Foxconn reportedly partnered with STMicroelectronics for semiconductor investments in India, and Foxconn's former chip partner Vedanta submitted a separate application for India's chip incentive scheme.
As the iPhone 15 series is expected to be unveiled next week, China's ban on iPhones from government institutions and Huawei's launch of Mate 60 Pro may be a double whammy for Apple. However, some analysts believe the impact on Apple would be limited as government institutions account for a small part of iPhones' market in China.
Chinese TV makers like TCL and Hisense showcased several new ultra-large Micro LED and Mini LED TV products at IFA Berlin 2023. It appears that they are setting Samsung Electronics and LG Electronics as their benchmarks and intensifying their efforts to catch up.
If Huawei can revive its handset business by rolling out more 5G and other handset-related chips with support from SMIC's 14nm and 7nm manufacturing capability, Qualcomm and MediaTek will be negatively impacted, particularly the US chip vendor, DIGITIMES Research believes.
Amid global supply chain diversification, India keeps attracting investments from global and local manufacturers. However, India's growing electronics production comes with a rising reliance on China.
Taiwan's car components industry, which focuses on exports, has seen its output value hit a record high while challenges like inflation and rising interest rates remain. The Ministry of Economic Affairs said Taiwan will accelerate the development of 5G, EV, biotech and pharmaceutical industry in 2024 to become an essential supplier in the world.
In the high-end OLED TV market, the importance of TV semiconductor technology continues to increase. Recently, not only has LG Electronics made market differentiations with its own TV system-on-chip (SoC) and image upscaling technology, but the Chinese TV vendor TCL has also completed in-house development of SoC for its TVs, drawing attention from various sectors.
Recent reports from South Korean media pointed out that after high bandwidth memory (HBM), Samsung Electronics will develop a new generation of DRAM technology.
The South Korean Ministry of Trade, Industry, and Energy (MOTIE) has allocated a budget of KRW11.22 trillion (approximately US$84.9 billion) for the year 2024. Based on President Yoon Suk-yeol's principle of "sharing wealth among all," while the research and development budget has decreased, there are budget increases in areas such as nurturing advanced industries like semiconductors, revitalizing the nuclear energy ecosystem, and enhancing export momentum.
India's cabinet has approved a plan to incentivize battery storage projects, as the South Asian country is pursuing carbon reduction and encouraging EV adoption.
According to a corporate filing, Hero MotoCorp announced that its board of directors had approved an investment of up to INR5.5 billion (US$66.2 million) in Ather Energy, adding that the investment is subject to the execution of definite documents and completion of certain conditions.
Semiconductor equipment firm ASML is seeing a negative effect on US' containment policy towards China. ASML CEO Peter Wennink shared his views on the China issue, as well as export restrictions and protectionism that the company is facing in the Nieuwsuur TV program broadcast on the evening of September 4.
As India's festival season approaches, the smartphone industry is closely watching for signs of recovery in the world's second-largest smartphone market, which has seen shipments decline for four consecutive quarters.
After a rocky start that resulted in financial loss in the first quarter, Global Lighting Technologies (GLT), a leader in light guide plate technology (LGP), reported a turn-around in the second quarter. Chairman Lee Mang-Shiang expects similar performance in the third quarter as the second, and despite the low visibility, better revenue could be possible in the fourth quarter.
After China-based Midea Group acquired a 100% stake in the Germany-based robotics giant Kuka, the industrial robotics industry is expected to experience a reshuffle.
