial Innovation Program" to bolster...
Monday 5 February 2024
India surprised the manufacturing industry by not extending concessional tax rate to startups
According to the latest Interim Budget, India did not extend the concessional tax for manufacturing startups as the industry had previously expected, a decision not beneficial to...
Friday 19 January 2024
Taiwan's record 2025 tech budget prioritizes semiconductor, AI, net-zero
The National Science and Technology Council (NSTC) has proposed the government's technology budget for 2025 at a record level of NT$180 billion (US$5.70 billion).
Monday 15 January 2024
Taiwan gov't boosts budget to US$13.3 billion production value to propel satellite innovation
Due to the maturation of technological advancements and a decline in rocket launch costs, the proliferation of low-earth orbit (LEO) satellites is on a continuous upswing. Successful...
Friday 15 December 2023
VW’s software unit reaches deal on 20% budget cut, voluntary buyouts
Volkswagen AG's software unit Cariad has agreed to cut 20% of its internal development costs annually until 2028 as it attempts to avoid forced layoffs in a major restructuring prescribed...
Wednesday 1 November 2023
Taiwan boosts space program budget for a US$10 billion production value goal by 2025
The first Taiwan International Assembly of Space Science, Technology, and Industry (TASTI 2023) recently opened in Taipei. Tsung-Tsong Wu, the Executive Minister of the National Science...
Wednesday 27 September 2023
South Korea sharply cuts R&D budget for 2024, with 1,200 new researchers likely to be axed
The South Korean government has unveiled a substantial 16.6% reduction or KRW5.2 trillion (US$3.89 billion) in research and development (R&D) spending in its budget proposal for...
Tuesday 26 September 2023
South Korea to invest KRW2.2 trillion in building advanced industry clusters
The South Korean government plans to invest KRW2.2 trillion (US$1.66 billion) in the next five years to strengthen the competitiveness of cutting-edge industries such as semiconductors,...
Thursday 7 September 2023
South Korea focuses on domestic production of materials and components, despite rare R&D budget cuts
The South Korean Ministry of Trade, Industry, and Energy (MOTIE) has allocated a budget of KRW11.22 trillion (approximately US$84.9 billion) for the year 2024. Based on President...
Monday 4 September 2023
European public cloud spending to reach US$142 billion in 2023, defying budget cuts amid economic downturn, says IDC
According to the Worldwide Software and Public Cloud Services Spending Guide published by IDC, public cloud services spending in Europe will total US$142 billion in 2023 and will...