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Toyota, Nissan, and Honda Join Forces on AI and Chip Development for Next-Gen Vehicles
Toyota, Nissan, and Honda have teamed up to develop cutting-edge AI and semiconductor technologies for next-generation vehicles, focusing on areas like semiconductor chips, APIs, virtual simulation, and cybersecurity. Supported by Japan's Ministry of Economy, Trade, and Industry, this collaboration aims to enhance Japan's competitiveness in the evolving automotive industry. The initiative includes forming the Advanced SoC Research for Automotive (ASRA) group, involving 12 companies, to create high-performance system-on-chip (SoC) technologies for mass production by 2030, marking a significant advancement in software-defined vehicles (SDVs) and autonomous driving capabilities 
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7.22.2024

Cambodia: BYD to Open Auto Plant with 20,000 Unit Capacity

BYD will establish its second production base in Southeast Asia in Cambodia, where it will build an electric vehicle assembly plant, which Cambodian Prime Minister Hun Manet welcomed.
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7.19.2024

BEV Sales Poised to Reach 10 Million in 2024, Equal Market Share with ICE Vehicles by 2029

The electric vehicle market is rapidly growing, with battery electric vehicle (BEV) sales expected to reach 10 million in 2024. This surge is driven by consumer demand for sustainable transportation, stricter emission regulations, and automaker investments in affordable BEVs. China leads the market now, but Europe and the US are expected to join as major players soon.
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7.19.2024

Samsung Launches MicroLED TV Cost Reduction Plan

Samsung Electronics seems to hope to promote the industrialization of MicroLED TVs by reducing the cost of MicroLED and gain the first opportunity in the market application of MicroLED technology. Samsung plans to reduce the cost price by 10% in the next 2-3 years.
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7.18.2024

Vietnam's Semiconductor Revenue to Reach $31.28 Billion to Become a Global Manufacturing Hub

Vietnam's semiconductor revenue is forecasted to reach $31.28 billion by 2027, with an annual growth rate of 11.6%. The data center market, dominated by local firms, is expanding due to rising digital transformation and cloud adoption. Collaboration with the US and investments from major semiconductor companies are positioning Vietnam as a potential global semiconductor manufacturing hub by 2030. 
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7.17.2024

AI Notebook Penetration Rate to Reach 20% by 2025, Predicts TrendForce

TrendForce reports that the penetration rate of AI notebooks is expected to increase dramatically from 1% in 2024 to 20.4% by 2025, driven by the growing demand for smarter, more efficient devices capable of handling complex tasks and enhancing user productivity. The annual shipment of AI notebooks is projected to reach 173.45 million units in 2024, reflecting a 3.6% year-over-year growth. This surge is supported by advancements in AI chipsets and the introduction of new high-performance models from major tech companies
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7.16.2024

Micron Technology Expands High-Bandwidth Memory Production to Meet AI Demand

Micron Technology is expanding its high-bandwidth memory (HBM) production to meet the rising demand from the AI sector. The company is establishing a pilot production line in Boise, Idaho, and is considering additional production capacity in Malaysia. Furthermore, Micron is enhancing its largest HBM facility in Taichung, Taiwan. These expansions aim to increase Micron's HBM market share to 24-26% by the end of 2025, aligning it with its current DRAM market share
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7.15.2024

BYD Invests $1 Billion to Build a Factory and Overseas R&D Center in Turkey

In response to the EU's plan to impose temporary tariffs on electric vehicles imported from China, BYD has invested $1 billion to build a factory and R&D center in Turkey. A 17.4% tariff has been added to BYD's current 10% tariff, and combined with the previous 10% basic import tariff, BYD's export tariff to the EU is as high as 27.4%. If BYD chooses to export to the EU from Turkey, the tariff rate will be significantly reduced.
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7.15.2024

ICEA Urges Government to Cut Input Tariffs in Upcoming Budget to Boost Electronics Production

The Indian Cellular and Electronics Association (ICEA) is urging the government to reduce input tariffs in the upcoming Union Budget to boost domestic electronics production. Lowering tariffs on essential components and raw materials would reduce production costs, enhance supply chain efficiency, and improve the competitiveness of Indian manufacturers globally. 
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7.12.2024

Global Semiconductor Sales Reached US$49.1 Billion in May, up 19.3% YoY

According to data from the Semiconductor Industry Association (SIA), global semiconductor sales once again achieved impressive results in May this year, up nearly 20% from the same period last year, reflecting the vigorous development of generative AI applications, which has brought strong growth momentum to the semiconductor industry.
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7.11.2024

India’s Move to Diversify the Semiconductor Supply Chain with MEITY's New Initiative

India is taking significant steps to diversify its semiconductor supply chain with a new initiative from the Ministry of Electronics and Information Technology (MEITY). This comprehensive effort aims to attract global investments, foster innovation, and develop a skilled workforce to build a robust semiconductor ecosystem. Key elements include offering attractive investment incentives, emphasizing research and development, launching targeted skill development programs, and forming strategic global partnerships. This initiative is poised to make India a major player in the global semiconductor industry, helping to mitigate shortages and reduce dependency on a few key players. 
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