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Industry sources said potential price increases by Chinese chip foundries such as TSMC could give Samsung Electronics a competitive advantage in terms of price.   TSMC Chairman C. C. Wei cited rising costs as the reason for the company’s price increase at a June 4 shareholders’ meeting. Nvidia CEO Jensen Huang also agreed with this […]

According to foreign media reports, in May, the number of new passenger car registrations in Germany fell 4.3% year-on-year to 236,425, affected by the sharp decline in sales of electric vehicles (including pure electric vehicles and plug-in hybrid vehicles).   In May, German electric vehicle sales fell 23% year-on-year to 43,746, with a market share […]

Germany’s largest industry association, the Federation of German Industries (BDI), has made a new wage increase request to Volkswagen, demanding a 7% increase.   The decision was made during the ongoing labor negotiations, and the Federation of German Industries said the increase reflects the current high inflation rate and the contribution of corporate employees in […]

               A few days ago, at the routine press conference held by the Ministry of Commerce, He Yadong, deputy director and spokesman of the General Office of the Ministry of Commerce, pointed out that in response to media questions, the European Commission collected the types of information in the […]

                According to foreign media reports, Delta Electronics, a intelligent green solution provider based on the Internet of Things, announced a joint innovation laboratory with global semiconductor supplier Texas Instrument (TI). Combined with the innovative technologies and rich experience in the field of digital control and nitrogen (GAN), […]

Global automaker Stellantis announced that it will further cut its workforce to adapt to the ongoing transformation of the electric vehicle market. The company’s chief financial officer Natalie Knight revealed that the plan will focus mainly on the North American market and include measures to outsource some engineering work.   Stellantis’ decision is part of […]