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Global supply chain: Emerging tech, businesses
Emerging tech, businesses news coverage
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Wednesday 26 April 2023
GM raises 2023 guidance, adding Samsung SDI as battery partner
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...
Wednesday 26 April 2023
To prevent Tesla price war pain in 2Q23, Chinese automakers said to make moves in chips
Recently, rumors came out of the supply chain markets in China and Taiwan that in response to the price wars initiated by battery EV (BEV) leader Tesla in the first quarter of 2023,...
Tuesday 25 April 2023
Automotive chip vendors to cut orders for semiconductor parts in 2Q23
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...
Tuesday 25 April 2023
Carmakers win use of airwaves for advanced safety system
US regulators cleared automakers to use systems that let vehicles communicate wirelessly with one another, offering a path forward for life-saving technology after years of disputes...
Tuesday 25 April 2023
Hyundai Motor, SK On plan $5 billion EV battery plant in US
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...
Tuesday 25 April 2023
Optoma works with NYCU to construct R&D center for AI and VR in Taiwan
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...
Tuesday 25 April 2023
Black Sesame to supply SoC for Baidu's smart driving technology
China-based semiconductor company Black Sesame has become Baidu's latest chip partner to support the latter's auto-navigation and valet parking solution. The chip unicorn has been...
Tuesday 25 April 2023
Taiwan to have a good place in global EV market, says MIH Consortium CEO
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...
Tuesday 25 April 2023
Chinese SSD controller vendors actively tapping enterprise market
China's SSD (solid-state drive) control chip suppliers, including DapuStor, are keen to tap into the enterprise-use SSD market with high-end controllers developed in house, aiming...
Tuesday 25 April 2023
Chile's proposed public-private mining model likely accelerate China's lithium supply chain formation
Chile's president Gabriel Boric announced a plan to further empower the country in lithium mining projects. In China, where Chilean lithium is essential to battery manufacturing,...
Tuesday 25 April 2023
Taiwan equipment makers upbeat about microLED market development
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).
Tuesday 25 April 2023
Tesla raises capex for 2023, ushers in EV production and price war
Tesla plans to scale up its capital expenditure in 2023 to ramp up production and product launch following its CEO Elon Musk's stated intention to continue the EV price war, pitting...
Tuesday 25 April 2023
TSMC lands advanced chip orders shifted from China
Taiwan Semiconductor Manufacturing Company (TSMC) has gained advanced chip orders shifted from Semiconductor Manufacturing International (SMIC) and other China-based foundries, which...
Tuesday 25 April 2023
Factory closures, layoffs happening in China electronics industry
Many small- and medium-size businesses involved in the local supply chain for electronics parts and other devices have seen factory closures and layoffs in southern and eastern China,...
Monday 24 April 2023
Chinese automaker reportedly lowers chip requirements
Cut-throat competition in China's car market reportedly is prompting a major Chinese automaker to lower the requirements for car-use chips in a bid to reduce production costs, according...