Demand for battery EVs has faced challenges since the second half of 2023. Sales volume has sagged this year, especially in Europe and the US, the world’s second and third-largest automotive markets.

The installed capacity of wafer fabrication will exceed 40 million wafers per quarter (in 300mm wafer equivalent), increasing by 1.2% in the first quarter of 2024 and an anticipated 1.4% rise in the second quarter, according to recent research conducted by SEMI in collaboration with TechInsights. China has the fastest capacity growth rate compared to all other areas.

Blue carbon refers to the carbon captured by the world’s oceanic and coastal ecosystems. Protecting and restoring coastal ecosystems like mangroves and seagrass meadows has been heralded as a way to achieve net-zero emissions goals by storing vast amounts of “blue carbon.”

Barring any unexpected developments, AI PCs are expected to be the central focus of COMPUTEX 2024. It will also set off the first wave of competition in AI end-user products in 2024.