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Chinese car buyers are attracted to new generation of Electric SUVs |
4/23/2019 |
Two of China's biggest state-owned automakers unveiled models they said can travel 600 kilometers (370 miles) on one charge, or nearly double the range of global competitors. If that can be achieved, it would raise the standard for an industry trying to compete with gasoline models by defusing "range anxiety" or fear of being stranded with a dead battery.
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U.S. will not renew sanction waivers to countries importing oil from Iran |
4/23/2019 |
Mike Pompeo plans to announce that the administration will not renew sanctions waivers for the five countries when they expire on May 2, three U.S. officials said. It was not immediately clear if any of the five would be given additional time to wind down their purchases or if they would be subject to U.S. sanctions on May 3 if they do not immediately halt imports of Iranian oil.
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Technology worker shortage hits Europe |
4/22/2019 |
A shortage of skilled workers is the industry’s top business concern, according to IPC President and CEO John Mitchell. More than two-thirds of IPC companies indicate that a lack of skilled workers is constraining their ability to grow.
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Semiconductor equipment sales expected to retreat |
4/19/2019 |
After consecutive record-sales years in 2017 and 2018, SEMI expects the equipment market to come back to earth in 2019 as the end of the memory chip boom puts a damper on new equipment purchases. SEMI forecasts that chip equipment sales will decrease about 14% this year.
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Qualcomm to set up 5G engineering test center |
4/18/2019 |
KYEC will rent its existing clean-room site to Qualcomm to house the planned engineering test center and will offer related manpower and R&D resources, while Qualcomm will provide most of high-end testing facilities.
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The head of Foxconn Technology to run for president of Taiwan |
4/17/2019 |
Terry Gou said he would make a decision "in a day or two" on a possible presidential bid, according to Taiwan's official Central News Agency. He said that if he decided to run, he would take part in the opposition Nationalist Party primary rather than mount an independent bid.
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Samsung's EUV setup ready for 5nm production |
4/17/2019 |
The Korean giant aims to steal some thunder from larger rival TSMC, which is scheduled to give an update on its work on a 5nm node next week. The two are racing to capture a lucrative but shrinking market for leading-edge process technology at a time when it’s becoming more complex and costly to make chips smaller and fasterT
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Apple Qualcomm settles |
4/17/2019 |
Apple and Qualcomm announced they have dropped all litigation in a multi-billion-dollar patent licensing dispute that has dragged on for more than two years across courts in China, Germany and the U.S..
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China spreads influence on Eastern Europe |
4/16/2019 |
China has already invested billions of dollars in various infrastructure projects in Central and Eastern Europe. Western leaders worry that further investment in the states that are EU members — or those hoping to join — could mean lower environmental and other standards than those in the rest of the bloc.
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China's auto sales slump for the nineth month |
4/15/2019 |
It was the ninth straight month of decline but an improvement over the 17.5% contraction in January and February.
Chinese consumers are less willing to make big purchases amid a tariff war with Washington and an economic slowdown.
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China's export rises despite reduction to the U.S. |
4/15/2019 |
China's exports rose 14.2% over a year ago to $198.7 billion, recovering from February's 20.8% contraction, customs data showed Friday. Imports fell 7.6% to $166 billion, worsening the previous month's 5.2% decline.
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