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CATL to build €7B battery plant in Hungary, its second in Europe

Teslarati

Limited, or CATL, has announced a massive investment to build a new cell manufacturing plant in Europe. billion to build a 100 GWh battery plant in Hungary. ” The size of CATL’s new Hungarian production facility will add 100 GWh to the company’s already world-class manufacturing capacity.

Hungary 98
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Could SMIC become a global player in semiconductor industry

Baua Electric

Semiconductor Manufacturing International Corporation (SMIC) has been making significant strides in the semiconductor industry and has aspirations to become a global player. Market Acceptance: The acceptance of SMIC’s products and services on a global scale is vital.

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TSMC considering advanced chip packaging capacity in Japan, sources say – ET Auto

Baua Electric

Taiwan’s TSMC is looking at building advanced packaging capacity in Japan, according to two sources familiar with the matter, a move that would add momentum to Japan’s efforts to reboot its semiconductor industry. Currently, all of TSMC’s CoWoS capacity is in Taiwan. TSMC Chief Executive C.C.

Japan 52
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Taiwanese smartphone giant Foxconn reveals electric ute, global sales planned

EV Central

Taiwan’s Yulon Motors Co will start volume production of the Model C next year under the Luxgen n7 name. But Hon Hai says there are already plans in place for all three models to be built in Taiwan, Thailand and the USA. It is also working with partners to build assembly plants in Thailand, India and Indonesia.

Global 52
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Toyota plots new EV battery plant to fend off incoming BYD, low-cost Chinese EVs

Baua Electric

Toyota is planning to build a new EV battery plant on Japan’s “Silicon Island” to keep pace with BYD and other incoming Chinese electric car makers. Although Toyota has been one of (if not the) biggest laggards in the global shift to electric cars, the Japanese automaker realizes it needs to compete with Chinese EV makers like BYD.

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TSMC bullish on AI demand, forecasts 20% revenue growth this year – ET Auto

Baua Electric

Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker and a major Apple Inc and Nvidia supplier, said at an earnings conference that AI represented a major opportunity. “We are a key enabler for AI applications. TSMC’s Taipei-listed shares surged 32% last year. The stock rose 1.2%

Auto 52
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Focus on autonomous vehicles, EU expansion drive KPIT’s growth – ET Auto

Baua Electric

He added that there are also disruptions in areas like operating system architectures and improvement in consumer experiences – being a thought leader in such areas and building on them can bring opportunities and benefits too. We believe we can be three times our size by doing what we do,” he said.

Auto 52