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NEWS TAGGED AUTOMOTIVE
Tuesday 11 February 2025
GiantPlus sees brighter 2025 despite seasonal dip, shifts focus to industrial panels
GiantPlus expects a stronger 2025 as demand trends stabilize, despite a seasonal slowdown in the first quarter. Revenue is set to decline from the previous quarter but should stay...
Tuesday 11 February 2025
Yulon Group accelerates EV adoption in Taiwan and expands global footprint
Yulon Group has reinforced its commitment to accelerating electric vehicle (EV) adoption in Taiwan while expanding its mobility service ecosystem. During its Lunar New Year opening...
Monday 10 February 2025
Taiwan auto supply chain monitoring inflation, Southeast Asia amid changing tariff policies
Prior to the start of US President Donald Trump's second term, he repeatedly indicated that he would take measures to target the energy and automotive industries with the goal of...
Saturday 8 February 2025
Global PMX leverages AI and diversification to drive growth, boost margins
Global PMX, a leading manufacturer of automotive power and safety components, is driving growth through healthcare sector expansion and AI implementation. The company continues to...
Friday 7 February 2025
Renesas operating profit drops 43% in 2024 amid industrial slump
Renesas Electronics Corp., a leading Japanese semiconductor manufacturer, reported significant declines in revenue and profit for the fiscal year 2024 (January–December), primarily...
Friday 7 February 2025
SMI's automotive SSD controller chip becomes first to achieve ASPICE CL3 certification
Silicon Motion Technology Corporation (SMI), a leading provider of NAND flash controllers, has achieved a significant milestone as its PCIe Gen4 SSD controller chip received ASPICE...
Friday 7 February 2025
Panasonic may bid farewell to its former core business; considers exiting TV industry sector
Panasonic, the Japan-based electronics company, may end its television business in 2025. On February 4, 2025, the company announced an organizational restructuring plan for its 2025...
Thursday 6 February 2025
Wah Hong's January revenue grows despite holiday impact, indicating panel industry rebound
Wah Hong Industrial Co. (Wah Hong), the Taiwan-based optical film manufacturer, reported consolidated revenue of NT$653 million (US$20.4 million) in January 2025, achieving a 3.05%...
Thursday 6 February 2025
Trump tariffs threaten global auto parts makers' survival
As new US tariffs take effect and trigger retaliatory measures, automotive component suppliers face mounting challenges that could threaten their very survival.
Wednesday 5 February 2025
Apple's CarPlay 2.0 faces roadblocks as automakers push back
Apple's grand vision for CarPlay 2.0, unveiled at WWDC 2022, aimed to dominate vehicle interfaces by integrating across multiple screens and controlling key functions—potentially...
Wednesday 5 February 2025
Global foundry market shows robust 22% growth in 2024
The global foundry industry concluded 2024 with a remarkable 22% growth compared to the previous year, marking a strong recovery and expansion phase after 2023. This growth was primarily...
Wednesday 5 February 2025
China's automakers accelerate chip push amid US curbs
China's automotive chip industry is gaining momentum in 2025, driven by both external pressures and internal opportunities. In response to US restrictions, Chinese automakers are...
Tuesday 4 February 2025
US tariff chaos undermines North American auto sector, risks investment shift
US President Donald Trump and Canadian Prime Minister Justin Trudeau have agreed to temporarily delay the implementation of a 25% tariff on automobiles, originally set for January...
Tuesday 4 February 2025
NXP records sales slump amid industrial downturn
NXP Semiconductors reported a 9% revenue decline in the fourth quarter of 2024 to US$3.11 billion amid pricing pressures and increased competition. With conservative guidance for...
Tuesday 4 February 2025
Samsung Display revenue falls amid smartphone slowdown, eyes AI-driven growth
According to the latest Samsung Display financial results for 2024, the panel provider registered sales of KRW29.2 trillion (US$19.99 billion), marking only the second time since...