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12 Jun
Latest News and Trends

South Korea’s US$454 billion semiconductor cluster faces power shortage threat

  • June 12, 2024
  • By author-avatar jeff
South Korea’s semiconductor industry is warning that a future power shortage could cripple the capital region’s sprawling semiconductor hub, which represents a total investment of KRW622 trillion(US$454 billion). Compounding the issue, there is still no concrete plan to transfer substantial power from the East Coast and Honam region.

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12 Jun
Latest News and Trends

TSMC’s NT$4 billion donation for semiconductor talent education still needs fine-tuning

  • June 12, 2024
  • By author-avatar jeff
TSMC’s board of directors decided to donate up to NT$4 billion (US$123.6 million) to top universities and high schools for semiconductor research and talent education at a meeting on June 5.

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12 Jun
Latest News and Trends

Tata Motors outlines EV roadmap, achieving 30% penetration in portfolio by FY2030

  • June 12, 2024
  • By author-avatar jeff
According to a presentation released to investors on its website, Tata Motors, the leading EV brand in India, plans to increase Capex in its EV business, aiming to launch mid-to-low-end products to achieve the penetration of EVs in its portfolio to about 30%.

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12 Jun
Latest News and Trends

Apple indirectly confirms self-developed cloud chips; building brand-new AI moat

  • June 12, 2024
  • By author-avatar jeff
At WWDC 2024, Apple officially announced “Apple Intelligence.” In addition to offering a variety of cross-platform generative AI functions, one of the technical announcements that is the most distinct from its competitors is the so-called “Private Cloud Compute.”

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12 Jun
Latest News and Trends

LG Innotek adopts ‘AI process formula’ for camera modules; reduces defect rate by 90%

  • June 12, 2024
  • By author-avatar jeff
LG Innotek has successfully utilized AI technology to reduce the defect rate of high-spec camera modules. In the future, it will rely on this approach to stabilize the initial yield rate, improve cost competitiveness, and enhance profitability through AI technology.

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12 Jun
Latest News and Trends

Intel new SoC solution accelerates EV innovation, slashing costs

  • June 12, 2024
  • By author-avatar jeff
The high purchase price of an Electric Vehicle (EV) remains one of the biggest barriers for potential buyers on a global scale.

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12 Jun
Latest News and Trends

SaaS valuations fall while hardtech startups rise?

  • June 12, 2024
  • By author-avatar jeff
The soaring valuations of Software-as-a-Service (SaaS) companies that characterized the last decade have come crashing down, according to Jerry Yang, general partner at Paris-based VC firm HCVC. Speaking at InnoVEX 2024, Yang outlined the end of the SaaS valuation bubble and its implications for hardtech investments and Taiwan’s tech industry.

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12 Jun
Latest News and Trends

Xiaomi, BYD pour CNY100 billion respectively into smart vehicle technology

  • June 12, 2024
  • By author-avatar jeff
BYD founder and chairman Wang Chuanfu said EVs are still gaining momentum in replacing internal combustion engine vehicles. He also announced that BYD will invest CNY100 billion (US$13 billion) in smart vehicle technology development.

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12 Jun
Latest News and Trends

China-based Royole Technologies initiates bankruptcy liquidation amid financial struggles

  • June 12, 2024
  • By author-avatar jeff
After months of swirling rumors about Royole Technologies’ financial struggles, once touted as China’s leading foldable screen manufacturer, the latest legal documentation confirms that the company has initiated bankruptcy liquidation proceedings.

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12 Jun
Latest News and Trends

Taiwan’s passive component makers thrive on AI boom, Yageo and Ample lead the charge

  • June 12, 2024
  • By author-avatar jeff
Taiwan’s major passive components supply chain players, including Yageo and Ample Electronic Technology reported impressive business performance for May and the first five months of the year, driven by their strategic foray into AI applications.

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