Honda, the Japanese automotive conglomerate, announced that it will launch a budget Battery Electric Vehicle (BEV) in October 2024 in Japan, and consumers can get one for less than...
Japanese motor manufacturer Nidec is shifting its growth strategy to focus on cooling devices for Generative AI (GenAI) servers, anticipating this business will grow to an annual...
In-house production of lithium battery cells by some US-based manufacturers is not going as smoothly as expected due to delays in factory construction and manufacturing progress,...
China's electric vehicle industry received at least $231 billion in government subsidies and aid from 2009 through to the end of last year, even as the amount of support per vehicle...
The visit of top Taiwan Semiconductor Manufacturing Company (TSMC) executives to Dutch semiconductor equipment manufacturer ASML in late May had many media speculating whether TSMC...
As previous subsidies of a total of JPY920 billion (nearly US$6 billion) may not be sufficient to help Rapidus achieve its goal of mass-producing 2nm chips, Japan's Ministry of Economy,...
The government will withhold approval of AMD's application to establish an R&D center in Taiwan until the source of related subsidy funding, potentially covering 35-40% of the...
Against the backdrop of a secular slowdown in economic growth and a real-estate bubble burst that added debt burdens, how much longer can China continue to subsidize its industries...
The US Department of Commerce and Micron Technology have signed a non-binding Preliminary Memorandum of Terms (PMT) to provide up to US$6.14 billion in direct funding under the CHIPS...
American memory chip giant Micron Technology, which has not built a new fab in the US for 20 years, is expected to step up its construction of new manufacturing facilities in New...
According to data from a consultative council of the Japanese government, subsidies provided to the semiconductor industry by the Japanese government over the past three years have...
TSMC and Samsung Electronics stand to gain from subsidies provided by the US government to a lesser extent, according to sources at semiconductor equipment companies.