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Emerging tech, businesses news coverage
IN THE NEWS
Friday 3 February 2023
Bosch signs with Beijing Automotive to deliver high-end automotive products
Bosch China signed a strategic partnership with China's state-owned Beijing Automotive Group (BAIC) on Feb 1, strengthening ties with the leading supplier in the space of smart cockpit,...
Friday 3 February 2023
Growing EV penetration boosts demand for charging infrastructure
The growing penetration of electric vehicles (EV) has boosted demand for charging infrastructure, with China, the US, the EU, Japan, Korea, India and other countries making efforts...
Friday 3 February 2023
WPG sees customer inventories return to normal by 2Q23
Inventories at downstream system makers are expected to return to healthy levels in the second quarter of 2023, but those at upstream components suppliers will take more time to digest...
Friday 3 February 2023
Infineon posts record quarterly margin for 1Q23, defying weakening greenback
Germany-based semiconductor IDM Infineon reported a sequential decline in revenue for the first quarter of FY2023 (quarter ended on Dec 30, 2022). The company cited weakening demand...
Friday 3 February 2023
Power supply maker AcBel Polytech looking to expand US client portfolio
Through its recent acquisition of ABB's power conversion division, Taiwan-based AcBel Polytech is looking to grow its US client portfolio, according to the company's newly appointed...
Friday 3 February 2023
Robust demand drives China's NEV global market share to record 63%
While COVID-19 posed a great challenge for China's automotive industry last year, the country saw its new energy vehicle (NEV) market grow. According to China Passenger Car Association...
Friday 3 February 2023
China automotive market will see strong rebound in 2H2023, VW CEO says
Volkswagen Group CEO Oliver Blume is visiting China. He said the country's automotive market will make a robust comeback in the second half of this year. In addition, Blume also stated...
Friday 3 February 2023
Avnet expects U-shaped semiconductor recovery
The semiconductor market is expected to experience U-shaped recovery, according to Prince Yun, president of Asia Pacific at Avnet, an international IC distributor.
Thursday 2 February 2023
Lithium pricing likely in decline throughout 2023
Falling lithium carbonate prices in China are giving a reprieve to battery and electric vehicle makers, promising improvements to the overall industry structure, according to reports...
Thursday 2 February 2023
OSATs see promising demand for custom-built chips
Demand for custom-built chips from system vendors remains promising for OSATs that offer high-end backend services, such as ASE Technology (ASEH), Amkor Technology and Powertech Technology...
Thursday 2 February 2023
Wolfspeed to build its first European SiC fab with ZF's investment
US-based SiC and GaN technologies provider Wolfspeed announced on February 1 a plan to build its first SiC fab in Europe. The project, which aims to start construction this year,...
Thursday 2 February 2023
IDMs in price war for auto mmWave radar chip solutions
International IDMs are entering a new wave of price competition for their auto-use mmWave radar chips solutions, which see increasing penetration as vehicles undergo electrification,...
Thursday 2 February 2023
Formosa 2 completes installation of all offshore wind turbines
Offshore wind farm developer Formosa 2 Wind Power has completed installation of all of the 47 offshore wind turbines on the Formosa 2 offshore wind farm covering water area of 68.81...
Thursday 2 February 2023
Wolfspeed Silicon Carbide devices power future Mercedes-Benz Electric Vehicle platforms
Wolfspeed today announced the company will be supplying Silicon Carbide devices to power future Mercedes-Benz Electric Vehicle (EV) platforms, enabling greater efficiency in the powertrain...
Thursday 2 February 2023
mmWave radar demand could be strengthened by Tesla's rumored return
With the popularization of automotive electronics, especially ADAS and L2+ self-driving, the mmWave radar has become a required sensory component - a rigid demand. With Tesla, which...