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Tuesday 20 December 2022
China automotive IC makers may benefit from government's subsidization
The China government plans to offer over CNY1,000 billion (US$143.3 billion) to subsidize China-based semiconductor makers again in a bid to boost development of local semiconductor...
Tuesday 20 December 2022
Foxconn continues to plan for China after cutting ties with Tsinghua Unigroup
On December 16, the Foxconn group made a major announcement, stating that it will be selling its entire stake in China's Tsinghua Unigroup. Foxconn's sudden announcement has certainly...
Tuesday 20 December 2022
US Treasury to announce IRA battery materials guidance in March 2023
The US' Inflation Reduction Act (IRA) will play a fundamental role in scaling up the country's EV market. The US Treasury Department said on December 19 that it will delay the issuance...
Tuesday 20 December 2022
Largan sues GSEO in China
Largan Precision has filed a patent infringement lawsuit with China's Xiamen Intermediate People's Court against fellow Taiwan-based optical lens company Genius Electronic Optical...
Tuesday 20 December 2022
LED makers cautious about labor shortage caused by easing of anti-COVID-19 restrictions in China
As the China government is progressively relaxing anti-COVID-19 control measures, a large number of factory workers are expected to go home for the 2023 Lunar New Year vacation and,...
Tuesday 20 December 2022
China 12-inch silicon wafer startup raises CNY4 billion
Eswin Silicon Wafer Technology, a 12-inch silicon wafer supplier based in Xian, China has raised nearly CNY4 billion (US$573.6 million) in series C funding from China National Building...
Tuesday 20 December 2022
Samsung raises 3D NAND flash prices by 10%
Despite sluggish demand, Samsung raised its NAND flash prices for the first half of December, with 3D NAND flash prices rising by as much as 10%, according to industry sources.
Tuesday 20 December 2022
Foxconn enjoys capacity resumption after China eases COVID-19 restrictions
Hon Hai Precision Industry (Foxconn) has seen its capacity in China recovering quickly since the Chinese government significantly eased its COVID-19 restrictions. The company's smartphone...
Tuesday 20 December 2022
Notebook component makers see large absences at China plants due to COVID
With China significantly easing its COVID-19 restrictions, some notebook supply chain companies in China have seen infections in their plants affect up to 50% of their workers, resulting...
Tuesday 20 December 2022
China to step up support for local chipmakers
China remains ambitious to be self-sufficient for ICs despite the US' export controls against more Chinese chipmakers, including NAND flash memory maker Yangtze Memory Technology...
Monday 19 December 2022
Apple suppliers accelerate buildup outside China, analysts say
India and Vietnam are emerging as Apple Inc.'s next manufacturing hubs as assembly partners seek to add resilience to a supply chain heavily centered on China and shaken by its geopolitical...
Monday 19 December 2022
Growing COVID cases forces Renesas to suspend Beijing plant
Japan-based Renesas Electronics has halted production at its chip plant in Beijing due to the growing COVID case number at the site. According to media reports, the company has suspended...
Monday 19 December 2022
Blacklisted YMTC sees bumpy road ahead for 232-layer NAND mass production
China's largest memory maker Yangtz Memory Technologies (YMTC) will be deterred from entering mass production of its 232-layer 3D NAND flash and developing more advanced chips after...
Monday 19 December 2022
Svolt Energy's new battery technology enables over 800km range with LFP chemistry
China-based Svolt Energy introduced a new battery design, Dragon Armor, on its third Battery Day. The company said the technology is safer and can offer a more extended range. A new...
Monday 19 December 2022
Mercedes-Benz to ramp up production of EV components in Germany and China
Mercedes-Benz revealed more details on Dec 14 of its "100% electric" plan. The plan includes production ramp of electric drivetrain and EV battery in Europe, mainly Germany, and China,...