14
Oct
14
Oct
Singapore’s IGSS Ventures looks for chip fab partner in India
Singapore-based IGSS Ventures, one of the three applicants to set up semiconductor fabs in India, is looking for an Indian partner and waiting for the Indian government’s incentive approval.
14
Oct
Eclimo thrives in Malaysia’s dry and infertile EV climate
Fourteen years ago, Dato’ Dennis Chuah, a veteran of lithium battery production, saw the potential of lithium batteries and founded Eclimo Sdn. Bhd. (Eclimo) – the first homegrown electric two-wheeler company in Malaysia.
14
Oct
There’s a billion-dollar bidding war for EV plants across the US
Michigan governor Gretchen Whitmer wasn’t happy. Ford Motor, a company whose very name is synonymous with Detroit, had just announced it had chosen two southern states, Tennessee and Kentucky, as sites for a US$11 billion electric vehicle (EV) project.
14
Oct
Foundry PSMC slashes 2022 capex
Pure-play foundry Powerchip Semiconductor Manufacturing (PSMC), which specializes specialty DRAM, display driver ICs, CMOS image sensors and power management ICs, as well as customized and low-volume chips, has revised downward its capex target for 2022 to US$850 million, a 43% cut from the US$1.5 billion set previously.
14
Oct
Motech Industries not considers investment in production in US, says president
Though US Inflation Reduction Act (IRA) affords opportunities for Taiwan-based PV makers to set up factories in the US, solar cell and PV module maker Motech Industries does not consider doing so for the time being, according to company president Fred Yeh.
14
Oct
Taiwan industries should deepen ecosystems, refocus operations amid worsening US-China tensions, says Advantech board member
Taiwanese businesses must step up efforts to deepen their industry ecosystems, reposition their roles in supply chains and refocus their business operations, so as to meet challenges and cushion impacts from volatile global political and economic conditions in the post-pandemic era, particularly intensifying trade and tech wars between the US and China, according Chaney Ho, a member of board of directors at IPC maker Advantech.
14
Oct
VW to establish JV with China-based Horizon Robotics for autonomous driving push
Europe’s largest automaker aims to reclaim edges in China by boosting its advanced driver assistance systems (ADAS) and autonomous driving (AD) technologies.
14
Oct
Coretronic expects October LED BLU shipments to decrease
Coretronic expects October shipments of LED backlight units (BLUs) to slightly decrease sequentially and those of projectors and visual solution devices to significantly slip because production in China was reduced due to a week-long holiday in early October there, according to the company.
14
Oct
GM takes on Tesla with its own solar power and energy storage system
General Motors plans to compete with Tesla’s solar and Powerwall business by offering its own sun-generated power and storage system starting late next year.