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ELECTRONICS NEWS HIGHLIGHTS 10/25/2021
ELECTRONICS NEWS HIGHLIGHTS 10/25/2021
1. TSMC PLANS NEW PLANT IN JAPAN
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday announced plans to build a new plant in Japan next year to produce 22-nanometer and 28-nanometer chips in its latest effort to expand its global manufacturing footprint.
With revenue on target to reach US$15.4 billion, the Hsinchu-based chipmaker said it is looking to produce 3-nanometer chips later this year
Details: https://www.taipeitimes.com/News/front/archives/2021/10/15/2003766139
2. FOXCONN BULLISH ON ELECTRIC VEHICLE PROSPECTS AS IT SHOWS OFF THREE PROTOTYPES
Taiwan's Foxconn (2317.TW) unveiled its first three electric vehicle prototypes on Monday, underscoring ambitious plans to diversify away from its role of building consumer electronics for Apple Inc (AAPL.O) and other tech firms.
The vehicles - an SUV, a sedan and a bus - were made by Foxtron, a venture between Foxconn and Taiwanese car maker Yulon Motor Co Ltd (2201.TW).
3. LG ENERGY SOLUTION TO SET UP BATTERY JOINT VENTURE WITH STELLANTIS
LG Energy Solution will join hands with Stellantis, one of the top three U.S. automakers, to set up an electric vehicle battery plant in North America.
The selection of the factory site is in the final review process. Ground will be broken in the second quarter of next year, with production slated to start in the first quarter of 2024. The batteries produced at the factory will be supplied to Stellantis' U.S., Canada, and Mexico factories and go into next-generation electric vehicles.
Details: http://www.businesskorea.co.kr/news/articleView.html?idxno=78973
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