Hyundai Motor Group has reportedly disbanded its Semiconductor Strategy Group (the Group), a key division tasked with driving the company's in-house development of automotive semiconductors to reduce reliance on external suppliers. Its functions and personnel are being reassigned to other departments as part of a broader restructuring
As US-Sino chip tensions rise, Beijing strengthens its position in mature process chip manufacturing, echoing its earlier solar panel strategy. While the US maintains a lead in advanced semiconductor technologies, China's state-backed efforts could secure dominance in lower-tech yet vital segments within years
LG Energy Solution (LGES) has secured a 7.5 GWh energy storage system (ESS) supply deal with US-based Excelsior Energy Capital, with production and delivery slated to begin in 2026. The agreement underscores LGES’s commitment to expanding its footprint in the ESS market while leveraging its energy storage solutions to manage short-term demand shifts in the electric vehicle (EV) industry
IC distributor Sunnic Technology & Merchandise is expanding its CMOS image sensor (CIS) business in India while diversifying into service businesses focused on unmanned automation and smart healthcare solutions
Taiwan's leading smart retail solutions provider Partner Tech, a subsidiary of Qisda Group, has invested in Japanese theme park software service provider Cresson Inc., the company announced on December 23, 2024. The strategic partnership aims to enhance integrated hardware and software solutions for smart retail and expand both companies' presence in Japan and Asia-Pacific markets
Alphabet Inc. is preparing to counter Japanese government allegations that it engages in anti-competitive practices such as forcing smartphone makers to give priority to Google Search in default screen placement
Reports have emerged that Hon Hai Precision Industry (Foxconn) is considering an investment in Nissan Motor, potentially influencing Nissan and Honda Motor to accelerate their merger plans
Despite the recent military maneuvers by China's navy and coast guard that threaten Taiwan's security, as well as challenges within China such as a struggling real estate market, US technological sanctions, and supply chain restructuring, the Mainland Affairs Council reports that cross-strait trade is steadily recovering
ChangXin Memory Technologies (CXMT), China's leading DRAM manufacturer, has reportedly begun mass production of DDR5 memory, according to market sources
Chinese automakers captured their smallest share of Europe's electric vehicle (EV) market in eight months after new tariffs increased the cost of importing cars to the region by as much as 35%
US President Joe Biden's administration is launching an investigation that will offer President-elect Donald Trump a choice about whether to enact new tariffs on Chinese-made semiconductor chips
With the upcoming Trump administration, the Indonesian government is working to deepen its ties with Elon Musk, who maintains close connections with the president-elect and is expected to play a key role in the transition
The year 2024 marks a pivotal shift in the silicon carbide (SiC) industry, as unprecedented production increases by Chinese manufacturers transform the global supply chain. This critical compound semiconductor material, once valued for its scarcity, has become a double-edged sword causing ripples throughout the sector
In a strategic move to strengthen its global presence, Wistron's board of directors approved several overseas investment projects on December 20, 2024, including a major renovation of its Texas facility in the US, the construction of a new factory in Vietnam, and additional capital investment in India
