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Toyota, Nissan, and Honda Join Forces on AI and Chip Development for Next-Gen Vehicles

Toyota, Nissan, and Honda have teamed up to develop cutting-edge AI and semiconductor technologies for next-generation vehicles, focusing on areas like semiconductor chips, APIs, virtual simulation, and cybersecurity. Supported by Japan's Ministry of Economy, Trade, and Industry, this collaboration aims to enhance Japan's competitiveness in the evolving automotive industry. The initiative includes forming the Advanced SoC Research for Automotive (ASRA) group, involving 12 companies, to create high-performance system-on-chip (SoC) technologies for mass production by 2030, marking a significant advancement in software-defined vehicles (SDVs) and autonomous driving capabilities

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Malaysia Joins List of Countries Restricting Exports of Rare Metals

EU-China Trade Tensions Rise Over EV Subsidies

The EU is investigating Chinese EV subsidies, concerned that they could distort the EU market and make it difficult for European automakers to compete. The investigation is expected to take up to 13 months, and the outcome is uncertain, but punitive tariffs are being considered. The EV probe will set the agenda for bilateral talks ahead of the annual China-EU Summit. The EU is expected to demand wider access to the Chinese market and a rebalancing of the trade relationship.

Vietnam Key Player in US Chip Diversification Move

The United States and Vietnam have inked a memorandum of cooperation aimed at bolstering the semiconductor ecosystem in Vietnam while supporting American industry interests. This strategic partnership between the two nations signifies Vietnam's increasing appeal as an investment destination for global semiconductor giants

Baidu Remains China Tutoring Tablet Market Leader in Q2 2023

AI-powered tutoring tablets are rapidly gaining popularity in China, driven by the increasing demand for personalized learning and the government's focus on technological innovation in the education sector. The market is expected to continue to grow in the coming years, with consumers increasingly prioritizing screen quality, performance, and content provision and Baidu remains as Tutoring Tablet Market Leader in Q2 2023.

Huawei Firmly Ranks Top 3 in the Global Ethernet Switch Market in Q2

The worldwide Ethernet switch market grew 38.4% year-over-year in the second quarter of 2023, driven by the easing of supply chain issues and strong demand from the data center segment. Huawei maintained its leading position in the market, with a revenue share of 9.0%.

TSMC's Equipment Delivery Delays and Packaging Shortages

TSMC is facing delays in equipment deliveries and shortages in advanced packaging materials. This is due to a combination of factors, including the current economic uncertainty and the high demand for TSMC's products. The delays and shortages are likely to have a knock-on effect on other chipmakers and the AI industry as a whole. Consumers and businesses should be prepared for higher prices and longer wait times for electronic products and components.

Malaysia's MAB Engineering Expands Subang Airport MRO Capacity

MAB Engineering expands Subang Airport MRO with a second hangar, aligning with Malaysia's aviation growth plans.

Cellular Connectivity Coming to Toronto Subways by October 3rd

The Canadian government has mandated that all mobile carriers in Toronto provide cellular connectivity to all subway riders by October 3rd in hopes of improving the daily commute experience for millions of passengers and addressing the longstanding issue of limited connectivity in the subway system. The government has also outlined potential penalties for carriers that fail to comply, such as monetary fines, suspension, or even revocation of their spectrum license.

Tesla's Dojo: Can It Solve Self-Driving Car Problem?

Tesla's Dojo supercomputer is a powerful new innovation that has the potential to revolutionize the self-driving car industry and unlock entirely new market opportunities. Morgan Stanley analysts believe that Dojo could propel Tesla's market value to nearly $600 billion.

India's EV Dilemma: Gasoline and Diesels Dominate the Automotive Market

India's Road Transport Minister has warned automakers to reduce the production of diesel vehicles with high emissions. The challenge lies in transitioning these commercial and utility vehicles toward more environmentally friendly alternatives without imposing financial burden on their operators. While electric vehicles are slowly gaining traction in India, they only constituted 2.4% of car sales in the first seven months of 2023.

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