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Toyota, Nissan, and Honda Join Forces on AI and Chip Development for Next-Gen Vehicles
Toyota, Nissan, and Honda have teamed up to develop cutting-edge AI and semiconductor technologies for next-generation vehicles, focusing on areas like semiconductor chips, APIs, virtual simulation, and cybersecurity. Supported by Japan's Ministry of Economy, Trade, and Industry, this collaboration aims to enhance Japan's competitiveness in the evolving automotive industry. The initiative includes forming the Advanced SoC Research for Automotive (ASRA) group, involving 12 companies, to create high-performance system-on-chip (SoC) technologies for mass production by 2030, marking a significant advancement in software-defined vehicles (SDVs) and autonomous driving capabilities
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6.26.2024
Wristwatches Market Shipments to Grow 5% in 2024
According to Canalys: global wearable wristbands market shipments are expected to grow 5% in 2024 to 194 million units. Despite a slight decline of 0.2% in the first quarter of 2024, the market is expected to rebound sharply later in the year, driven by a recovery in smartwatches with 4% growth and the basic watch segment continuing to grow by 10%. However, basic wristbands will continue to shrink by 6% in 2024.
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6.25.2024
Foxconn Invests $383 Million in New PCB Manufacturing Plant in Kinh Bắc Industrial Park
Foxconn has invested $383 million to build a new PCB manufacturing plant in the Nam Son - Hap Linh Industrial Park, Bac Ninh Province, Vietnam. The project will produce 2,793,000 printed circuit boards annually, covering an area of 142,693.3 square meters. Since beginning its investments in Vietnam in 2007, Foxconn has now invested a total of $3.2 billion in the country, employing over 60,000 workers across multiple industrial parks.
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6.24.2024
Power and RF GaN Markets Set to Soar $1.9 Billion by 2029
The global markets for power and RF Gallium Nitride devices are set to experience significant growth, with power GaN projected to reach over $2.5 billion and RF GaN expected to hit $1.9 billion by 2029. This surge is driven by increasing applications in consumer electronics, automotive, telecom infrastructure, and defense sectors. Key growth drivers include the adoption of GaN technology in fast chargers, electric vehicles, and 5G base stations, alongside innovations and strategic investments by leading companies such as Infineon Technologies and Qorvo
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6.21.2024
Semiconductor Manufacturing Sector: A Billion-Dollar Opportunity for Vietnam
Vietnam is positioning itself as a significant player in the global semiconductor industry, attracting major investments from companies like Intel, Hana Micron Vina, Amkor Technology, Synopsys, and Marvell. The U.S. and Vietnam have enhanced their strategic partnership, emphasizing workforce development and technology transfer to boost Vietnam's semiconductor capabilities. By 2024, Vietnam's semiconductor industry is projected to exceed $6.17 billion, aiming to produce branded chips and integrate deeper into the global market.
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6.21.2024
Apollo Global Management Invests $11 Billion in Intel's Irish Manufacturing Facility
Apollo Global Management is investing $11 billion in Intel's Fab 34 in Leixlip, Ireland, acquiring a 49% equity stake in the joint venture. This strategic move allows Intel to leverage external funding to expand its manufacturing capabilities while maintaining operational control and a 51% stake. The investment supports Intel's "Smart Capital" strategy, aimed at enhancing supply chain resilience without overburdening its balance sheet. The deal is expected to close in the second quarter of 2024, further solidifying Intel's position in the global semiconductor market.
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6.20.2024
India Unveils Ambitious ‘Electronic’ Plan to Generate 50 Lakh Jobs in Next 5 Years
The Indian government has launched an ambitious 'Electronic' plan to generate 50 lakh jobs in the next five years by establishing India as a global hub for electronics manufacturing. The plan includes incentives for companies, development of advanced infrastructure, innovation and research initiatives, extensive skill development programs, and support for start-ups and SMEs. Emphasizing sustainability, the plan aims to boost employment, contribute to GDP growth, and position India as a leader in cutting-edge technologies.
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6.20.2024
Vanguard and NXP Announce $7.8 Billion Semiconductor Wafer Plant in Singapore
Vanguard International Semiconductor Corporation (VIS) and NXP Semiconductors have announced a joint venture to establish VisionPower Semiconductor Manufacturing Company in Singapore. This $7.8 billion investment will build a 12-inch wafer fabrication plant to produce mixed-signal, power management, and analog products using technologies licensed by TSMC. The facility, expected to be operational by 2027, will enhance global supply chain resilience and reduce dependency on China and Taiwan aligning with the industry's trend toward geographic diversification.
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6.19.2024
LG Display wins another iPhone 16 Pro Max OLED panel order
LG Display has secured a groundbreaking order for OLED panels for Apple's iPhone 16 Pro and Pro Max models, marking its early approval over Samsung Display. This strategic move by Apple signifies an important shift in its supply chain diversification to enhance stability and reliability. The decision highlights LG Display's advancements in OLED technology, such as dual light-emitting layers for improved power efficiency and screen longevity. This development positions LG Display as a key player alongside Samsung, potentially reshaping the future landscape of Apple's display supplier
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6.19.2024
Micro LED Chip Market Projected to Reach $580 Million by 2028
The micro LED chip market is expected to surge to $580 million by 2028, driven by the growing demand for head-mounted devices and automotive applications. This growth, representing an 84% compound annual growth rate from 2023, is propelled by technological advancements and increasing investments in large display applications and wearable products. However, cost reduction and overcoming technical challenges remain critical, with continuous optimization of production processes being essential for the industry's development.
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6.14.2024
Semiconductor Manufacturing: A Billion-Dollar Opportunity for Vietnam
Vietnam is becoming a significant hub for semiconductor manufacturing, attracting major investments from global corporations like Intel, Samsung, and Amkor Technology. The recent upgrade in Vietnam-U.S. relations highlights Vietnam's potential in the semiconductor industry, with plans for substantial investment and development in human resources. Domestic companies are also beginning to engage in chip production, aiming to create Vietnamese-branded chips and elevate Vietnam's position in the global semiconductor market.
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