Indonesia needs sales momentum to boost local content manufacturing
Indonesia's EV subsidies are taking effect today on March 20. As the program was announced earlier this month, the government is providing purchase subsidies to achieve sales goals of more than 200,000 units of electric scooters and 359,000 units of.....»»

China"s Changan suppliers push back against forced payment cuts
The suppliers said Changan, which also has partnerships with Ford Motor Co. and Mazda Motor, told them in March that a recent wave of price cuts by its rivals had hit sales of some of its models in the world's largest auto market......»»
Apple unveils new Mac Studio and brings Apple silicon to Mac Pro
Apple has introduced the new Mac Studio and Mac Pro with Mac Studio featuring the M2 Max and the new M2 Ultra, delivering a boost in performance and enhanced connectivity in its compact design......»»
GF and STMiroelectronics finalize agreement for new 300mm fab in France
GlobalFoundries and STMicroelectronics have announced the successful conclusion of their agreement to establish a jointly-operated, high-volume semiconductor manufacturing facility in Crolles, France. The agreement was initially announced on July 11,.....»»
IS-Wireless leverages Taiwan ICT strength to serve Europe"s 5G O-RAN needs
IS-Wireless, a Polish Open RAN technology provider, has established fruitful partnerships with Taiwanese manufacturing companies to drive its growth in the telecommunications industry. During his participation in the Innovex exhibition in Computex 20.....»»
Auto File: Shhh! Don’t say that "R" word!
A gaggle of May sales reports from different regions and companies affirm that the slump in demand for new vehicles that at least some industry executives feared has not happened – so far......»»
Social media posts can be used to track individuals" income and economic inequalities
Striking differences in the content shared by people who live in wealthier versus poorer neighborhoods has led researchers to believe that our general online posting activity, beyond Nextdoor, can reveal our socioeconomic status, making user profilin.....»»
Twitter US ad sales plunged 59%, and internal forecasts are grim, NYT reports
NYT: Twitter "has regularly fallen short of its US weekly sales projections." Enlarge (credit: Getty Images | Christopher Furlong ) Twitter's US advertising revenue plunged 59 percent year over year during a recent five-.....»»
Simultaneous multi-material embedded printing for 3D heterogeneous structures
Publishing in the journal International Journal of Extreme Manufacturing, the team led by researchers based at the State Key Laboratory of Fluid Power and Mechatronic Systems deposited different biomaterials simultaneously and precisely into the yiel.....»»
A Secret Key to Saving Species Is Blowing in the Wind
Scientists just figured out that thousands of air quality stations have been accidentally gathering invaluable DNA data on local organisms......»»
TSMC planning 3–6% price hike starting in 2024
TSMC is contemplating a 3 to 6 percent price increase for its advanced process manufacturing beginning in January 2024, according to sources at IC design houses. The price increases vary based on the production method, order quantity, and degree of c.....»»
Toyota"s next hydrogen-powered vehicle will be a Crown sedan
Toyota hopes the Crown will propel worldwide fuel cell sales to 8,000 vehicles in the fiscal year, from 3,440 the year before. Toyota has no plans at present to sell the hydrogen variant in the U.S......»»
Apple stock price hits record high in anticipation of WWDC headset launch
In the last hours before WWDC's opening keynote presentation, shares in Apple got a boost from early trading to hit an all-time record high.An Apple Store logoShares and market valuation of Apple dipped throughout 2022 and early 2023, from its high o.....»»
Apple shares hit record high in anticipation of WWDC headset launch
In the last hours before WWDC's opening keynote presentation, shares in Apple got a boost from early trading to hit an all-time record high.An Apple Store logoShares and market valuation of Apple dipped throughout 2022 and early 2023, from its high o.....»»
Toyota"s next hydrogen powered vehicle will be a Crown sedan
Toyota hopes the addition of the fuel cell Crown will propel worldwide fuel cell sales to 8,000 vehicles in the current fiscal year, from 3,000 the year before. It's unclear whether the vehicle will come to the U.S......»»
AT&S on track to start IC substrate manufacturing in Malaysia in 2H2024
IC substrate and PCB maker AT&S (Advanced Technologies & Solutions) has been expanding its IC substrate manufacturing footprint in Asia before COVID-19 outbreak. It has moved equipment into the latest plant in Malaysia, slated to start high-volume ma.....»»
Rising incentives, inventory propel May sales
May marked the industry's 10th consecutive monthly sales increase as an industrywide inventory recovery continued......»»
India roundup: Foxconn to make iPhones in Karnataka by April 2024
The government of Karnataka said that Foxconn will beginning making iPhones in the state in 2024. Xiaomi will expand local sourcing for its smartphones and wearable devices to regain its leadership in India......»»
China battery makers to enjoy boom in upcoming years thanks to energy-storage demand, says DIGITIMES Research
With net zero becoming a global trend, the energy-storage battery industry is expected to enjoy exponential growth in demand in the next several years with global energy-storage battery sales in 2022 already enjoying an on-year surge of 177%, accordi.....»»
Samsung reportedly failed to receive part of incentive payout from the Indian government
Thanks to India's PLI scheme to encourage handset manufacturing, India has become the second-largest mobile phone production country after China. Samsung, one of the major contributors to the scheme, may fail to receive part of the incentive payout f.....»»
Tata to build Gigafactory for lithium-ion cells in Gujarat
Tata Group signed an MoU with India's western state of Gujarat to build a gigafactory for lithium-ion cells as EV sales have been increasing in India in recent years......»»