As Donald Trump assumes office on January 20, the $52 billion CHIPS and Science Act enters a critical stage under new leadership. Despite campaign criticism, Bloomberg reports that Howard Lutnick, Trump’s Commerce Secretary nominee, indicated to outgoing Secretary Gina Raimondo his plan to continu...

In its final days, the Biden administration has introduced a three-tiered system for AI chip export controls, a move that could significantly impact global AI development. According to a report from MoneyDJ, citing Tom’s Hardware, Israel—a key U.S. ally—has been placed in the second tier of th...

According to a report from MyDrivers, citing Reuters, sources suggest that Chinese automakers are closely monitoring Volkswagen Group’s plans to shut down its factories in Germany. Acquiring one of these facilities could offer Chinese carmakers a valuable opportunity to enhance their presence with...

Japanese automobile giants Honda and Nissan have entered formal discussions to merge a month ago, as they aim to become the world’s third-largest automaker by sales. However, to further rule out the possibility that third party ownership could impact negotiations, Honda is said to be urging Nissan...

Following Huawei’s launch of the world’s first tri-fold smartphone, Mate XT, in last September, Samsung has also geared up for its new tri-fold model. According to a report from South Korean media outlet The Elec, the company is expected to start component production in the second quarter of 202...