ITBEAR

Volkswagen CFO Advocates Cost Reduction Over Tariffs to Compete With Chinese EVs

May 27, 2024 – According to a report by Bloomberg, Arno Antlitz, the Chief Financial Officer of Volkswagen, stated this week that imposing higher import tariffs on Chinese-made electric vehicles by the European Union would only provide a “temporary breather.” In the long run, he emphasized, cost reduction remains the essential condition for maintaining competitiveness….

Read More

TSMC’s 2nm Node Progresses Smoothly, Eyes 2025 Launch for N3X and N2 Processes

May 24, 2024 – According to a report by MoneyDJ, a Taiwanese financial news outlet, TSMC’s executives revealed during the 2024 Technology Forum held in Hsinchu that the company’s 2nm node, utilizing Nanosheet (GAA transistors), is progressing smoothly. TSMC’s Co-Deputy COO, Zhang Xiaoqiang, stated that the development of the 2nm process is “very smooth.” Currently,…

Read More