Author Archives: TrendForce

With Deglobalization of Supply Chain Just Starting, Will TSMC’s Overseas Expansion Activities Cause Taiwan’s Semiconductor Industry to Hollow Out or Achieve Greater Dominance?

Posted on 2022-12-09 by TrendForce

On December 6, TSMC held a ceremony for the first tool-in of its new Arizona fab. This event came after the foundry giant had publicized a series of overseas expansion projects. Within Taiwan, TSMC’s recent announcements have caused a stir …

Continue reading →
Posted in Semiconductors | Tagged , , , , , | Leave a comment

Global Car Sales Are Projected to Reach 81.1 Million Units for 2022 and Rise Slightly to 84.2 Million Units for 2023

Posted on 2022-12-05 by TrendForce

Due to persistent production constraints in 2H22, TrendForce estimates that global car sales will reach 81.1 million units for 2022, showing either a mostly flat growth or small decline from 2021. Regarding 2023, the shortage of automotive semiconductor components will …

Continue reading →
Posted in Automotive Technologies, Emerging Technologies | Leave a comment

Catching Up on Tesla, See The Big Rise of Chinese Automotive Brands

Posted on 2022-11-25 by TrendForce

TrendForce’s latest research finds that global sales of new energy vehicles (NEVs), which encompass battery-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel-cell vehicles (FCVs), rose by 70% YoY to 2.87 million units for 3Q22. Of the quarterly total, …

Continue reading →
Posted in Automotive Technologies, Emerging Technologies | Tagged , , , , , | Leave a comment

Foxconn and Saudi Arabia Have Formed Automotive Joint Venture That Will Start Selling Electric Cars by 2025

Posted on 2022-11-18 by TrendForce

Foxconn (Hong Hai Precision Industry) and Saudi Arabia’s Public Investment Fund (PIF) have agreed to jointly establish an electric vehicle (EV) brand named Ceer. PIF is Saudi Arabia’s sovereign wealth fund, and Ceer will operate as a joint venture of …

Continue reading →
Posted in Automotive Technologies, Emerging Technologies | Tagged , , , , | Leave a comment

Taiwan’s Version of “CHIPS Act” Provides 25% Tax Credit for Major Semiconductor Companies to Pursue R&D and 5% Tax Credit for Investments in Advanced Manufacturing Equipment

Posted on 2022-11-17 by TrendForce

The government of Taiwan is preparing to launch its version of “the CHIPS Act” to support locally operating companies that develop innovative technologies and have a crucial spot within the global supply chain. A highlight of this legislation is a …

Continue reading →
Posted in Semiconductors | Tagged , , , | Leave a comment