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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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6.8.2023
Broadcom Reports Strong First Quarter Results
CEO Hock Tan expressed confidence in the company's future growth, highlighting Broadcom's exposure to generative AI, which is expected to double to over $1 billion this fiscal year. With its stock surging 4% in after-hours trading and positive guidance for the second quarter, Broadcom's strong performance signals promising prospects for both the company and the semiconductor industry at large.
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6.8.2023
MediaTek's Optimistic Outlook Amidst Continuing Weak Demand in 2023
MediaTek expects mobile business growth to rebound in 2024 following weak demand in 2023. The company is targeting new markets like 5G and artificial intelligence to offset the slump. Despite the global chip shortage, MediaTek remains optimistic, investing in new technologies and expanding into IoT for long-term growth and potential competition with Qualcomm in the semiconductor market.
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6.8.2023
MediaTek and Nvidia Join Forces to Deliver AI Solutions for Software-Defined Cars
MediaTek and Nvidia partner to create an AI smart cockpit solution for software-defined cars. This collaboration combines MediaTek's semiconductor technology with Nvidia's AI and graphics capabilities, delivering high-definition navigation, entertainment, and gaming. Integration of Nvidia's DRIVE OS and DRIVE IX enhances autonomous driving features, ensuring safer vehicles. Automakers benefit from a comprehensive smart cockpit solution, reducing costs and speeding up development.
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6.7.2023
TrendForce Predicts Dramatic Surge in AI Server Shipments for 2023
Market research firm TrendForce predicts a significant surge in AI server shipments, with a projected 38% year-over-year increase in 2023, reaching 1.2 million units. The demand for AI-powered applications across various sectors such as e-commerce, manufacturing, healthcare, and financial services is driving this growth. This growth presents opportunities for both hardware and software vendors to meet the rising demand for high-performance GPUs, ASICs, AI frameworks, and software development kits.
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6.7.2023
Toyota Reports Strong Global Sales Growth in April, Highlighting Significant Increase in Japan and China
Toyota reported a 4.9% Y/Y increase in global sales in April, with significant growth in Japan (22%) and China (46%). Electric vehicle sales accounted for 1% of their global sales, totaling 8,584 units.
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6.7.2023
UMC Faces Sluggish Demand in First Half and Eyes Third Quarter Recovery
UMC, a Taiwanese semiconductor manufacturer, faces slow inventory depletion and weak demand, indicating a slow industry recovery. They plan to maintain stable prices and provide strategic assistance in the 8-inch wafer market while focusing on core businesses and technological advancements.
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6.7.2023
Texas Instruments Cuts Local Analog IC Prices
Texas Instruments has made significant price cuts on analog ICs produced in China, impacting general-purpose chips and putting pressure on domestic suppliers. While the price reduction may boost TI's revenue in the second quarter, it could lead to job losses and plant closures for Chinese suppliers as they struggle to compete.
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6.6.2023
Vitesco Technologies and onsemi Sign $1.9 Billion Long-Term SiC Supply Agreement
Vitesco Technologies and onsemi have signed a 10-year supply agreement valued at $1.9 billion for silicon carbide (SiC) products, enabling Vitesco to meet the rising demand for SiC in the automotive industry and bolster its electrification technologies
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6.6.2023
Voltage Drop Disrupts Production at Taiwan Science Park
A voltage drop in Taiwan's Science Park affected semiconductor foundries, causing minor disruptions in production for UMC but not impacting TSMC. This incident underscores the importance of reliable power supply in the industry amidst chip shortages and geopolitical tensions.
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6.6.2023
Volkswagen Stays Firm on Sustainable Business Model, Avoids Discount Battle in China
Volkswagen Group's China boss stated that the company will not engage in a discount battle in China to maintain a sustainable business model. The pressure from Chinese manufacturers like BYD, who are excelling in the electric car market, is challenging Western rivals.
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