The changing landscape of US-Sino relations has spurred a shift toward regional and local manufacturing bases, positioning India as an attractive destination for global production...
Taiwan's drone industry faces a significant challenge due to limited chip design capabilities for drones. To address this issue, Taiwan's Ministry of Economic Affairs (MOEA) launched...
Major tech companies are gearing up for a surge in replacement demand as government incentives aim to stimulate sales of home appliances and consumer electronics products.
On December 5, the US Department of Commerce finalized grants under the CHIPS Incentives Program's Funding Opportunity for Commercial Fabrication Facilities, directing significant...
India plans to broaden its electric vehicle incentives to include automakers producing EVs at existing factories, moving beyond its initial focus on new facilities. The revised policy...
India is preparing to roll out a new set of incentives worth up to US$5 billion, aiming to encourage companies to manufacture electronic components domestically. Designed by India's...
The Biden administration has finalized Chips Act incentives for GlobalFoundries (GF), awarding the chipmaker US$1.5 billion in grants to support US factories as part of a broader...
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...
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...
Fueled by government support, technological advancements, and a growing appetite for energy independence, storage companies are aggressively expanding into the global residential...
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...
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...
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.
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...