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Monday 5 June 2023
Samsung reportedly failed to receive part of incentive payout from the Indian government
Thanks to India's PLI scheme to encourage handset manufacturing, India has become the second-largest mobile phone production country after China. Samsung, one of the major contributors...
Tuesday 30 May 2023
Canadian government to invest in GM-POSCO cathode material project in Quebec
The Canadian government announced on May 29 that it will offer funding support of CAD300 million (US$221 million) for a cathode active materials (CAM) facility constructed by the...
Tuesday 23 May 2023
Micron could lose US$3 billion in revenue injection from China
Micron Technology could lose an estimated US$3 billion in revenue from China as a result of the country's ban on Chinese enterprises working on critical infrastructure projects procuring...
Monday 8 May 2023
China reportedly pours CNY12.1 billion into local chipmaking sector
In 2022, the Chinese government allocated CNY12.1 billion (US$1.75 billion) in subsidies to 190 listed semiconductor companies to fill the gap left by US restrictions on advanced...