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...“TSMC will slice those contracts very thinly for the sake of saving cost,” says Charles Lee, co-chief executive at Topco, a Taiwanese company which manages certain chemicals and parts supplies for TSMC....
...China’s ninth-largest automotive group is set to launch a range of petrol, hybrid and electric cars in Britain under its mass-market Omoda brand in the spring with its premium line-up, badged as Jaecoo,...
...Hungary has seen investments from leading Chinese investors, especially automotive battery makers, who have brought their own workers to staff the factories....
...GlobalFoundries operates in the same market segment and produces chips that are used widely in the German automotive industry....
...Nissan and Honda began talks in January, and the scope of their co-operation includes software, core EV components and auto-intelligence technology....
...“I would say our secret weapon in all of this has been Arizona State University,” says Kate Gallego, Phoenix’s mayor....
...The chief executives of the two Japanese groups on Friday said the scope of their co-operation would include software, core EV components and auto intelligence technology....
...TSMC will make the latest cutting-edge 2-nanometre chips in a fabrication plant, or fab, it is building in Phoenix, Arizona, marking an upgrade from its previous plans....
...Nissan, which has a long-standing alliance with France’s Renault and a partnership with Honda that was announced last week, has wrestled with flagging sales in China as the automotive industry struggles...
...Carvana remains the most shorted stock in the automotive retail sector, with a third of its share float borrowed and sold. But bets against Garcia’s moves have proved painful....
...Its latest Phoenix model is 5ft 7in tall, weighs 70kg, and can walk at up to 5km/h. It is operated by humans but, Rose forecasts, will eventually mimic human memory, sight, sound and touch....
...At the same time it harbours stock market ambitions for a host of other businesses within its automotive portfolio, according to people familiar with its plans....
...31, revenues from high-performance computing applications — which include generative AI — increased by 17 per cent quarter on quarter, while smartphone chip revenues jumped by 27 per cent and sales from automotive...
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...Ltd., and BYD subsidiary FinDreams Battery are participating in this alliance, which counts six of the top 10 automotive battery makers globally....
...TSMC predicted demand from the automotive sector would rebound next year, with an acceleration in the shift to electric vehicles, which use more chips than those with traditional internal combustion engines...
...The Chinese carmaker is working to keep international investors on board as it pushes ahead with plans to float off various parts of its automotive empire....
...“Those global corporates already proved that even the biggest automotive [manufacturers] today have to purchase China’s solutions in order to save time as well as get a lot more competitive products,” Li...
...Prime Minister Rishi Sunak said the investment was “a massive vote of confidence in the UK’s automotive industry”. Nissan’s factory is the largest car plant in the UK....
...“Europe is a highly promising place for semiconductor innovation, particularly in the automotive and industrial fields.”...
...The Alliance for Automotive Innovation said that in the first quarter, 39 EVs were registered for every new public port....
...Global impact The introduction of solid-state batteries could have a profound impact on the future of the global automotive industry....
...However, this year the company expects all other product segments — such as chips for smartphones, automotive and industrial applications — to shrink....
...The CHIPS Act is going to change Phoenix forever. We have seen unemployment rates change....
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