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NEWS TAGGED EUROPE
Thursday 14 November 2024
Automotive chip fab projects face suspension in Europe amid EV slowdown
The global semiconductor shortage that plagued automotive chips from 2020 to 2022 has subsided, as electric vehicle (EV) demand in Europe and the US falls short of projections. While...
Monday 11 November 2024
Germany's auto giants face multiple policy pressures amid Trump retaking power
For the global automotive industry, Donald Trump's upcoming return to the White House may create greater challenges not for China's emerging automakers but for Germany's leading automotive...
Thursday 7 November 2024
Chinese lithium battery makers face domestic price wars amid global expansion hurdles
Despite their dominance of over 60% of the global lithium battery market, Chinese manufacturers are increasingly seeking to expand abroad to escape fierce competition and price wars...
Thursday 7 November 2024
European automakers face continued challenges in auto industry electrification
The transition of Europe's automotive industry to electric has encountered challenges in 2024, leading to significant setbacks for European car manufacturers. To date, European automakers...
Tuesday 5 November 2024
NXP forecasts lower 4Q24 results due to falling auto chip demand and macro issues
NXP Semiconductors anticipates that its revenue and profit performance for the fourth quarter of 2024 will be below market expectations, with an estimated range of US$3 billion to...
Monday 4 November 2024
Chinese EV makers aim for Europe as budget models flood market
Nikkei reports that dismantling EVs from brands like BYD and NIO reveals a strategic edge: component integration not only helps cut weight but also trims costs significantly...
Friday 1 November 2024
Chinese automakers activate 'Plan B' as EU EV tariffs take effect
As the European Union implemented tariffs on Chinese electric vehicles on October 31, both European and Chinese EV supply chains have begun executing contingency plans. The tariffs...
Friday 1 November 2024
Taiwan Europe Chip Innovation Forum takes place in Prague with top 3 global EDA players
Taiwan Europe Chip Innovation Forum (TECIF), funded by Taiwan's National Science and Technology Council and executed by the Taiwan Semiconductor Research Institute (TSRI), commenced...
Friday 1 November 2024
Favorable forex offsets Apple's China headwinds in 3Q24
During Apple's earnings call on October 31, senior executives emphasized the company's commitment to quality, which has influenced the pace of the Apple Intelligence launch across...
Friday 1 November 2024
Chinese officials urge EV makers to halt EU expansion amid rising trade tensions
Chinese officials are reportedly urging local electric vehicle (EV) manufacturers to suspend their expansion in the European Union (EU), potentially exacerbating future trade decoupling...
Friday 25 October 2024
TSMC to see handset chip orders exceed NT$1 trillion in 2024
Despite a rumored drop in iPhone 16 orders, TSMC's handset chip revenue is expected to exceed NT$1 trillion (US$31 million) in 2024, according to supply chain sources.
Thursday 24 October 2024
Wolfspeed halts EUR3bn SiC wafer plant, throwing Germany's semiconductor plans off track
Wolfspeed has suspended the construction of its SiC wafer plant in Ensdorf, Germany, as Europe's electric vehicle market faces a slowdown. This comes on the heels of Intel's halted...
Thursday 24 October 2024
Germany's Manufacturing X Initiative sets new standards for industry 4.0 collaboration
At the Taiwanese-German Conference on Industry 4.0 Applications, Germany unveiled its push for industrial transformation through "data spaces" under the Manufacturing X initiative...
Thursday 24 October 2024
European automakers see more challenges at home
European automakers have long struggled with the influx of low-cost Chinese electric vehicles (EVs), but their challenges are intensifying. Now, they face the dual pressure of stringent...
Wednesday 23 October 2024
Will Tesla driverless taxi shake up autonomous driving?
Tesla has demonstrated its high-level autonomous unmanned vehicles, the Cybercab robotaxi and the Robovan passenger/cargo van, at an event. It also unveiled the Optimus robot at the...