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2024-05-17

[News] China Reportedly Demands Automakers Increase Local Chip Procurement to 25%

To strengthen its semiconductor supply chain, the Chinese government is reportedly requiring domestic automakers, including BYD, to expand their procurement of locally-produced chips. The goal is to increase the proportion of domestically-sourced automotive chips to 25% by 2025. According to a re...

2024-05-17

[News] South Korea Reportedly Plans to open AI Chip Center in San Jose

According to a report from the Korean media outlet TheElec, South Korea is planning to establish an AI semiconductor innovation center in Silicon Valley. The Korean Semiconductor Industry Association (KSIA) announced on Wednesday that it would accept applications until May 30th for those interest...

2024-05-15

[News] As U.S. Export Restrictions Tighten, Qualcomm Reportedly Affirms Huawei May no Longer Need its Chips

According to reports from Chinese media My Drivers and Gizchina, Qualcomm is said to have confirmed that Huawei will no longer require their processors. Amidst escalating tensions between the United States and China due to trade and technology restrictions, Qualcomm's CFO reportedly confirmed th...

2024-05-13

[News] South Korea Reportedly Pushes for KRW 10 Trillion Investment Plan to Strengthen Semiconductor Industry Position

The South Korean government is said to be planning to introduce a comprehensive chip investment and research support plan, surpassing KRW 10 trillion (roughly USD 7.3 billion) in scale, to enhance its position in the critical semiconductor industry, as per a report from Economic Daily News. Accor...

2024-05-10

[News] US Reportedly to Ban Import of Chinese Connected Vehicles

As per a report from Reuters, US Commerce Secretary Raimondo stated on May 8th that the need for the government to take the threat posed by China-produced connected cars more seriously, suggesting potential "extreme action" to restrict or prohibit the import of such vehicles to prevent the leakage o...

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