Kia Corp. wants to increase sales of electric vehicles so they account for 9% of revenue by the end of the year, up from 5.5% last quarter.

Strong sales worldwide in the first quarter of 2023 helped Hyundai Motor's profits. The carmaker released the financial results on April 25, with net profit growing 92.4% year-over...

South Korea's top-3 battery makers SK On, LG Energy Solution (LGES), and Samsung SDI are all on track to build additional domestic production capacities, in order to reduce the country's...

General Motors is expecting a strong 2023. It raised its whole-year guidance on April 25 after finishing the first quarter with US$3.8 billion of adjusted EBIT. In addition, the automaker...

Magnetic components supplier Linkcom Manufacturing will debut on Taiwan's over-the-counter (OTC) stock market in mid-May as it moves to expand its power magnetic components and module...

Some Taiwan-based IC design houses and other chip vendors in Japan and the US may cut their orders for semiconductor parts by 10-20% in the second quarter on top of weak demand in...

China- and Taiwan-based foundries have experienced cutbacks in automotive IC orders from not only their domestic fabless chipmakers but also customers in the US and Japan during the...

The details of the US CHIPS and Science Act (also known as the CHIPS Act) subsidies, which aims to rebuild the country's local semiconductor supply chain, have been released, but...

Samsung Electronics saw shipments increase 15% on year in the first quarter of 2023, benefitting from good midrange mobile application processor (AP) sales performance.

Hyundai Motor Group and SK On Co. will spend as much as $5 billion in North America for the production of electric car batteries as President Biden's green bill encourages companies...

Optoma, a subsidiary of Coretronic, has partnered with Tawan's National Yang-Ming Chiao-Tung University (NYCU) to work on building an R&D center for AI and VR interaction and...

SK Hynix will postpone the volume production of its second NAND plant in Dalian, northeastern China, according to reports from Korean news media.

Taiwan will be able to compete well in the global electric vehicle market as long its solid supply chain foundation in semiconductors, electronics, and other existing industries can...

ASE Technology (ASEH) and Amkor Technology, the world's top two OSATs, have both expanded production outside of China and Taiwan, according to industry sources.

The microLED market is set to take off this year, according to sources at related equipment suppliers including Csun Manufacturing and Gallant Precision Machining (GPM).