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Tuesday 19 November 2024
Trump's potential EV tax credit cut could boost Tesla's market dominance while challenging rivals
With Donald Trump expected to take office in January, his transition team reportedly aims to kill the US$7,500 consumer tax credit for electric vehicle (EV) purchases, a central provision...
Wednesday 16 October 2024
Early consumption could freeze China's auto market in 2025
China saw excellent new automobile sales in October thanks to government incentives. However, concerns have been raised about whether government subsidies are simply encouraging consumers...
Monday 14 October 2024
Home energy storage gains traction amid rising solar incentives
Fueled by government support, technological advancements, and a growing appetite for energy independence, storage companies are aggressively expanding into the global residential...
Monday 14 October 2024
ASML CEO: Asia to lead global semiconductor manufacturing for years ahead
The US and European semiconductor industries are seeing major investments, yet ASML CEO Christophe Fouquet noted that Asia's semiconductor production capacity is expanding more rapidly...
Tuesday 8 October 2024
Tax incentives expanded to include AI investments for companies to deduct up to NT$1.8 billion
The tax reduction program under the Statute of Industrial Innovation has been finalized and is currently in the period of legislative amendment notification, following efforts by...
Monday 23 September 2024
Uttar Pradesh to build a semiconductor park as Indian states woo chip investments
Uttar Pradesh, one of India's electronics manufacturing hubs, plans to establish a semiconductor park as states compete for investments amid India's chipmaking ambition.
Friday 13 September 2024
India introduces new EV incentive scheme, excludes subsidies for electric car buyers
India has introduced a new electric vehicle (EV) scheme offering incentives for commercial EVs, electric two-wheelers (E2Ws), and electric three-wheelers (E3Ws). The scheme, which...
Wednesday 11 September 2024
Texas woos Taiwan's chip giants with US$700M fund and tax perks
In July 2024, Texas Governor Greg Abbott visited Taiwan to strengthen bilateral ties between the two regions, aiming to attract Taiwanese semiconductor companies to set up operations...
Tuesday 10 September 2024
SEMICON India 2024: Taiwanese firms urged to act amid closing investment window
Ahead of Semicon India 2024, scheduled from September 11-13, 2024 in New Delhi, Manharsinh Laxmanbhai Yadav, Director General of the India Taipei Association, spoke with DIGITIMES...
Monday 26 August 2024
India roundup: India sees healthy PC demand in 2Q24
As global PC vendors are grappling with high inventories, India experienced healthy growth in PC shipment. The Indian government may focus on compound semiconductors and silicon photonics...
Thursday 22 August 2024
India shifts semiconductor incentives focus to compound semiconductors and silicon photonics
After approving four IC backend manufacturing facilities earlier this year, India reportedly plans to provide more incentives for compound semiconductor and silicon photonics proje...
Tuesday 13 August 2024
SK Hynix to face challenges for US fab despite subsidies
SK Hynix is anticipated to expedite the development of its high-bandwidth memory (HBM) manufacturing and R&D fab in Indiana, with government incentives under the US CHIPS and...
Monday 12 August 2024
Thailand transforms into EV hub as Chinese manufacturers gain ground amid economic challenges
Thailand, a key automotive hub in Southeast Asia, is undergoing a significant shift towards electric vehicles (EVs). Driven by government incentives, many Chinese companies are entering...
Wednesday 7 August 2024
Vietnam's Hanoi aims for semiconductor hub status bolstered by new law and major investments
In June 2024, Vietnam enacted the Capital Law, prioritizing semiconductor investment in Hanoi and offering various incentives from the city government.
Tuesday 6 August 2024
SK Hynix secures US$450 million in US CHIPS Act funding for HBM memory fab
The US Department of Commerce and SK Hynix have signed a non-binding preliminary memorandum of terms to provide up to US$450 million in proposed federal incentives under the CHIPS...