The IMF has stated that imposing new punitive tariffs on China for semiconductors by the United States could cause significant damage to the global economy, potentially leading to a reduction of about 7% in global economic output

Events|Events|

2024-05-21 11:47:08 872

International News:

1. Canalys has released the data for global smartphone SoC chip vendors in the first quarter of 2024. MediaTek maintained its lead in shipments, capturing a market share of 39%.

2. A chip factory of TSMC, located in Arizona, USA, experienced an explosion on the afternoon of May 15th local time, resulting in one worker being injured and later pronounced dead after being sent to the hospital.

3. InterDigital has announced that it has obtained an injunction against Lenovo from the Munich Regional Court in Germany for infringement of its 4G and 5G device patents.

4. Siemens will sell its Innotics motor drive business to the private equity group KPS for 3.5 billion euros (approximately 3.812 billion US dollars), with the transaction expected to be completed in the first half of 2025.

5. The IMF has stated that imposing new punitive tariffs on China for semiconductors by the United States could cause significant damage to the global economy, potentially leading to a reduction of about 7% in global economic output.

China News:

1. The Hong Kong Legislative Council has approved a funding of 2.84 billion Hong Kong dollars (approximately 364 million US dollars) to support the establishment of a microelectronics research center focused on semiconductor technology development.

2. TSMC reaffirmed at the 2024 European Technology Forum recently that its semiconductor wafer fab project in Germany is scheduled to commence construction in the fourth quarter of this year, with production expected to begin in 2027.

3. At the 2024 World Telecommunication and Information Society Day Conference held in Ningbo, Zhejiang Province, China Telecom, China Mobile, China Unicom, and China Broadcasting Network jointly announced the launch of commercial promotion for 5G inter-network roaming.

4. The DJY Electronic Network Summit was successfully held at the Bao Li Cube in Shenzhen, where Slkor (www.slkoric.com) and Kinghelm Song Shiqiang delivered the keynote speech "How AI Empowers New Quality Productivity," with the participation of Qiu Huilin, Director of the Ministry of Commerce, and others.

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Next:: In the first quarter of this year, global sales of electric vehicles reached 3,216,366 units, up over 25% year-on-year, increasing its market share to 16%.

The IMF has stated that imposing new punitive tariffs on China for semiconductors by the United States could cause significant damage to the global economy, potentially leading to a reduction of about 7% in global economic output

Advisory Service