Apr 19, 09:56
TSMC's earnings call points to AI HPC as sole driver
TSMC offered its take on market developments at its quarterly earnings call on April 18: while demand for AI-related high-performance computing (HPC) continues to grow, the same cannot be said for other applications.
Facing challenges like being outsold by BYD in New Energy Vehicle (NEV) sales and significant layoffs, Tesla has now been overtaken by another Chinese competitor in the Chinese market in the first quarter, according to recent data.
Foxconn chairman Young Liu notes that current headwinds in the global electric vehicle (EV) market have been long expected, although turmoil has come earlier than predicted; however, this will not be a significant obstacle in Foxconn's business model.
Leading automotive IDMs are facing increasing competition, with STMicroelectronics (ST) trailing closely behind second-placed NXP Semiconductors, according to TechInsights.
NXP, one of the world's top five automotive chip IDMs, recently launched the S32 CoreRide open platform for software-defined vehicles (SDV). Supply chain sources said software companies that join the platform account for 70% to 80% of the global automotive firmware and middleware market, which is the product's highlight.
US states like Arizona and New Mexico are expected to become more tempting for investments, partly thanks to an EV cluster that will emerge in the southwestern US and northern Mexico. The border states will also play a crucial role in achieving the US goal of raising local production rate.
LG Innotek and the automotive electronics division of LG Electronics recently visited Hyundai Motor Group's R&D hub. The industry has been wondering whether the two sides will expand their collaboration in the car sector.
To prepare for the arrival of the V2X era, automotive component maker Coplus is gradually carrying out the plan to expand its product lineup to include exterior modifications for the entire vehicle. Smart automotive components such as AI-illuminated wheel rims, electronic rearview mirrors, AI shock absorbers, and more can be connected to vehicle systems or big data platforms via V2X to share data and information.
E-Lead Electronic, a leading supplier of automotive Head-Up Displays (HUD) and infotainment systems, is looking to enhance its smart cockpit offerings in 2024 with 3D HUDs, Panoramic HUDs (PHUD), and AI virtual personal assistants (AI VPA).
Taiwan-based HD Renewable Energy (HDRE) is expanding its business scope from energy storage and solar energy to EV charging. Jason Chou, HDRE's general manager, said the company will establish joint ventures in Taiwan with local partner Shihlin Electric &Engineering. The pair plans to bring their charging venture to Japan.
PCB manufacturers are upbeat about the long-term demand prospects for automotive PCBs notwithstanding the recent decline in car demand.
EV manufacturer Tesla saw its first-quarter sales in 2024 fall short of expectations. Recently, it slashed the price of its Full Self-Driving (FSD) subscription in the US and Canada in half, dropping the monthly subscription price from US$199 to US$99, according to reports.