The U.S. government announced plans to invest up to $300 million in three advanced semiconductor packaging research projects located in Georgia, California, and Arizona. These projects aim to develop cutting-edge technologies in advanced substrates, a critical component in the semiconductor supply chain that supports industries like artificial intelligence (AI), next-generation wireless communication, and energy-efficient electronics.
India’s electric vehicle (EV) market is seeing contrasting trends, with passenger EV sales declining while the commercial segment grows rapidly. Recent data shows a 9 percent year-on-year drop in passenger EV sales in September 2024, marking the lowest point in 19 months.