Monthly Archives: August 2024

[News] Vietnamese Semiconductor Industry Rising with Projected Investment From Global Giants

Posted on 2024-08-14 by TrendForce

Per a report by the Vietnam News Agency, Vietnamese Prime Minister Phạm Minh Chính recently signed Government Decree No. 791/QĐ-TTg on the establishment of the National Steering Committee for Semiconductor Industry Development. The main tasks and functions of the steering …

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[News] Taiwan Faces Temporary Power Outage in Certain Areas, while Rumors Hint at Potential Impact on Micron Equipment

Posted on 2024-08-13 by TrendForce

According to industry sources cited in a report from TechNews, a temporary power outage occurred in certain areas in northern Taiwan (Linkou, Taishan, Xinzhuang) at 1:35 PM on August 13. Addressing the matter, DRAM manufacturer Nanya Technology is currently assessing …

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[News] Nearly 40% of Major Manufacturing Projects Reportedly Face Delays under U.S. IRA and CHIPS Act

Posted on 2024-08-13 by TrendForce

In August 2022, U.S. President Joe Biden signed the “Inflation Reduction Act” and the “CHIPS and Science Act,” providing over USD 400 billion in tax incentives, loans, and grants. However, according to a report from Financial Times, about 40% of …

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[News] Huawei’s Shanghai R&D Center Nears Operation; Talent Apartments Set for September Completion

Posted on 2024-08-13 by TrendForce

According to a report on the official website of the Shanghai Qingpu District’s Government on August 11th, the exterior construction and interior decoration of Huawei’s Xicen apartment project in Shanghai have been completed, and the project has entered its final …

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[News] A Quick Summary: Key Economic Indicators to Watch in the Week ahead

Posted on 2024-08-13 by TrendForce

Over the past two weeks, the unexpected rate hike by Japan, coupled with weak U.S. manufacturing PMI and rising unemployment rates, sparked fears of an economic recession in the markets. Meanwhile the strengthening of the yen prompted a significant number of …

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