As industry leaders like Acer founder Stan Shih emphasize the growing importance of software development in the AI era, Foxconn Technology (Hon Hai) has once again showcased its agility by establishing a software R&D center in the southern port city of Kaohsiung, aiming to cement its presence in Taiwan’s burgeoning software market, which is projected to reach NT$5 trillion (US$156 billion) in the coming years.
On August 20, the highly anticipated Chinese AAA single-player game “Black Myth: Wukong” was officially launched worldwide. In just three days, it sold over 10 million copies and generated CNY3 billion (approx. US$422 million) in revenue. Considering that the total sales revenue in the Chinese console game market for the first half of 2024 was around CNY700 million, Black Myth: Wukong more than quadrupled that figure in just three days.
The Biden administration had already allocated US$7.5 billion for the purpose of expanding the electrical vehicle (EV) charging network. Recently, it announced that a subsidy of US$521 million will be added, benefiting 29 states and further pushing US EV infrastructure forward, making charging more convenient.
Kaynes SemiCon, a subsidiary of Kaynes Technology, has reiterated its commitment to establishing an advanced electronics manufacturing facility in Hyderabad, Telangana, despite recently securing approval for a project in Gujarat.
As the global demand for chips continues to grow, Arizona is positioning itself as America’s answer to Taiwan’s semiconductor prowess. The state is rapidly evolving into a powerhouse for chip manufacturing, with ambitious plans that mirror the successful clustering model that has made Taiwan a global leader in the sector.
With SEMICON Taiwan 2024 soon to kickstart on September 4, Polish semiconductor suppliers are preparing to strengthen their ties with Taiwan. Supported by the Polish Investment and Trade Agency, the Polish Pavilion will make its second appearance in Semicon Taiwan, following last year’s fruitful results.
GlobalWafers Co. is actively building out manufacturing overseas in anticipation of rising tariffs on chip materials, underscoring growing expectations that tit-for-tat trade measures will disrupt the semiconductor supply chain in the coming years.
Despite short-term fluctuations in the global automotive market, Felicity Carson, Senior Vice President of Onsemi, told DIGITIMES that the goal for its silicon carbide (SiC) business in 2024 is to grow at twice the market rate.
During a 17-day US tour aimed at attracting investments, Tamil Nadu Chief Minister MK Stalin met with representatives from Apple, Google, and Microsoft and signed memoranda of understanding (MoUs) with US firms, including Applied Materials, to bolster the Indian state’s position as an electronics powerhouse.