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2023-10-31

[News] UAW and General Motors Reach Agreement, Marking the End of a Historic Strike

After a grueling six-week standoff, the United Auto Workers (UAW) has reached a groundbreaking labor agreement with General Motors (GM). This news comes after resolving disputes with Ford and Stellantis, the parent company of Chrysler, signaling a turning point in the largest auto industry strike in...

2023-10-31

[News] VIS Acquires AUO’s Singapore Plant for Advanced 12-inch Fab on Auto Chip  

According to Economic Daily News, industry insiders said that Vanguard International Semiconductor (VIS) is in talks to acquire land and facilities from AUO's Singapore plant for its first 12-inch fab. The estimated investment for this project is a substantial US$2 billion. VIS is making a strategic...

2023-10-31

[News] EV Market Faces Challenges, Including Price, Affordability, and Realistic Consumer Expectations

Once considered a driving force behind economic growth, the electric vehicle (EV) market is facing a reality check as consumers are becoming more practical about their needs due to rising inflation and high-interest rates. Automakers acknowledge that in times of inflation, electric vehicles won't be...

2023-10-31

PV Industry Supply Chain Price Update

According to EnergyTrend, the New Energy Research Center under TrendForce, as of October 23, 2023, the prices for various photovoltaic materials and components have experienced changes: For Polysilicon: Mono Recycled Polysilicon in RMB (Renminbi) dropped to RMB 72/KG, a decrease of 10%. ...

2023-10-31

[In-Depth Analyses] China Advances to 8-Inch SiC Substrates in 2023

Escalating demand in sectors like electric vehicles, 5G communications, photovoltaics, and memory storage is currently fueling the rapid growth of the silicon carbide (SiC) industry. Key players in China are intensifying their research and development efforts to overcome technological challenges and...

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