The penetration rate of low-temperature polysilicon (LTPS) automotive displays has exponentially increased in recent years, thanks to the growth of smart cockpits and advancements in panel manufacturing.
Taiwan-based display driver IC specialist Himax Technologies is firmly the world's top vendor of automotive DDIs with a global market share of 40% after seeing shipments of such chips surge 110% on year in 2021, according to industry sources.
LED epitaxial wafer and chip maker Epistar will increase shipments for mini LED chips used in backlighting of automotive displays beginning in the second quarter of 2022, with such shipments to become a main source of business growth in 2023, according to industry sources.
Taiwan's copper-clad laminates (CCL) makers including Elite Material (EMC), Iteq, and Taiwan Union Technology are all gearing up their deployments in high-frequency offerings for automotive applications, according to industry sources.
Serving the needs of IT and manufacturing customers will drive Wistron ITS' growth in 2022, thanks to rising demand for smart manufacturing technology and alternative-fuel vehicles, the company's chairman and CEO Ching Hsiao said.
Two auto shows, Autotronics Taipei and Taipei AMPA, will take place at the Taipei Nangang Exhibition Center from April 20 to 23, the TAITRA has announced, as the local supply chain gears up for the electric vehicle (EV) market.
The development of EVs has prompted conventional carmakers to reform their business and service models. For example, car subscription services have won the favor of more consumers, according to KPMG Taiwan Industrial Markets head Johnny Chang.
Many countries are targeting smart cities and smart transportation as the technology for 5G and artificial intelligence (AI) matures, with every country executing plans related to people, cars, roads, and networks. Any good smart city plan must provide comprehensive infrastructure, including fiber-optic Internet, smart lamp posts, smart traffic controls, rail communications for public transportation, smart power grids, and urban disaster prevention, all of which are essential pieces of a city's infrastructure.
Rapid development of electric vehicles (EVs) has caused large changes in automotive usage of display panels, namely, more displays used in an EV, increased sizes of EV-use displays and upgrades in EV-use display specifications, according to chairman Paul Peng of AU Optronics (AUO).
The supply chain of Asia's ICT industry has evolved from a PC-driven era to an era led by mobile communication over the past 30 years. The smartphone and notebook markets have driven the ups and downs of the Asian supply chain. Ushering in the booming era intertwined by 5G, low-Earth orbit satellites, EVs, and future cars coupled with emerging diverse applications, leading players of different sectors are advocating a new "application-driven" trend.
Toyota's market capitalization exceeded JPY 40 trillion (US$351 billion) for the first time on January 18, though temporarily. The number is about 60% higher than its market capitalization prior to the COVID-19 pandemic.
India's Hero MotoCorp, the world's largest two-wheeled vehicle brand, is investing more in Ather Energy, an Indian electric two-wheeler startup with the third highest market share in India. The two EV makers are collaborating on building a charging network together.