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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 Unveils National Nuclear Technology Policy 2030 to Foster Socio-Economic Growth

Malaysia's Science, Technology, and Innovation Minister, Chang Lih Kang, introduced the National Nuclear Technology Policy 2030 (DTNN 2030) to optimize nuclear tech for socio-economic growth. Highlighting strategic areas, strategies, and sustainability, the policy targets a 40% increase in nuclear tech use in key sectors like healthcare, agriculture, manufacturing, environment, industry, and safety, aligning with Malaysia's development goals.

China Wearable Market Bounces Back with 17.3% Growth in Q2 2023

Canalys forecasts the wearables market is poised for sustained growth at a CAGR of 4.1% through to 2027, underpinned by shifting consumer needs. Considering current economic challenges, wearables maintain significant long-term prospects, as consumers value their consistent quality and long-term data benefits.

ADAS and Electric Vehicles Boost Demand for Passive Components

Passive component makers are looking to the automotive industry to drive second-half revenue growth. The automotive industry is expected to be a major driver of growth for the passive component market in the coming years, due to the increasing adoption of ADAS systems and the growing popularity of electric vehicles. Passive component makers are also looking to other high-margin applications to drive growth, such as industrial and medical applications.

Growing Demand for Smartphones Fuel Vietnam's Semiconductors Market

The semiconductors market in Vietnam is projected to grow at a CAGR of 6.12% between 2022 and 2027, driven by the increasing demand for smartphones, smart homes, and IoT devices. Vietnam has one of the fastest rates of smartphone adoption in Southeast Asia, with over 61 million users. The Vietnamese smart home market is also in its early stages of development and is expected to grow significantly over the forecast period.

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.

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