Wiwynn commits investments in LiquidStack
Server ODM Wiwynn has committed a US$10 million investment in LiquidStack through the liquid cooling solution provider's Series A fund-raising program, securing one seat on its board, according to a company announcement......»»
Costly sub-3nm investments challenging TSMC, others
The high cost of manufacturing processes smaller than 3nm and related investments is posing a challenge to TSMC and its Korean and US peers, who are attempting to maintain adequate long-term margins and profits, according to industry sources......»»
India roundup: Taiwan-based Wistron reportedly to withdraw from India
As Apple suppliers expand investments in India, Wistron is reportedly winding down its operations there. Micron is also reportedly applying for India's semiconductor fab incentive scheme......»»
Peru sees lithium mining opportunity in Chile"s statist plan
Peru is taking a more active role in trying to lure lithium mining investments in light of Chile's decision to take state control of all new projects of the battery metal, an official said......»»
Micron reportedly to set up ATMP facility in India
As India is eager to attract investments from global manufacturers, Micron is reportedly looking to apply for India's semiconductor incentive scheme to set up an ATMP plant......»»
Hyundai Motor, SK On plan $5 billion EV battery plant in US
Hyundai Motor Group and SK On Co. will spend as much as $5 billion in North America for the production of electric car batteries as President Biden's green bill encourages companies along the EV supply chain to make investments there. Shares rose as.....»»
Deep tech in India: navigating funding hurdles and harnessing innovation
India's deep tech industry has experienced significant growth in recent years, as an increasing number of entrepreneurs are eager to embark on new ventures. However, despite the availability of initial funding, securing investments for subsequent fun.....»»
What are the challenges Apple faces in its shift to India?
Apple has embarked on massive investments in India, the world's most populous country with high economic growth potential. However, the protectionist mindset rooted in the South Asian country may pose a risk for Apple in the long term......»»
India roundup: Apple embarks on strategic diversification into India
Apple CEO inaugurated retail stores in India, eyeing India's huge and rapidly-increasing market. Foxconn acquired land in Telangana to expand its Indian investments......»»
Bitkraft Ventures expands to Asia for game investing
Bitkraft Ventures, a venture capital fund focused on games, is expanding to Asia for its gaming investments. Bitkraft Ventures, a venture capital fund focused on games, is expanding to Asia for its gaming investments.Read More.....»»
Apple commits to investing across India as Tim Cook opens second store
Apple CEO Tim Cook met with Indian Prime Minister Narendra Modi on Wednesday, pledging to invest further in the fast-growing economy as his company ramps up retail and manufacturing activities......»»
Apple commits to Make in India, reportedly to double employment there
Apple CEO Tim Cook made his first visit to India in seven years and met with Indian prime minister Narendra Modi as the world's largest company is looking to make India an iPhone production base......»»
Ford commits to continued CarPlay support as GM, Tesla, and Rivian face backlash for holding out
As companies like GM and Rivian face backlash for failing to adopt Apple’s CarPlay platform, Ford is doing the exact opposite. In a statement to 9to5Mac, Ford explained its reasoning for supporting CarPlay…and it has us pondering the future of F.....»»
Apple leads India"s mobile phone exports, first time in history
Thanks to India's policy support and Apple contract manufacturers' massive investments amid an electronics manufacturing ecosystem diversification, India doubled its mobile phone exports for the past fiscal year to US$11 billion......»»
Apple commits to 100% recycled cobalt in batteries by 2025
By 2025, Apple says all batteries it designs will use entirely recycled cobalt, plus all magnets in its devices will use only recycled rare earth elements — and all circuit boards will have 100% recycled tin soldering and gold plating.Apple's new c.....»»
Technology investments feel the impact of weakening economy
For the fifth consecutive month, IDC has lowered its 2023 forecast for worldwide IT spending as technology investments continue to show the impact of a weakening economy. 2023 forecast for worldwide IT spending In its monthly forecast for worldwide I.....»»
Intel tries to find a middle ground between G2
As semiconductor trade and investments are increasingly restricted between the US and China, Pat Gelsinger's first-ever visit to China as Intel's CEO underscores the chip giant's desire to strike a balance between the two powers......»»
GM to lead $50M funding round in EnergyX for lithium extraction technology
EnergyX is the latest in a series of investments and supply agreements between GM and companies that specialize in battery raw materials, processing, cell production and recycling as the automaker transitions to a fully electric vehicle lineup......»»
Hyundai commits $18 billion in Korea by 2030 in shift to EVs
Hyundai Motor Group plans to boost its annual output of electric vehicles in Korea to 1.51 million units by end of this decade, or about 40% of estimated global EV production of 3.64 million......»»
Tata reportedly to take over Wistron"s India plant by the end of April
As Taiwan-based iPhone assemblers are ramping up their investments in India, Wistron, one of the iPhone contract manufacturers, is reported to complete the sale of its iPhone manufacturing facility in India to Tata by the end of April......»»
Korea extends US$5.3 billion aid to help cell maker US investments
South Korea will provide 7 trillion won ($5.3 billion) of financial support over the coming five years for local battery makers that are seeking to build plants in North America, a response to President Joe Biden's historic climate bill that encourag.....»»