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2023-10-25

[News] Japan to Collaborate with EU and US to Set EV and Semiconductor Subsidy Standards

In response to China's booming EV industry and growing influence in the global market, reports emerged on the 24th indicating that Japan is preparing to collaborate with both Europe and the United States to establish subsidy standards in areas such as electric vehicles and semiconductors. This colla...

2023-10-25

[News] Mitsubishi Motors Pulls Out of China Production Amid Sluggish Sales

In response to persistently low sales and failure to meet production targets, Japanese automaker Mitsubishi Motors has announced its exit from local car production in China. The company has also revealed plans to invest up to 200 million euros in Renault's EV venture, Ampere. Mitsubishi Motors ma...

2023-10-25

[News] Nvidia says US speeded up new export restrictions on AI chips

Nvidia has announced that the White House's embargo on exporting advanced artificial intelligence (AI) chips to China will take effect earlier than anticipated, with no expected significant impact on the company's short-term earnings. On October 24th, Nvidia issued an announcement through the U.S...

2023-10-25

[News] WEO Projections Point to EV Numbers Surging Tenfold by 2030

According to the World Energy Outlook (WEO) 2023 released by the International Energy Agency (IEA) on Tuesday, the significant rise of clean energy technologies, including solar, wind, electric vehicles, and heat pumps, is reshaping the way factories, vehicles, household appliances, and heating sys...

2023-10-25

[News] TSMC’s Capacity and Orders Surge, Is the Semiconductor Industry Bouncing Back?  

As reported by Taiwanese media, there's a gradual uptick in TSMC's capacity utilization lately, accompanied by a noticeable surge in orders from TSMC's clients. Some segments of the market are showing signs of rekindled demand, hinting at a possible upswing in the semiconductor industry. Nevertheles...

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