Despite the higher costs of SiC semiconductor components compared to silicon ones, automakers still embrace them for their low power loss, high withstand voltage, heat resistance and high frequency characteristics.
This Asia tech industry summary will mainly focus on Nidec considering developing its own semiconductors, GlobalWafers falling short of acquiring Germany's Siltronic, and China's automotive and new energy vehicle (NEV) industries facing overcapacity issues in 2021.
This Asia tech industry summary will mainly focus on Nissan Motor, Renault, and Mitsubishi Motor forming an automotive alliance and announcing plans for their electric vehicle (EV) businesses, Samsung Electronics accounting for 19.5% of Vietnam's total export turnover in 2021, and Foxconn teaming up with Gogoro, the Indonesian Ministry of Investment/BKPM, IBC, and Indika to jointly develop a sustainable new energy ecosystem in Indonesia.
This Asia tech industry summary will mainly focus on Contemporary Amperex Energy Service Technology (CAES), a wholly-owned subsidiary of Contemporary Amperex Technology (CATL), launching an universal battery swap solution, LG Energy Solution (LGES) heading toward a successful listing on the Korea Exchange, and Samsung Electronics unveiling its Exynos 2200 mobile processor.
Global smartphone shipments in the second half of 2021 did not see a growth momentum as in the first half and had experienced decline in both quarters of the period amid the resurgence of the COVID-19 pandemic and rising concerns over a potential inflation.
This Asia tech industry summary will mainly focus on sales of new energy vehicles (NEVs) in China increasing by 160% on year to reach 3.52 million units in 2021, Nidec's subsidiary setting up a new factory in China to increase its machine tool output for electric vehicles (EVs), and TSMC adjusting plans for its Baoshan R&D center to keep up with large orders from Intel.
Japanese automakers make their way into Southeast Asia at their own pace. Toyota with abundant corporate resources started out by building multiple assembly lines in several countries across the region while gradually undertaking localized components production and exports business.
This Asia tech industry summary will mainly focus on Japan's Sony setting up a subsidiary Sony Mobility to harness its strengths in electric vehicle (EV) development, China planning to cut subsidies on new energy vehicles (NEVs) by the end of 2022, and US-based Diodes establishing a subsidiary DiodSent Green Technology in Taiwan to step into R&D and production of third-generation semiconductor power modules for EVs.
This Asia tech industry summary will mainly focus on Samsung Electronics prioritizing NAND flash production at its P3 manufacturing line in Pyeongtaek, Hyundai Motor Group shutting down its internal combustion engine development team and shifting its focus to EV development, and Quanta expanding production capabilities at its data center server factories in the US, Southeast Asia and Europe.