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GeoWatch
Essential technology and geopolitical news recap.
Essential technology and geopolitical news recap, GeoWatch, focuses on the tech supply chain, providing effortless insights.

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IN THE NEWS
Monday 15 April 2024
Samsung gets US$6.4 billion from CHIPS Act, promises to bring HBM and advanced packaging to Texas
The US Department of Commerce (DOC) and Samsung Electronics signed a non-binding preliminary memorandum of terms (PMT) on April 15 to provide up to US$6.4 billion in direct funding...
Monday 15 April 2024
Apple faces worst iPhone slump since COVID-19 as China rivals rise
Apple Inc.'s iPhone shipments slid a worse-than-projected 10% in the March quarter, reflecting flagging sales in China despite a broader smartphone industry rebound.
Monday 15 April 2024
Chinese telecom bidding market rebounds, stoking replenishment demand for network ICs
The Chinese telecom bidding market is on the upswing, as major tenders are being issued by key telecom operators.
Monday 15 April 2024
Amkor, Infineon collaborate to fortify European semi supply chain
Infineon Technologies recently announced a multi-year partnership with Amkor Technology, a leading provider of semiconductor packaging and test services. Both companies have agreed...
Monday 15 April 2024
UK antitrust watchdog sirens market monopoly amid tech giants' AI investments
The UK's Competition and Markets Authority (CMA) cautioned tech giants about their AI investments, citing potential monopolistic behavior.
Monday 15 April 2024
TSMC unveils BOD nominees, including vice chair of US DOC advisory council
TSMC has nominated ten candidates for its board of directors, including three new independent directors.
Monday 15 April 2024
Indian retailers threaten to stop selling OnePlus smartphones in May
Retailers in southern India threatened to stop selling OnePlus smartphones starting in May as China-based smartphone brands are facing hurdles in a market they once viewed as lucra...
Monday 15 April 2024
China-based SICC becomes second-largest SiC wafer provider globally
As silicon carbide (SiC) substrates continued to evolve toward larger sizes, the 200mm substrate has become a hotly contested technology field.
Monday 15 April 2024
Rapidus announces US subsidiary, California office, and GM
Rapidus has announced the formation of a US subsidiary, Rapidus Design Solutions (RDS), the establishment of an Americas office in Santa Clara, California, and the appointment of...
Monday 15 April 2024
SMIC-backed chipmaker plays catchup as China formulates silicon IP strategy
According to reports from various Chinese media outlets such as National Business Daily and 21st Century Business Herald, top Chinese IC design service providers...
Monday 15 April 2024
China's chip equipment industry gains momentum in import substitution, alarming foreign suppliers
China currently relies heavily on imports for over 85% of its semiconductor equipment needs, showcasing a self-supply rate of only about 14%.
Friday 12 April 2024
China-based suppliers expected to flood the ultra-large-sized LCD panel market, threatening South Korean makers
Ultra large-sized LCD panel shipments are expected to surge in 2024, driven by China-based suppliers, which may lead to a price war in the market, threatening LG Display, the sole...
Friday 12 April 2024
EV parts driving revenue growth for Taiwanese suppliers
Taiwan-based automotive suppliers have seen their years-long efforts in EV components bear fruit.
Friday 12 April 2024
US and Japan forge clean energy alliance amid global summit
In a landmark bilateral summit, the United States and Japan have solidified a groundbreaking partnership to spearhead the global transition towards clean energy. As reported by Nikkei,...
Friday 12 April 2024
SK Siltron obtains further US support to accelerate SiC wafer investment
SK Siltron, a silicon carbide (SiC) wafer manufacturer in the United States, is set to receive a US$77 million subsidy from the state of Michigan, following a US$544 million loan...