CONNECT WITH US
NEWS TAGGED AUTOMOTIVE
Saturday 8 February 2025
Global PMX leverages AI and diversification to drive growth, boost margins
Global PMX, a leading manufacturer of automotive power and safety components, is driving growth through healthcare sector expansion and AI implementation. The company continues to...
Friday 7 February 2025
Renesas operating profit drops 43% in 2024 amid industrial slump
Renesas Electronics Corp., a leading Japanese semiconductor manufacturer, reported significant declines in revenue and profit for the fiscal year 2024 (January–December), primarily...
Friday 7 February 2025
SMI's automotive SSD controller chip becomes first to achieve ASPICE CL3 certification
Silicon Motion Technology Corporation (SMI), a leading provider of NAND flash controllers, has achieved a significant milestone as its PCIe Gen4 SSD controller chip received ASPICE...
Friday 7 February 2025
Panasonic may bid farewell to its former core business; considers exiting TV industry sector
Panasonic, the Japan-based electronics company, may end its television business in 2025. On February 4, 2025, the company announced an organizational restructuring plan for its 2025...
Thursday 6 February 2025
Wah Hong's January revenue grows despite holiday impact, indicating panel industry rebound
Wah Hong Industrial Co. (Wah Hong), the Taiwan-based optical film manufacturer, reported consolidated revenue of NT$653 million (US$20.4 million) in January 2025, achieving a 3.05%...
Thursday 6 February 2025
Trump tariffs threaten global auto parts makers' survival
As new US tariffs take effect and trigger retaliatory measures, automotive component suppliers face mounting challenges that could threaten their very survival.
Wednesday 5 February 2025
Apple's CarPlay 2.0 faces roadblocks as automakers push back
Apple's grand vision for CarPlay 2.0, unveiled at WWDC 2022, aimed to dominate vehicle interfaces by integrating across multiple screens and controlling key functions—potentially...
Wednesday 5 February 2025
Global foundry market shows robust 22% growth in 2024
The global foundry industry concluded 2024 with a remarkable 22% growth compared to the previous year, marking a strong recovery and expansion phase after 2023. This growth was primarily...
Wednesday 5 February 2025
China's automakers accelerate chip push amid US curbs
China's automotive chip industry is gaining momentum in 2025, driven by both external pressures and internal opportunities. In response to US restrictions, Chinese automakers are...
Tuesday 4 February 2025
US tariff chaos undermines North American auto sector, risks investment shift
US President Donald Trump and Canadian Prime Minister Justin Trudeau have agreed to temporarily delay the implementation of a 25% tariff on automobiles, originally set for January...
Tuesday 4 February 2025
NXP records sales slump amid industrial downturn
NXP Semiconductors reported a 9% revenue decline in the fourth quarter of 2024 to US$3.11 billion amid pricing pressures and increased competition. With conservative guidance for...
Tuesday 4 February 2025
Samsung Display revenue falls amid smartphone slowdown, eyes AI-driven growth
According to the latest Samsung Display financial results for 2024, the panel provider registered sales of KRW29.2 trillion (US$19.99 billion), marking only the second time since...
Tuesday 4 February 2025
Trump tariff roils auto lighting supply chain, US shift proves unviable
Recently, US President Donald Trump revealed a 25% tariff on imports from Mexico and Canada, posing a significant threat to the automotive industry. With six of the world's top ten...
Monday 3 February 2025
Trump's tariff gamble puts North America's auto industry on edge
The Biden administration is set to impose a 25% tariff on imported goods from Canada and Mexico, with the automotive sector taking the hardest hit.
Monday 3 February 2025
STMicro's worst year in decades: sales drop, job cuts amid continuous market slump
STMicroelectronics (STMicro) plans to cut 2,000 to 3,000 jobs, approximately 6% of its global workforce, through early retirement programs or natural attrition as it grapples with...