Germany-based semiconductor IDM Infineon reported a sequential decline in revenue for the first quarter of FY2023 (quarter ended on Dec 30, 2022). The company cited weakening demand...

Through its recent acquisition of ABB's power conversion division, Taiwan-based AcBel Polytech is looking to grow its US client portfolio, according to the company's newly appointed...

While COVID-19 posed a great challenge for China's automotive industry last year, the country saw its new energy vehicle (NEV) market grow. According to China Passenger Car Association...

Volkswagen Group CEO Oliver Blume is visiting China. He said the country's automotive market will make a robust comeback in the second half of this year. In addition, Blume also stated...

The semiconductor market is expected to experience U-shaped recovery, according to Prince Yun, president of Asia Pacific at Avnet, an international IC distributor.

Falling lithium carbonate prices in China are giving a reprieve to battery and electric vehicle makers, promising improvements to the overall industry structure, according to reports...

Demand for custom-built chips from system vendors remains promising for OSATs that offer high-end backend services, such as ASE Technology (ASEH), Amkor Technology and Powertech Technology...

US-based SiC and GaN technologies provider Wolfspeed announced on February 1 a plan to build its first SiC fab in Europe. The project, which aims to start construction this year,...

International IDMs are entering a new wave of price competition for their auto-use mmWave radar chips solutions, which see increasing penetration as vehicles undergo electrification,...

Offshore wind farm developer Formosa 2 Wind Power has completed installation of all of the 47 offshore wind turbines on the Formosa 2 offshore wind farm covering water area of 68.81...

Wolfspeed today announced the company will be supplying Silicon Carbide devices to power future Mercedes-Benz Electric Vehicle (EV) platforms, enabling greater efficiency in the powertrain...

With the popularization of automotive electronics, especially ADAS and L2+ self-driving, the mmWave radar has become a required sensory component - a rigid demand. With Tesla, which...

Hyundai Motor Group (HMG) announced its total annual sales throughout 2022 grew slightly by 1.4% on-year to 3.94 million units; global annual revenue reached KRW142.5 trillion (US$120...

Automotive electrification facilitates the growth of new EV companies. According to DIGITIMES Research, emerging businesses tend to rely on contract manufacturers for car-making,...

Founded in 2015, WeMo Scooter provides new transportation alternatives to city dwellers by embracing visions of sharing economy, green energy, and environmental conservation. Having...