Earlier today Korea announced a $19 billion semiconductor support package.Korean president Yoon Suk Yeol (pictured) said that the money was designed to support large-scale investments by Korean chip-
The government is to set up a Semiconductor Institute to grow the UK semiconductor sector.The Institute will be a single point of contact to promote the sector to investors and attract foreign invest
Global passenger EV (BEV+PHEV) sales grew 18% YoY in Q1 2024, according to Counterpoint’s EV Market Tracker. While BEV sales increased by 7% YoY during the quarter, PHEV sales grew 46% YoY.China remai
US president Joe Biden has imposed a 100% tariff on Chinese EVs imported into the US and a 50% tariff on semiconductors.Both tariffs are in response to an anticipated flood of cheap EVs and chips.“We
Micron will get $6.1 billion in US Chips Act grants to help build fabs in New York and Idaho. Senator Chuck Schumer of New York announced the award and said the money would go towards building two fabs in New York by 2030 and o
Earlier today TSMC announced Q1 revenue up 12.9% y-o-y at $18.87 billion and profit up 8.9% y-o-y at $6.96 billion. Compared to Q4, the Q1 revenue was down 5.3% and net income was down 5.5%. Gross margin for the
