CONNECT WITH US
NEWS TAGGED AUTOMOTIVE
Monday 31 March 2025
From smartphones to smart mobility: Xiaomi's bold EV transformation takes flight
Xiaomi made a strong entry into the electric vehicle (EV) market in 2024, selling 136,800 units of its debut model, the SU7. Founder Jun Lei has set an ambitious target of reaching...
Saturday 29 March 2025
No quick fix: Renesas tightens belt with layoffs, pay freeze
Renesas Electronics CEO Hidetoshi Shibata said on March 26 that layoffs and a pay freeze are necessary responses to the prolonged slump in the global semiconductor market. Speaking...
Saturday 29 March 2025
SEMI Country excerpt 4: China, BYD, and the battle for EV supremacy
China's EV industry is now building on the past glories of its automotive sector. The much-criticized issue of "overcapacity" seems to be a perpetual non-concern. Outdated, low-quality...
Friday 28 March 2025
Canada prepares retaliation on Trump's tariff, freezing Tesla's subsidies
US President Donald Trump is set to impose a 25% tariff on imported cars and related parts in April and May. In response, Canadian Prime Minister Mark Carney has vowed to defend the...
Friday 28 March 2025
Taiwan's automotive sector positioned for strategic growth amid Trump's 25% vehicle tariffs
US President Donald Trump is set to impose a 25% tariff on all imported cars starting on April 3, with additional tariffs on select auto parts, such as engines, transmissions, power...
Friday 28 March 2025
South Korean firms overtake Japanese rivals in high-end auto display market for the first time
South Korean display makers have surpassed Japanese manufacturers in the global high-end automotive display market for the first time. In the future, LG Display (LGD) and Samsung...
Thursday 27 March 2025
Taiwan's Brightek navigates soft auto market, targets 30% growth in 2025 with new LED tech
Brightek expects to weather a subdued automotive and PC market in late 2024 with only a slight revenue decline, while positioning for substantial growth next year through product...
Wednesday 26 March 2025
Foxconn eyes potential partnership with Mitsubishi Motors, expanding into ASEAN and Oceania markets
Foxconn Chairman Young Liu recently revealed in an earnings call that the company would soon announce a partnership with a Japanese automaker. Following this, rumors quickly emerged...
Wednesday 26 March 2025
IC distributors upbeat about 2025 prospects given end of inventory adjustments for industrial and automotive chips
IC distributors have expressed optimism regarding the semiconductor market outlook for 2025, generally believing that overall circumstances will exceed those of 2024. They anticipate...
Wednesday 26 March 2025
Micron breaks the 'memory wall' with Nvidia: SOCAMM, HBM3E now shipping
Micron Technology showcased its latest AI-optimized memory technologies at GTC 2025, unveiling advanced DRAM solutions designed for data center and high-performance computing (HPC)...
Wednesday 26 March 2025
Xiaomi sets sights on Europe with EV R&D hub, recruits BMW veterans
Xiaomi plans to set up a dedicated electric vehicle (EV) research and development center in Europe, marking a key milestone in its global expansion strategy. The announcement follows...
Wednesday 26 March 2025
Samsung to reportedly mass-produce ADAS chips for Hyundai
Samsung Electronics will reportedly mass-produce advanced driver assistance systems (ADAS) chips using its 5nm process for Hyundai Motor, according to South Korean media outlets....
Tuesday 25 March 2025
Hyundai commits US$21B to boost US production, supply chain, and future mobility
Hyundai Motor Group is making a bold US$21 billion bet on the US economy between 2025 and 2028, targeting key B2B sectors across manufacturing, supply chain logistics, steel production,...
Monday 24 March 2025
Tesla reportedly talking to Tata for EV component sourcing
Tesla is reportedly talking to local suppliers, including those from Tata, amid its supply chain diversification away from China and Taiwan. This move aligns with its goal to sell...
Monday 24 March 2025
Toppan exits LCD panel production with Giantplus divestment, strengthening partnership for 2025 growth
Japanese company Toppan Holdings has decided to divest all its 53.1% stake in Taiwan-based Giantplus Technology, a manufacturer of small and medium-sized LCD panels, marking its exit...