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Emerging tech, businesses news coverage
IN THE NEWS
Tuesday 2 May 2023
Stellantis secures battery-grade nickel and cobalt supply in Australia
Stellantis has deepened ties with another battery material partner to support its electrified future. The carmaker and Australia-based Alliance Nickel have signed a five-year agreement...
Tuesday 2 May 2023
Onsemi transformed into auto and industrial player ahead of schedule
Despite macroeconomic uncertainties, Onsemi posted better-than-expected financial results in the latest quarter, as the company eyes automotive and industrial markets to fuel its...
Tuesday 2 May 2023
India roundup: Taiwan-based Wistron reportedly to withdraw from India
As Apple suppliers expand investments in India, Wistron is reportedly winding down its operations there. Micron is also reportedly applying for India's semiconductor fab incentive...
Tuesday 2 May 2023
iCatch Technology unveils CR3 automotive AI imaging SoC for in-cabin sensing
iCatch Technology, a leading Taiwan-based AI image processing IC design company, announced its innovative CR3 Automotive AI Imaging SoC for in-cabin sensing applications at the recent...
Friday 28 April 2023
iST sees rising revenues in 1Q23
Integrated Service Technology (iST) reported consolidated revenues of NT$981 million (US$31.64 million) for the first quarter of 2023, the second-highest quarterly level ever, with...
Friday 28 April 2023
Peru sees lithium mining opportunity in Chile's statist plan
Peru is taking a more active role in trying to lure lithium mining investments in light of Chile's decision to take state control of all new projects of the battery metal, an official...
Friday 28 April 2023
Chinese truckmaker to boost Mexico presence with eye on US market
Chinese truckmaker Beiqi Foton Motor Co. is planning a second plant in Mexico to manufacture electric vehicles with an eye on US exports.
Friday 28 April 2023
Power shift in SEA's automotive chain? Japanese brands losing dominance as others break into the market
Thailand is the largest automobile manufacturer in Southeast Asia, and Japanese brands have a market share of 80–90%. Because of this, the Bangkok International Motor Show (BIMS),...
Friday 28 April 2023
Gus Technology not letting China, Japan, and Korea get ahead by building Taiwan's first GWh battery cell factory
In the face of a global energy transformation trend, the importance of the battery industry is growing every day. More and more countries are treating the sector as a national strategic...
Friday 28 April 2023
Companies move to develop 800V quick-charging tech to boost charging efficiency, says DIGITIMES Research
Thanks to the four major advantages 800V high-voltage high-power quick-charging has, and its feature of a charging efficiency close to fueling a gasoline car, EV makers are increasingly...
Friday 28 April 2023
BYD posted more than 400% profit growth in 1Q23 amid EV price war
Amid an EV price war in China and elsewhere, BYD saw a sharp annual increase in profit; however, a sequential decline in profit reflects the impact of the price war.
Friday 28 April 2023
South Korea will offer "active support" if Tesla builds gigafactory there
South Korean president Yoon Suk Yeol met with Elon Musk on April 26, asking the Tesla CEO to build a gigafactory in the country. Yoon said South Korea will provide support for location...
Thursday 27 April 2023
Samsung SDI expanding presence in US EV battery manufacturing
Samsung SDI and General Motors (GM) have announced that they have agreed to establish a joint venture (JV) to manufacture battery cells for electric vehicles (EV) in the US. It is...
Thursday 27 April 2023
STMicroelectronics releases 1Q23 financial results
STMicroelectronics (ST) has released its first-quarter 2023 financial results. According to the company, net revenue was US$4.15 billion, a 19.8% YoY increase, and gross margin was...
Thursday 27 April 2023
TI sees market uncertainties for all applications except automotive
Leading analog IC vendor Texas Instruments (TI) has seen its overall financial results for first-quarter 2023 meet its original financial guidance, but its observation is that macro...