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Wednesday 29 November 2023
Nichidenbo sees recovery for 2Q24 with EVs and AI servers driving demand for capacitors
As 5G, AI, and EVs continue to drive demand for passive components, multilayer ceramic capacitor (MLCC) manufacturers see growing opportunities for high-capacity and small-sized products,...
Wednesday 29 November 2023
Hyundai will suspend Asan plant to prepare for Ioniq 7 mass production
Hyundai Motor is gearing up for the mass production of Ioniq 7 to scale its EV business. The company plans to suspend operations at its Asan plant in South Korea for two months to...
Tuesday 28 November 2023
Europe relies on lithium battery imports; auto part export surplus may reverse
Industry sources indicated that Europe's heavy dependence on imported lithium batteries could lead to a reversal of the current surplus in car component exports.
Tuesday 28 November 2023
Li Auto recruiting talents in Singapore to accelerate SiC development
Chinese EV maker Li Auto has strengthened its capabilities in chip development and is starting to hunt international talents. Media reported that the company is establishing a team...
Tuesday 28 November 2023
Foxconn invests US$1.5 billion in India to expand manufacturing
Foxconn announced a fresh investment in India to build manufacturing facilities amid its ongoing diversification efforts out of China and forays into more areas, including semicond...
Tuesday 28 November 2023
EV saves 2024: Taiwan-based electronics ODMs and OEMs look to EV for growth potential
As the consumer electronics market witnesses inertia, companies are looking to non-consumer products for growth opportunities, and among these products are automotive applications...
Monday 27 November 2023
High-speed testing site will finish last mile of Taiwan's autonomous driving industry
The Automotive Research & Testing Center (ARTC) in Taiwan broke ground on the island's first high-speed self-driving technology testing site in July 2023. With support from Taiwan's...
Monday 27 November 2023
Samsung plans to drive 2024 AI automotive sector with array of new memory innovations
Samsung Electronics is reportedly setting its sights on the automotive market, gearing up to unleash a series of game-changing products from 2024 onward. With these cutting-edge innovations,...
Monday 27 November 2023
Infineon sees automotive MCU, power semiconductor long-term contracts grow
Infineon said it has secured more long-term contracts for automotive semiconductors, including MCUs and power semiconductors. The company accounts for the largest share of the automotive...
Monday 27 November 2023
Japanese carmakers cut prices in Thailand to compete with Chinese rivals
China-based EV makers are expanding aggressively overseas, triggering a "war" between EVs and internal combustion engine (ICE) vehicles in Thailand. The situation has pressured Japanese...
Friday 24 November 2023
Nissan pledges GBP 2 billion to expand UK electric-vehicle hub
Nissan Motor Co. will significantly ramp up electric-vehicle production in the UK with a £2 billion ($2.5 billion) investment at its Sunderland site in a boon to the country's...
Friday 24 November 2023
Huawei and Xiaomi are paving the way for an Apple EV: Tim Culpan
Two of China's biggest smartphone makers have joined BYD Co. and Tesla Inc. in the increasingly crowded Chinese electric-vehicle market. Their success or failure could serve as a...
Friday 24 November 2023
WinWay says outlook for 2H24 is very optimistic
IC testing interface specialist WinWay Technology is full steam ahead with new products, holding a "very optimistic" outlook for the second half of 2024, according to the Taiwan-based...
Friday 24 November 2023
Gotion, Inobat to build battery plant in Slovakia
Europe will see another battery plant come online in 2026. China-based battery maker Gotion High-tech and Slovak startup InoBat plans to build a battery factory in Slovakia. The facility...
Friday 24 November 2023
China-based two-wheeler EV makers eye overseas opportunities amid fierce competition at home
With zero-emission vehicles becoming an increasing trend, the electric vehicle (EV) market has seen an increasing number of new entrants seeking to electrify everything from two-wheelers...