Thailand's state-controlled energy conglomerate PTT has announced that due to fierce competition in the EV market resulting in a price war, the group will lower its stake in the joint venture company Horizon Plus, established in 2021 with Foxconn Technology Group
Jae-yong Lee, chairman of Samsung Electronics (Samsung), was indicted in September 2020 on charges related to illegal inheritance and management practices. He has faced judicial risks for nearly four years, coupled with recent deteriorating performance in Samsung's core semiconductor business and insufficient technological competitiveness, the company's crisis is more severe than ever
India is preparing to roll out a new set of incentives worth up to US$5 billion, aiming to encourage companies to manufacture electronic components domestically. Designed by India's electronics ministry, this initiative targets the production of parts for various gadgets, ranging from mobile phones to laptops. This move is part of India's broader strategy to strengthen its electronics industry and reduce dependency on Chinese imports
AMD inaugurated an R&D center in India while affirming its commitment to invest the US$400 million announced in 2023. The company is building two supercomputers in India specifically for weather forecasting, emphasizing India's position as a critical hub with 25% of the company's global workforce based there
Korean memory vendors intend to promote LPDDR5 as the prevalent specification, which will necessitate a reduction in the output of LPDDR4 and LPDDR4X chips, according to industry sources
China's government has initiated a new wave of subsidies under the "Trade-In for New" policy for televisions and consumer electronics, effectively boosting TV demand. However, compared to the Mid-Autumn Festival and the National Day Holiday, the sales volume in the latest Single's Day shopping festival was lower than expected. Still, the surge in high-end TVs such as ultra-large screens and Mini LED backlight models significantly lifted overall sales revenue
Industry sources indicate that while the Japanese government maintains high expectations for Rapidus, contingency plans are being developed. Recently appointed Shigeru Ishiba, Japan's new Prime Minister, has pledged over JPY10 trillion (US$64.7 billion) to strengthen the domestic semiconductor and AI industries over the next seven years, with Rapidus as a primary focus. The package may include financial incentives to attract TSMC to establish a third wafer fab in Japan
The US is reportedly poised to implement new restrictions on semiconductor exports to China, potentially affecting around 200 Chinese chip firms. The move could strengthen Taiwan's IC design sector against Chinese competition
Japanese space communications pioneers are charting an alternative path in the global satellite internet race, pushing beyond traditional satellite networks with a comprehensive strategy that spans from ocean to space. The initiative aims to address the growing demands of Beyond 5G/6G communications while facilitating the transition to a decentralized society
TSMC has halted providing advanced AI chips at 7 nanometers and below to Chinese customers, highlighting mounting challenges for China's semiconductor industry. The suspension follows the discovery of TSMC-produced chips in Huawei devices and comes as the incoming Trump administration signals potential stricter sanctions. At the IC China 2024 in Beijing, industry leaders expressed both caution and resolve, calling for intensified efforts in generative AI and semiconductor technology to capitalize on China's vast market potential
Huawei is reportedly advancing its plans to mass-produce the Ascend 910C AI chip in the first quarter of 2025, even as the company grapples with extremely low wafer yields. Simultaneously, China's AI chip development faces mounting barriers under intense scrutiny from the US Department of Commerce
President-elect Donald Trump's pick of Scott Bessent as Treasury secretary may give Beijing room to negotiate with the US over their trade tensions, in part due to his moderate stance on tariffs
Apple CEO Tim Cook joined more than 20 corporate leaders in discussions with China's premier Monday, as global companies grapple with potential trade disruptions and economic uncertainty
STMicroelectronics unveiled a strategic partnership with China's Hua Hong Semiconductor, with a plan to commence production of 40nm process MCUs in Shenzhen by the end of 2025. STMicroelectronics noted the importance of establishing a local manufacturing footprint in China to retain a competitive edge in the EV market
On November 8, news broke that China's 7nm chip manufacturing supply was cut off, prompting major foundries like TSMC and Samsung Foundry to remain silent. However, recent reports from multiple Chinese media sources have begun to clarify the situation
