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Friday 27 October 2023
Ford reports US$1.3 billion strike costs, delaying EV investment
Ford reached a tentative agreement with the United Auto Workers (UAW) and saw the strike end on October 25. The carmaker said on Thursday that the walkout cost the firm US$1.3 billion...
Friday 27 October 2023
Denso doubles down on semiconductor business with US$3.3 billion investment
Leading automotive tier-1 supplier Denso announced on October 26 that it will invest about JPY500 billion (US$3.3 billion) in scaling up the semiconductor business. The company also...
Friday 27 October 2023
SMIC stepping up SiC deployment
Chinese foundry Semiconductor Manufacturing International Corp. (SMIC) has formed a joint venture, Xinlian Power Technology, with capital from XPeng Motors, Luxshare Precision Industry,...
Thursday 26 October 2023
BYD's Indian EV and IT investment plans hit snags amid souring India-China relations
While India embraces Tesla's potential investment in car manufacturing, BYD, the leading electric vehicle manufacturer based in China, has encountered hurdles in the South Asian nation,...
Wednesday 25 October 2023
Taiwan gov't boosts offshore wind energy investment with national and PE funds
Developing offshore wind energy necessitates substantial financial investments. Currently, there are 260 offshore wind turbines spinning in the Taiwan Strait, boasting an installed...
Tuesday 24 October 2023
Memory chipmakers seeking profitability
Memory chip manufacturers are currently more concerned with regaining profitability than expanding their market share, according to industry sources.
Monday 23 October 2023
Tower Semiconductor rekindles investment interest in India, yet reportedly met with lukewarm response
After Intel's failed acquisition of Israel-based Tower Semiconductor, the latter reportedly revived its interest in finding partners to make chips in India, the fourth attempt for...
Friday 20 October 2023
TSMC investment in Arizona nearly doubled Taiwan's outward FDI Jan.-Sept. 2023
Taiwan's Ministry of Economic Affairs (MOEA) issued a press release showing that January to September 2023 approved investment to China and foreign countries showed diversified results...
Thursday 19 October 2023
Construction milestone for Intel Arizona site expansion
Intel has announced that the initial portion of the cleanroom is "weather tight" and the "blow down" phase has begun at the company's two new leading-edge chip factories on its Ocotillo...
Wednesday 18 October 2023
Foxconn HHTD kicks off with presentation of EV
Today (October 18) marked the fourth annual Hon Hai Tech Day (HHTD) as the ceremony kicked off with a combined presentation by Nvidia CEO Jensen Huang and Hon Hai Technology (Foxconn)...
Tuesday 17 October 2023
TSMC says no plans for investment in Longtan
TSMC has stated that, given the current circumstances, the pure-play foundry will not consider investing in Longtan, northern Taiwan.
Tuesday 17 October 2023
Renesas deepens edge AI deployment with strategic investment in EdgeCortix
Renesas Electronics is strengthening its collaboration with the Japanese IC design startup EdgeCortix through a strategic investment to develop edge artificial intelligence (AI) solutions,...
Tuesday 17 October 2023
Lenovo shows smart car ambition with automotive-grade chip investment
Lenovo Group recently invested in China-based ChipEXT Semiconductor, an automotive MCU developer. While the consumer electronics giant has stated numerous times that it has no intention...
Thursday 12 October 2023
MicroLED chipmaker PlayNitride mulls fundraising
MicroLED chip specialist PlayNitride is investigating obtaining strategic investment from downstream partners in order to raise funds for capacity development, according to the Taiwan-based...
Wednesday 11 October 2023
Coherent SiC biz to draw investment from Denso, Mitsubishi Electric
Denso and Mitsubishi Electric have agreed to invest an aggregate US$1 billion in Coherent's silicon carbide (SiC) business. The transaction results from the strategic review process...