CONNECT WITH US
NEWS TAGGED BUDGET
Tuesday 27 August 2024
Intel slashes marketing budget as AMD presses for market shift
Intel's Sales and Marketing Group (SMG) reportedly plans to streamline its workforce and reduce marketing expenses, aiming to cut costs by over 35% by the end of 2024.
Monday 19 August 2024
Japan faces financial resource issues following Kishida's resignation
Japanese prime minister Fumio Kishida is stepping down before the end of September 2024. Many policies from his administration require large budgets, including providing subsidies...
Wednesday 14 August 2024
TSMC approves US$29.6 billion capex for capacity expansions, tech upgrades
TSMC's board of directors has approved a significant capital budget of US$29.615 billion aimed at enhancing the company's advanced process capacities and upgrading packaging technology...
Tuesday 13 August 2024
Robust AI server sales buoy Wistron 2Q24 results
Wistron has reported its strongest second quarter in gross margin and EPS, boosted by strong AI server shipments. The ODM's outstanding performance during the quarter confirms the...
Thursday 8 August 2024
IPC firms eye lucrative niche as military and aerospace markets expand
As geopolitical tensions brew and regional conflicts persist, global defense budgets are surging, fueling demand in the military and aerospace sectors. Taiwan's...
Wednesday 24 July 2024
India reduces import taxes for smartphones, benefiting Apple
In the latest budget, India reduced import taxes for smartphones and components, as well as 25 critical metals to develop local manufacturing ecosystems. India also increased import...
Monday 22 July 2024
Taiwan prioritizes drones and AI in new defense technology unit
Taiwan has established a new Defense Innovation Unit (DIU) to accelerate the integration of drones and Artificial Intelligence (AI) systems into its military strategy. This unit,...
Thursday 18 July 2024
President Lai pledges support for next-gen Taiwan AI supercomputers in weather forecasting
Less than five months after the Central Weather Administration (CWA) inaugurated its sixth-generation high-performance computer, its computing power is already falling short. In response,...
Wednesday 17 July 2024
Taiwan pays US$4.75 billion for defense since 2022; Trump says it's not enough
In recent years, Taiwan has significantly increased its defense procurement from the US. However, US Republican presidential candidate Donald Trump continues to assert that Taiwan...
Wednesday 26 June 2024
Honda launches N-VANe: budget BEV to compete with Chinese rivals
Honda, the Japanese automotive conglomerate, announced that it will launch a budget Battery Electric Vehicle (BEV) in October 2024 in Japan, and consumers can get one for less than...
Monday 15 April 2024
Chinese telecom bidding market rebounds, stoking replenishment demand for network ICs
The Chinese telecom bidding market is on the upswing, as major tenders are being issued by key telecom operators.
Friday 12 April 2024
Chinese budget smartphone brands compete in AI
Chinese handset brands such as Redmi, Nubia, and OnePlus are all rushing to introduce AI smartphones.
Monday 8 April 2024
Trudeau unveils $1.8 billion package for Canada's AI sector
Canada is launching a fund to boost its artificial intelligence sector and creating a new AI safety institute as Prime Minister Justin Trudeau continues to roll out spending announcements...
Thursday 14 March 2024
Biden's fiscal 2025 budget for the energy and climate sectors
US President Joe Biden has unveiled his 2025 fiscal budget to address pressing environmental challenges, emphasizing substantial investments in climate-related programs and clean...
Wednesday 13 March 2024
US 2025 defense budget to cut semiconductor spending
On March 11, 2024, the US Department of Defense (DoD) revealed the Biden-Harris Administration's proposed fiscal year 2025 defense budget request totaling US$849.8 billion. In accordance...