Hyundai Motor Group (HMG) announced its total annual sales throughout 2022 grew slightly by 1.4% on-year to 3.94 million units; global annual revenue reached KRW142.5 trillion (US$120...

Automotive electrification facilitates the growth of new EV companies. According to DIGITIMES Research, emerging businesses tend to rely on contract manufacturers for car-making,...

Founded in 2015, WeMo Scooter provides new transportation alternatives to city dwellers by embracing visions of sharing economy, green energy, and environmental conservation. Having...

Amid India's push to build a self-reliant manufacturing ecosystem for electronics such as EVs and mobile phones, India seeks to extend exemptions for basic customs duty in the latest...

Taiwanese tech giant Foxconn, determined to transform its entire group, has been actively expanding to electric vehicle industry in recent years. Having made new changes to its business...

IDMs are offering lower-cost 77GHz automotive millimeter wave (mmWave) radar chips, in an attempt to accelerate the transition from 24GHz to 77GHz, according to sources in the car...

United Microelectronics (UMC) and Cadence Design Systems have jointly announced that the Cadence 3D-IC reference flow has been certified for UMC's chip stacking technologies.

Lenovo has announced 6 key technology trends that will become mainstream in 2023. These include holographic projection, transformable devices, corporate metaverse, smart stores, multi-access...

General Motors saw its 2022 wholesale volume grow about 25% from last year, bringing the automaker a record EBIT-adjusted US$14.5 billion. It plans to invest US$650 million in the...

The Chinese government is mulling to impose export restrictions on its solar chips and related technologies, which, if enforced, may deal a big blow to the rising Indian solar energy...

Samsung Electronics has reiterated its policy of non-artificial production cut and will keep its 2023 capex budget unchanged at the 2022 level, aiming to boost its cost competitiveness...

The worst moment for the passive components industry has passed and suppliers are expected to see signs of market recovery in the second quarter of the year, with automotive applications,...

Viewing that the Chinese government has been boosting development of fuel cell-powered electric vehicles (FCEVs), Hyundai Motor, Toyota Motor and main China-based automakers including...

Ehiway Microelectronics Technology has raised an undisclosed amount of funding through Series B+ round of financing. The proceeds will be utilized for the development of the company's...

The Chinese government is mulling to place restrictions on exports of solar-grade crystalline silicon wafers and related technology, and this is likely to push up international prices...