The electric vehicle (EV) landscape in Germany may see disruption in 2024 as Chinese manufacturers make inroads into the market, and reduced government subsidies put pressure on growth...
The recent termination of electric vehicle (EV) subsidies in Germany, coupled with a global surge in inflation, rising prices, and interest rates, has presented a hurdle for EV sales...
Europe's largest car-producing country has unexpectedly terminated its EV subsidy program. Germany has paid about EUR10 billion (US$10.9 billion) to encourage EV adoption. The move...
Semiconductor Manufacturing International Corp (SMIC) has unveiled its latest quarterly financial report, revealing a sharp decline in profits due to rapid expansion and sacrificing...
Following a November 15 decision from Germany's Federal Constitutional Court against the transferring of EUR60 billion - granted during the Covid-19 pandemic but unspent in fiscal...
Cash subsidies targeting research and development (R&D) investments and R&D consortiums are conducive to the development of semiconductor technologies, so governments can...
In the revised budget for the fiscal year 2023 (April 2023 to March 2024) proposed by the Japanese Ministry of Economy, Trade, and Industry (METI), approximately US$13 billion (JPY2...
The Japanese government is currently attempting to collaborate with the United States and Europe to establish common standards for subsidies in the semiconductor and electric vehicle...
While China's "undefeated" industrial development model based on government subsidies has led to trade wars in the past, it has also made China very resilient. In recent years, amid...
Pure-play foundry Powerchip Semiconductor Manufacturing (PSMC) is reportedly negotiating subsidies with the Japanese government with regards to the establishment of a new 12-inch...
Japan's government approved as much as ¥192 billion ($1.3 billion) in subsidies for Micron Technology Inc.'s Hiroshima factory, part of Tokyo's efforts to bolster next-generation...
France announced new eligibility for its EV subsidy program that will likely rule out China-made vehicles. The move came after the European Commission's launch of an investigation...
Chinese OSATs with support from government subsidies have reduced their prices further in an effort to secure more orders, whereas first-tier semiconductor backend services providers...
TSMC's project to build an advanced wafer fab in Arizona may be a financial pitfall, as the Taiwanese pure-play foundry keeps increasing its investment without the US government confirming...
Market observers view TSMC's overseas expansion strategy with skepticism, which also presents some opportunities for the pure-play foundry. Despite the fact that its wholly owned...
