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| TSMC's overseas chip production to come at a cost |
4/22/2024 |
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Taiwan Semiconductor Manufacturing Co. is continuing to expand its chip production outside of Taiwan and plans to charge a premium based on higher labor, material and power costs. TSMC also estimated $92.44 million in losses after the earthquake this month in Taiwan.
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| India EV Sales Forecast to Rise 66% in 2024 |
4/22/2024 |
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In 2023, even as India’s passenger vehicle (PV) sales grew by 10% year-on-year (YoY), its electric vehicle (EV) sales nearly doubled to account for 2% of the overall PV sales. This EV surge can be attributed to multiple factors, including increasing urban consumer interest, government initiatives, infrastructure development, and concerns over climate change.
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| Biden calls for tripling tariffs on Chinese metals |
4/19/2024 |
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"If that investigation confirms these anti-competitive trade practices, then I’m calling on her to consider tripling the tariff rates for both steel imports and aluminum imports from China,” Biden said of U.S. Trade Representative Katherine Tai.
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| US plans to restore tariffs on dominant solar technology |
4/19/2024 |
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The Biden administration is expected to grant a request by South Korea’s Hanwha Qcells to reverse a two-year-old trade exemption that has allowed imports of a dominant solar panel technology from China and other countries to avoid tariffs.
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| Micron's 232-layer QLC NAND now in mass production |
4/18/2024 |
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Micron Technology is mass producing its 232-layer quad-level cell NAND flash, touting the 200+ layers in QLC chips as a first for memory manufacturers. The chip is offered with up to 2,048GB.
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| ASRock Launches Next-Gen Industrial IoT Controller |
4/18/2024 |
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ASRock Industrial’s iEP-5020G Series Industrial IoT Controller boasts enhanced computing power with up to four cores, upgraded graphic/AI inference performance of up to 32 EUs, and DDR5 memory with Intel In-Band ECC support.
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| Nordic Strengthens Executive Management Team |
4/17/2024 |
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Nordic Semiconductor is strengthening its executive management team with additional business leadership and streamlining organizational structure with four new technology-centric business units.
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| Tesla to cut 10% of global workforce |
4/17/2024 |
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Musk said there has been duplication of roles and job functions in certain areas as the company expanded globally, making it “extremely important” to reduce costs and increase productivity.
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| Microchip acquires automotive specialist VSI |
4/16/2024 |
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Microchip Technology has acquired VSI, a Korean company that specializes in advanced driver-assistance systems and digital cockpit connectivity. VSI's products focus on the Automotive SerDes Alliance open standard of in-vehicle networking.
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| Taiwan to open IC design training base in Prague |
4/16/2024 |
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Taiwan is opening its first overseas IC design training base to help companies operating in Europe train specialists. The Prague base, which launches in September, is aiming for 100 specialists in the first year, according to National Science and Technology Council Minister Wu Tsung-tsong.
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| Huawei aims to grow fab know-how with R&D site |
4/15/2024 |
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Huawei Technologies is reportedly building a research and development center in Shanghai to develop its wafer fab equipment abilities. The center is focusing on lithography machine development, sources say, amid restrictions on leading-edge wafer fab tools overseas.
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| DRAM Price Increase Expected to Narrow to 3–8% in 2Q 2024 |
4/15/2024 |
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As they continue to improve their situations by boosting capacity utilization rates, the overall demand outlook for this year remains tepid. Additionally, significant price increases by suppliers since the fourth quarter of last year (4Q 2023) are expected to further diminish the momentum for inventory restocking.
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| Foxconn weighs rotating leadership, sources say |
4/12/2024 |
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Foxconn is considering a rotating system of chief executives as it overhauls its management, sources say. The strategy can promote teamwork and develop talent, and follows calls from investors to increase corporate governance, analysts say.
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