Hon Hai Technology Group (Foxconn) has announced plans to partner with Youngstown State University (YSU) to set up an electrical vehicle (EV) workforce training and innovation center at Ohio’s Lordstown, where Foxconn operates an EV plant.

Intel shares climbed in late trading after the chipmaker pledged to slash costs, an effort to weather a persistent slump in computer demand that is dragging down sales and profit and obstructing its turnaround efforts.

In the past, the supply chain was characterized by linear mass production; but in the future, it will move towards decentralized production systems catering to differentiated demands. The more complex the products, the more opportunities. Taiwan is small and densely populated, and its industry is concentrated north of Hsinchu, which facilitates communication and transportation. Tech giants rely on Taiwanese companies’ supply chains and components. Whether it is to move production to Southeast Asian countries or to sell auto parts to Taiwan from Europe and the US, working with Taiwan is the best solution.

Reuters reported exclusively on Oct 26 that the US Department of Justice has probed into a series of car crashes involving Tesla’s self-driving system. The marketing hype over self-driving technology has not died down; however, many suppliers and AI companies have recently voiced different opinions on the future of autonomous cars.