Monthly Archives: August 2024

[News] Foxconn Expands Investment in the U.S., Mexico, India, and Europe, Approaching USD 840 Million

Posted on 2024-08-22 by TrendForce

According to a report from Economic Daily News, on the evening of August 21st, Foxconn announced plans to expand its investments, increasing capital in its subsidiaries located in the U.S., Mexico, India, and Europe. The total investment amounts to roughly …

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Posted in Consumer Electronics, Semiconductors, Smartphones | Tagged , , , , , , | Leave a comment

[News] Samsung Rumored to Select MTC as a Contract Manufacturer of Micro LED

Posted on 2024-08-22 by TrendForce

Per Korean media theElec on August 19, Samsung Electronics is considering outsourcing part of its Micro LED display production to a third party including China-based MTC. According to industry sources cited by Korean media, Samsung is currently evaluating the possibility …

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Posted in Consumer Electronics, TVs | Tagged , , , , | Leave a comment

[News] China’s GPU Firm Lisuan Tech Averts Bankruptcy with USD 46 Billion Financing from Dosilicon and Others

Posted on 2024-08-22 by TrendForce

China’s GPU company Lisuan Technology, based in Shanghai, has averted the crisis of bankruptcy, as it secures around 328 million yuan (nearly USD 46 billion) in financing from domestic NAND/ DRAM manufacturer Dosilicon and others, according to a report by …

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Posted in DRAM, IC Design, NAND Flash, Semiconductors | Tagged , , | Leave a comment

[News] EU Plans to Cut Tariffs on China-Made Tesla EVs from 20% to 9%, with Final Decision Expected in October

Posted on 2024-08-21 by TrendForce

On July 4th, the EU announced a provisional anti-subsidy tariff on electric vehicles imported from China, with a final decision set for October 30th. On August 20th, the EU released a draft decision regarding the final anti-subsidy tariffs, adjusting the …

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[News] Restriction on Antimony Exports is Just the Beginning? China Rumored to Tighten Tungsten Controls by Year-End

Posted on 2024-08-21 by TrendForce

China’s export controls on antimony are set to take effect on September 15th. Furthermore, according to a report from Liberty Times Net, it is indicated that these controls could be escalated, with plans to impose additional restrictions on tungsten by …

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Posted in Energy, Lithium Battery and Energy Storage | Tagged , , , | Leave a comment