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NEWS TAGGED AUTOMOTIVE
Monday 4 November 2024
Chinese EV makers aim for Europe as budget models flood market
Nikkei reports that dismantling EVs from brands like BYD and NIO reveals a strategic edge: component integration not only helps cut weight but also trims costs significantly...
Monday 4 November 2024
China's EV sector set for major shift by 2025: Supply chain sees new opportunities
Recent policy changes in China signal a comprehensive restructuring of the automotive industry, focusing on enhancing standards, supporting green energy initiatives, and managing...
Monday 4 November 2024
LG Innotek and Semco underperform for 3Q24; both pin their hopes on AI
The two major South Korean component suppliers, Samsung Electro-Mechanics (Semco) and LG Innotek, have released their financial reports for the third quarter of 2024, with performance...
Friday 1 November 2024
Packaging materials supplier CWE optimistic about future growth momentum
Chang Wah Electromaterials (CWE), a Taiwan-based semiconductor materials distributor, has reported revenue and profit margin increases for the third quarter of 2024, driven by stronger...
Thursday 31 October 2024
GF aims to revitalize foundry business in China with team expansion planned for 2025
GlobalFoundries (GF) is looking to revitalize its operations in China. K.C. Ang, who became GF's president for Asia and chairman for China earlier this year, recently said at an annual...
Thursday 31 October 2024
Realtek sees recovery signs in networking, automotive segments
While order visibility remains limited, IC design house Realtek Semiconductor (Realtek) reported emerging signs of demand recovery across various applications during a recent earnings...
Wednesday 30 October 2024
Diode maker Eris expects market visibility to improve in 2Q25
Due to inventory adjustments, ongoing wars, and the macroeconomic situation, uncertainties in the global automotive and industrial control markets may persist until the second quarter...
Wednesday 30 October 2024
Yageo sees demand growth for AI, challenges for industrial control devices
Yageo, a maker of passive components, remains optimistic about AI demand but expresses caution regarding the demand for industrial control applications. The company anticipates a...
Wednesday 30 October 2024
PTI leverages FOPLP and HBM momentum as AI revenue share grows
Powertech Technology (PTI), a backend service provider, anticipates that orders for AI device applications will constitute a larger portion of the company's revenue. This is attributed...
Tuesday 29 October 2024
Onsemi reports steady 3Q24 results amid cooling markets, cautious for 2024 and 2025
On Semiconductor's (Onsemi) latest financial results met expectations despite challenging market conditions. The company also offered a cautious outlook for 2024 and 2025.
Tuesday 29 October 2024
Automotive JVs struggle amid rising competition in China
Automotive joint ventures (JV), which had dominated China's automotive sector for four decades, have encountered heightened competition from Chinese new energy vehicle (NEV) firms.
Tuesday 29 October 2024
Sasken Technologies' partnership with Trustonic elevates automotive cybersecurity
Sasken Technologies has taken a significant step forward in the automotive cybersecurity landscape through its recent partnership with Trustonic. This collaboration marks a new chapter...
Tuesday 29 October 2024
Simula puts focus on AIoT connectors and other related components
Simula Technology, a subsidiary of Qisda Group, is working to grow the proportion of its Made in Taiwan (MIT) products due to tariffs and clients' demands in the fourth quarter, after...
Tuesday 29 October 2024
BYD's October surge boosts Taiwan's supply chain gains in Q4
BYD's new energy vehicle (NEV) sales excelled in October, buoying the performance of its Taiwanese suppliers in the fourth quarter of 2024, according to market sources.
Tuesday 29 October 2024
Automotive LED shipments to remain strong in Q4 amid growing overseas demand
As China relaxes car purchase restrictions while local governments start to introduce purchase subsidies, the automotive industry is entering its traditional peak in the fourth quarter,...