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Author Archives: TrendForce
[News] Manufacturers Vigorously Rev up Investment in Silicon Carbide
On March 27, Wolfspeed announced the topping out of construction at the its largest and most advanced John Palmour Manufacturing Center for Silicon Carbide. According to its introduction, the “John Palmour Silicon Carbide Manufacturing Center” has a total investment of USD …
Posted in Semiconductors
Tagged Ascen Power, Li Auto, Mersen, Mitsubishi Electric, SiC, SICC
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[News] Xiaomi Car Sales Soar, Suppliers Revealed
On March 28th, Xiaomi officially launched the electric vehicle Xiaomi SU7, featuring three configurations: the standard version priced at CNY 215,900, the Pro version at CNY 245,900, and the Max version at CNY 299,900. According to Xiaomi Automotive’s Weibo account, …
Posted in Automotive Technologies, Emerging Technologies
Tagged automotive, electric vehicle, EV, Xiaomi
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[News] US Reportedly Targets Key Chip Manufacturing Equipment, Urges Allies to Tighten Maintenance Services
The US government, according to a report from Reuters, is asking allies to stop domestic companies from servicing certain chip-making tools for Chinese customers, a U.S. Commerce department official said on March 27th. “We’re pushing for not servicing of those …
[News] Sales Decline Leads to Sharp Profit Drop for SMIC in 2023
SMIC, the leading semiconductor foundry in China, announced its financial results on March 28th. The company’s revenue for 2023 was USD 6.32 billion, a decrease of 13.1% compared to the previous year. However, the net profit for the full year …
[News] Addressing AI PC Chip Solutions, Intel and Qualcomm Reportedly Unveil Respective Strategies
With the rapid advancement of AI-powered PC chips, industry giants like Intel, AMD, and Qualcomm, alongside various brands, are optimistic about the inaugural year of AI PCs entering the market. According to a report from Commercial Times, chip manufacturers are …