Business News

Chinese EVs are affordable for customers in Southeast Asian nations and Chinese EV makers have few competitors there. Asean countries are now target markets for Chinese EV companies whose cars range from RMB 100,000 — 200,000.

Indian government has gone all guns blazing to create a semiconductor ecosystem in India, but how much does it really take to make semiconductor chips?

Chinese electric-vehicle maker BYD has taken an overwhelming lead in patent filings for EV technology, the arsenal of innovation fueling the company’s emergence as a global player.

South Korea’s economic growth is expected to hover below 2 percent in 2023, a state-run think tank said, due to the country’s weakening exports amid worries over a global recession.

TSMC, the world’s largest contract chipmaker and a major supplier to Apple Inc, said on Wednesday it was constructing a building that could serve as its second chip factory in Arizona in the United States.

The German government will likely block the Chinese takeover of Elmos’ chip factory, the Dortmund-based company said on Monday, 7 November 2022.