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Global supply chain: Emerging tech, businesses
Emerging tech, businesses news coverage
IN THE NEWS
Monday 20 March 2023
USI mulls acquiring TE Connectivity's automotive solutions biz
EMS provider Universal Scientific Industrial, a subsidiary of ASE Technology (ASEH), is considering acquiring TE Connectivity's automotive solutions business for an estimated US$48...
Monday 20 March 2023
Qualcomm steps up procurement in Taiwan
Qualcomm has stepped up its procurement from Taiwan, where the chip company is expanding its local operations by adding a new factory building.
Friday 17 March 2023
US provides US$750m funding for clean hydrogen research and development
The US Department of Energy (DOE) announced on March 15 a funding opportunity of US$750 million for research, development, and demonstration efforts to reduce the cost of clean hydrogen...
Friday 17 March 2023
LiDAR provider Hesai first time reports 66.9% revenue increase in 2022
China-based LiDAR provider Hesai Technology released its first public financial report on March 15. The company achieved a 66.9% increase in net revenues in 2022, with product shipment...
Friday 17 March 2023
South Korea’s battery giants are in hot demand from US to Europe
South Korea's biggest battery event of the year turned into a beauty parade of US, European and Australian officials all trying to lure investments to their regions.
Friday 17 March 2023
Chinese automakers spurring self-sufficient supply chain
China's car market, as the biggest in the world, can provide enough momentum to allow the country to develop a self-sufficient supply chain amid expanding US trade sanctions, according...
Friday 17 March 2023
Global EV market grows 55% in 2022 with 59% of EVs sold in China
Worldwide sales of electric vehicles (EV) increased 55% to 10.1 million units in 2022, according to Canalys. China was by far the largest EV market last year, accounting for 59% of...
Friday 17 March 2023
A chip war without winners
It is predicable that the ongoing US-China chip war will follow a difficult and long course, and under fierce attack and defense between the world's two largest economies, there could...
Friday 17 March 2023
Nio signs new agreement with supplier to embrace Tier-0.5 model
China-based EV company Nio signed a strategic cooperation framework agreement with its supplier, Ningbo Tuopu Group, on March 16. The pair will collaborate on a "Tier-0.5" model,...
Friday 17 March 2023
TI promotes 32-bit general-purpose MCUs for edge AI
Texas Instruments (TI) is touting its new 32-bit general-purpose microcontroller unit (MCU) lineup, which can be used in edge AI designs.
Thursday 16 March 2023
Baidu launches Ernie Bot
China's Baidu launched its latest generation of large language model-based, pre-trained AI generative product Ernie Bot (Wenxin Yiyan) on Mar 16. CEO Robin Li demonstrated on-stage...
Thursday 16 March 2023
Volkswagen shows EUR25,000 EV to compete where Tesla has left an opening
Volkswagen AG unveiled an affordable electric vehicle that's a couple years away from production, putting Europe's largest carmaker on a collision course with Tesla Inc.
Thursday 16 March 2023
China makers building own IGBT supply chain for EV applications
Ever-rising demand for electrical vehicles (EVs) is driving fast development of IGBT (insulated gate bipolar transistor) module applications, prompting Chinese semiconductor players...
Thursday 16 March 2023
Major Indian metros witness 50% commercial EV penetration, says Euler Motors
In a major shift towards sustainable transportation, the penetration of commercial electric vehicles (EVs) has as reached as much as 50 percent in some of the major Indian metropolitan...
Thursday 16 March 2023
CATL partners with BAIC for EV battery development
China-based battery maker CATL continues to consolidate relationships with automotive OEMs. The company signed an agreement with Beijing Automotive Group (BAIC) on March 13 to co-develop...