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Wednesday 30 October 2024
Tesla of flying cars hits financial turbulence: Germany's Lilium halts production as insolvency looms
Lilium, a German electric vertical takeoff and landing aircraft (eVTOL) company often called the Tesla of flying cars, is planning to file for insolvency and will seek self-administration...
Tuesday 29 October 2024
Intel's US fab ambitions clash with election-year politics
In July 2022, Congress passed the CHIPS and Science Act, the largest-ever federal funding package for semiconductor manufacturing—a milestone Intel CEO Pat Gelsinger has devoted...
Monday 28 October 2024
US Election final countdown: Trump blasts Taiwan and the CHIPS Act, proposes more tariffs
As the final countdown of the US election begins, Donald Trump has once again reiterated his criticism against Taiwan, suggesting it stole America's chip business and must be willing...
Friday 25 October 2024
Musk and Trump's EV standoff sparks industry debate
Tesla just posted its strong third-quarter earnings, however, the talk of the town has been on CEO Elon Musk's political tango with Republican presidential candidate Donald Trump...
Tuesday 22 October 2024
US CHIPS Act boosts ICT technology to new heights
Following the passage of significant legislation such as the CHIPS and Science Act (CHIPS Act) and the Inflation Reduction Act (IRA) in 2022, the United States has intensified its...
Friday 18 October 2024
Infinera secures US$93 million CHIPS Act funding to expand photonic chip production and packaging
The US Department of Commerce has partnered with Infinera through the CHIPS and Science Act, signing a non-binding memorandum to provide up to US$93 million in funding. This investment...
Friday 18 October 2024
Japan-Taiwan's urban compact EV Lean3 to enter production
Through new fundraising, Japan-Taiwan electrical vehicle (EV) manufacturing company Lean Mobility has achieved a cumulative funding of JPY4.6 billion (US$30.8 million), allowing it...
Wednesday 16 October 2024
Wolfspeed secures US$750 million funding for US SiC production expansion
Wolfspeed, a US-based silicon carbide (SiC) chipmaker, has secured up to US$750 million in federal funding to construct a new wafer plant in North Carolina and expand its New York...
Monday 7 October 2024
Rapidus to build backend semiconductor manufacturing process R&D center
Rapidus has announced plans to establish a clean room at Seiko Epson's manufacturing facility in Chitose, Hokkaido, as well as a R&D center for semiconductor post-processing known...
Monday 7 October 2024
Speak AI expands investments in Taiwan amid surging language learning demand
Speak, an AI-powered language learning platform backed by OpenAI, recently launched its application in Taiwan. The company plans to use Taiwan as a base for expanding into the Chinese-speaking...
Thursday 3 October 2024
Taiwan's 6G push gains traction: NTN technology scores 5-year government funding
Taiwan is gearing up to launch its 6G commercial trial network in 2028, supported by a government-approved five-year funding plan focused on advancing key technologies in non-terrestrial...
Thursday 3 October 2024
Rapidus struggles to secure funding amidst 2nm chip ambitions
Rapidus, a Japanese semiconductor startup aiming to mass-produce 2nm chips by 2027, faces significant funding, technology, and market competitiveness challenges.
Monday 30 September 2024
Intel's EUR10 billion semiconductor plant stalls amid German chips and batteries budget battle
Intel's EUR10 billion (approx. US$10.5 billion) semiconductor plant in Magdeburg, Germany, has hit a major roadblock as the country faces a critical budget tug-of-war between funding...
Wednesday 25 September 2024
China's startups fast-track solar revolution with perovskite technology
Japan may have pioneered perovskite solar cell (PSC) technology, but mass production remains elusive. In China, however, at least six startups are racing ahead, building PSC factories...
Monday 23 September 2024
Intel spins off IFS as subsidiary to enhance financial transparency, secure funding
In February 2024, Intel began independently reporting revenue and profit data for Intel Foundry Services (IFS), distinguishing it from the main product division. This strategic move...