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Wednesday 31 July 2024
Teco and CSC join hands in entering Indian electric bus market
Teco Electric and Machinery (Teco) and China Steel Corporation (CSC) have partnered to supply EV components to India's growing electric bus market.
Wednesday 31 July 2024
Chinese suppliers eyes Russia's growing demand for auto parts, supply chain urge caution amid war uncertainties
Automotive component supply-chain stakeholders say they are seeing the disruptions brought by the Russo-Ukraine war on the international industry gradually fading.
Monday 29 July 2024
US slams the door on Chinese EVs; EU leaves a crack open despite stringent taxes and tariffs
China's EV entrance into international markets has hit a bump with the trade barriers from Europe and the US, casting a dark cloud above their expansion.
Friday 26 July 2024
ST cuts 2024 outlook as industrial and automotive demand slows
After reporting a 25% year-on-year revenue decline in the second quarter, STMicroelectronics has revised its sales outlook for 2024 downward for the second time.
Wednesday 24 July 2024
Onsemi selected to power next-gen VW EV
Onsemi has announced a landmark supply agreement with Volkswagen (VW) - the world's second-largest automaker - to provide a complete power box solution for its next-generation electric...
Wednesday 24 July 2024
Chinese IC self-sufficiency efforts vary for automotive MCUs, MOSFETs
China has intensified its pursuit of IC self-sufficiency, but efforts differ for automotive microcontroller units (MCUs) and MOSFETs, according to industry sources.
Tuesday 23 July 2024
EU tariff dilemma: Balancing anti-subsidy measures on Chinese EVs with economic reliance
The European Union finds itself at a crossroads as it considers implementing anti-subsidy provisional tariffs on Chinese electric vehicle (EV) imports by the end of November. This...
Monday 22 July 2024
Global IT outage hits Microsoft cloud, automotive industry faces disruptions
Microsoft faced a significant disruption in its cloud services on July 19, leading to temporary system outages in major organizations around the world. In a statement, the company...
Friday 19 July 2024
The German electrification dream falters as supplier bankruptcy surges 60%
The automotive industry's shift towards electrification is proving to be a more treacherous journey than anticipated, with actual performance falling short of expectations and investments...
Friday 19 July 2024
MediaTek seeks to advance smart car, EV ecosystems with AI
MediaTek, a leader in consumer electronics and communications, is looking to establish itself as a key player in the smart car and Electric Vehicle (EV) ecosystem while deepening...
Friday 19 July 2024
Fanuc completes new US facility for automotive robots
Fanuc America, a subsidiary of Japan-based Fanuc, has completed construction of its new West Campus facility in Auburn Hills, Michigan. This marks Fanuc's second US facility since...
Friday 19 July 2024
GTOC sales driven by automotive glass applications
Glass processing service provider G-Tech Optoelectronics (GTOC) has reported strong sales growth for the second quarter of 2024, driven by automotive applications.
Wednesday 17 July 2024
China's counter-intuitive semiconductor exports surge goes unnoticed
China's aggressive automotive exports caught the world's attention, hitting a record high in the first half of 2024 but starting to slow down after tariffs imposed by Europe and the...
Tuesday 16 July 2024
Smartphone replacement, automotive applications to boost CIS demand in 2H24
Anticipating a wave of smartphone replacements and growing demand for automotive applications, Taiwan-based backend houses are optimistic about the CMOS image sensor (CIS) sector...
Friday 12 July 2024
Foxconn subsidiary to acquire Auto-Kabel for EUR72.5 million
Foxconn Interconnect Technology (FIT), a subsidiary of Hon Hai Technology Group (Foxconn), has announced plans to acquire Germany-based Auto-Kabel for a total of EUR72.5 million (US$78.8...
Holtek
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research