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TSMC’s Dominance in Foundry Market Continues

TSMC’s Dominance in Foundry Market Continues

by Teuvo Tuomi | Jan 14, 2025 | AI, News, Taiwan, Technology

Taiwan Semiconductor Manufacturing Co. (TSMC) has retained its lead in the global pure-play foundry market, capturing a 64% share in Q3 2024. This is an increase from the 62% in the previous quarter, according to Counterpoint Research. Growth was driven by growing...
China’s Lithium Reserves Triple

China’s Lithium Reserves Triple

by Teuvo Tuomi | Jan 9, 2025 | China, Energy, News, Reports, Sustainability

China’s lithium reserves have nearly tripled to make it the world’s second-largest holder of the key metal for renewable energy technology, Xinhua reports. The country now has 16.5% of global reserves, behind only Chile. It has moved ahead of Australia, Argentina and...
“Cheap” Startup DeepSeek Challenges AI Giants

“Cheap” Startup DeepSeek Challenges AI Giants

by Teuvo Tuomi | Jan 5, 2025 | AI, China, Innovation, News, Technology

Chinese start-up DeepSeek has emerged as “the biggest dark horse” in the open-source large language model (LLM) arena in 2025 with its latest release DeepSeek V3. That assessment came from Jim Fan, a senior research scientist at Nvidia and lead of its AI Agents...
Nio’s New Car Challenges Mini and Smart

Nio’s New Car Challenges Mini and Smart

by Teuvo Tuomi | Dec 22, 2024 | AI, China, Environment, News, Technology

Under its Firefly brand, Chinese electric vehicle (EV) maker Nio has launched a new small car, which will compete with BMW’s Mini and Mercedes-Benz’s Smart. William Li, the co-founder and CEO of the Shanghai-based carmaker, says that the small and cheap model...
Thailand’s EV Makers Facing Sales Slump

Thailand’s EV Makers Facing Sales Slump

by Teuvo Tuomi | Dec 7, 2024 | Business, Economy, Energy, News, Technology, Thailand

Thailand’s electric vehicle (EV) makers consider leaving the government’s incentive scheme due to a market slowdown, the Electric Vehicle Association of Thailand (EVAT) reports. Launched in 2022, the EV3.0 scheme offers benefits like reduced taxes and...
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