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NEWS TAGGED AUTOMOTIVE COMPONENT
Friday 15 November 2024
Global PMX presses forward with Mexico expansion, defying industry caution amid EV transition
Global PMX, an automotive component manufacturer, is strengthening investments in Mexico, despite cautious sentiment across the auto and ICT sectors since President-Elect Trump's...
Thursday 7 November 2024
Toyota suppliers cut fiscal guidance amid sluggish sales and production cuts
Toyota's major automotive component suppliers have revised their financial guidance downward for the fiscal year ending in March, according to their latest financial results.
Tuesday 1 October 2024
Taiwan automotive suppliers maintain optimism for 4Q24
With stable sales of gasoline and hybrid vehicles throughout the year, the impact of slowing electric vehicle growth has been mitigated. Most automotive component suppliers maintain...
Thursday 8 August 2024
Indian Motherson reportedly to form JV with BIEL in supplying iPhone glasses
India-based automotive component supplier Motherson Group is reportedly set to form a joint venture with Hong Kong-based BIEL Crystal Manufactory in Tamil Nadu, where Apple suppliers...
Friday 19 April 2024
CFTC to embrace growth in 2024, with steady automotive and rising HDD orders
As the global EV market experiences a slowdown, and even market leader Tesla is forced to begin layoffs, high-end precision stamping company China Fineblanking Technology (CFTC) has...
Friday 19 April 2024
Centralized automotive computing to become mainstream by 2028, says TI
Texas Instruments (TI) is showcasing an array of new automotive technologies at this year's E-Mobility Taiwan trade show, including Battery Management Systems (BMS), radars, charging...
Wednesday 13 March 2024
Taiwan has yet to rush into automotive software despite its inexperience
Only a few Taiwan-based companies engage in the Arm-led SOAFEE platform, specifically built for software-defined vehicles, showing that Taiwan's industry supply chain deployment in...
Friday 29 December 2023
Automotive power device maker Actron eyes over 10% on-year sales increase in 2024
Actron Technology, a major Taiwanese automotive diode supplier, is optimistic about its operation in 2024 and expects a double-digit on-year sales growth, according to company president...
Friday 29 December 2023
Everlight expects compound semiconductor packaging and testing, automotive businesses to grow in 2024
Everlight Electronics expects its compound semiconductor packaging and testing business to enjoy robust growth in 2024, according to the LED packaging house. It expects related orders...
Thursday 30 November 2023
SuperAlloy upbeat about EV demand
SuperAlloy Industrial, an automotive wheel rim manufacturer, is bullish on forged aluminum wheel demand for mid-to-high-end electric vehicles.
Tuesday 14 November 2023
Ability Enterprise eyes high profits with stellar performance for 3Q23
Digital camera assembly company Ability Enterprise has been undergoing a transition in the past few years, as outlined by its general manager Chang Hsiao-chi during its quarterly...
Wednesday 6 September 2023
Chinese SiC crystal growth factories landing long-term contracts from first-tier customers
China's SiC crystal growth industry is witnessing exponential growth this year. Several factories have agreed to long-term partnerships with big-name international companies. The...
Tuesday 15 August 2023
Auto chip prices unlikely to drop in Europe
Automotive-grade IC prices are unlikely to drop in the short term, as production costs are rising and major European suppliers are increasing investments in expanding their manufacturing...
Thursday 13 July 2023
LG Electronics targets KRW20 trillion in automotive component sales by 2030
Automotive electronics will drive LG Electronics' growth in the coming years. The company announced on July 12 that it aims to reach KRW20 trillion in car component segment revenue...
Monday 10 July 2023
Chinese, South Korean suppliers rising as automotive component demand changes
Demand for car components is transforming thanks to automotive electrification and widespread driver-assisted technologies. The situation has caused changes in the top automotive...