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Tuesday 11 June 2024
UAE Minister says US concerns over chip supplies to China valid
The United Arab Emirates believes US concerns about sensitive chip technology moving from the Middle East and into China are justified, according to a top official.
Tuesday 11 June 2024
Turkey to impose 40% tariffs on Chinese vehicles; Volvo reportedly shifts EV production to Belgium
More changes that could affect the automotive industry's dynamics have emerged ahead of the European Union's expected tariff increase.
Tuesday 11 June 2024
China's mineral supremacy can influence US and the rest of the world's EV game
The US tightened the eligibility of EV incentives offered by the Inflation Reduction Act (IRA) at the beginning of 2024.
Tuesday 11 June 2024
China reports growing exports in semiconductors, implying overcapacity
Official data from the Chinese government showed that semiconductor exports from China rose at a faster pace in the first five months of the year, as the country, particularly SMIC,...
Tuesday 11 June 2024
Weekly news roundup: SPIL injects US$1.276 billion into Penang to build packaging, testing capacity
These are the most-read DIGITIMES Asia stories in the week of June 3 – June 7.
Friday 7 June 2024
Nine local carmakers approved to test L3 vehicle autonomy in China
The Chinese Ministry of Industry and Information Technology (MIIT) has approved nine local carmakers to conduct public trials on Level 3 and Level 4 vehicle autonomy. Tesla and other...
Friday 7 June 2024
China Resources' acquisition of JCET shares is killing two birds with one stone
In March, China Resources announced the stunning news of acquiring SMIC's shares of JCET Group, a packaging and testing firm invested by China's National IC Industry Investment Fund...
Friday 7 June 2024
Chinese government gaining control of domestic semiconductor industry
China's state-owned capital has been fast expanding its investment in the country's semiconductor industry, taking control of major firms, according to industry sources.
Thursday 6 June 2024
China's Big Chip Fund to exceed US$47.5 billion goal, adviser says
China's main national chip fund should wind up raising more than the US$47.5 billion originally disclosed, a senior adviser to Beijing said, reflecting the government's resolve to...
Thursday 6 June 2024
EV battery swapping gaining momentum in China
The adoption of battery swapping for Electric Vehicles (EVs) is creating new business opportunities in China, according to industry sources.
Thursday 6 June 2024
TAC optical films demand rises, increasing TacBright's sales in 2024
TAC optical film manufacturer TacBright Optronics held a shareholders' meeting on the 5th, successfully passing various proposals. TacBright pointed out that in 2024, with the larger...
Thursday 6 June 2024
EU's potential tariff could be self-destructive as China supports 60% of the bloc's EV imports
The European Union is expected to announce punitive tariffs on China-made EVs after the European Parliament's election this week. Many European-branded vehicles and Tesla EVs are...
Wednesday 5 June 2024
Stellantis and Mercedes-Benz's joint battery company delays work for new European plants
Automotive Cells Company (ACC), a battery maker backed by Stellantis and Mercedes-Benz, said it has paused plans for new factories in Germany and Italy. The France-headquartered company...
Wednesday 5 June 2024
Different EV strategies polarize Japanese automotive parts suppliers' outlook
The rapid growth of the global battery EV market ended in the second half of 2023.
Wednesday 5 June 2024
STMicroelectronics, Geely announce multi-year SiC supply agreement amidst booming EV market in China
STMicroelectronics (ST) and Geely have announced a multi-year agreement for the supply of Silicon Carbide (SiC) devices and the establishment of a joint lab to collaborate on vehicle...