This Asia tech industry summary will mainly focus on Nintendo adjusting down its sales target due to challenges caused by chip shortages and the COVID-19 pandemic; SK Hynix reportedly planning to set up new plants in Yongin or Cheongju; and Toyota, SAIC Motor, and Great Wall Motor (GWM) becoming some of the first automakers to receive electric vehicle (EV) incentives from the Thai government.
This Asia tech industry summary will mainly focus on Denso and UMC's Japan subsidiary USJC collaborating on the production of automotive power semiconductors; China have imported less semiconductors from South Korea following the US-China trade war; and Taiwan-based companies continuing to expand server assembly plants and production lines in Mexico to lower impacts of the US-China trade war.
This Asia tech industry summary will mainly focus on Huawei renaming its "consumer business" to "terminal business" to focus on enterprise clients; Maruti Suzuki implying India will not reach its 2030 EV target; and Taiwan-based Awayspeed Technology and Gaius Automotive commercializing their electric tricycles.
This Asia tech industry summary will mainly focus on South Korea's president-elect Yoon Seok-youl nominating Lee Jong-ho, a semiconductor expert, as the science and ICT minister; China's Tianma Microelectronics planning to invest CNY 33 billion (US$5.18 billion) in an 8.6-generation panel project in Xiamen; Honda announcing its plan to invest JPY 8 trillion (US$63.3 billion) in electric vehicle (EV) and battery development in the next 10 years; and Nissan unveiling its solid-state battery R&D strategy.
This Asia tech industry summary will mainly focus on Panasonic planning to invest JPY 600 billion (US$4.83 billion) in electric vehicle (EV) batteries and hydrogen energy; Honda, Suzuki, Yamazaki, and Yamaha Motor jointly establishing a swappable battery sharing company in Japan; and LG Electronics and Samsung Electronics successively deepening deployments for the point of sale (POS) kiosk machine market.
This Asia tech industry summary will mainly focus on Showa Denko's volume production of 6-inch SiC single crystal substrate and its expanded presence in the SiC supply chain; CSOT India's first-batch of LCD product shipments were delivered to Samsung, while India-based Vedanta is planning to build LCD and OLED panel plants; and Chinese automakers XPeng, NIO and Li Auto reported financial results for 2021 with XPeng's revenues and the number of autos sold significantly increasing from a year ago. The competition between the three automakers is expected to become fiercer.
This Asia tech industry summary will mainly focus on Kioxia and Western Digital (WD) planning to invest JPY 1 trillion (US$8.19 billion) to build a new NAND flash factory in Japan, China-based electric vehicle (EV) startup Leapmotor applying for initial public offer (IPO) in Hong Kong, and Suzuki Motor investing JPY 150 billion (US$1.23 billion) to produce EVs and related batteries in India.
This Asia tech industry summary will mainly focus on South Korea's Doosan Group and Samsung Electronics deepening deployments for semiconductor assembly and testing, SK On planning to build an electric vehicle (EV) battery plant with Ford and Koç Holding in Turkey, and Japan-based Mabuchi Motor aiming to cut into the EV motor and advanced driver-assistance system (ADAS) supply chains.
This Asia tech industry summary will mainly focus on conservative Yoon Suk-yeol being elected as South Korea's new president and possibly adjusting the country's tech industry and energy policies, Sony and Honda setting up a new joint venture to commercial electric vehicles (EV) by 2025, and India's data center market growing at a CAGR of over 10% as major cloud service providers (CSPs) continue to expand production in the country.
This Asia tech industry summary will mainly focus on the Russia-Ukraine conflict impacting Taiwan-based and South Korea-based consumer electronics companies in Russia, global automakers facing potential challenges brought by the Russia-Ukraine war, and China's Ora announcing its decision to stop taking mini car orders.
This Asia tech industry summary will mainly focus on LG Innotek planning to invest in flip chip-ball grid arrays (FC-BGAs) as substrate demand for 5G, AI, and smartphone application processors remains high; Luxshare Precision spending an additional CNY 10 billion (US$1.58 billion) on new energy vehicle (NEV) development after forming a joint venture with Chery Group; and Thailand approving tax incentives to promote a shift to electric vehicles (EVs).
This Asia tech industry summary will mainly focus on Denso investing in TSMC's subsidiary Japan Advanced Semiconductor Manufacturing (JASM) to deepen its deployments for third-generation automotive semiconductors and stabilize auto chip supply, Foxconn teaming up with Vedanta to set up a semiconductor facility in India, and XPeng announcing plans to expand its presence in Europe by entering the Swedish and Dutch markets.