Jakarta-based SWAP Energi co-founder Kevin Phang aspired to advance battery-swapping technologies for electric scooters while he was studying abroad. SWAP Energi and its affiliate e-scooter maker and distributor SMOOT have set up 400 battery swapping stations in Greater Jakarta and Bali, Indonesia, the highest among the top e-scooter brands in the country.
Display driver IC (DDI) demand for handsets and other consumer devices has been sluggish and market prospects remain uncertain for the third quarter, prompting DDI makers to switch their supply focus to automotive and niche-market applications, according to industry sources.
Automotive electronics supplier On Semiconductor (Onsemi) has stopped taking orders for insulated gate bipolar transistors (IGBTs) at its Shenzhen plant, but some orders might be the result of overbooking, according to industry sources.
US Securities and Exchange Commission (SEC) last week listed more than 80 Chinese firms in a provisional list of entities that might be delisted if they fail to cooperate with audit regulations. Several Chinese electric vehicle (EV) makers - Nio, Li Auto, and XPeng - have been targetted since April.
Vietnam-based electric two-wheeler maker Dat Bike closed its series A round fundraising led by Jungle Ventures, raising a total of US$10 million since the company was established in 2019, according to Tech Crunch.
With India aiming to build itself an EV manufacturing hub, Tesla did not respond to Indian officials' call for making EVs in India, while Toyota decided to align its carbon neutrality plan with the Indian government.
ProLogium is ready to produce the world's first batch of high-performance solid-state batteries for electric vehicles (EV) soon. The Gigafactory in Taoyuan, Taiwan is planning to start mass-producing within the next three to four years.
BenQ Materials continues expanding production capacity to meet growing demand for separator films for EV batteries, defying economic uncertainties around the world, according to company chairman Chen Chien-chih.
Taiwan-based MCU suppliers have seen a gradual pick-up in 32-bit MCU demand for gaming applications since the second quarter, and are optimistic about the overall 32-bit demand for automotive electronics and other non-consumer device applications this year, according to industry sources.
The massive new nodes created inside and outside self-driving cars will bring new business opportunities for AI solutions, and the entire creation process can be seen as a combination of "kitchen wastes" and "indestructible cockroaches," according to Wei-Bin Lee, CEO of Hon Hai Research Institute under the Foxconn Technology Group.
Trend Micro, a founding member of Foxconn-initiated EV consortium MIH, has announced that it has set up a new subsidiary, VicOne, that focuses on automobile data security. According to the CEO of MIH, Jack Cheng, Trend Micro has also helped the EV consortium establish a cybersecurity team.
The rising demand for automotive applications has compelled Arm to recognize the need for novel architectures for protecting automotive IC security, said Simon Teng, senior director of the company's automotive partnership in the APAC region.