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NEWS TAGGED TIER 1
Wednesday 19 March 2025
Tariff blitz hits auto supply chain—component suppliers fight back
US President Donald Trump's sweeping tariffs are disrupting the automotive industry. The US imposed a 25% tariff on imported steel and aluminum on March 12, with another 25% tariff...
Tuesday 18 March 2025
ARTC highlights Taiwan's key role as Tier 1 supplier in next-gen robotics and automotive electronics
The Nvidia GPU Technology Conference (GTC) is eagerly awaited for updates on new GPUs and AI innovations, such as humanoid robots and autonomous vehicles, to which Taiwan is anticipated...
Monday 17 March 2025
Lack of domestic car brands hamstrings Taiwan auto parts suppliers in pricing power
Taiwan has a robust automotive components industry, but the absence of domestic car brands has long been a missing piece in the puzzle. This structural gap weakens the industry's...
Wednesday 12 March 2025
Taiwan's auto parts sector kicks off 1Q strong, breaking seasonal slump
Taiwan's automotive supply chain has performed well since the start of the year, fueled by strong US market demand and aggressive inventory buildup by automakers and Tier 1 suppliers...
Wednesday 26 February 2025
China's intelligent driving surge squeezes third-party suppliers
As China's automotive market embarks on a new wave of intelligent driving democratization, a fresh tug-of-war has begun between car manufacturers and specialized third-party suppliers...
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...
Thursday 13 February 2025
Tsang Yow, unfazed by US tariffs, continues dual approach of transmission systems and semiconductors
Transmission system specialist Tsang Yow has continued to maintain close partnerships with established carmakers, Tier 1 component suppliers, and after-market (AM) service suppliers...
Friday 17 January 2025
The era of 'subtraction': Q&A with HCMF Group executive director Jeffrey Hsi
Taiwan-based HCMF Group, a long-standing supplier of automotive parts and systems to global Tier 1 OEMs, operates nearly 30 sales, manufacturing, and R&D facilities worldwide...
Wednesday 15 January 2025
Compal Electronics sees 38% profit increase, thanks to strategic shift
Compal Electronics chairman Ray Chen stated that the company's transformation efforts in 2024 have begun to yield positive results. Despite a slight decline in revenue during the...
Tuesday 7 January 2025
Global auto market faces turbulence as Trump's return fuels uncertainty
The global automotive sector faces unprecedented challenges as 2024 witnessed a wave of unexpected resignations among top executives at major automakers and Tier 1 suppliers, with...
Thursday 12 December 2024
Hiroca Automotive diversifies beyond China, achieves Tier 1 status to boost growth
Taiwan-based Hiroca Automotive Trim Corporation, a supplier of automotive interior and exterior trim parts, is actively diversifying its operations to reduce dependence on the highly...
Thursday 31 October 2024
Chinese solar manufacturers implement price floor amid market oversupply in 4Q24
China's solar energy industry has been grappling with severe oversupply and aggressive price competition in the local market since 2024. In late October, the China Photovoltaic Industry...
Wednesday 23 October 2024
TSMC reports potential Huawei chip regulation breaches to US authorities in dual notification
TSMC reported potential export violations to US regulators—twice—amid concerns that Huawei accessed restricted semiconductor technology through intermediaries. The case...
Friday 16 August 2024
Struggling in the EV era: traditional Tier 1 suppliers face restructuring amid global challenges
Due to weaker-than-expected demand for electric vehicles (EVs), many traditional Tier 1 suppliers in Europe and the US have undergone significant restructuring in recent years.
Thursday 11 July 2024
Traditional Tier-1 suppliers struggle as electrification reshapes auto supply chain
The automotive industry's ongoing transition to electronic systems and electrification is creating a "tug-of-war" between new and established Tier-1 suppliers, known for supplying...