MEMS-based sensing solution supplier Aceinna is bringing its high-precision positioning sensor system INS401 to the automotive market, noting that its goal is to reduce the costs of integrating high-precision sensors in automobiles for carmakers.
Within the Taiwan EV supply chain's five major sectors including components and end charging pile products, there are around 20 firms running businesses such as exporting products to markets abroad and providing services locally and they are expected to see enormous business opportunities in the upcoming years thanks to governments worldwide pushing to end gasoline car sales, according to DIGITIMES Research's latest study on the EV charging pile industry.
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 its sales reach in the China EV market, according to Japanese media reports.
CES 2023 showed how technology has transformed the future of mobility. Everyone can see automakers and tech firms grow closer. Software-defined vehicles take the center stage. The most noteworthy highlight is "smart cockpit."
The displays market has been feeling the pinch of the global economic downturn, except for automotive applications that stand a good chance of seeing strong shipments in 2023, with South Korean panel suppliers taking a dominant position in the automotive OLED segment.
Municipalities in China are trying to maintain the EV momentum after the national subsidy program ended last year. Shenzhen just released its financial policies to support the development of a new energy vehicle (NEV) supply chain by 2025, from components supply to the end market.
Infineon announced on Feb 16 that it has received approval from the German government to start construction of its new fab in Dresden, Germany. In addition to grants from the European Chips Act, the company is seeking public funding for the new plant.
The wave of import substitution in China's semiconductor sector, coupled with the strong demand from the EV market, has led many Chinese MCU (microcontroller unit) suppliers planning to enter the automotive MCU sector. For now, Chinese MCU suppliers mostly begin with products like chassis control, dashboard, and touch screen. Only a few suppliers have products for high-end applications like V2X and ADAS.
The US Department of Transportation released the EV charging standards on February 15 to ensure a predictable charging experience. Following the regulation, all charging stations funded by the federal government must contain at least 55% of US-made components by July 2024.
Japan's silicon wafer maker Sumco expects a slight sequential fall in overall shipments of its 12-inch products in the first quarter of 2023, driven by weaker demand for memory and logic chips, but wafer demand for automotive applications remains as robust as usual.
Automotive suppliers are shifting their business focus to adapt to the changing market. Magna International announced on Monday that it has secured new businesses from General Motors to make battery enclosures. The tier-1 supplier has been expanding its production site due to growing demand.