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...
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...
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...
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...
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...
The automotive industry's stringent safety and reliability requirements are presenting significant challenges to the Chinese government's ongoing push to increase the localization...
Taiwan-based Global PMX, a major manufacturer of automotive powertrain and safety components, has successfully expanded its presence in AI-powered digital healthcare and other sectors...
The European Union (EU) has raised carbon emission standards to 93.6g/km starting in 2025, leading to penalties that could reach EUR15 billion (US$15.6 billion), according to the...
On his first day back in the White House, President Donald Trump issued a series of orders, notably revoking electric vehicle (EV) subsidies and vowing to revive the glory of the...
Artificial intelligence (AI) is transforming industries at an unprecedented pace, and Sintrones Electronics is capitalizing on emerging opportunities in vertical application markets...
Texas Instruments (TI)'s latest financial results for the fourth quarter show a nuanced performance, with overall revenue slightly declining yet exceeding market forecasts, indicating...
According to a report by Fortune Business Insights, the global automotive aftermarket (AM) market reached US$418.95 billion in 2023 and is projected to grow at a compound...
Chinese automobiles have consecutively secured the title of the world's largest automobile exporter in 2023 and 2024. Despite being impacted by the trade war surrounding battery electric...
Xiaomi recently announced that the Xiaomi SU7 had surpassed the Tesla Model 3 in terms of vehicle deliveries in December 2024, thereby achieving a position among the top 5 in China's...
