CONNECT WITH US
NEWS TAGGED INCENTIVES
Friday 24 January 2025
Cambricon faces US$933 million lawsuit from ex-CTO over equity row
A major legal battle between Cambricon Technologies, a leading Chinese AI unicorn, and its former CTO Jun Liang has emerged, drawing parallels to the recent...
Wednesday 22 January 2025
Trump 2.0 has led to accelerated sales of US electric vehicles
During his campaign, Donald Trump announced the removal of the US$7,500 tax credit for consumers purchasing electric vehicles (EVs) under the Inflation Reduction Act (IRA). As a result,...
Monday 13 January 2025
India's potential as a manufacturing hub grows, but significant challenges remain
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...
Friday 10 January 2025
Taiwan launches subsidy program to promote domestic drone chip capabilities
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...
Friday 10 January 2025
Supply chain welcomes Chinese subsidy-driven replacement wave
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.
Friday 6 December 2024
US awards chip incentives to Absolics, Entegris for advanced chip technology and onshore materials development
On December 5, the US Department of Commerce finalized grants under the CHIPS Incentives Program's Funding Opportunity for Commercial Fabrication Facilities, directing significant...
Thursday 5 December 2024
India reportedly to expand incentive to attract EV manufacturers
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...
Monday 2 December 2024
Tesla, BYD ramp up China incentives in end-of-year sales push
Electric car makers including Tesla and BYD have unleashed further discounts and incentives in China in a final push to meet annual sales targets.
Tuesday 26 November 2024
India reportedly to offer US$5 billion incentive to boost electronics manufacturing
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...
Thursday 21 November 2024
GlobalFoundries cements Chips Act deal for US$1.5 billion grant
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...
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...