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Due to the fierce price competition in China’s automobile market, according to a report from Commercial Times, on the 27th, leading new energy vehicle (NEV) manufacturers BYD and SAIC Maxus have reportedly requested their suppliers to reduce prices by 10%. As many other companies may follow BYD's ...
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Intel has finally secured the USD 7.86 billion in direct funding under the U.S. CHIPS Act a couple of days ago. However, there is a premise: the company would not be allowed to sell its stake in the chipmaking unit at will, according to the latest report from Reuters. The report notes that the de...
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According to a report from UDN News, citing Politico, Vivek Ramaswamy, co-leader of the Department of Government Efficiency (DOGE) designated by Trump, has called the subsidies under the U.S. CHIPS Act "wasteful." While companies like TSMC, GlobalFoundries, and Intel have been granted funding fro...
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Samsung has significantly reduced the amount of photoresist (PR) used during the photolithography process in its 3D NAND flash production, according to a report by The Elec. Citing industry sources, The Elec revealed that the Samsung has halved the volume of PR used in the production of its advan...
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As Trump threatens to impose new tariffs on countries like Mexico, Canada and China, the storm is gradually impacting upstream players in the semiconductor industry. According to Commercial Times, Taiwan’s electronic manufacturing services (EMS) industry begins to feel headwinds, as ASIC companies...