Articles


2024-08-22

[News] Micron Advances in Acquiring Innolux’s Southern Taiwan Facility After TSMC Outbids It for the G5.5 Plant

According to a report from TechNews, after Innolux shut down its 5.5-generation plant last year, it initially planned to sell the facility to memory giant Micron. However, TSMC successfully acquired Innolux’s 4th Plant in Tainan and its associated facilities, with a transaction value of NTD 17.14 ...

2024-08-22

[News] Rapidus Reportedly Pursues JPY 100 Billion in Bank Financing for Mass Production

As per a report from Kyodo News on August 21st, that the Japan-based chip manufacturer Rapidus is expected to begin mass production of 2nm chips by 2027. To secure the necessary funds for semiconductor production, Rapidus is reportedly seeking JPY 100 billion in financing from banks. Reportedly, ...

2024-08-22

[News] Taiwanese Server Giant Wiwynn Sues Musk’s X for Unpaid Bills, Echoing MiTAC’s Past Payment Disputes

As per a report from Business Insider, Taiwanese AI server giant Wiwynn has filed a lawsuit against Elon Musk's social platform X (formerly Twitter), claiming it refused to pay USD 120 million for parts. However, this may not be the first time a major Taiwanese server manufacturer has encountered ...

2024-08-22

[News] July FOMC Meeting Minutes Highlight Rising Labor Market Risks, Indicating Dovish Policy Outlook

The Federal Reserve released the minutes of the July FOMC meeting on August 21, providing insight into the views of Fed officials on the current economic conditions and outlook:   Inflation: Inflation has eased compared to a year ago, with core PCE rising 2.6% year-over-year in June. Alth...

2024-08-22

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

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 USD 840 million. First, Foxconn announc...

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