Monthly Archives: November 2022

Catching Up on Tesla, See The Big Rise of Chinese Automotive Brands

Posted on 2022-11-25 by TrendForce

TrendForce’s latest research finds that global sales of new energy vehicles (NEVs), which encompass battery-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel-cell vehicles (FCVs), rose by 70% YoY to 2.87 million units for 3Q22. Of the quarterly total, …

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Foxconn and Saudi Arabia Have Formed Automotive Joint Venture That Will Start Selling Electric Cars by 2025

Posted on 2022-11-18 by TrendForce

Foxconn (Hong Hai Precision Industry) and Saudi Arabia’s Public Investment Fund (PIF) have agreed to jointly establish an electric vehicle (EV) brand named Ceer. PIF is Saudi Arabia’s sovereign wealth fund, and Ceer will operate as a joint venture of …

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Taiwan’s Version of “CHIPS Act” Provides 25% Tax Credit for Major Semiconductor Companies to Pursue R&D and 5% Tax Credit for Investments in Advanced Manufacturing Equipment

Posted on 2022-11-17 by TrendForce

The government of Taiwan is preparing to launch its version of “the CHIPS Act” to support locally operating companies that develop innovative technologies and have a crucial spot within the global supply chain. A highlight of this legislation is a …

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Scale of Global Market for ABF Substrates Will Grow at a CAGR of 16.4% in 2022~2026 Period; US Export Restrictions Will Influence Supply-Demand Dynamics of This Material

Posted on 2022-11-14 by TrendForce

Shipments of CPUs, GPUs, and chipsets have been falling due to the weakening demand for PCs, gaming devices, and cryptocurrency mining machines. This recent development has also constrained the growth of the market for ABF substrates. Currently, the demand situation …

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PS VR2 Price Now Revealed, 549 USD and will be hit the store shelves on 22nd Feb, 2023

Posted on 2022-11-14 by TrendForce

Sony has provided more information about the release of its PS VR2 through its official blog. According to its latest blog post about this product, the new VR headset, which is the main part of a PS VR2 bundle or …

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