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Thursday 28 October 2021
Digital economy to generate US$74 billion for Vietnam by 2030
Digital economy, if developed properly, could generate US$74 billion in revenue by 2030 for Vietnam, equivalent to 27% of the country's GDP in 2020, according to Alphabet's estimates...
Thursday 21 October 2021
CATL faces challenges in bid to build battery plant in US
The largest China-based lithium battery maker Contemporary Amperex Technology (CATL) has reportedly planned to set up a battery factory in the US, but the company will face challenges,...
Wednesday 20 October 2021
Sivers acquires MixComm to expand mmWave ecosystem
Sweden-based Sivers Semiconductors will acquire millimeter wave (mmWave) semiconductor supplier US-based MixComm for US$135 million (NT$37.6 billion).
Friday 15 October 2021
Will foundry expansions lead to capacity glut?
Many IDMs and pure-play foundries, including second-tier ones, are all poised to expand their fab capacities sparking concerns that the arrival of the additional capacities could...
Friday 15 October 2021
US sees battery shortages by 2025
South Korean battery suppliers are expected to be the main suppliers for the US electric vehicle market until at least 2025, indicated industry sources. The US has begun building...
Wednesday 13 October 2021
UnaBiz raises over US$25 million in Series B round
UnaBiz, a Singapore-based Internet of Things (IoT) service provider, has raised over US$25 million in its Series B funding round led by SPARX Group. The round was oversubscribed,...
Wednesday 13 October 2021
Gaming in Thailand raked in US$1 billion in 2020
Thailand's gaming industry raked in more than US$1 billion in revenue last year amid COVID-19, according to Thailand Business News citing data from NewZoo, with the number...
Friday 8 October 2021
Foxconn enters US EV market after announcing acquisition of Lordstown's factory
Granted access to the local EV market in the US by acquiring Lordstown Motors' Ohio factory, Foxconn will be producing Lordstown's Endurance electric truck and will be able to provide...
Tuesday 5 October 2021
Companies moving orders from Vietnam to China amid COVID-19
Many enterprises have shifted their orders or some production capacities from Vietnam to China amid COVID-19 lockdowns in the Southeast Asian country, according to a Vietnamese report...
Tuesday 5 October 2021
SE Asia startup Carousell becomes unicorn
Singapore's second-hand shopping site Carousell Group has raised US$100 million in the latest round of fundraising, led by South Korea-based private-equity firm STIC Investments.
Friday 1 October 2021
Foxconn to buy Lordstown Motors' EV assembly plant in Ohio
Hon Hai Technology Group (Foxconn) has disclosed plans to acquire from US electric vehicle (EV) maker Lordstown Motors an assembly plant in Ohio for US$230 million and invest US$50...
Friday 1 October 2021
US requests for confidential info from TSMC could offend major US vendors
The US government is reportedly demanding confidential data and information from foundries including TSMC and Samsung, a move that could offend major US vendors such as Apple and...
Wednesday 29 September 2021
Chip M&A deals reach US$22 billion in first 8 months of 2021
After a record-high start in the first quarter of 2021, semiconductor merger and acquisition announcements cool off a bit without the "megadeals" seen in 2020, according to IC Insi...
Monday 27 September 2021
Ultraviolette plans to sell e-scooters in US, Europe
India's Ultraviolette Automotive is preparing to launch high-performance e-scooters both locally and overseas.
Thursday 23 September 2021
Worldwide foundry sales to top US$100 billion in 2021, says IC Insights
Total foundry sales this year will surpass the US$100-billion mark for the first time, and continue increasing at a strong 11.6% average annual growth rate through 2025 when total...