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NEWS TAGGED EU
Monday 9 September 2024
European carmakers struggle as China retaliation looms over tariffs
The European Union's temporary tariffs on Chinese electric vehicles, introduced in early July, have triggered a sharp decline in registrations across the continent. SAIC Motor's MG,...
Wednesday 4 September 2024
SAIC Motor is under severe pressure due to weakening profits and EV tariffs
The EU's announcement of a 36.3% electric vehicle (EV) tariff on SAIC Motor has placed significant pressure on the automaker. Its revenue for the first half of 2024 was surpassed...
Thursday 29 August 2024
Solar module industry in bankruptcy crisis amid oversupply
Due to oversupply in the solar industry in 2024, supply chain quotes have continued to plummet, leading to a wave of bankruptcies across the sector. According to industry insiders,...
Thursday 22 August 2024
EU's final draft on import duties for Chinese EVs targets overcapacity and past market disruptions
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...
Thursday 22 August 2024
TSMC's German fab set to offer job opportunities and promote wafer ecosystems in Europe
Dresden officially welcomed the construction of a new wafer fab by TSMC with a groundbreaking ceremony on August 20.
Wednesday 21 August 2024
TSMC breaks ground on EUR10 billion semiconductor fab in Dresden
ESMC has commenced construction on a new semiconductor fabrication facility in Dresden, Germany. The joint venture between TSMC, Robert Bosch, Infineon, and NXP is investing over...
Tuesday 20 August 2024
ESMC breaks ground on Dresden fab
European Semiconductor Manufacturing Company (ESMC), a joint venture between TSMC, Robert Bosch, Infineon Technologies and NXP Semiconductors, has held a groundbreaking ceremony to...
Thursday 15 August 2024
How ESMC project is cementing Taiwan's role in global chipmaking
Following the United States and Japan, TSMC's final overseas wafer fab, ESMC (European Semiconductor Manufacturing Company), will...
Friday 9 August 2024
Google's antitrust case loss affects Apple; may accelerate expansion of AI search market
On August 5, the US Department of Justice (DOJ) ruled that Google monopolized the search engine market, marking the first antitrust case victory for the DOJ in over 20 years. This...
Thursday 8 August 2024
Chinese EV oversupply may ease as US and EU express concerns
The US and EU have started addressing the influx of Chinese electric vehicles (EVs) entering global markets. The issue of oversupply may ease as investments by Chinese automakers...
Friday 2 August 2024
Geopolitics prompts IQE to step up global deployment
Compound semiconductor epitaxial wafer (epi-wafer) manufacturer IQE is swiftly adjusting its global strategy by expanding outside its UK base in response to geopolitical volatility...
Monday 29 July 2024
US slams the door on Chinese EVs; EU leaves a crack open despite stringent taxes and tariffs
China's EV entrance into international markets has hit a bump with the trade barriers from Europe and the US, casting a dark cloud above their expansion.
Monday 29 July 2024
EU subsidies for fab construction progressing slowly; both TSMC and Intel yet to be approved
In March and April 2024, the implementation unit of the US CHIPS and Science Act and the US Department of Commerce announced that Intel and TSMC received US$8.5 billion and US$6.6...
Monday 29 July 2024
Slow EU approval delays Intel and TSMC subsidies under European Chips Act
In March and April 2024, Intel and TSMC received substantial subsidies of US$8.5 billion and US$6.6 billion respectively for building plants in the US under the CHIPS and Science...
Tuesday 23 July 2024
EU tariff dilemma: Balancing anti-subsidy measures on Chinese EVs with economic reliance
The European Union finds itself at a crossroads as it considers implementing anti-subsidy provisional tariffs on Chinese electric vehicle (EV) imports by the end of November. This...