South Korea recently saw three electric vehicle (EV) fires occur within less than a month, leading to an "EV phobia" in the local market. This situation has caused a decline in both new and used car prices

Tata Motors, the leading commercial vehicle provider and largest EV brand by sales in India, signed an MoU with Delta Electronics India and Thunderplus Solutions for charging infrastructure investment

Apollo Go, developed by Baidu, has been making significant strides in the autonomous vehicle industry, particularly following its operation in Wuhan, China, which brings the concept of autonomous vehicles closer to reality

Xiaomi Corp. is willing to grow its nascent electric vehicle arm at the expense of profits for now, as it angles to join Tesla Inc. and BYD Co. among the world's biggest automakers over the next decade or two

In the past quarter, India's tablet market experienced robust growth, with Apple demonstrating significant momentum and expanding its lead over competitors

After approving four IC backend manufacturing facilities earlier this year, India reportedly plans to provide more incentives for compound semiconductor and silicon photonics projects

The EU's final draft on import duties for Chinese-made EVs addresses concerns about overcapacity in the Chinese industry. This decision reflects Western markets' apprehension over past instances where an influx of Chinese-made goods disrupted local suppliers

Tongtai Machine & Tool is actively expanding its semiconductor equipment business to meet the increasing demand for AI device applications and anticipates revenue from this segment to grow as a proportion of company revenue

Apaq Technology, a specialist in solid electrolytic capacitors, has acquired land adjacent to its existing plant in Malaysia for a second phase expansion, with construction expected to be completed in the fourth quarter of 2025

Xpeng Motors, a Chinese electric vehicle (EV) manufacturer, has released its financial report for the second quarter of 2024. Despite ongoing challenges from a market price war, Xpeng's technological collaboration with Volkswagen AG is beginning to show promising results

Optiemus, an India-based contract manufacturer, announced that it had bagged the telecom equipment orders for Tejas Networks, a subsidiary under Tata Group

China-based cloud service providers (CSP) have placed short lead-time orders for HBM memory with Samsung Electronics, purposely stockpiling HBM chip inventory ahead of time due to concerns about the US' impending export restrictions, according to industry sources

The scope of the US Chips Act appears to have exceeded that of the China Integrated Circuit Industry Investment Fund II (Big Fund II), but the American government's goal of reshoring semiconductor manufacturing remains a challenge

South Korea's early trade data showed exports gaining momentum this month, boosting the outlook for economic growth and suggesting global demand for semiconductors remains resilient