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Emerging tech, businesses news coverage
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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...
Thursday 27 April 2023
Honda aims to make over 2 million EVs annually, tapping TSMC for stable chip supply
Honda Motor plans to grow EV market share in North America, China, and Japan with a goal of making more than 2 million vehicles annually by 2030. It has secured collaboration with...
Thursday 27 April 2023
Nio invests China-based SiC startup Qingchun Semiconductor
As battery electric vehicles (BEV) are moving from 400V to 800V architecture, China-based new energy vehicle (NEV) brand Nio invested in China-based SiC startup Qingchun Semiconductor,...
Thursday 27 April 2023
Japanese makers actively automating production in China as labor shortage worsens
Japanese electronics components manufacturers with plants in China's coastal provinces are gradually changing their investment strategies there, actively incorporating production...
Thursday 27 April 2023
Bosch to acquire US semiconductor foundry for SiC production expansion
Leading automotive supplier Bosch announced on April 26 that it is buying US-based TSI Semiconductors. The acquisition, prompted by rising demand for EVs, will boost Bosch's silicon...
Thursday 27 April 2023
MG Motor unveils cheapest EV in India
UK-based MG Motor unveiled the most affordable EV in India, looking to seize the opportunity of a rapidly-rising market as the International Energy Agency recommends cheaper models...
Thursday 27 April 2023
Wolfspeed posted 22% growth in sales, begins delivering 200mm SiC substrates
Wolfspeed posted a growing revenue and a widening loss. The US-based silicon carbide (SiC) substrate supplier also announced it had shipped its first 200mm SiC substrates from its...
Thursday 27 April 2023
UMC expects flat 2Q23
Pure-play foundry United Microelectronics (UMC) expects its wafer shipments and ASPs to both register about flat sequential increases in the first quarter of 2023, with its capacity...
Thursday 27 April 2023
TSMC, UMC step up automotive IC deployment
TSMC and United Microelectronics (UMC) have both stepped up their deployments in the automotive IC field.
Wednesday 26 April 2023
TSMC, GF strike new contracts with car vendors
TSMC and GlobalFoundries have both struck long-term contracts with car vendors.