China-based autonomous driving chip developer Horizon Robotics is showcasing solutions for smart driving and advanced driver assistance systems (ADAS) powered by its Journey chip series at IAA Mobility 2023. The company said deliveries of the Journey chips are approaching four million units.
TSMC is currently constructing a new factory in Kumamoto Prefecture, Japan. Some office spaces have already been completed, and TSMC employees from Taiwan are gradually moving in.
Huawei's Mate 60 series of smartphones have hit the shelves of all e-commerce channels as well as Huawei's official website and stores in China on September 3. Orders from Huawei for producing Mate 60 Pro have reportedly reached 15–17 million units, and adding the other Mate 60 series of products, the volume can reach up to 20 million, according to sources. But Huawei did not comment on this.
US-based specialty glass supplier Corning reportedly plans to invest KRW 2 trillion (US$1.5 billion) to set up a bendable glass manufacturing plant in South Korea, targeting immense business opportunities from mobile phones, IT and automotive applications.
Passive components manufacturers have been adjusting their inventory since the fourth quarter of 2021. Sources said the industry is on the upswing from the lowest point, with the inventory generally returning to a healthy level. The demand will rebound gradually.
Following Nvidia and Intel's failed respective proposals to acquire Arm and Israel-based Tower Semiconductor, concerns arise about the prospect of significant mergers and acquisitions in the semiconductor industry in the future, which may force Samsung Electronics to change tack regarding its M&A strategy.
China's SiC crystal growth industry is witnessing exponential growth this year. Several factories have agreed to long-term partnerships with big-name international companies. The Chinese SiC industry has been flourishing for nearly a decade, thanks to government support.
Huawei's in-house developed chip architecture has piqued the market's interest, and the company may accelerate the development of non-handset chips, according to industry sources.
Western automakers are set to lose a fifth of their global market share due to the unstoppable rise of more-affordable, cheaper-to-produce Chinese electric vehicles, according to UBS Group AG analysts.
China is seeking to raise a $40 billion fund to bankroll investments in domestic chipmaking and research, Reuters reported, citing unidentified people familiar with the matter.
To solve the talent shortage problem, Samsung Austin Semiconductor and the University of Texas at Austin (UT Austin) announced in the Semiconductor Day event in early September to develop the talent pipeline to support the growing semiconductor ecosystem in Central Texas.
China-based battery maker Gotion High-tech deepens ties with European battery startup InoBat by acquiring 25% of the latter's stake. The investment is expected to accelerate R&D and localization of the battery value chain in Central and Eastern Europe.
TechInsights' latest report pointed out that its lab in Ottawa, Canada, has confirmed that the SoC of Huawei's Mate 60 Pro smartphone was manufactured by SMIC's N+2 7nm process node. It is an upgraded version of the N+1 pseudo 7nm process node by which the MinerVa bitcoin miner chip was made. TechInsights was the first to discover SMIC's advanced processing effort, by confirming the SMIC N+1 node in MinerVa chip in July 2022.
Nextin, a semiconductor inspection solution provider based in South Korea, decided to invest US$200 million to set up operations in Wuxi, Jiangsu province, to expand its China market share and meet the robust demand from the local semiconductor industry. The decision may have been incentivized by China's self-sufficiency policy for the semiconductor industry.
LG Magna e-Powertrain, a joint venture between LG Electronics and tier-1 automotive supplier Magna International, announced on September 4 that it will build a new production facility in Hungary. Construction is expected to be finished in 2025.
