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Monday 24 July 2023
Thailand leads as SEA sees BEV sales grow almost 10 times from 2022
Thailand is on track to be the EV hub in Southeast Asia. According to research firm Counterpoint, Thailand accounted for 78.7% of the battery EV sales in the region in the first quarter...
Monday 24 July 2023
India reportedly rejects BYD's investment proposal to decouple from China
Amid concerns about China's investments, India reportedly rejected a US$1 billion proposal by BYD to set up an EV plant, and equity investments from China into India are expected...
Friday 21 July 2023
Audi, SAIC EV tie-up a 'coming of age' for Chinese automaking
A move by Volkswagen AG's Audi division to partner with SAIC Motor Corp. to develop electric vehicles marks a turning point in China's automotive industry from learning from foreign...
Friday 21 July 2023
Chinese IC designers keen to develop homegrown smart cockpit SoCs
Along with cars moving toward electrification and intelligence, the smart cockpit market is gradually gaining prominence. Currently, many Chinese carmakers adopt intelligent cockpit...
Friday 21 July 2023
China EVs with L2 autonomous driving rise by 62.2% in 1Q23, says Canalys
Latest Canalys research reveals that in the first quarter of 2023, electric passenger vehicles equipped with standard Level 2 (L2) assisted driving systems, including imports, hit...
Friday 21 July 2023
China TV market remains in doldrums, but Hisense, TCL and Skyworth performing well
TV sales in China have been disappointing thus far this year, with industry sources expecting its market scale to continue dwindling further compared to previous years, affected by...
Friday 21 July 2023
SAIC will help Audi accelerate EV development in China
Audi hopes to gain EV market share in China as its collaboration with Shanghai-based SAIC Motor grows deeper. SAIC confirmed on July 20 that the pair will further its partnership...
Friday 21 July 2023
Tongfu Microelectronics, AMD's main OSAT partner, released performance forecast for 1H23
China-based IC assembly and testing company Tongfu Microelectronics has recently released its performance forecast for the first half of 2023. The net profit attributable to shareholders...
Thursday 20 July 2023
TSMC expects 9% revenue increase in 3Q23
TSMC expects to post revenues of between US$16.7 billion and US$17.5 billion in the third quarter of 2023, which is a 9.1% sequential increase at the midpoint. Gross margin and operating...
Thursday 20 July 2023
Memory and data strategies key to China's AI supremacy
At the press conference for 2023 China Computing Power Conference, held on July 17, the director-general of China's Information and Communication Development Department, Xie Cun,...
Thursday 20 July 2023
MicroBT launches cryptomining machines with 3nm ASIC
MicroBT has released its 3nm ASIC miners, but supply is limited probably due to insufficient yield rates at its IC foundry partner, according to industry sources.
Wednesday 19 July 2023
China's tech overseer promises to back AI computing push
China plans to craft policies to accelerate the build-out of nationwide computing infrastructure, seeking to lay the digital foundation for artificial intelligence.
Wednesday 19 July 2023
ASML Q2 2023 results show shipment to China speeding up
ASML announced its second-quarter 2023 results on July 19. The Netherlands-based company reported revenue of EUR6.9 billion (US$7.74 billion), with gross margin at 51.3%. Net income...
Wednesday 19 July 2023
US and Europe take different approaches when addressing China's compound semiconductor strategy
China has always hoped that, through compound semiconductors like silicon carbide (SiC) and gallium nitride (GaN), it can leapfrog Europe, the US, Japan, and Korea and break their...
Wednesday 19 July 2023
Why automotive suppliers cannot ignore Toyota's EV ambition
Toyota announced an updated business plan for battery EVs after the new leadership took office. According to sources, automotive suppliers will not ignore the opportunities that Toyota...