CONNECT WITH US
Global supply chain: Advanced economies
Advanced economies news coverage
IN THE NEWS
Thursday 2 November 2023
Taiwan-based Master Transportation, RAC Electric Vehicles expands overseas first in Japan
As reducing carbon emissions becomes the shared goal, many countries have prioritized the electrification of buses. Taiwan-based Master Transportation and RAC Electric Vehicles, a...
Thursday 2 November 2023
Samsung smartphones performed well in 3Q23; generative AI features planned for Galaxy S24
Samsung Electronics's mobile experience (MX) division reported strong operating profit results for 3Q23 due to the launch of the Galaxy Z Fold5/Flip5 foldable smartphones. It's also...
Thursday 2 November 2023
Slow high-end EV demand lowers Panasonic's battery capacity utilization rate
Panasonic Group saw its net income hit a record high in the first half of the fiscal year 2023, thanks to the battery subsidies offered by the US Inflation Reduction Act (IRA). However,...
Thursday 2 November 2023
Toyota sees profit jump in 2QFY24, raising full-year forecast
Toyota enjoyed a 155.6% year-over-year growth in operating income in the second quarter of fiscal year 2024, thanks to a weak Japanese yen and price hikes. With the improved financial...
Thursday 2 November 2023
Taiwan initiates new one-stop services for foreign technical talent
Taiwan is poised to activate one-stop services for foreign technical talent through the International Talent Taiwan Office (ITTO), a newly inaugurated agency under the National Development...
Thursday 2 November 2023
Equipment supplier Contrel secures orders for microLED, panel-level packaging
Contrel Technology, an LCD equipment specialist, has received orders for microLED and panel-level packaging from Taiwan's top-two panel makers, AUO and Innolux, which will drive revenue...
Wednesday 1 November 2023
Japan launches ambitious 175 billion-parameter language model project
In a strategic move to bolster its presence in the global AI arena, Japan's National Institute of Advanced Industrial Science and Technology (AIST), in collaboration with the Tokyo...
Wednesday 1 November 2023
Toyota injects another US$8 billion into North Carolina battery plant
Toyota has made further commitments to EV battery production in the US. The automaker announced on October 31 that it will invest an additional US$8 billion into its battery plant...
Wednesday 1 November 2023
Taiwan, Poland to deepen collaboration on automotive electronics
The automotive industry has become one of the main drivers of Poland's economy. The country, a world-leading coal producer, has formed a clear plan to raise the EV penetration rate...
Wednesday 1 November 2023
Taiwan boosts space program budget for a US$10 billion production value goal by 2025
The first Taiwan International Assembly of Space Science, Technology, and Industry (TASTI 2023) recently opened in Taipei. Tsung-Tsong Wu, the Executive Minister of the National Science...
Wednesday 1 November 2023
AUO 3Q23 revenues up 10.7% QoQ
AUO Corp. released its consolidated revenues in the third quarter of 2023 on October 31, which totaled NT$70.11 billion, up by 10.7% quarter-over-quarter. AUO's net loss attributable...
Wednesday 1 November 2023
Samsung plans to expand HBM annual capacity by 2.5x in 2024
Samsung Electronics is making an extra effort to capture the opportunities brought by artificial intelligence while cutting losses in its semiconductor business. It is said to be...
Tuesday 31 October 2023
Samsung reduces reliance on China as LCD TV panel prices stabilize
In response to the continuous increase in LCD TV panel prices since 2023, end-user companies such as Samsung Electronics have reduced their panel procurement volumes to increase their...
Tuesday 31 October 2023
PSMC announces 12-inch JV fab in Miyagi
Through the signing of a memorandum of understanding (MOU) with SBI Holdings and Japan's Miyagi Prefecture, Powerchip Semiconductor Manufacturing (PSMC), a Taiwan-based pure-play...
Tuesday 31 October 2023
Hyundai Motor not reducing EV investment amid industry headwinds
Due to high-interest rates and inflation, coupled with conflict in the Middle East, the global electric vehicle (EV) market's growth trend is feared to slow down dramatically. Recently,...