Malaysian officials meet with Tesla, factory plans unlikely included
Malaysian officials recently met with Tesla executives to discuss the company’s development plans in Malaysia.
28
Aug
28
Aug
Chinese OSAT eyes advanced packaging opportunities
In recent years, advanced packaging has become increasingly crucial in high-performance computing, and Chinese OSAT companies, particularly Tongfu Microelectronics, are determined to seize this growing opportunity.
28
Aug
Taiwan’s undervalued defense sector: a missed opportunity in the global arms race
After taking office, President Lai Ching-te identified five key industrial chains for development, with the defense sector among them.
28
Aug
China to surpass South Korea’s OLED panel production; impact on Taiwan-based DDI makers uncertain
Chinese OLED manufacturers have now surpassed South Korean companies in terms of market share, according to figures from multiple research firms. This development could potentially benefit Taiwanese display driver IC (DDI) firms, which have historically maintained close cooperation with Chinese panel makers due to past difficulties in overcoming barriers set by Korean panel manufacturers.
28
Aug
Hyundai to double hybrid lineup; unveils US$3 billion buyback
Hyundai Motor Co. plans to double its lineup of hybrid cars as demand for pure electric vehicles slows and announced a KRW 4 trillion ($3 billion) share buyback as part of a plan to boost investor returns.
28
Aug
China’s BYD aims to get half of auto sales from global markets
China’s top-selling automaker BYD Co. expects overseas deliveries to account for almost half of total sales in the future, suggesting it will continue to set up global production hubs to overcome punishing tariffs.
28
Aug
Japanese startups see investments bounce back from foreign venture capital in 1H24
The Japanese government has been encouraging venture capital (VC) funds, particularly foreign VC funds, to invest in the Japanese market.
28
Aug
Electricity retailers embrace ICT solutions and personnel for green energy trading growth
The green energy market continues to expand rapidly, with significant developments in the first half of 2024. Green energy trading saw an annual increase of 40%, accompanied by substantial growth in new T-REC projects.
28
Aug
Foxconn quells rumors, confirms on-schedule production for major client
To dispel rumors regarding the progress of new product shipments for a major client Foxconn Chairman Young Liu has assured that production lines across the company’s facilities are proceeding on schedule, with further details to be revealed soon.
28
Aug
HMG’s US EV sales rank second behind Tesla, tops 10% market share
Despite recent slowdowns in the electric vehicle (EV) market, Hyundai Motor Group (HMG) continues to perform strongly in the United States. The group has secured a 10% market share, ranking second only to Tesla, and has widened the gap between itself and traditional US automakers such as General Motors (GM) and Ford.