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Tuesday 8 April 2025
South Korean firms' decades-long US cultivation: Shield against protectionism?
On April 2, 2025, US President Donald Trump announced a new round of tariffs, imposing rates as high as 46% on products from Vietnam, 34% on those from China, 32% on Indonesia, and 26% on goods from India—key regions where many South Korean companies have production hubs. This escalation threatens to disrupt the complex global supply chains of these firms. However, for businesses like Hanwha Solutions and OCI, which run solar energy plants in the US, the changing geopolitical landscape could strengthen their competitive position.
Tuesday 8 April 2025
China chokes rare earth supply; robotics sector braces for impact
China has imposed new export restrictions on seven medium and heavy rare earth elements—samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium—through a joint directive from the Ministry of Commerce and the General Administration of Customs. Although intended to curb US access, the move could have far-reaching consequences, with potential disruptions across the robotics sector and its broader supply chain.
Tuesday 8 April 2025
Price slashing: An inescapable peril for China's auto industry
Although China's automobile industry has overtaken its competitors on the global stage, the industry itself is suffering from ever-increasing internal competition, with supply chain players pointing to homogeneity as the main culprit.
Thursday 3 April 2025
Watch: A 10-minute recap of Trump's "kind" reciprocal tariff plan
In his "Liberation Day" speech on April 2, former U.S. President Donald Trump singled out key players in the global tech and trade landscape — including TSMC, its chairman C.C. Wei, Taiwan, South Korea, Japan, and notably China's President Xi Jinping — as he unveiled a sweeping reciprocal tariff plan aimed at bringing manufacturing back to America.
Wednesday 2 April 2025
Chinese automakers push autonomous driving forward, challenging Tesla
Chinese companies like BYD are now leaders in autonomous driving technology, bolstered by a strong ecosystem and government support, putting significant pressure on Tesla.
Tuesday 1 April 2025
Pre-US auto tariffs buying frenzy fuels supply chain woes
The US auto industry is experiencing a purchasing frenzy ahead of the 25% tariff set to take effect on April 3 under President Donald Trump. The tariff will be expanded on May 3 to include components like engines and transmissions, exacerbating concerns in both domestic and international supply chains.
Friday 28 March 2025
Chinese SiC market slump has limited impact on ACME Electronics as company focuses on global expansion
Silicon carbide (SiC) supply chain prices have collapsed due to China's production capacity expansion, creating a challenging market environment for the first half of 2025, according to ACME Electronics General Manager Wen-Hao Wu. Despite these headwinds, ACME Electronics—which specializes in manganese-zinc/nickel-zinc soft ferrite cores and SiC powders—reports minimal impact due to its focus on markets outside China.
Friday 28 March 2025
Taiwan automakers urges government not to lower car import tax despite Trump's 25% tariff
In response to US President Donald Trump's announcement that a 25% tariff will be imposed on cars coming into the US starting on April 2, the Taiwan Transportation Vehicle Manufacturers Association (TTVMA) has issued a statement urging Taiwan's government to conduct a comprehensive and careful evaluation when formulating tariff policies, taking into account the long-term development of the industry.
Friday 28 March 2025
Michigan and Mexico factories to help EOI weather Trump's auto tariffs
US President Donald Trump's announcement of a 25% tariff on cars imported to the US has garnered attention from the automotive supply chain, including Taiwanese LED car module manufacturer Excellence Opto (EOI).
Friday 28 March 2025
South Korean firms overtake Japanese rivals in high-end auto display market for the first time
South Korean display makers have surpassed Japanese manufacturers in the global high-end automotive display market for the first time. In the future, LG Display (LGD) and Samsung Display (SDC) will focus on developing high-end products to expand their business.
Wednesday 26 March 2025
China seizes auto display lead on EV tailwinds; Taiwan bets on high-end
The global auto display panel market is expanding rapidly amid rising demand for smart and electric vehicles. China is gaining ground as a major supplier, fueled by its fast-growing new energy vehicle (NEV) sector. Taiwanese makers AUO and Innolux are carving out positions in the high-end segment through advanced display technologies.
Wednesday 26 March 2025
IC distributors upbeat about 2025 prospects given end of inventory adjustments for industrial and automotive chips
IC distributors have expressed optimism regarding the semiconductor market outlook for 2025, generally believing that overall circumstances will exceed those of 2024. They anticipate that a variety of applications will experience growth in comparison to the previous year.
Tuesday 25 March 2025
BYD Electronics reports net profit of CNY4.27B in fiscal year 2024, up 5.55%
BYD Electronics reported its full-year financial results for 2024, with revenue rising 36.43% year-over-year to CNY177.306 billion (approx. US$24.45 billion). Gross profit increased 17.9% to CNY12.3 billion, while net income attributable to shareholders reached CNY4.27 billion, up 5.55% from the previous year. EBITDA surged 45.21% to CNY11.66 billion. Earnings per share stood at CNY1.89, and the company proposed a final dividend of CNY0.568, slightly higher than last year's CNY0.538.
Tuesday 25 March 2025
Hyundai commits US$21B to boost US production, supply chain, and future mobility
Hyundai Motor Group is making a bold US$21 billion bet on the US economy between 2025 and 2028, targeting key B2B sectors across manufacturing, supply chain logistics, steel production, and next-gen mobility technologies.
Monday 24 March 2025
Tesla reportedly talking to Tata for EV component sourcing
Tesla is reportedly talking to local suppliers, including those from Tata, amid its supply chain diversification away from China and Taiwan. This move aligns with its goal to sell cars in India, where incentives are available for EV manufacturers that produce locally.
Monday 24 March 2025
Toppan exits LCD panel production with Giantplus divestment, strengthening partnership for 2025 growth
Japanese company Toppan Holdings has decided to divest all its 53.1% stake in Taiwan-based Giantplus Technology, a manufacturer of small and medium-sized LCD panels, marking its exit from panel production. However, Toppan will continue to procure panels from Giantplus, a move expected to boost the latter's revenue and reinforce optimism for 2025.
Monday 24 March 2025
Disruption Index 2025: Automotive sector hit hardest, parts costs surpass tariff concerns
In 2025, the automotive industry is projected to surpass healthcare, technology, and financial services for the first time to become the sector most impacted by disruptive changes globally, making it face the most significant transformation, according to the latest Disruption Index 2025 report by consulting firm AlixPartners.
Friday 21 March 2025
Hushan expanding production capacity for auto parts
Hushan Autoparts, the world's largest car door handle manufacturer and a CAPA-certified automotive camera and sensor supplier, started trading on Taiwan's stock market on March 18, 2025.
Friday 21 March 2025
Automakers' pivot to robotics: Future-proof strategy or distraction?
Chinese manufacturers' embrace of DeepSeek for autonomous driving raises questions for global players and their Taiwanese suppliers.
Thursday 20 March 2025
Toyota-Honda alliance evolves as Trump tariffs pressure auto market
With US President Donald Trump's tariffs reshaping the auto industry, Japanese carmakers are taking a low-profile yet strategic approach—expanding investments in the US market. However, tariffs complicate cross-border supply chains, and setting up new manufacturing facilities is a slow-moving solution.
Wednesday 19 March 2025
Tariff blitz hits auto supply chain—component suppliers fight back
US President Donald Trump's sweeping tariffs are disrupting the automotive industry. The US imposed a 25% tariff on imported steel and aluminum on March 12, with another 25% tariff on imports from Canada and Mexico scheduled for April 2. These measures threaten the auto sector, which depends on seamless cross-border supply chains.
Tuesday 18 March 2025
Demand for Chinese autonomous vehicle brands rises, fueling supply chain growth momentum
According to the China Association of Automobile Manufacturers, China's automobile export volume reached 5.859 million units in 2024, representing a year-over-year increase of 19.3%. This includes 4.574 million internal combustion engine vehicles and 1.284 million new energy vehicles.
Monday 17 March 2025
Auto industry in flux: Foxconn emerges as wildcard in global restructuring
The global auto industry is in flux, reshaped by advances in automotive electronics and electrification alongside the rise of Chinese EV makers. Traditional supply chains in Europe, the US, Japan, and South Korea are under pressure, while trade barriers add to the turbulence. Amid the sector's restructuring, the Foxconn Group has emerged as a wildcard in merger discussions, elevating Taiwan's presence on the global stage.
Monday 17 March 2025
Lack of domestic car brands hamstrings Taiwan auto parts suppliers in pricing power
Taiwan has a robust automotive components industry, but the absence of domestic car brands has long been a missing piece in the puzzle. This structural gap weakens the industry's pricing power, putting local suppliers at a disadvantage compared to competitors in China, Japan, South Korea, and Thailand.
Monday 17 March 2025
Liquid-cooled ultrafast chargers to become new star of cutting EV down time, says DIGITIMES
As the global electric vehicle (EV) market grows, key regions such as China, Europe, and the US face challenges due to high EV-per-charger ratios in direct current (DC) charging infrastructure since the imbalance has led to longer waiting times for EV owners, according to DIGITIMES' latest finding in its latest report, which added that the introduction of liquid-cooled ultrafast charging systems appears to have emerged as an optimal solution for high-power charging to address charging anxiety.