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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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1.4.2024
The VR Market Suffered Serious Setbacks in the First Half of 2023
The VR market experienced a significant downturn in the first half of 2023, with global shipments plummeting by 56% compared to the previous year. This decline was particularly striking in the US, where sales of AR and VR devices tumbled by 40%. Meta's Reality Labs division, a major player in VR space, also faced financial difficulties, incurring losses of $3.7 billion in the third quarter alone. Analysts predict that these losses will only worsen in the coming year, casting doubt on the future of the Metaverse business.
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1.4.2024
Chipmaker Qorvo to Sell Some China Facilities to Luxshare Precision Industry
In a major shakeup in the tech industry, communications and power semiconductor company Qorvo Inc. has agreed to sell its assembly and test facilities in Beijing and Dezhou, China, to Luxshare Precision Industry Co. Ltd. The deal, whose financial terms were not disclosed, will see Luxshare acquire the facilities' assets, operations, and workforce, and assemble and test products for Qorvo under a long-term supply agreement.
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1.4.2024
Huawei Partners with Thailand’s Ministry of Digital Economy to Help Thailand to Drive AI Development
Huawei and Thailand's MDES have partnered to accelerate Thailand's digital transformation and establish it as a regional AI hub. The collaboration focuses on cloud and AI development, aiming to build a dedicated Thai AI infrastructure under the government's cloud-first initiative. Huawei will assist by laying the digital foundation, with both parties expecting applications across sectors like finance, retail, and government to improve digital efficiency and public well-being.
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1.3.2024
Qualcomm Set to Dominate Early GenAI Smartphone Chip Market, Counterpoint Predicts
Smartphones are about to undergo a radical shift. A recent Counterpoint Research report predicts a stunning shift, with GenAI phones exploding from a tiny niche in 2023 to a whopping 40% of the market by 2027. Qualcomm and Samsung charge ahead with their specialized chips, MediaTek's Dimensity 9300 - it's poised to be a game-changer in GenAI.
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1.3.2024
China's Smartphone Crown Slips as Supply Chains Migrate
China's reign as the global smartphone production powerhouse is under siege. A 521-million-unit decline in output over seven years, fueled by the US-China trade war and a subsequent supply chain migration to India and Southeast Asia, has eroded China's market share below 60%. Meanwhile, India and Southeast Asia, the new production hubs, are attracting investments and witnessing growing tech sector growth, highlighting a fundamental shift in the global smartphone landscape.
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1.3.2024
Battery Electric Vehicles Surge in Global Popularity, But US Faces Inventory Challenges
Global BEV sales are skyrocketing, with 2023 poised to hit 10 million units thanks to factors like cheaper batteries, rising fuel costs, and government incentives. China reigns supreme with its 58% market share, but the US and Europe are hot on its heels, despite US automakers grappling with overproduction. Nevertheless, the future is electric, with a booming market promising lucrative opportunities for automakers, battery giants, and charging providers as innovative and affordable EVs roll off assembly lines, making the electric dream a reality for a wider audience.
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12.29.2023
BAE Takes Flight with CHIPS Act to Support Critical U.S. National Security Project in Nashua, New Hampshire
The U.S. Department of Commerce has awarded the first federal incentives under the CHIPS and Science Act to BAE Systems. The $35 million grant will support the modernization of BAE's Microelectronics Center in Nashua, New Hampshire, a critical facility producing chips for national security programs, including the F-35 fighter jet.
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12.28.2023
Taiwan's Chip Foundry Supremacy Wanes as U.S. and China Ramp Up Production
The global semiconductor foundry landscape is shifting, with Taiwan's dominance facing challenges from China and the United States. China is aggressively investing in domestic chip production, focusing on mature technologies like 28nm, and could control 39% of the market by 2027.
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12.27.2023
2.5D/3D Packaging Market Rockets Sparking Semiconductor Testing Transformation
Fueled by relentless miniaturization demands, the 2.5/3D packaging market is skyrocketing at 22% CAGR, transforming the semiconductor testing landscape promising performance boosts, efficiency gains, and sleeker devices, captivating industry giants and startups alike.
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12.27.2023
Asia-Pacific IC Design Market to Roar Back in 2024 After Inventory Slump
After facing a tough 2023 due to inventory glut and market slowdown, the Asia-Pacific IC design market is poised for a 14% rebound in 2024, fueled by easing inventory, recovering demand, and proactive vendor innovation in AI and automotive technology. Despite past challenges, Asia-Pacific players' resilience and focus on cutting-edge tech like AI integration in devices and cars position them to thrive in the coming year, particularly in the booming AI-powered device and electric vehicle segments.
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