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Monday 11 November 2024
BYD closing in on Ford deliveries after besting Tesla on revenue
Fresh from besting Tesla Inc. on quarterly revenue for the first time as an electric vehicle company, BYD now has legacy automakers in its sight.
Monday 11 November 2024
SK On achieves first-ever profit, powered by 4 key success factors
SK On, SK Innovation's battery manufacturing subsidiary, posted its first quarterly operating profit of KRW24 billion (approx. US$17.19 million) since becoming independent in October...
Monday 11 November 2024
India-based Tessolve acquires German IC design house
Tessolve, an India-based semiconductor engineering firm owned by Hero, the world's largest two-wheeler brand, has acquired German-based IC design house Dream Chip Technologies. This...
Monday 11 November 2024
US chip curbs boost Huawei's lead in China's autonomous vehicle race
With US restrictions on China's semiconductor sector affecting its intelligent vehicle development, Huawei has emerged as a crucial player in advancing the nation's autonomous driving...
Monday 11 November 2024
China's auto sector embraces Huawei as a partner, but tensions linger
China's automotive industry is steering into an era of intelligent vehicles in 2024, propelled by advances in new energy technology. After years of hesitation, automakers are now...
Friday 8 November 2024
Japan's Denso taps Telangana for automotive innovation hub in India
The Telangana government has formed a partnership with Japanese technology firm Denso to establish the state as a premier hub for the automotive industry. This collaboration will...
Friday 8 November 2024
Burgeoning automotive, AI applications drive growth for non-OEM PCB player Eikei
Taiwan-based Eikei, a specialist in non-OEM PCBs, is poised for substantial growth in both revenue and profit in 2025, driven by increasing demand for PCBs in automotive, AI, and...
Friday 8 November 2024
Trump's Mexico tariff threat could reshape global auto supply chain
With Donald Trump set to return to the White House, he's pledging a platform of low taxes, high tariffs, strict immigration policies, and opposition to the Green New Deal, raising...
Thursday 7 November 2024
Wah Hong expands to 3D snapshot sensors to enhance drone and EV applications
Optical film manufacturer Wah Hong Industrial Corp has reported that its cumulative pre-tax net profit for the third quarter of 2024 reached NT$410 million (approx. US$12.7 million),...
Thursday 7 November 2024
Chinese lithium battery makers face domestic price wars amid global expansion hurdles
Despite their dominance of over 60% of the global lithium battery market, Chinese manufacturers are increasingly seeking to expand abroad to escape fierce competition and price wars...
Thursday 7 November 2024
Toyota suppliers cut fiscal guidance amid sluggish sales and production cuts
Toyota's major automotive component suppliers have revised their financial guidance downward for the fiscal year ending in March, according to their latest financial results.
Thursday 7 November 2024
European automakers face continued challenges in auto industry electrification
The transition of Europe's automotive industry to electric has encountered challenges in 2024, leading to significant setbacks for European car manufacturers. To date, European automakers...
Wednesday 6 November 2024
Tesla loses monthly EV sales crown to BMW in Taiwan
In October 2024, the number of electric vehicles (EVs) registered in the Taiwan market reached 2,297 units, achieving a market share of 6.9%. However, this figure represents a significant...
Wednesday 6 November 2024
Qorvo maintains UWB positioning edge amid Bluetooth, SparkLink Alliance competition
As ultra-wideband (UWB) technology matures and market demand increases, UWB is gradually entering the automotive and consumer electronics sectors. Its remarkable performance in digital...
Wednesday 6 November 2024
Polarizer firms CMMT boosts high-value product deployment
Polarizer manufacturer Cheng Mei Materials Technology (CMMT) has stepped up its deployment in high-value product segments to alleviate the impact of oversupply in the LCD market which...