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Thursday 6 June 2024
EV battery swapping gaining momentum in China
The adoption of battery swapping for Electric Vehicles (EVs) is creating new business opportunities in China, according to industry sources.
Thursday 6 June 2024
TAC optical films demand rises, increasing TacBright's sales in 2024
TAC optical film manufacturer TacBright Optronics held a shareholders' meeting on the 5th, successfully passing various proposals. TacBright pointed out that in 2024, with the larger...
Thursday 6 June 2024
EU's potential tariff could be self-destructive as China supports 60% of the bloc's EV imports
The European Union is expected to announce punitive tariffs on China-made EVs after the European Parliament's election this week. Many European-branded vehicles and Tesla EVs are...
Wednesday 5 June 2024
Stellantis and Mercedes-Benz's joint battery company delays work for new European plants
Automotive Cells Company (ACC), a battery maker backed by Stellantis and Mercedes-Benz, said it has paused plans for new factories in Germany and Italy. The France-headquartered company...
Wednesday 5 June 2024
Different EV strategies polarize Japanese automotive parts suppliers' outlook
The rapid growth of the global battery EV market ended in the second half of 2023.
Wednesday 5 June 2024
STMicroelectronics, Geely announce multi-year SiC supply agreement amidst booming EV market in China
STMicroelectronics (ST) and Geely have announced a multi-year agreement for the supply of Silicon Carbide (SiC) devices and the establishment of a joint lab to collaborate on vehicle...
Wednesday 5 June 2024
For Big Fund Phase 3, the devil is in the funding structure details
The long-rumored third phase of China's national semiconductor fund, commonly known as "the Big Fund," has finally been officially announced. The fund scale of CNY344 billion (US$47.5...
Wednesday 5 June 2024
Sony eyeing bigger automotive CIS market share in China
By collaborating with Horizon Robotics Technology, Sony is vying for a bigger presence in China's automotive CMOS image sensor (CIS) market, according to industry sources.
Wednesday 5 June 2024
Unisoc reportedly raises funds worth over US$552 million
China-based IC design major Unisoc reportedly successfully raised funds worth CNY4 billion (US$552 million). Unisoc is likely to secure further investment from Chin's Big Fund Phase...
Wednesday 5 June 2024
Challenges lie ahead for Nvidia autonomous driving solutions
Nvidia CEO Jensen Huang said at a pre-Computex speech that Mercedes-Benz will adopt Nivida's Drive AV system in 2025 and other major carmakers will follow suit in 2026. While maintaining...
Tuesday 4 June 2024
TV sales show success in China's first week of 618 promotions
The China 618 mid-year promotion kicked off early on May 20.
Tuesday 4 June 2024
TV panel price increase to halt in June as Chinese manufacturers reduce availability
The recent surge in LCD TV panel prices is nearing its end.
Tuesday 4 June 2024
India and Vietnam largest beneficiaries of China-plus-one, says Nomura
As multinational companies recognize the importance of diversifying supply chains, India and Vietnam are emerging as key beneficiaries. The electronics and machinery sectors in India...
Tuesday 4 June 2024
Global M&A market faces decline amid recession fears and geopolicital tensions
A joint survey by PwC Taiwan, and the Taiwan M&A and Private Equity Council highlights a concerning trend: China's...
Tuesday 4 June 2024
India data center capacity expected to skyrocket in two years
India has surpassed Japan and Australia, becoming Asia's second-largest data center hub after China. Data center capacities in the country are expected to nearly double in the next...