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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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China Industrial Robots Installed Capacity Exceeds 50% of the Global Total

The Chinese robotics industry maintained a stable growth trend in the first half of 2023. The production of industrial robots increased by 5.4% year-on-year to reach 222,000 sets, and the installed capacity of industrial robots accounted for over 50% of the global market. China’s Ministry of Industry and Information Technology has issued the "Robot+" Application Action Implementation Plan, which will accelerate the expansion and application of robots in various industries.

China EV Sales Grow 37% in Q2 2023

Global battery electric vehicle (BEV) sales grew by 50% year-on-year (YoY) in Q2 2023, driven by strong demand in Western Europe, North America, and Asia. Chinese OEMs continued to dominate the global BEV market, accounting for 56% of sales. However, their market share was the lowest in three years, as Western OEMs such as Tesla and Volkswagen gained ground. The global EV market is expected to reach 14 million units in 2023, with a penetration rate of 18%. The automotive industry is undergoing a major transformation, with electrification, connectivity, autonomous driving, and ride sharing being the key trends driving this change.

Aditya-L1: A New Dawn for Solar Science

India launched its first solar mission, Aditya-L1, on September 2, 2023. The spacecraft will study the sun from a vantage point about 1.5 million kilometers from Earth. The mission is expected to last for five years and will generate a significant amount of data that will be used by scientists around the world. The launch of Aditya-L1 is a major milestone for India's space program and a sign of its growing prominence in the global space community.

Analog Semiconductor Market Riding High on Industry 4.0 and IoT Waves

The global analog semiconductor market is expected to grow from $90.2 billion in 2022 to $151.1 billion by 2032, at a CAGR of 5.90%. The growth of the market is driven by the increasing demand for analog semiconductors in a variety of applications, such as Industry 4.0, IoT, big data analytics, and artificial intelligence. The market is segmented into two types: general-purpose and application-specific. General-purpose components are expected to dominate the market in the coming years due to their versatility.

Global Chip Waiver: US Extends Chip Export Waivers to South Korea and Taiwan

The US Commerce Department has extended its one-year exemption for chip manufacturers in South Korea and Taiwan to allow them to continue exporting advanced semiconductor equipment to China. The extension is also seen as beneficial for the global semiconductor supply chain, as it will help to ensure a continued and uninterrupted chip production process.

DOE's $15.5 Billion Grant to Help Automakers Make the Switch to EVs

The US Department of Energy (DOE) has announced a $15.5 billion grant to help automotive factories retool for electric vehicles (EVs). The grant is part of the Biden administration's plan to make the US a leader in the global EV market. The grant will help automakers make the switch to EVs by funding the installation of new equipment and machinery, as well as training for workers.

SiC Power Devices: A $8.9 Billion Market by 2028

The silicon carbide (SiC) power devices market is projected to grow to US$8.9 billion by 2028. The main challenges facing the SiC power devices market are the high cost of SiC wafers and the lack of qualified suppliers. However, the market is expected to overcome these challenges due to the strong demand for SiC power devices in the BEV, solar inverter, and power grid sectors.

The Number of 5G Base Stations Surpassed 3 Million in China

China has the world's largest 5G network, with over 3 million base stations and 695 million 5G mobile phone users. Nokia and Ericsson are poised to capture a significantly greater share of China Mobile's (CMCC's) base stations, thanks to their years of commitment to 5G technology development and optimization for the Chinese market.

Demand for AI Chips Soars as AI Adoption Grows

According to a recent report from Gartner, global AI chip revenue is expected to surge to $53 billion in 2023, marking a remarkable 20.9% increase compared to the previous year. This substantial growth underscores the widespread adoption of artificial intelligence technologies across various sectors. The report highlights the crucial role played by dedicated semiconductor chips designed for AI workloads, which power applications ranging from data analysis to self-driving vehicles and natural language processing.

Indonesia's Clean Energy Plan Hits Snag Due to Technical Challenges

Indonesia has postponed the announcement of its $20 billion Just Energy Transition Partnership, a plan to help the country transition to cleaner energy sources. The delay is due to disagreements about where the funding should go and the complex technical problems associated with moving from coal to renewable energy. The partnership is still expected to be announced later this year, but the delay is a setback for Indonesia's climate goals.

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