Iron Force Industrial reported NT$409 million (US$12.71 million) in consolidated revenue for June, up 2.24% from a year earlier, as the Taiwanese manufacturer said its automotive business stayed resilient and its push into AI server cooling broadened its outlook. For the first half of 2026, consolidated revenue reached NT$2.442 billion, down 3.06% from the same period in 2025.
Volkswagen Group is advancing a broad 2030 restructuring focused on simplifying products, reducing capacity and changing governance, while unresolved issues such as plant closures and layoffs remain a barrier to execution. The plan, outlined by executives and reflected in recent operating data, comes as the automaker faces weaker deliveries in China and the US, even as Europe shows steadier demand.
Yulon Nissan reported June 2026 revenue on July 13, posting NT$1.236 billion(US$38.53 million), down 1.91% year on year but up 13.63% from May. The automaker said the monthly result was a five-month high and its second-highest level of 2026, supported by stronger sales and delivery momentum as it awaited benefits from new models.
Sitronix Technology said this week that zero-capacitance touch with display driver integration (TDDI) and automotive display drive IC (DDI) will drive its growth in 2026, as the chipmaker reported strong June and second-quarter revenue and said demand should remain positive into the second half of the year.
Egis Technology on July 9 said it sold part of its stake in iCatch Technology as part of a routine adjustment to its group equity holdings. The IC design company said the move was intended to improve capital efficiency and optimize its ownership structure, while Egis remained an important shareholder with about 12% of iCatch after the transaction.
German luxury carmaker Porsche reported global deliveries of 122,300 vehicles in the first half of 2026, down 16% from a year earlier, with sales in the China market remaining weak and falling by more than 30% year over year.
Artificial intelligence-defined vehicles (AIDV) are already a familiar concept in China, but the idea is now drawing wider attention after US startup Rivian announced at the launch of its R2 model that it is moving beyond software-defined vehicles (SDV) toward AIDVs. However, this has raised questions about whether mainstream automakers must confront yet another new hurdle before their SDV transformation is complete.
LED automotive lighting module maker Laster reported June consolidated revenue of NT$500 million (US$15.58 million), down 31.67% from May and 29.48% year on year. Even so, second-quarter revenue climbed 13.30% to NT$1.92 billion, as the company prepared for new vehicle mass production in the second half and an initial move into the robotics module market.
The EU's higher tariffs on China-made battery electric vehicles are reshaping global auto trade and investment. As Brussels tightens market access, Chinese carmakers are being pushed toward local production, while Europe's struggling manufacturers are becoming more important partners, targets, and bargaining chips.
Hushan said its self-reported consolidated revenue for June was about NT$120 million (US$3.74 million), led by about NT$61 million from door-handle products, about NT$28 million from automotive cameras and radar products, and about NT$32 million from other products. The Taiwan-based supplier also said first-half 2026 revenue declined from a year earlier as geopolitical disruptions and uncertainty over US tariff policy made customers more cautious and slowed order pull-ins.
LG Energy Solution's move to convert part of an idled US electric-vehicle battery plant into a line making lithium iron phosphate (LFP) cells for energy storage shows how South Korea's largest battery maker is repurposing stranded American EV capacity to chase surging demand from AI data centers and the power grid — while blunting a prolonged slump in electric-vehicle sales.
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