China's penetration rate of new energy vehicles (NEVs) exceeded 40% for the first time in November this year, reaching 40.4% in domestic retail sales, a 4 percentage point increase from the same period last year. Optimistic growth is anticipated by 2024, with wholesale sales of new energy passenger ...

According to icsmart’s report, in October, Samsung Electronics and SK Hynix received an indefinite exemption from the U.S. government's control over exports to China, allowing them to import semiconductor manufacturing equipment without special permission for their facilities. Samsung has initiate...

After obtaining approval from Chinese regulatory authorities at the end of November, Broadcom, a leading IC design company, has officially completed the acquisition of VMware, a prominent player in cloud computing. This strategic move propels Broadcom into the competitive cloud market, with software...

Honda, the Japanese automotive giant, is set to lay off around 900 employees from its Chinese joint venture, GAC Honda. This move comes as the company adjusts to the shifting market focus towards electric vehicles (EVs). Notably, this marks the first instance of job cuts in the 25-year collaboration...

According to ChinaTimes’s report, following Taiwan's implementation of strict control on 22 core key technologies, several Taiwanese lawmakers are urging the country's Ministry of Economic Affairs to also consider "mild control" for the export of mature semiconductor process equipment and industry...