2024 JULY ISSUE
MARKET REPORT
SHORT READ
| PART 2
Contents:
TSMC’s investment in Japan for its Chip Fab
AI is Energy Hunger
United Steel is Changing Hand
China Exports for First Quarter of the Year
CATL Car Battery Linchpin
China Blocks US Microprocessors in State Systems
China’s Mantra of “New, Quality Productive Forces”
US is Targeting to Block the Trade Loophole
Xiaomi Ventured into EVs
The Super Absurdity of Super-Fast-Fashion Players
Ultra-Fast-Fashion is Pushing Airfreight Charges
Hybrid Auto Sales Surge
Written by Andrew Sia
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From the Desk of the Publisher
With this writeup we came across artificial intelligence, chips, car batteries, microprocessors, electric vehicles, and hybrid vehicles, and all these are related to the hi-tech industry.
We found that TSMC is located in the seismic faults and also in the center of the conflict with China. Likewise, its partners from Japan, Sony, Denso and Toyota, are all located in the same location with seismic activity.
We learned that AI has an insatiable appetite for electricity and its power consumption is something that we would have to factor in the equitation when we are setting up any processing centers.
We have heard about de minimis for so long and we don’t know when will the U.S. Department of Homeland Security be taking action to enforce its corrective act. Knowing that everyday Shein and Temu are shipping one million low-value packages into the U.S. and these shipments are all coming through by airfreight.
Finally we read that hybrid vehicles are gaining their popularity and their models are flying out from the car dealers’ showroom.
