The German government is preparing billions of euros of new investments into the nation’s semiconductor industry, two months after Intel Corp. shelved plans to build a EUR30 billion (approx. US$32 billion) chip factory in Magdeburg.
Hotai Motor, Taiwan’s automotive leader, projected Taiwan’s vehicle market will reach 460,000 units in 2024, up from a prior estimate of 450,000 units, citing steady domestic demand and improved production conditions.
China’s DRAM spot prices have faced continued declines throughout November, with DDR4 particularly hard hit. In contrast, NAND flash prices have shown signs of stabilizing. Following 2-3 quarters of inventory adjustments, stock pressure has eased significantly. Manufacturers’ tighter supply controls are expected to gradually restore restocking demand.
Samsung Electronics is undergoing a personnel reform in response to the crisis within its semiconductor business. Notably, the head of Device Solutions (DS), Young-Hyun Jun, will also manage the memory division and a new CTO position for foundry services has been introduced.
HMD Global has strategically designated India as a crucial export hub for Nokia phones in response to the evolving dynamics of the global trade environment. The persistent trade tensions between the US and China have prompted the search for alternative supply chains, with India increasingly becoming a favored manufacturing location for numerous companies, including HMD.