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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. However, the landscape of the semiconductor industry is complex and competitive, with several established players dominating the market.

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

Baua Electric

Taiwanese chipmaker TSMC projected on Thursday more than 20% growth in 2024 revenue on booming demand for high-end chips used in artificial intelligence (AI) applications even as the broader industry deals with weak smartphone and electric vehicle sales. “We are a key enabler for AI applications. billion (USD 7.6 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

“Some industries like this will take 15 years to get anywhere, not two or three or four or five years,” Patil said. The automotive and mobility-focused software player registered about 40% growth in fiscal 2023-24 even as top guns in India’s USD 250 billion software export industry recorded subdued growth facing a macroeconomic demand slump.

Auto 52
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TSMC R&D Chief: There’s Light at the End of the Chip Shortage

Cars That Think

Yuh-Jier Mii started on the ground floor of Taiwan Semiconductor Manufacturing Co. The world’s largest contract chip manufacturer credits Mii with helping it maintain technology leadership in the foundry segment of the global semiconductor industry. He says the industry missed signs that demand was growing.

Taiwan 112
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Europe will miss 2030 chip market goal, says ASML CEO – ET Auto

Baua Electric

Europe will miss its goal of raising its share of the global computer chip market to 20% by 2030 because it is not building manufacturing capacity fast enough, semiconductor equipment maker ASML CEO Peter Wennink said. “If you want to get to 20%, you just have to calculate how much you need to build here.”

Europe 52