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Wednesday 26 February 2025
Garmin hits record-high revenue in 2024 with another 8% growth expected in 2025
Garmin, the global leader in GPS navigation and smart wearables, has announced its 2024 financial results, reporting a record-breaking revenue of US$6.3 billion, marking a 20% year-over-year...
Wednesday 26 February 2025
Hidden visionary behind China's CMOS image sensor revolution
Fueled by the surging demand for CMOS Image Sensor (CIS) components in intelligent driving systems and consumer electronics, Will Semiconductor (WillSemi), the company behind OmniVision,...
Wednesday 26 February 2025
Layoffs surge at Tier 1 suppliers amid rising costs and EV market slowdown
The wave of layoffs sweeping through the global automotive industry shows no sign of slowing, with major international Tier 1 suppliers--Germany's Continental, Bosch, and ZF--bearing...
Tuesday 25 February 2025
Editor's pick: How Foxconn's CDMS model is game changer for Japan's auto sector
The global electric vehicle (EV) market is evolving rapidly, and Japan's legacy automakers are at the center of the latest industry shakeup. Following the collapse of the Honda-Nissan...
Tuesday 25 February 2025
EV dead end: Nikola's fall highlights financial and supply woes for startups
US-based electric vehicle (EV) startup Nikola has recently filed for bankruptcy protection, a move that comes as no surprise to industry insiders, who view the company as having reached...
Tuesday 25 February 2025
Delta Electronics accelerates robotics push in India with D-Bot cobots, Neura investment
Delta Electronics is ramping up its robotics expansion in India, unveiling the D-Bot collaborative robot (cobot) series at ELECRAMA 2025 to enhance its competitive edge in smart manufacturing...
Tuesday 25 February 2025
Suzuki's US$26.5 billion plan: India at the core of ambitious strategy for growth and electrification
Suzuki Motor Corporation unveiled its new mid-term business plan in February 2025, detailing an ambitious investment of JPY4 trillion (US$26.5 billion) through the end of March 2031...
Monday 24 February 2025
Bridging cultures: Foxconn's strategy for a unified Nissan partnership
Cultural differences have long complicated Renault's collaboration with Nissan and Mitsubishi Motors, raising the possibility that the French automaker may strengthen its ties with...
Friday 21 February 2025
BYD, other Chinese auto vendors face CIS shortage
Following BYD's debut of its "God's Eye" intelligent driving system, the already limited supply of 8-megapixel (8M) automotive CMOS image sensors (CIS) has quickly become a shortage,...
Thursday 20 February 2025
Taiwan's top auto fastener vendor unfazed by US tariffs, braces for EU CBAM and Taiwan carbon tax
Taiwan's leading automotive fastener manufacturer, Spec Products Corp, maintains strong confidence in its US market competitiveness despite current tariff policies. The US represents...