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Wednesday 26 February 2025
Garmin hits record-high revenue in 2024 with another 8% growth expected in 2025
Garmin, the global leader in GPS navigation and smart wearables, has announced its 2024 financial results, reporting a record-breaking revenue of US$6.3 billion, marking a 20% year-over-year...
Wednesday 26 February 2025
Tesla rolls out autopilot in China, edging closer to FSD approval
Tesla has begun rolling out a software update in China, introducing Autopilot driver-assistance features similar to the Full Self-Driving (FSD) system in the US—without explicitly...
Wednesday 26 February 2025
Chinese automakers' race to outpace Tesla comes at a steep cost
Global automakers have long sought to dethrone Tesla, with Chinese manufacturers now aggressively targeting its limited model lineup and sluggish innovation. Yet, the cost of this...
Wednesday 26 February 2025
Hidden visionary behind China's CMOS image sensor revolution
Fueled by the surging demand for CMOS Image Sensor (CIS) components in intelligent driving systems and consumer electronics, Will Semiconductor (WillSemi), the company behind OmniVision,...
Wednesday 26 February 2025
Auto market remains sluggish as Onsemi cuts 9% of workforce
Onsemi has announced a significant restructuring plan in response to the ongoing challenges in the automotive chip market. On February 25, 2025, the company revealed its intention...
Wednesday 26 February 2025
China's intelligent driving surge squeezes third-party suppliers
As China's automotive market embarks on a new wave of intelligent driving democratization, a fresh tug-of-war has begun between car manufacturers and specialized third-party suppliers...
Wednesday 26 February 2025
Layoffs surge at Tier 1 suppliers amid rising costs and EV market slowdown
The wave of layoffs sweeping through the global automotive industry shows no sign of slowing, with major international Tier 1 suppliers--Germany's Continental, Bosch, and ZF--bearing...
Tuesday 25 February 2025
Editor's pick: How Foxconn's CDMS model is game changer for Japan's auto sector
The global electric vehicle (EV) market is evolving rapidly, and Japan's legacy automakers are at the center of the latest industry shakeup. Following the collapse of the Honda-Nissan...
Tuesday 25 February 2025
SYM unveils Taiwan's first motorbike with built-in Apple CarPlay
Sanyang Motor (SYM) introduced its first 2025 model, the TTLBT, on February 24, marking a major milestone as the first domestically produced motorcycle in Taiwan equipped with built-in...
Tuesday 25 February 2025
EV dead end: Nikola's fall highlights financial and supply woes for startups
US-based electric vehicle (EV) startup Nikola has recently filed for bankruptcy protection, a move that comes as no surprise to industry insiders, who view the company as having reached...
Tuesday 25 February 2025
Delta Electronics accelerates robotics push in India with D-Bot cobots, Neura investment
Delta Electronics is ramping up its robotics expansion in India, unveiling the D-Bot collaborative robot (cobot) series at ELECRAMA 2025 to enhance its competitive edge in smart manufacturing...
Tuesday 25 February 2025
Suzuki's US$26.5 billion plan: India at the core of ambitious strategy for growth and electrification
Suzuki Motor Corporation unveiled its new mid-term business plan in February 2025, detailing an ambitious investment of JPY4 trillion (US$26.5 billion) through the end of March 2031...
Monday 24 February 2025
AUO enhances transparency through business group transformation
AUO's multi-year dual-axis transformation strategy has begun showing tangible results. The company has reorganized its operations into three core business pillars, preparing for their...
Monday 24 February 2025
Taiwan ternary lithium battery makers navigate geopolitical pressures amid EV market slowdown
The global electric vehicle (EV) market is experiencing a slowdown, with the projected annual growth rate for 2025 falling behind that of 2024. While market performance varies regionally,...
Monday 24 February 2025
Spec Products aims to lead screw nut industry
Fastener manufacturer Spec Products (Spec) held a pre-listing performance conference on February 19, 2025, during which chairman Zephyr Chang stated he hopes the company will become...