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Wednesday 26 April 2023
Top-3 Korean battery makers keen on domestic capacity expansions
South Korea's top-3 battery makers SK On, LG Energy Solution (LGES), and Samsung SDI are all on track to build additional domestic production capacities, in order to reduce the country's...
Wednesday 26 April 2023
GM raises 2023 guidance, adding Samsung SDI as battery partner
General Motors is expecting a strong 2023. It raised its whole-year guidance on April 25 after finishing the first quarter with US$3.8 billion of adjusted EBIT. In addition, the automaker...
Monday 10 April 2023
South Korea to support domestic battery industry as US finalizes regulation
The South Korean government released a series of strategies to help local battery companies gain a global presence, especially in the US. Notably, the government will offer KRW7 trillion...
Wednesday 8 March 2023
Taiwan leadframe suppliers see promising demand for automotive SiC devices
Taiwan-based leadframe suppliers including Chang Wah Technology (CWTC), Jih Lin Technology and Shuen Der Industry (SDI) are seen as beneficiaries as more IDMs offer automotive silicon...
Monday 20 February 2023
LGES retains crown in 2022 non-Chinese global EV battery usage
South Korea-based research firm SNE Research recently released an analysis of non-Chinese global EV battery usage in 2022. LG Energy Solution topped the list again with a market share...
Thursday 9 February 2023
Battery makers in US, Europe seeking backup supplies against possible China export ban
Lithium iron phosphate (LFP) battery supply chain players outside China are moving to seek backup supply packages as they are worried that China's upcoming restrictions on...
Friday 16 December 2022
IC packaging leadframe demand to hit bottom in 1Q23
Leadframe demand for packaging automotive and industrial chips has slightly dropped, and that for consumer electronics ICs continues to be adversely affected by the ongoing inventory...
Monday 5 December 2022
Taiwan power components makers to strengthen support for Tesla in 2023
Taiwan power component makers are expected to see increasing shipments for EV, industrial control and green energy applications in 2023, and particularly will play a more important...
Wednesday 23 November 2022
Korean battery maker rumored to partner with Chinese maker to expand LFP in US
There have been market rumors about a Korean lithium battery maker planning to work together with a Chinese maker to complement each other's technical advantages even before the US...
Thursday 17 November 2022
Chinese battery makers eyeing huge US IRA business opportunities
Despite US-China tensions remaining intense, Chinese lithium battery cell makers are still eager to set up manufacturing operations in the US, eyeing huge business opportunities brought...
Friday 8 July 2022
Leadframe supply for automotive IC packaging remains tight
Leadframe suppliers including Chang Wah Technology (CWTC), Jih Lin Technology and Shuen Der Industry (SDI) continue to see their supply for automotive IC packaging fall short of demand,...
Wednesday 22 June 2022
Taiwan leadframe makers enjoy brisk orders for automotive power modules
Taiwan-based leadframe makers Jih Lin Technology and Shuen Der Industry (SDI) have seen clear order visibility through the end of 2023, buoyed by strong demand for automotive power...
Wednesday 4 May 2022
LGES 1Q22 revenue beats forecast; Samsung SDI hits reord quarterly profits
South Korea-based battery manufacturers reported strong on-year revenue growths in the first quarter of 2022, according to local news outlets.
Monday 25 April 2022
South Korea challenged by China's tight grip on battery materials
South Korea is facing challenges to expand its electric vehicle (EV) battery industry due to soaring costs of raw materials that are tightly controlled by China.