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NEWS TAGGED AUTO COMPONENTS NEWS
Monday 14 August 2023
LinkCom expects automotive, telecom segments to generate more revenues in 1Q24
Taiwan-based magnetic component company LinkCom Manufacturing held an earnings call on August 11. General manager Wilson Tan said the company is expanding its magnetic component and...
Monday 14 August 2023
Himax says gross profit rate will improve in Q3 but sales need more time to rebound
Taiwan-based display driver IC company Himax Technologies saw its sales and gross margin decrease in the second quarter of 2023. The company said demand from automotive electronics...
Monday 14 August 2023
Foreign-based automotive tier-1s under pressure in China
China's mature EV supply chain has challenged foreign automotive tier-1 suppliers and their joint ventures. Foreign-based companies have trailed behind the country's battery dominance,...
Friday 11 August 2023
Optiemus Electronics, Wistron's India partner, plans to double output near-term
Optiemus Electronics, an Indian electronics manufacturer partnered with Wistron Corporation's Indian subsidiary, Wistron Infocomm Manufacturing (India), is poised to ramp up its production...
Friday 11 August 2023
BYD reaches five million NEV production milestone as automotive electrification in China keeps growing
China's largest new energy vehicle (NEV) maker BYD rolled its five millionth car off the production line on August 9. Chairman and president Wang Chuanfu said automotive electrification...
Thursday 10 August 2023
Automotive lighting brings Edison Opto six-month order visibility
Taiwan-based LED company Edison Opto Corporation is expected to see an operation boost from the deployment of automotive finished products production lines. The company said the order...
Thursday 10 August 2023
Hyundai Mobis receives extensive battery system assembly order from Volkswagen
Hyundai Mobis, a Hyundai Motor affiliate, has taken a step forward to diversify its customer base. The automotive parts supplier announced on August 9 that it has secured a large-scale...
Wednesday 9 August 2023
Whether open EV platforms will create successful business model remains uncertain
New entrants in the automotive industry have been developing open platforms to grab the opportunities brought by electrification. Open platforms, supported by standardization and...
Wednesday 9 August 2023
Hyundai to introduce five EV models in India by 2032
South Korea's largest automaker is poised to gain its EV presence in India. Hyundai Motor announced on August 8 that it plans to launch five EVs and increase charging infrastructure...
Wednesday 9 August 2023
China automobile exports expected to surpass 5 million in 2023
Car exports from China are on track to grow as the country shipped out the most automobiles worldwide in the first half of 2023. Cui Dongshu, secretary-general for the China Passenger...
Tuesday 8 August 2023
Taiwan tech expertise enables X-Platform for logistics trucks
An EV platform aiming to showcase Taiwan's technology strength was revealed on August 7. Cruise X, a company focusing on chassis engineering and design, built the X-Platform for logistics...
Tuesday 8 August 2023
Global SiC production to expand rapidly
Demand from the automotive and energy infrastructure sectors will fuel the expansion of silicon carbide (SiC) production worldwide, according to industry sources.
Monday 7 August 2023
Fast SiC Semiconductor scales up EV charger, energy storage, industrial control businesses
Founded in 2019, Taiwan-based Fast SiC Semiconductor has transitioned its business focus from consumer electronics to EV charging, energy storage systems and industrial control systems...
Friday 4 August 2023
Jokowi's EV ambition takes a step forward with cathode factory
President Joko Widodo's ambition of building out Indonesia's electric-vehicle supply chain is seeing another step forward with plans for a cathode plant.
Friday 4 August 2023
ZF sees stable profits in 1H23, adding R&D center, automotive electronics plant in China
Automotive tier-1 supplier ZF enjoyed steady growth in the first half of 2023. The company said it is on track to reach its annual sales target of EUR45 billion (US$49.5 billion)...