Demand for nickel and other battery metals has fallen victim to a slower-than-expected adoption of electric vehicles.
Commodities

Australia adds nickel to critical minerals list amid price slump

The decision opens the door to more government support for the struggling sector

16 February 2024
The higher spot rates containerships have been charging to carry goods between Asia and Europe are beginning to look like a blip.
Supply Chain

Shipping rates show signs of easing despite Red Sea disruption

Modest demand and an oversupply of vessels push down prices

15 February 2024
BYD surpassed Tesla in global electric vehicle sales in the fourth quarter last year.
Automobiles

Tesla rival BYD weighs EV plant in Mexico

Chinese automaker's regional chief reveals plans with eye on U.S. market

14 February 2024
Some factory workers have been tapping their public retirement funds in Vietnam, an increasingly important link in global electronics and garments supply chains. (Photo by Lien Hoang)
Economy

Vietnam's workers cash out pensions early ahead of new law

Hanoi considers social media influencers and legal perks to keep savers in state fund

13 February 2024
Passive System Alliance, Taiwan's second-largest passive component supplier, aims to start shipping printed circuit boards from its new plant in Malaysia. (Photo by Lauly Li)
Supply Chain

Taiwan's PSA aims to tap server demand boom via Southeast Asia

Supplier's new Malaysian plant to begin shipping in mid-2024

13 February 2024
The amorphous alloy used by Proterial is stronger and thinner than typical electrical steel sheet, making it challenging to work with. (Proterial)
Materials

EV motor alloy from Japan's Proterial trims power use by 5%

New core material could contribute to smaller, faster motors

13 February 2024
Electronic components and semiconductors are a leading indicator of consumer demand. (Photo by Masayuki Kozono) 
Supply Chain

China slump drags on for Japan's chip and component suppliers

Inventories are shrinking, but consumer demand lags

13 February 2024
Colleges in Vietnam are unveiling semiconductor classes in partnership with employers like Samsung.
Semiconductors

Vietnam dangles chip incentives to draw foreign companies

Country that lost out to Malaysia on big factories has burgeoning chip sector

12 February 2024
The Development Bank of Japan will help strengthen supply chains in industries the government sees as critical to economic security. (Photo by Kai Fujii)
Finance

Japan chip, battery supply chains to tap $1bn in state bank investment

Development Bank of Japan seeks to prime the pump for private-sector money

12 February 2024
Rapidus Chairman Tetsuro Higashi discusses the chipmaker's ambitions at a press conference in Tokyo on Feb. 9. (Photo by Ryohtaroh Satoh)
Technology

Japan's Rapidus and universities aim for 'beyond 2nm' chip tech

Tokyo backs project with 45bn yen budget as global race intensifies

9 February 2024
LCY Group Chairman Bowei Lee said increasing doctoral students is crucial for Taiwan’s long-term tech competitiveness. (Photo by Cheng Ting-Fang)
Supply Chain

More Ph.D. students 'vital' for Taiwan chip industry, says TSMC supplier

LCY chairman joins chorus warning about long-term effects of doctoral drop-off

8 February 2024
TSMC is focused on making its most advanced chips at home in Taiwan while shifting more output of other products overseas.
Semiconductors

TSMC speeds diversification push with new Japan chip plant

Taiwan chipmaker expands overseas output to focus on the cutting edge at home

8 February 2024
Taiwan's Acer and Asustek are two of the world's biggest makers of personal computers. (Source photos by AP and EPA/Jiji)
Supply Chain

Taiwan's Acer and Asustek double down on 'Make in India'

Move comes as New Delhi weighs tighter import restrictions

7 February 2024
Taiwan Semiconductor Manufacturing Co. controls over half the global foundry market and is a key player in cutting-edge chips as well. (TSMC)
Semiconductors

TSMC's second Japan plant advances Tokyo ambitions on chip supply

Big subsidies, lower costs provide edge in race to reshape global supply chains

7 February 2024
Toyota will invest in Japan Advanced Semiconductor Manufacturing, a TSMC subsidiary that will operate its Kumamoto plant. (Photo by Arisa Moriyama)
Business deals

Toyota to invest in TSMC arm for 2nd Kumamoto chip plant in Japan

Automaker joins Denso and Sony in providing funds to boost key semiconductor industry

6 February 2024
Compal President Martin Wong, far right, says the company is "evaluating locations" for a plant in Europe. (Photo by Lauly Li)
Supply Chain

Taiwan's Compal to build factory in Europe for supply chain diversification

Notebook maker also expanding into 5G, medical, server and automotive tech

6 February 2024
"We are expecting a total of more than 20 machine orders from South Korean chip makers this fiscal year [ending this March]," Hirokazu Okada, president and CEO of Towa, told Nikkei Asia. (Source photos by Towa)
Technology

Japan's Towa eyes biggest chipmaking machine order from South Korea

AI boom drives soaring demand for advanced HBM chips

5 February 2024
For the October to December quarter, Japan logged the largest revenue increase among all regions with a 15% year-over-year jump to $7.8 billion.
Technology

Apple sales return to growth but China woes continue

CEO remains 'very optimistic' about China over long run despite 12.9% decline

2 February 2024
Gamers across Asia are struggling to find the RTX 4090 in stores as the Nvidia-made graphic card becomes a hot commodity in Hong Kong and China (Source photos by Lauly Li and Reuters) 
Business Spotlight

Nvidia chip prices soar in Asia on U.S. curbs and AI boom

Gamers feel the pinch as graphics cards become targets of latest export controls

2 February 2024
A nickel mine in Indonesia. The supply chain for materials needed to make electric vehicles stretches around the world.
Interview

Let's get real about EVs' environmental impact, rare metal expert says

Decades needed to find cost-effective clean energy tech: Tokyo University's Toru Okabe

2 February 2024
Electric vehicles are a fast-growing segment of China's auto market, the world's largest.
Commodities

China EV boom, poor Thailand harvest inflate natural rubber prices

Futures rise highest in nearly 3 years on supply concerns for tire material

2 February 2024
A Tesla electric vehicle on a street in Beijing. Human Rights Watch has warned that several global automakers may be exposed to forced labor in Xinjiang through the aluminum they use. Tesla, for one, says it has found no evidence of that.
Supply Chain

Tesla, Toyota, others at risk of using Xinjiang forced labor, report says

Human Rights Watch raises red flag on region's aluminum supply chain

1 February 2024
Chinese chipmaker CXMT is gearing up to produce high-bandwidth memory used in AI applications. (Source image from CXMT website)
Semiconductors

China's CXMT aims to build country's first advanced memory chips for AI

Move intended to cut dependence on foreign suppliers SK Hynix, Samsung and Micron

1 February 2024
MediaTek designs chips for smartphone manufacturers such as China's Xiaomi and Oppo. (Photo by Norio Matsumoto)
Semiconductors

Taiwan chip designer MediaTek's profit jumps on mobile demand

CEO says generative AI is creating a bigger market for high-end phones

1 February 2024
Samsung Electronics is signaling a return to profitability in its semiconductor business.
Semiconductors

Samsung expects memory business to turn profitable in Q1

Tech giant pins hopes on AI handsets to reclaim smartphone momentum

31 January 2024