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NEWS TAGGED AUTOMOTIVE
Wednesday 7 August 2024
Rohm profits plunge amid weak industrial chip demand and surging investment costs
Rohm reported a declining performance over the past quarter due to sluggish sales of industrial chips and increased depreciation and research costs related to expanding production...
Wednesday 7 August 2024
WT Micro sees inventory correction for automotive, industrial ICs persist
IC distributor WT Microelectronics (WT Micro) expects inventory adjustments for automotive and industrial ICs to persist through the end of this year, with more room for growth once...
Tuesday 6 August 2024
Macronix achieves ISO/SAE 21434 Information Security Standard Product certification for ArmorFlash MX78 series, embracing automotive security chip market
With the rise and widespread application of Artificial Intelligence (AI) technology, apart from the popular autonomous driving systems in the automotive market, a significant number...
Tuesday 6 August 2024
China foundries prioritize mature nodes for capacity growth, limiting capacity for NOR flash
China-based foundries are rapidly expanding their capacity for mature logic IC processes, limiting local NOR production capability. As a result, global NOR flash supply and demand...
Tuesday 6 August 2024
MediaTek eyes growth potential in India's automotive market
MediaTek, the leading smartphone AP supplier in India, sees the country as a promising market for its automotive technology. The company is focusing on providing scalable hardware...
Tuesday 6 August 2024
LITE-ON expects US$314 million in value from Vietnam plant amid imminent Dallas plant launch
LITE-On's Vietnam-based plant growth is projected to reach NT$10 billion in 2025, having also incorporated servers and casings into its production line. It has the potential to become...
Tuesday 6 August 2024
Infineon completes sale of Philippines and South Korea backend sites to ASE
Infineon Technologies has completed the sale of its two backend manufacturing sites, one in Cavite, Philippines, and one in Cheonan, South Korea, to two fully owned subsidiaries of...
Tuesday 6 August 2024
Infineon teams up with MediaTek and others for automotive SoC
Infineon Technologies has unveiled a new microcontroller unit (MCU) series for automotive system-on-chip (SoC) solutions, focusing on applications such as smart cockpits. This development...
Monday 5 August 2024
Slowing automotive demand hits Novuton
Nuvoton Technology, which is focused on growing its automotive and industrial control businesses, reported an unusual quarterly loss in the second quarter of 2024.
Monday 5 August 2024
Europe's auto industry faces historic trade deficit amid electrification shift
Europe's automotive industry is poised to face a historic turning point in 2024, with imports expected to surpass exports for the first time in decades. This looming trade deficit...
Thursday 1 August 2024
Qualcomm reports strong Q3 results but expects flat handset market growth in 2024
Despite achieving results at the top end of its guidance, Qualcomm anticipates stable performance in the smartphone and automotive markets, even as it expands its market share in...
Thursday 1 August 2024
AI drives record licensing revenue for Arm; 2025 guidance remains unchanged amid end-market uncertainties
Fueled by rising AI-driven demand for energy-efficient chips, Arm reported a 70% increase in its license revenue. Although royalty revenue from smartphones grew by 50%, the results...
Wednesday 31 July 2024
Knobs and buttons make partial return as trend in automotive human-machine interface
In the 2010s, the automotive industry ventured into touch control interfaces, with pioneers like Tesla, Mercedes Benz, and Nissan leading the charge. However, with the European New...
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.
Wednesday 31 July 2024
IDMs underperform in 2Q24, indicating automotive IC weakness
Financial data from leading European and American integrated device manufacturers (IDMs) indicate that the automotive semiconductor market is underperforming, with weaker demand than...