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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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1.12.2024
Philippines Revamps FDI Strategy to Attract Tech Titans
The Philippines is intensifying its efforts to attract foreign direct investments from the US and Japan. Peering beyond flat forecasts for electronics exports, they're aiming for P250 billion in tech investments this year, focusing on advanced manufacturing, electric vehicles, and AI. CES 2024 was their springboard, showcasing their strengths to potential partners and solidifying their vision of becoming a future-oriented tech hub in Asia.
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1.10.2024
Japan Earthquake Shakes Chip Industry: Impact on Local Firms
The 7.6 magnitude earthquake on the Noto Peninsula impacted factories of major players like Toshiba and Murata, raising concerns about chip shortages. However, the quake hit during a seasonal slowdown and most factories experienced only minor damage. Analysts estimate the overall impact to be minimal thanks to existing parts inventory and factories being situated in areas with moderate seismic intensity.
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1.10.2024
Chinese Semiconductor Design Firms Turn to Malaysia to Mitigate US Sanction Risks
Chinese semiconductor companies are increasingly partnering with Malaysian firms to assemble high-end chips, in response to US sanctions that have restricted their access to advanced chip packaging services domestically. These partnerships are focused on the assembly phase, allowing Chinese companies to bypass US restrictions. Malaysia's established infrastructure, skilled workforce, and positive relationship with China make it an attractive location for these collaborations.
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1.9.2024
Mainland China’s Cloud Market Spending Up 18% in Q3 2023 as Growth Rate Stabilizes
Despite a measured market relying on government and state-owned enterprises, China's cloud spending reached US$9.2 billion in Q3 2023, driven by heavy AI investments from giants like Alibaba and Huawei. These top vendors, controlling 73% of the market, are fostering partner ecosystems and deploying AI platforms to unlock further growth, highlighting the strategic importance of collaboration in this complex and booming landscape.
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1.9.2024
Canalys expects Mainland China's PC market to grow from Q2 2024
Despite a 16% year-on-year decline in Q3 2023, Mainland China's PC market showed signs of recovery with a 15% sequential increase, driven by desktop demand and seasonal tablet promotions. While notebooks remained weak, Canalys predicts a modest 4% PC market growth in 2024 fueled by commercial sector investments. In the tablet market, Apple and Huawei remain dominant, with continuous digitalization trends driving a projected 5% growth for 2023.
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1.8.2024
Chip Clash Heats Up: China Presses Netherlands After ASML Blocks Key Exports
Tensions escalated between China and the Netherlands after ASML, the world's leading supplier of chipmaking equipment, canceled shipments of critical DUV machines to China at the request of the US. This move, just ahead of a Dutch export ban taking effect, triggered a strong response from Beijing, which accused the Netherlands of being a pawn in a broader US-China tech rivalry.
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1.8.2024
IBM Makes €2.69 Billion Play to Boost AI and Hybrid Cloud with Software AG Acquisition
In a €2.13 billion deal, IBM acquired StreamSets and webMethods, the top integration tools of Software AG, to boost its hybrid cloud and AI offerings. This strategic move strengthens IBM's position in the competitive iPaaS market, allowing it to seamlessly integrate data and applications across hybrid cloud environments and empower enterprises with a powerful platform for leveraging AI.
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1.5.2024
Toyota Recalls 1 Million Vehicles in US Over Airbag Malfunction Risk
Toyota and Lexus are recalling nearly 1 million vehicles in the US due to a faulty passenger seat airbag sensor that could malfunction in an accident and increase injury risk. This latest recall, impacting popular models like the Camry and RAV4, follows on the heels of two other safety issues in recent months and slightly rattled the company's stock. Despite concerns, analysts expect minimal long-term impact, and Toyota's prompt action on the recall should help maintain consumer confidence and ensure driver safety.
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1.5.2024
Tech Stocks Surge on Positive Semiconductor Industry Outlook
Tech stocks on Bursa Malaysia soared on Friday, fueled by an optimistic forecast from US industry group SEMI. The anticipation of record-high semiconductor capacity in 2024 propelled shares of companies like MPI, Inari, and KESM, while the overall tech sector saw significant gains. Despite a cautious outlook from Kenanga Research, the surge suggests potential recovery for the sector in the latter half of the year.
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1.5.2024
US DOE Announces $30 Million Boost for High-Performance Computing at X-Ray and Neutron Facilities
The US Department of Energy has awarded $30 million to seamlessly integrate high-performance computing with its leading X-ray and neutron light source facilities. Three key projects, led by Lawrence Berkeley, Argonne, and Stanford Linear Accelerator Center, will tackle challenges at the intersection of these fields, developing real-time data analysis tools, optimization strategies, and user-friendly interfaces to put these powerful capabilities into the hands of researchers, promising groundbreaking discoveries in diverse fields.
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