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Thursday 28 November 2024
Qualcomm, MediaTek's diverging paths after years of rivalry
During a recent investor conference in New York, Qualcomm CEO Cristiano Amon emphasized that since 2021, the company has been actively expanding beyond mobile phones. The company's...
Thursday 28 November 2024
Onsemi targets China's automotive and energy storage growth
Onsemi's leadership has been increasing its presence in China recently. After Felicity Carson, SVP of global operations at Onsemi, attended PCIM Asia 2024 in Shenzhen at the end of...
Thursday 28 November 2024
Foxconn reportedly secures land in Tamil Nadu for new battery plant
Foxconn has reportedly secured 200 acres of land in Tamil Nadu for a battery manufacturing plant, aligning with the company's strategic focus on AI and EV as growth engines.
Wednesday 27 November 2024
Kian Sheng leverages EV subsidies and tourism revival to boost Chinese operations
Kian Sheng, a subsidiary of the Yulon Group, plays a pivotal role in Taiwan's electric bus supply chain. Despite challenges, the company's operations in China achieved notable results...
Wednesday 27 November 2024
Mitsubishi Electric invests in new power semiconductor back-end factory
Mitsubishi Electric is ramping up its power semiconductor production in Japan to meet the surging demand fueled by the EV revolution and global climate change initiatives.
Wednesday 27 November 2024
China's 4S dealerships face mass closures amid price wars and EV surge
China's 4S dealership model, once a cash cow in the early 2000s, is unraveling under mounting pressure. The sector, which peaked around 2017, has been hit hard by fierce price wars...
Wednesday 27 November 2024
China's auto semiconductor growth driven by electrification and smart tech
Global IDM leader Onsemi announced a cautious outlook for the semiconductor market in its third-quarter 2024 financial report. CEO Hassane El-Khoury tempered expectations for 2025...
Wednesday 27 November 2024
Taiwan and Germany join forces for smart mobility with AI license plate innovation
On November 26, Germany's Tönnjes International Group and the German-Taiwanese joint venture Toennjes Leon unveiled an innovative AI anti-counterfeit license plate initiative...
Wednesday 27 November 2024
Power IC maker Potens extensively engages with automotive industry
Potens Semiconductor, known for its power semiconductors, is actively entering the automotive sector despite the current inventory adjustments in the industry.
Wednesday 27 November 2024
Honda to begin all-solid-state battery trials in 2025, targets cost cuts to rival Chinese EVs
Honda plans to start trial production of all-solid-state batteries for electric vehicles (EVs) in January 2025, aiming to double EV driving range and reduce battery costs by 25% compared...
Tuesday 26 November 2024
Shifting gears: US tariffs reshape global automotive supply chain
Heightened US tariff policies are rattling the automotive industry, threatening higher vehicle costs. Industry insiders note that while the US mandates final assembly domestically,...
Tuesday 26 November 2024
Thailand's PTT to reduce stake in joint venture with Foxconn
Thailand's state-controlled energy conglomerate PTT has announced that due to fierce competition in the EV market resulting in a price war, the group will lower its stake in the joint...
Tuesday 26 November 2024
Tesla faces fierce competition as FSD eyes China debut
Tesla plans to launch its Full Self-Driving (FSD) technology in China by early 2025, though regulatory approval remains uncertain. Domestic automakers are intensifying efforts to...
Tuesday 26 November 2024
Trump's push for autonomous vehicle regulations reshapes US self-driving landscape
A comprehensive federal framework for autonomous vehicles is reportedly being planned by President-Elect Donald Trump's transition team to accelerate adoption and revitalize US leadership...
Tuesday 26 November 2024
STMicro postpones US$20 billion revenue target to 2030 on auto chip slowdown
STMicroelectronics (STM) has revised its growth targets amid persistent weak demand for chips used in automotive and industrial applications. During its Capital Markets Day in Paris,...