The US Inflation Reduction Act (IRA) effective in mid-August 2022 encourages investment in manufacturing of PV products in the US by tax incentives and/or subsidies, and this affords opportunities for Taiwan-based solar cell and/or PV module makers to invest in production in the US for tapping the US market and possibly other overseas markets, according to chairwoman and CEO Doris Hsu for solar-grade crystalline silicon wafer maker Sino-American Silicon Products (SAS) who is also chairperson for Taiwan Photovoltaic Industry Association.

Nissan Motor joined Toyota Motor in deciding to completely pull out of Russia, an exit that will cost Japan’s second-largest automaker roughly JPY100 billion (US$687 million).

Initial sales of Apple’s newly released iPhone 14 and iPhone 14 Plus reportedly were lower than expected, even though the first wave of market responses to the higher-priced iPhone 14 Pro and 14 Pro Max has been enthusiastic, according to sources at supply chain makers.

The US has further sanctioned China’s AI and supercomputing sectors, which may indirectly clamp down on the acceleration of China’s self-driving car development.