A potential bankruptcy filing by US-based silicon carbide (SiC) wafer maker Wolfspeed is stirring concern across the global semiconductor supply chain and could derail key plans by India's CG Power and Industrial Solutions, industry experts told The Economic Times.
Samsung Electronics has partnered with Infineon Technologies AG and NXP Semiconductors NV to co-develop next-generation automotive chips using its advanced 5-nanometer process, according to ICsmart via Sammobile. The collaboration expands Samsung's presence in automotive semiconductors, enhancing both its foundry business and its capabilities in automotive-grade memory and logic components.
US President Donald Trump and Chinese President Xi Jinping spoke by phone on Thursday, June 5, 2025, agreeing to hold further trade talks aimed at resolving disputes over tariffs and supplies of rare earth minerals.
As Lee Jae-myung takes office as South Korea's 21st President, the global tech and industry community is closely monitoring his ambitious economic agenda. Among the key sectors under scrutiny are semiconductors, batteries, shipbuilding, and defense industries that Lee pledged to nurture aggressively during his campaign.
Chinese officials summoned the heads of major electric vehicle makers, including BYD Co., to Beijing in early June to address concerns about the long-running price war, according to people familiar with the matter (hereinafter referred to as "the people").
China's automotive sector has descended into a brutal price war as the industry enters its traditional slow season, with more than 70 models from manufacturers including BYD, Geely, and Chery offering steep discounts in the week of May 23-30 alone.
European Union Commissioner for Trade and Economic Security Maros Sefcovic raised concerns with Chinese Commerce Minister Wang Wentao on June 3 over China's export curbs on rare earths and permanent magnets—materials critical to EU industry. The meeting highlighted mounting anxiety across Europe's automotive and manufacturing sectors.
Suzuki Motor has suspended production of its best-selling Swift series, excluding the Sport variant, at its Japanese plant starting May 26, 2025, as China's tightening of rare earth metal exports reverberates across the global automotive sector.
China's electric vehicle market has been thrown into fresh turmoil following a new round of steep price cuts from BYD, reigniting a heated price war and triggering public disputes among automaker executives. As EV makers scramble to clear excess inventory, Beijing has issued warnings over the mounting risks.
Japan, once a trailblazer in silicon carbide (SiC) research and pilot production, is facing a critical turning point. While renowned for its precision and long-standing technological craftsmanship, Japan's traditional development pace has been disrupted by the rapid expansion of SiC supply chains globally, particularly in China.
Chinese electronics giant Xiaomi is projecting a turnaround in its electric vehicle (EV) division, with profitability expected as early as the second half of 2025, CEO Lei Jun told investors this week.
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