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NEWS TAGGED AUTO COMPONENTS
Wednesday 18 December 2024
Onsemi's dual focus on automotive electrification and AI data centers sharpens with China push
Amid shifting dynamics in the power semiconductor market, Onsemi is leveraging China as a key growth driver for its dual focus on automotive electrification and AI data centers. Celebrating...
Wednesday 18 December 2024
Chinese hybrids evade EV tariffs, gain ground in EU
Chinese automakers, led by BYD, are leveraging hybrid electric vehicles (HEVs) to strengthen their foothold in the European market, where the European Union's (EU) increased tariffs...
Monday 16 December 2024
Taiwanese supply chains diversify as global auto market sees modest growth
Global automotive sales, including new energy vehicles (NEVs), are projected to underperform initial expectations in 2024, yet the market maintains an upward trajectory. Facing growing...
Friday 13 December 2024
Baidu-backed Jiyue Auto hits a wall: CEO admits challenges amid crisis
Jiyue Auto, the automotive startup co-founded by Baidu and Geely, is on the brink of collapse. CEO Joe Xia, in a letter to employees dated December 11, admitted the company faces...
Thursday 12 December 2024
CATL leads the global battery race: South Korea's top 3 makers struggle to keep up
Global EV battery demand outside China increased by 12.7% from January to October 2024. South Korea's top battery makers—LG Energy Solution (LGES), SK On, and Samsung SDI—recorded...
Thursday 12 December 2024
Hiroca Automotive diversifies beyond China, achieves Tier 1 status to boost growth
Taiwan-based Hiroca Automotive Trim Corporation, a supplier of automotive interior and exterior trim parts, is actively diversifying its operations to reduce dependence on the highly...
Thursday 12 December 2024
Rohm partners with Valeo for SiC inverters, targets 2026 production
Japanese company Rohm is collaborating with French automotive component manufacturer Valeo to develop a new generation of electric vehicle (EV) components. Rohm will supply silicon...
Wednesday 11 December 2024
Ams Osram optimistic about automotive product business in 2025
Ams Osram saw automotive electronics account for more than 50% of overall revenue this year and expects the market to enjoy promising growth in 2025, driven by the increasing adoption...
Tuesday 10 December 2024
Taiwan's AM parts makers thrive in 2024 amid global auto market slowdown
Taiwan-based automotive aftermarket (AM) parts manufacturers continue to dominate the global supply chain, holding an impressive 90% market share. Despite a slowdown in overall car...
Tuesday 10 December 2024
Feng Ching targets high-end insulation wires for AI data centers and EV applications
Feng Ching Metal Corp., a Taiwanese manufacturer specializing in enameled and other insulated wires, anticipates stable sales growth in products catering to emerging energy applications,...
Tuesday 10 December 2024
Polytronics achieves record revenue in 3Q24, plans to enter semiconductor market in 2025
Taiwan-based protective component manufacturer Polytronics reported a record high in revenue and gross margin for the third quarter of 2024, driven by increased demand for components...
Friday 6 December 2024
Global PMX optimistic about China, US NEV component purchases
Automotive component manufacturer Global PMX is cautiously optimistic about its automotive business outlook in the fourth quarter of 2024 and the first half of 2025 thanks to orders...
Friday 6 December 2024
China semiconductor exports projected to top CNY1 trillion in 2024
Chinese semiconductor exports are projected to exceed CNY1 trillion (US$30.8 billion) in 2024, having already reached CNY931.17 billion in the first 10 months of the year.
Friday 6 December 2024
EV charging station company Zerova expects 20% revenue growth in 2025
EV charging specialist Zerova, a subsidiary of power supply maker Phihong Technology, expects performance in 2024 to remain roughly on par with 2023, but is eyeing a 20% increase...
Friday 6 December 2024
Asian players eye opportunities as European, US automotive suppliers downsize
Major tier-1 automotive suppliers in Europe and the US are conducting layoffs amid disappointing electric vehicle (EV) demand, potentially creating opportunities for their Asian counterparts...