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Monday 18 March 2024
Huawei to see automotive BU achieve profitability this year
Huawei's automotive business unit will likely become profitable earlier than expected. Richard Yu, chairman of Huawei's Intelligent Automotive Solutions (IAS), said on March 16 that...
Monday 18 March 2024
AGM battery expected to drive South Korean Sebang's sales
South Korea-based Sebang Global Battery, which focuses on automotive and industrial lead-acid batteries, has grown its revenue and profits as it scales up the absorbent glass mat...
Monday 18 March 2024
Suppliers say Chinese EVs losing momentum due to three critical issues
China-based EV makers have expanded overseas aggressively as demand slows down globally. However, automotive suppliers said the Chinese EV's momentum will likely end soon as its smart...
Monday 18 March 2024
SK Innovation puts Chinese battery subsidiary into liquidation as SK On scales
South Korea-based SK Innovation's Chinese battery subsidiary, Blue Dragon Energy, will go into liquidation as its business scope overlaps with SK On, the SK Group's rising battery...
Monday 18 March 2024
InterBattery recap: Samsung SDI will mass-produce 46-phi battery in 2025
Samsung SDI accelerates the development of a new-generation cylindrical battery 46-phi, which has a 46mm diameter. The company will begin volume production as early as 2025. The media...
Monday 18 March 2024
Foxconn highlights five growth pillars for 2024
Foxconn (Hon Hai) will see its revenue growth momentum for 2024 come from five main development axes – namely AI servers, three major smart platforms, Electrical Vehicles (EVs),...
Friday 15 March 2024
China urges EV makers to buy local chips as US clash escalates
The Chinese government has quietly asked electric vehicle makers from BYD Co. to Geely Automobile Holdings Ltd. to sharply increase their purchases from local auto chipmakers, part...
Friday 15 March 2024
US injects US$1b into Philippines' tech and EV sectors, aims to double chip production
US Commerce Secretary Raimondo recently announced a US$1 billion investment into the solar, EV, telecom, and digitalization sectors of the Philippines during her visit to the count...
Friday 15 March 2024
Auto suppliers see most difficult phase pass as EV, HEV order pull-ins grow
Global automotive tier-1 suppliers have shifted their order pull-ins to EVs, Hybrid EVs (HEV), and fuel-cell vehicles. Accordingly, Taiwan-based suppliers said deliveries are expected...
Friday 15 March 2024
Nio partners with CATL to develop long-life batteries, will launch second brand in May
China-based emerging EV maker Nio announced on March 14 that it will team up with CATL to work on long-life EV batteries to support its battery swapping services. Nio also confirmed...
Thursday 14 March 2024
Marine display provider Data Image gaining opportunities in vehicle market
Taiwan-based Data Image reached a breakthrough in the special vehicle display market while starting its business with professional highly durable marine displays.
Thursday 14 March 2024
China-based Xingdong-Semi signs MoU with ST to secure SiC supply
As EVs continue to drive semiconductor demand, China-based Xindong Semiconductor Technology announced on March 13 that it had signed an MoU with STMicroelectronics. The agreement...
Thursday 14 March 2024
PCB firm Dynamic Holding optimistic about high-end HDI board demand
Dynamic Holding anticipates growth momentum for 2024 to be driven by new automotive boards, networking server products, and a particularly positive outlook for its high-end HDI product...
Thursday 14 March 2024
APT upbeat about orders for advanced packaging
AblePrint Technology (APT), a company specializing in pneumatic and thermal process solutions for semiconductor packaging, is optimistic about the growing demand for advanced packaging...
Wednesday 13 March 2024
Smart cockpit critical for Taiwanese automotive electronics joining global supply chain
Vehicle power systems and smart cockpits have become essential for Taiwan-based automotive electronics providers as they aim for global supply chains. Taiwan's Automotive Research...