KTC is a Chinese brand that produces various types of displays. Established in 1995 in Shenzhen, it has been the OEM of displays for many mid-range and high-end monitor brands. As of January 2021, the brand has decided to market directly its products and launch gaming monitors under the KTC brand. KTC stands for Key To Combat. Currently, there are six gaming monitors under this brand: KTC G42P5…
IC design houses in Taiwan are on track to downsize their recruitment with some even freezing personnel expansions, as part of their efforts to cut costs amid persistently weak market demand, according to industry sources.
China’s EV battery demand continues to grow, leading to frequent production expansion by significant suppliers in the lithium battery sector. The market scale is over CNY100 billion (US$14 billion), with many suppliers accelerating their expansions overseas.
European new car sales grew for a second month in September on easing supply-chain woes while a worsening economic outlook points to tougher times ahead.
China’s electric vehicle startups are defying the venture capital winter. While the country is leading a global contraction in VC investment, its auto sector has taken the top spot for funding so far this year, with more than 147 deals amounting to US$5.95 billion, according to data from research firm Preqin. Much of that has been from capital flowing into EVs, with batteries and semiconductors – two other high-growth sectors in the new-energy vehicle chain – in fourth and fifth place. All three have logged more deals than last year, while fundraising for once-hot industries like internet businesses, education, and real estate have fallen off a cliff.
Hon Hai Technology Group (Foxconn) today announced two new self-developed electric vehicles (EV) at its third annual Hon Hai Tech Day (HHTD) – the Model B crossover hatchback and the Model V all-terrain electric pickup.
US senator Patrick Leahy and GlobalFoundries (GF) have announced the award of US$30 million in federal funding to advance the development and production of next-generation gallium nitride (GaN) on silicon semiconductors at GF’s facility in Essex Junction, Vermont.