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Friday 21 October 2022
Inflation Reduction Act has corporations worldwide looking to participate in the lithium battery sector
The lithium battery sector has become the hottest due to the US recently passing the Inflation Reduction Act of 2022 (IRA). The IRA is aiming to fight inflation with green energy...
Friday 21 October 2022
Cub Elecparts penetrates RV ABS solutions into US market
Taiwan-based Cub Elecparts, dedicated to supplying smart driving-related sensing devices and electrical and electronics parts for car applications, has penetrated its anti-lock braking...
Friday 21 October 2022
Hyundai Mobis to make chassis modules for Mercedes Benz EVs
According to the South-Korea based Hyundai Mobis, it has begun to supply chassis modules for automaker Mercedes-Benz AG's four electric SUVs, becoming the first non-European supplier...
Friday 21 October 2022
EVE Energy to build cylindrical battery plant in Malaysia to support electric two-wheelers
EVE Energy, one of China's leading battery manufacturers, announced that it will invest US$422.3 million in a project in Malaysia. The company plans to produce 21700-type cylindrical...
Friday 21 October 2022
US eyes expanding China tech ban to quantum computing and AI
The Biden administration is exploring the possibility of new export controls that would limit China's access to some of the most powerful emerging computing technologies, according...
Friday 21 October 2022
Tesla notes limits in logistics capacity as delivery grows big
For the third quarter of 2022, Tesla reported 54% and 42% on-year growth in production and delivery and another record revenue of US$21.5 billion, logging a 56% on-year increase.
Thursday 20 October 2022
Foxconn showcases research results in future vehicles, highlighted by information security and V2X
The Hon Hai Research Institute (HHRI)'s goal is to do foresight research 3 to 7 years ahead that comply with the group's 3+3 strategy. They will announce their progress at the NExT...
Thursday 20 October 2022
BMW invests US$1.7 billion to expand US EV production, partnering with Envision AESC
German automaker BMW announced on Wednesday (October 19) to invest US$1.7 billion its auto plant in Spartanburg, USA. Located in the state of South Carolina, the plant is expected...
Thursday 20 October 2022
Key iPhone supplier warns smartphone demand will continue to fall
Murata Manufacturing expects this year's drop in smartphone sales to keep going well into 2023, led by a sharp downturn in China.
Thursday 20 October 2022
Taiwan wafer foundry industry, 3Q 2022
The four leading Taiwan-based foundries - TSMC, UMC, PSMC and VIS - together are on course to generate revenues exceeding US$90 billion in 2022, soaring 31.8% from a year ago.
Thursday 20 October 2022
China still capable of developing edge AI chips
Despite the US' latest restrictions on exports of advanced-node chips and related manufacturing equipment to China, China will still be capable of developing its homegrown AI chips...
Thursday 20 October 2022
AUO conservative about investment in PV production in US
While US Inflation Reduction Act (IRA) offers 30% investment tax credit to encourage establishment of PV power-generating facilities and subsidies for manufacturing of PV products...
Thursday 20 October 2022
Passive component suppliers see order pull-ins slow
Yageo and other passive component suppliers continue to experience a slowdown in customers orders amid sluggish end-market demand, according to industry sources.
Wednesday 19 October 2022
German automakers ramp up EV production in China
BMW is going to produce electric Mini hatchbacks in China, putting a halt to current production in the UK, according to Bloomberg.
Wednesday 19 October 2022
Foxconn eyeing 5% global EV market share by 2025, says chairman
It is highly possible for Hon Hai Technology Group (Foxconn) to attain a 5% global market share for electric vehicles (EV) with sales revenues topping NT$1.0 trillion (US$31.28 billion)...