GERMANY
Industry slumps 1.9 percent
Industrial output in November unexpectedly fell for the third consecutive month, data showed yesterday, adding to signs that Europe’s largest economy shifted into a lower gear in the final quarter of last year. Industrial output was down 1.9 percent, way below a Reuters forecast of an increase of 0.3 percent, Federal Statistics Office data showed. The figure for October was revised down to a fall of 0.8 percent from a previously reported drop of 0.5 percent. Factories churned out fewer intermediate, capital and consumer goods, according to more detailed data published by the Federal Ministry for Economic Affairs and Energy. Output in the construction industry also decreased, as did production in the energy sector. The ministry pointed to special factors including an unusually high number of bridge days around national holidays and problems faced by the car industry as it adjusted to new emission standards.
PATENTS
China to outpace Germany
Chinese inventors last year received a record number of US patents and are on pace to overtake Germany in the No. 4 position of top recipients, an analysis of filings with the US Patent and Trademark Office showed. Inventors working for Chinese companies were issued 12,589 US patents, up 12 percent on the year and a 10-fold increase over the 1,223 they received a decade ago. The US still dominates the field, with 46 percent of the 308,853 US utility patents issued last year, followed by companies based in Japan, South Korea and Germany. Six of the top 10 recipients of patents are US companies, including top recipient IBM Corp and chip rivals Intel Corp and Qualcomm Inc, as well as Microsoft Corp, Apple Inc and Ford Motor Co. The four Asian companies in the top 10 were Samsung Electronics Co at No. 2, Canon Inc, LG Electronics Inc and Taiwan Semiconductor Manufacturing Co (台積電).
ELECTRONICS
Boycott hitting Apple: bank
Chinese consumers might be staging an “informal boycott” of US products that is hitting Apple Inc’s iPhones, Bank of America Merrill Lynch analysts said. If that is the case, it would help explain Apple’s warning last week that revenue from China was taking a hit, even as Chinese rivals post steady shipments. According to a survey conducted by equity research specialists, consumers in China and India are showing less interest in upgrading to an iPhone and more interest in upgrading to Xiaomi Corp (小米) and Samsung products, the bank said. Apple sales might also suffer from a general redirection of Chinese demand away from US products, the report said.
AUTOMAKERS
Daimler auto trucks eye US
Daimler AG this year is to start selling a heavy-duty truck in the US that is able to brake, accelerate and steer at all speeds on its own. This would coincide with the planned launch of Tesla Inc’s Semi truck, which would stoke competition at a time when demand in North America is forecast to soften. The updated Freightliner Cascadia, which would also have lane-keeping assistance, fuses information from radar and cameras to enable partially autonomous technology, Daimler said on Monday at the CES conference in Las Vegas, Nevada. To maintain its lead over Volvo AB and Paccar Inc, the manufacturer said it plans to within a decade offer highly automated vehicles on some routes.
The EU and US are nearing an agreement to coordinate on producing and securing critical minerals, part of a push to break reliance on Chinese supplies. The potential deal would create incentives, such as minimum prices, that could advantage non-Chinese suppliers, according to a draft of an “action plan” seen by Bloomberg. The EU and US would also cooperate on standards, investments and joint projects, as well as coordinate on any supply disruptions by countries like China. The two sides are additionally seeking other “like-minded partners” to join a multicountry accord to help create these new critical mineral supply chains, which feed into
For weeks now, the global tech industry has been waiting for a major artificial intelligence (AI) launch from DeepSeek (深度求索), seen as a benchmark for China’s progress in the fast-moving field. More than a year has passed since the start-up put Chinese AI on the map in early last year with a low-cost chatbot that performed at a similar level to US rivals. However, despite reports and rumors about its imminent release, DeepSeek’s next-generation “V4” model is nowhere in sight. Speculation is also swirling over the geopolitical implications of which computer chips were chosen to train and power the new
Elon Musk’s lieutenants have reached out to chip industry suppliers, including Applied Materials Inc, Tokyo Electron Ltd and Lam Research Corp, for his envisioned Terafab, early steps in an audacious and likely arduous attempt to break into the production of cutting-edge chips. Staff working for the joint venture between Tesla Inc and Space Exploration Technologies Corp (SpaceX) have sought price quotes and delivery times for an array of chipmaking gear, people familiar with the matter said. In past weeks, they’ve contacted makers of photomasks, substrates, etchers, depositors, cleaning devices, testers and other tools, according to the people, who asked not to
Japan approved ￥631.5 billion (US$3.97 billion) in additional subsidies to hasten Rapidus Corp’s entry into the high-stakes artificial intelligence (AI) chipmaking arena, ramping up support for a project widely regarded as a long shot. The capital is intended to bankroll Rapidus’ work for information technology firm Fujitsu Ltd, one of the initial customers that Tokyo hopes would get the signature endeavor off the ground. The new money raises the fees and investments that the government is injecting into the start-up to ￥2.6 trillion by the end of the current fiscal year to March next year, the Japanese Ministry of Economy, Trade and
RSS