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Advanced economies news coverage
IN THE NEWS
Monday 24 March 2025
SK Hynix to pull M15X fab timeline forward by two months
SK Hynix is reportedly accelerating equipment installation at its M15X fab in Cheongju, South Korea, moving the original timeline forward from December to October in response to surging...
Monday 24 March 2025
TCL's acquisition of LGD units boosts China's share in global LCD and OLED markets
TCL Technology Group Corporation's (TCL) acquisition of LG Display (LGD)'s Chinese subsidiaries, approved by authorities and slated for completion by 2025, marks a strategic shift...
Monday 24 March 2025
SCSE 2025 spotlights smart city-net zero convergence amid commercialization challenges
Highlighting the convergence of smart cities and net-zero development, this year's Smart City Summit & Expo (SCSE) drew significant global participation, with 138 cities from...
Monday 24 March 2025
Cathay Chemical achieves record profits in 2024 through strategic investments and asset sales
Cathay Chemical Works General Manager Zhicheng Hong stated that in 2024, the company faced significant challenges due to the downturn in China's economy and international geopolitical...
Monday 24 March 2025
Wonderful Hi Tech invest US$20 million in AI cable market expansion
Taiwan's Wonderful Hi Tech Technology is aggressively entering the artificial intelligence market with high-speed internal cables and customized low-Earth orbit satellite solutions,...
Monday 24 March 2025
Tesla reportedly talking to Tata for EV component sourcing
Tesla is reportedly talking to local suppliers, including those from Tata, amid its supply chain diversification away from China and Taiwan. This move aligns with its goal to sell...
Monday 24 March 2025
Stanford, MIT embrace China's DeepSeek as affordable GPT-4o rival
Although DeepSeek has been banned by government agencies in several countries, the China-developed open-source AI model is gaining recognition from leading US academic institutions...
Monday 24 March 2025
Toppan exits LCD panel production with Giantplus divestment, strengthening partnership for 2025 growth
Japanese company Toppan Holdings has decided to divest all its 53.1% stake in Taiwan-based Giantplus Technology, a manufacturer of small and medium-sized LCD panels, marking its exit...
Monday 24 March 2025
Shinko Electric to delist in June, eye DNP and Mitsui Chemicals partnership on backend process materials
The Japan Innovation Network (JIC) has completed the tender offer for shares of Shinko Electric Industries, a Fujitsu subsidiary specializing in IC substrates, and the company is...
Monday 24 March 2025
Taiwan establishes clinical trial green channel to accelerate launch of smart medical treatment products
In an effort to accelerate the launch of new smart medical treatment products, four major medical treatment systems in Taiwan, including Chung Shan Medical University Hospital, Chang...
Monday 24 March 2025
Europe's semiconductor push: industry demands 'Chips Act 2.0' to fix supply chain gaps
The European semiconductor industry is urging the European Commission (EC) to update the European Chips Act, broadening its scope beyond manufacturing to include chip design, materials,...
Monday 24 March 2025
Rapidus investment fuels Hokkaido semiconductor talent gap
Rapidus' Hokkaido investment is exacerbating Japan's semiconductor talent shortage. Companies struggle to fill open positions, revealing a critical gap in skilled workers and instructors...
Monday 24 March 2025
Intel Japan chair retires, defends Gelsinger strategies citing 'bad timing'
Kunimasa Suzuki, chairman of Intel KK, the Japanese subsidiary of US semiconductor giant Intel, will retire at the end of March 2025. However, he will continue to serve as chairman...
Monday 24 March 2025
Japanese automakers at a crossroads: How Foxconn could drive EV transformation
For many years, Japanese automotive brands have dominated the global market, each possessing relatively complete ecosystems. However, revolutionary new technologies are subtly changing...
Monday 24 March 2025
BAMS aims for the skies with eVTOL development in Taiwan
Recent major innovations in transport-related industries have not just been confined to the "C.A.S.E." (connected, autonomous, shared, electric) trend in automobiles. Increasing attention...