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Monday 13 May 2024
India roundup: Lam Research to explore India-based chipmaking tool partners
Lam Research is expanding its investments to help India grow a chipmaking ecosystem. India-based Mindgroove Technologies introduced a RISC-V SoC to meet local demands.
Friday 10 May 2024
Biden set to impose tariffs on China EVs, strategic sectors
President Joe Biden's administration is poised to unveil a sweeping decision on China tariffs as soon as next week, one that's expected to target key strategic sectors while rejecting...
Friday 10 May 2024
Panasonic's battery unit benefits from US subsidy as weak EV demand to impact sales
Panasonic Group reported a record-high net income for the fiscal year ending in March 2024. Its battery business received significant tax credits from the US Inflation Reduction Act...
Friday 10 May 2024
US ponders restrictions for China-made connected cars, new tariffs on EVs
The US-China trade relationship will likely exacerbate as the US might take "extreme action" on Chinese-made connected cars. The Biden administration is also considering new tariffs...
Friday 10 May 2024
Fuel cell is pivotal for Taiwan's hydrogen industry, according to DIGITIMES Research
In the realm of "decarbonization"-spawned green business opportunities, the spotlight shines brightly on low-carbon hydrogen, an arena deemed indispensable in the medium to long term...
Friday 10 May 2024
Slow EV demand gives Magna double hit
Magna International's Austrian plant is experiencing a double hit resulting from the sluggish EV demand. An EV startup customer has filed for bankruptcy, and orders from legacy automakers...
Thursday 9 May 2024
Backed by robust profit, Toyota to invest JPY2 trillion in supply chain, EV, SDV
Toyota Motor reported hefty profit growth for the past fiscal year ending March 2024, thanks to booming hybrid EV sales and a weaker Japanese Yen. The automaker said it plans to invest...
Thursday 9 May 2024
Asia Optical to pursue growth on 3 fronts, says chairman Lai Yi-Jen
Asia Optical, one of Taiwan's leading optical device suppliers, has achieved several breakthroughs in recent months, as stated by chairman Lai Yi-Jen during the company's earnings...
Wednesday 8 May 2024
US government to grant small, medium-sized auto suppliers US$100 million for EV transition
The US is giving its automotive industry another boost toward EVs. The federal government will offer over US$100 million in grants to help small- and medium-sized automotive components...
Wednesday 8 May 2024
Robust aftermarket drives Tong Yang's automotive parts sales
Taiwan-based Tong Yang Group announced its operating results for April 2024 on May 7. The leading car components supplier also revealed that it had purchased land at the Cigu Technology...
Wednesday 8 May 2024
EV makers reportedly compensate South Korean battery companies due to declining procurement
EV manufacturers reportedly failed to purchase the minimum quantity of batteries stipulated by contracts as EV demand softens.
Wednesday 8 May 2024
Infineon supplies SiC power modules to Xiaomi EV
Infineon Technologies will supply Silicon Carbide (SiC) power modules HybridPACK Drive G2 CoolSiC and bare die products to Xiaomi's EVs, including the recently announced SU7, until...
Wednesday 8 May 2024
BYD surges ahead in R&D, exceeding Tesla with satcom debut 'on the road'
With the rapid development of intelligent connected vehicles, cars have gradually become important mobile terminals, carrying an increasing number of interconnection needs based on...
Tuesday 7 May 2024
Nvidia backs UK self-driving startup Wayve in US$1 billion round
US chipmaker Nvidia Corp. is investing in Wayve Technologies Ltd., joining a US$1.05 billion funding round for the UK startup that wants to get its autonomous-driving technology into...
Tuesday 7 May 2024
Leapmotor reportedly to partner with Stellantis to sell EVs in India
Following investments from Stellantis in 2023, Chinese EV manufacturer Leapmotor is reportedly preparing to enter the Indian market. However, the company's plans could encounter obstacles...