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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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10.8.2024
Renewable Energy and Electric Vehicles Drive Power Electronics Market to $35.7 Billion
The global power electronics market, driven by the increasing adoption of electric vehicles, renewable energy, and consumer electronics, is projected to grow at a CAGR of 7% from 2023 to 2029. Key technologies like silicon carbide and gallium nitride are gaining traction due to their efficiency advantages in the EV market. Leading companies in the power electronics space are expanding their product portfolios to meet the rising demand, as industries strive to reduce CO2 emissions and enhance energy efficiency.
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10.8.2024
Chinese Electric Vehicles Struggles in Vietnam
Chinese electric vehicles are struggling to gain traction in Vietnam, hindered by limited charging infrastructure and consumer demand for lower prices. Concerns over resale value and intense competition from established automotive brands also arise.
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10.7.2024
Protecting Component Suppliers with IBS Electronics: A Necessity for India's Thriving Consumer Durables Sector
India's consumer durables market is transforming, driven by rising incomes, urbanization, and growing demand for smart appliances. Despite challenges in balancing quality and cost, IBS Electronics supports component suppliers with reliable solutions, helping them navigate supply chain complexities and technological upgrades. Leveraging over 40 years of experience, IBS ensures manufacturers receive advanced components to meet evolving consumer needs. By driving sustainable innovation and reducing dependency on imports, IBS is crucial in positioning India as a leader in the global consumer durables market.
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10.7.2024
India Inaugurates First Supercapacitor Production Facility in Kannur, Kerala: A Game-Changer in Clean Energy
India is set to open its first supercapacitor production facility in Kannur, Kerala, on October 1, 2024. Led by the Chief Minister, this state-of-the-art facility will manufacture supercapacitors used in electric vehicles, renewable energy systems, and industrial applications. The center aims to boost local employment, reduce reliance on imports, and support India’s clean energy goals. Positioned to advance green technology and innovation, the Kannur facility will play a key role in India's transition towards sustainable energy solutions.
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10.3.2024
Foxconn's 12.5 Trillion VND Factory in a Locality Will Produce 'Made in Vietnam' MacBooks and iPads
Foxconn's subsidiary, Fukang Technology, is seeking a Phase 2 environmental permit for its Bac Giang factory, which will produce MacBooks and iPads with a total investment of over 12.5 trillion VND. The factory is part of Foxconn's larger presence in Vietnam, where it operates multiple facilities and employs 80,000 workers across five provinces.
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10.2.2024
EU to Vote on Tariffs for Chinese-Made EVs: What It Means for the Automotive Industry and Supply Chains
The European Union is considering imposing tariffs on Chinese-imported electric vehicles to address concerns about unfair trade practices and protect its domestic automotive industry. Ongoing negotiations between the EU and China aim to find a diplomatic solution, but the outcome remains uncertain, potentially impacting trade relations between the two economic powers.
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10.1.2024
AWS Boosts UK Tech Sector with $10 Billion Data Center Investment
Amazon Web Services has announced a significant investment of over $10 billion in the UK, aiming to boost the country's digital economy and position it as a global cloud leader.
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9.30.2024
Global semiconductor equipment sales will hit a record high in the next three years
According to the latest report released by SEMI on Thursday, thanks to the recovery of the memory market and strong demand for high-performance computing and automotive applications, global spending on 300mm wafer fab equipment for front-end facilities is expected to exceed US$100 billion for the first time in 2025, reaching US$123.2 billion.
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9.30.2024
Taiwan's Semiconductor Leaders Unite to Drive Silicon Photonics Innovation
Taiwan's semiconductor leaders TSMC and ASE, along with 28 other companies, have formed the Silicon Photonics Industry Alliance to drive innovation in silicon photonics and Co-Packaged Optics technology. The alliance aims to standardize processes and accelerate the commercialization of energy-efficient solutions for AI devices and data centers, addressing growing demands for higher bandwidth and lower power consumption.
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9.26.2024
Investment in Northern Vietnam: Major Corporations Expand with $5.5 Billion in Funding
Bac Ninh Province announced $5.5 billion in new investments from major corporations like Samsung, Amkor, and Foxconn during a recent investment conference. The province aims to become a centrally managed city by 2030, with a focus on high-tech industries and smart city development by 2050.
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