According to Business Standard, Japan-based Horiba, a major player in the global semiconductor industry, plans to establish a manufacturing facility in India. This plant will cater to the growing domestic market for chip fabrication, assembly, and testing, as well as for export.
Pure-play foundry United Microelectronics (UMC) has reported a revenue of NT$17.55 billion (US$541.1 million) for June 2024, marking a 10.5% sequential decline and a 7.9% decrease YoY. Despite this monthly dip, UMC’s revenue for Q2 2024 reached NT$56.8 billion, representing a 4% increase from the previous quarter. The revenue for the first half of this year totaled NT$111.43 billion, showing a modest 0.8% increase from the previous year.
While Japanese manufacturers have long been at the forefront of bipedal humanoid robot development, recent AI breakthroughs from the US and China’s IT industry have propelled these innovations forward. Rows of bipedal robots showcased by tech companies at AI industry events have captivated global attention.
iVP Semi, an India-based IC design house, has recently been established and has secured US$5 million in pre-Series A funding. The startup plans to leverage this investment to establish a production testing facility in Chennai and another undisclosed location in South India.
Taiwan’s small and medium-sized enterprises (SMEs) in aerospace manufacturing face a unique challenge: the high cost of obtaining necessary certifications.
As the 2024 UK general election concludes, the world anticipates how the new Labour government will advance the previous administration’s vision of making the UK a science and technology superpower.
Vietnam’s cautious approach to offering investment incentives may have cost the country billions of dollars in potential economic benefits and development. According to reports from Reuters and Vietnamnet, citing an official document from Vietnam’s Ministry of Planning and Investment, major tech companies like Intel and LG Chem bypassed Vietnam for their multi-billion dollar projects due to insufficient investment incentives.
According to Bloomberg, Electronic Product and Technology, and Proactive Investors, the Canadian government has announced a CAD120 million (US$88.2 million) investment in CMC Microsystems to strengthen the country’s semiconductor industry. This five-year funding is part of a larger CAD$220 million project backed by the Strategic Innovation Fund.