News

The latest data from Canalys shows that Lenovo continues to maintain its leading position in the global PC market. In the third quarter of 2024, Lenovo's global PC shipments reached 16.5 million units, a year-on-year increase of 3%, and its market share increased to 24.8%......

The FICCI report reveals a $15 billion investment opportunity from Taiwan in India’s key manufacturing sectors, including electronics, semiconductors, renewable energy, and automotive components. Taiwan's advanced technology aligns with India's goals for local production under Make in A new report by the Federation of Indian Chambers of Commerce & Industry (FICCI) reveals a $15 billion investment opportunity from Taiwan in India's key manufacturing sectors. As India scales up its manufacturing capabilities, Taiwan, renowned for its technological expertise, is emerging as a critical partner. Targeted sectors include electronics, semiconductors, renewable energy, and automotive components—integral to India’s industrial transformation. 

Vietnam has unveiled an ambitious plan to become a global semiconductor powerhouse, aiming to build three chip manufacturing plants and over 20 packaging and testing facilities.

India is set to unlock $117 billion in untapped export potential, targeting over 30 countries across key sectors such as pharmaceuticals, automobiles, engineering goods, textiles, and agriculture. Major markets like the U.S., UAE, and emerging economies in Africa and Southeast Asia offer significant growth opportunities. With government support through initiatives like the Production Linked Incentive (PLI) Scheme and free trade agreements, India aims to expand its global trade presence and strengthen its economy. This initiative aligns with India's broader strategy to boost manufacturing and reduce dependency on imports.

The U.S. Department of Energy has committed over $3 billion to 25 projects aimed at boosting advanced battery production and critical materials supply across the country. Focusing on expanding domestic manufacturing of lithium-ion and solid-state batteries, securing key materials like lithium and cobalt, advancing recycling techniques, and funding research to improve battery performance. Additionally, the initiative supports workforce development to meet the growing demand in the energy storage industry, aligning with the nation's clean energy goals and reducing reliance on foreign supply chains.

The U.S. Department of Defense has awarded $269 million for 33 Microelectronics Commons projects, focusing on secure IoT, 5G/6G communications, AI hardware, quantum technologies, and electromagnetic warfare. These projects include a cross-hub Electronic Design Automation solution that provides access to leading tools from Cadence, Synopsys, Siemens, Keysight, and Ansys, aimed at accelerating innovation in microelectronics and enhancing national security.

Saudi Arabia has established a new energy company called "Energy Solutions" and will invest at least $10 billion in the production of green hydrogen energy in the future, and this figure will increase significantly in the future to achieve energy diversification and economic transformation through the hydrogen energy industry.

According to data released by the National Bureau of Statistics and other departments, China's manufacturing purchasing managers' index rebounded by 0.7 percentage points in September, the first rebound in the past 5 months.

Vietnam is emerging as a key player in the global semiconductor industry, attracting significant foreign investment from major tech nations like the U.S., Japan, and South Korea. With a goal of producing 50,000 semiconductor engineers by 2030, Vietnam aims to secure a larger role in the global semiconductor supply chain. 

China's recent export controls on graphite, germanium, and antimony are significantly impacting the U.S. semiconductor industry. With China dominating the global supply of these critical materials, the U.S. faces shortages and disruptions in production.