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NEWS TAGGED AUTO COMPONENTS
Monday 23 December 2024
WKPT diversifies into electronics supply chain with global expansion
World Known Precision Industry (WKPT), Taiwan's largest supplier of metal-processed parts for commercial vehicles, is advancing its global footprint with new plants in the US, Taiwan,...
Friday 20 December 2024
King Shing to expand from AM to OE, targeting automotive fans
The accelerating penetration of automotive electronics is driving a technological revolution in the global automobile industry, with thermal management systems playing a pivotal role...
Friday 20 December 2024
US tariff expansion to Southeast Asia alarms automotive supply chain
The automotive supply chain is increasingly worried about the potential expansion of US tariffs to Southeast Asia.
Friday 20 December 2024
Year-round AM market boom drives growth for Taiwan's automotive supply chain
Rising vehicle age and repair costs in the US, the world's largest automotive aftermarket (AM) service and repair market, have created substantial opportunities for Taiwan's auto...
Wednesday 18 December 2024
Auto suppliers face inventory squeeze as manufacturers cut safety stocks
Global auto parts makers are grappling with a paradox: While vehicle sales continue climbing, their order books are shrinking. The culprit? A dramatic shift in inventory management...
Wednesday 18 December 2024
Cub Elecparts eye 2025 revenue surge
Taiwanese automotive electric firm Cub Elecparts expects 2024 profits to match last year's figures, while forecasting substantial growth in 2025 driven by its electronics and tire...
Wednesday 18 December 2024
Onsemi's dual focus on automotive electrification and AI data centers sharpens with China push
Amid shifting dynamics in the power semiconductor market, Onsemi is leveraging China as a key growth driver for its dual focus on automotive electrification and AI data centers. Celebrating...
Wednesday 18 December 2024
Chinese hybrids evade EV tariffs, gain ground in EU
Chinese automakers, led by BYD, are leveraging hybrid electric vehicles (HEVs) to strengthen their foothold in the European market, where the European Union's (EU) increased tariffs...
Monday 16 December 2024
Taiwanese supply chains diversify as global auto market sees modest growth
Global automotive sales, including new energy vehicles (NEVs), are projected to underperform initial expectations in 2024, yet the market maintains an upward trajectory. Facing growing...
Friday 13 December 2024
Baidu-backed Jiyue Auto hits a wall: CEO admits challenges amid crisis
Jiyue Auto, the automotive startup co-founded by Baidu and Geely, is on the brink of collapse. CEO Joe Xia, in a letter to employees dated December 11, admitted the company faces...
Thursday 12 December 2024
CATL leads the global battery race: South Korea's top 3 makers struggle to keep up
Global EV battery demand outside China increased by 12.7% from January to October 2024. South Korea's top battery makers—LG Energy Solution (LGES), SK On, and Samsung SDI—recorded...
Thursday 12 December 2024
Hiroca Automotive diversifies beyond China, achieves Tier 1 status to boost growth
Taiwan-based Hiroca Automotive Trim Corporation, a supplier of automotive interior and exterior trim parts, is actively diversifying its operations to reduce dependence on the highly...
Thursday 12 December 2024
Rohm partners with Valeo for SiC inverters, targets 2026 production
Japanese company Rohm is collaborating with French automotive component manufacturer Valeo to develop a new generation of electric vehicle (EV) components. Rohm will supply silicon...
Wednesday 11 December 2024
Ams Osram optimistic about automotive product business in 2025
Ams Osram saw automotive electronics account for more than 50% of overall revenue this year and expects the market to enjoy promising growth in 2025, driven by the increasing adoption...
Tuesday 10 December 2024
Taiwan's AM parts makers thrive in 2024 amid global auto market slowdown
Taiwan-based automotive aftermarket (AM) parts manufacturers continue to dominate the global supply chain, holding an impressive 90% market share. Despite a slowdown in overall car...