Image Source: Social Media Post by Song Shiqiang, General Manager of SLKOR and  Kinghelm

International News

1. In Q2 2024, the global wafer foundry industry experienced a quarter-over-quarter growth of approximately 9% and a year-over-year growth of about 23%. SMIC has maintained its position as the third-largest foundry globally for two consecutive quarters.

2. X user @SquashBionic reports that the Indian startup Ola is set to release chips for Krutrim and Ola electric vehicles.

3. The European Commission has formally approved the German government’s provision of €5 billion (approximately ¥39.6 billion) in subsidies to TSMC’s factory.

4. Following an investigation into Chinese automotive subsidies, the EU has amended its penalties for car manufacturers, proposing anti-subsidy duties of 17% to 36.3% on Chinese electric vehicles.

5. On August 21, Kinghelm (www.kinghelm.net) and SlkorMicro's Song Shiqiang published "Changsha Mito Meets Strong Resistance from SlkorMicro!" in the legal online "Cases" section, exemplifying a response to "fishing-style rights protection," which has sparked significant social attention and discussion.

6. Samsung will install its first High-NA EUV lithography machine from ASML between Q4 2024 and Q1 2025, with a projected operational start in mid-2025.

China News

1. Tesla’s Shanghai energy storage superfactory is accelerating its construction, with progress reaching around 45%.

2. On August 20, the groundbreaking ceremony for TSMC’s Dresden, Germany, wafer plant took place, expected to set a record for recent semiconductor investments in Europe.

3. On August 20, 14 key projects, including Shanghai Tianyue, Jinghe Optoelectronics, Xinwei Compound Semiconductor, and Shanghai Jicai Institute, were signed with a total investment of ¥28.8 billion.

4. On August 20, the China-Korea Semiconductor Fund project was officially signed with a total scale of ¥1 billion, jointly funded by Wuxi High-tech Zone, Industrial Group, and Junhai Xichan.

5. Beijing will establish a Bodily Intelligence Robotics Innovation Center, aiming to develop a global robotics industry hub.

6. Shanghai Wanye Enterprises and the National Third-Generation Semiconductor Technology Innovation Center (Suzhou) held a signing ceremony for the "Comprehensive Strategic Cooperation Agreement on Collaborative Innovation Development."

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