Monthly Archives: October 2023

[News] Via Sampling Method, Chinese Automakers BYD, SAIC Motor, and Geely Face EU Subsidy Inquiry

Posted on 2023-10-27 by TrendForce

On the 25th of October, the European Commission announced that, through a sampling method, it has selected three Chinese automakers: BYD, SAIC Motor, and Geely, to initiate an anti-subsidy investigation. The EU had previously declared its intent to investigate electric …

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[News] Progress and Adoption of Advanced Processes by Samsung, Intel, and TSMC

Posted on 2023-10-27 by TrendForce

In recent developments, Samsung Foundry, a subsidiary of Samsung Electronics, has disclosed that it has initiated discussions with major chip clients, gearing up to provide services utilizing 1.4nm and 2nm processes. It’s been said that Samsung being ahead in the …

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Posted in IC Design, IC Manufacturing, Package&Test, Semiconductors | Tagged , , , | Leave a comment

[News] Hyundai Achieves Remarkable Q3 2023 Financial Results and Sets New Highs in EV Performance

Posted on 2023-10-27 by TrendForce

Under strong government support, South Korean automakers are making remarkable strides in the global automotive market. Hyundai Motor, the largest car manufacturer in South Korea, reported a significant surge in its third-quarter operating profit, doubling year-on-year, primarily fueled by the …

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[News] ASE Holdings Anticipates Doubling Revenue Share in Advanced Packaging for Next Year

Posted on 2023-10-27 by TrendForce

ASE Holdings conducted an earning conference on October 26th to unveil its Q3 financial results and offer insights into future business prospects. All eyes are on ASE’s progress in CoWoS advanced packaging. Joseph Tung, the Chief Financial Officer (CFO) of …

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[News] Ford Shifts EV Investment Focus Amidst Fierce Price Competition

Posted on 2023-10-27 by TrendForce

In the wake of ongoing labor strikes affecting the U.S. automotive industry, major players are recalibrating their investment plans. Ford announced today that it will temporarily delay its $12 billion investment in electric vehicles, including the construction of its second …

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