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Friday 24 February 2023
AV vehicle costs to continue declining as supply chain localizes, says Baidu
Baidu announced that it is integrating its AIGC service Ernie Bot across Baidu's operations to enhance user experience. There are also plans for Ernie Bot to be integrated into Apollo...
Friday 24 February 2023
RichWave expects slight revenue growth in 2023
RichWave Technology, which specializes in Wi-Fi FEM (front-end module) solutions, expects modest revenue growth this year after posting a 35.5% revenue decline in 2022.
Thursday 23 February 2023
Baidu to integrate AIGC into its app, cloud and search services
Baidu announced that it is launching an upgraded version of Ernie Bot 3.0 (Wen Xin Yi Yan) in March, 2023. As Baidu's answer to ChatGPT, the AI-generative content (AIGC) service will...
Thursday 23 February 2023
Stellantis enjoys 41% BEV sales increase in 2022, saying strong orders will protect it through 1H 2023
Stellantis posted record financial results on Wednesday, with battery EV sales jumping 41% and adjusted operating income growing 29% in 2022. CEO Carlos Tavares said a strong order...
Thursday 23 February 2023
Polysilicon imports into China drop again
After an interim high in 2021, polysilicon imports into China dropped again in 2022, says Germany-based Bernreuter Research. According to Chinese customs statistics, imports of the...
Thursday 23 February 2023
Dimerco insights: Logistics peak season expected to come back in 4Q 2023
Global supply chains have experienced many disruptions in recent years, pushing logistics company Dimerco to adapt operations to create more opportunities. George Chiou, Dimerco's...
Thursday 23 February 2023
Sunwoda reportedly to raise fresh funds before IPO in June
To meet the rapidly-increasing demand for EV batteries, Shenzhen-based unicorn Sunwoda reportedly is to raise money before its IPO plan expected in June.
Thursday 23 February 2023
Foxconn chairman pays visit to China
Hon Hai Precision Industry (Foxconn) chairman Young Liu recently paid a brief visit to the company's factory sites in China, including its Zhengzhou plant which primarily fulfills...
Wednesday 22 February 2023
EV Impact: innovation in key components and applications
Chip shortage resulted in around 4 million fewer vehicles being built in 2022. We can expect automotive chip shortages to continue throughout 2023. Since many automotive microcontrollers...
Wednesday 22 February 2023
Samsung, SK Hynix might not be able to produce next-gen memory in China in 3-5 years, warns expert
It would be almost impossible for Samsung Electronics and SK Hynix to produce next-generation memory chips in China in 3-5 years at the latest as a result of the US tightening semiconductor...
Wednesday 22 February 2023
Guangzhou establishes US$29 billion funds for semiconductor
China's Guangzhou city recently announced the establishment of two funds of funds (FoFs): the CNY150 billion (US$21.8 billion) Guangzhou industrial investment FoF and the CNY50 billion...
Wednesday 22 February 2023
China auto vendors keen to use homegrown chips
In keeping with the government's aim for IC self-sufficiency, Chinese auto vendors have become more eager to employ chips from the home market, according to industry sources.
Wednesday 22 February 2023
China OSATs drop prices for mature ICs
Chinese OSATs JCET, Tongfu Microelectronics, and HT-Tech are reportedly lowering prices to attract orders for mature ICs while also making progress in advanced packaging technology...
Tuesday 21 February 2023
Nidec opens new plant, R&D center in Dalian, China
Japan's electrical vehicle drive system (e-Alxe) maker Nidec is slated to inaugurate its second plant and new R&D center in China's northeastern city Dalian, aiming to strengthen...
Tuesday 21 February 2023
China AI chip vendor Cambricon faces operating hurdles
China's major AI chip developer Cambricon Technologies, which was just blacklisted by the US in December 2022, is seeing its operation prospects further dimmed by serious losses and...