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Friday 19 April 2024
Centralized automotive computing to become mainstream by 2028, says TI
Texas Instruments (TI) is showcasing an array of new automotive technologies at this year's E-Mobility Taiwan trade show, including Battery Management Systems (BMS), radars, charging modules, Advanced Driver Assistance Systems (ADAS), and zone control design concepts.
Thursday 18 April 2024
Tesla overtaken by another Chinese competitor in NEV market in China
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.
Thursday 18 April 2024
New business models keeping Foxconn on track for 2025 EV targets, says chairman Young Liu
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.
Thursday 18 April 2024
Will potential vulnerability of new NXP SDV platform shake up global car market?
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.
Wednesday 17 April 2024
Edge AI and mobility trends stoking demand for rugged computers
As Artificial Intelligence (AI) applications continue to materialize, there is an increasing demand for rugged computing products. This has enabled numerous Industrial PC (IPC) makers, such as Winmate, Neousys Technology, Ubiqconn Technology, and Vecow to capitalize on the rising trend of edge computing and mobility.
Tuesday 16 April 2024
Xiaomi SU7 launch lies in China's EV proficiency
Global EV sales volume grew by 30% in 2023.
Tuesday 16 April 2024
Taiwan-based Global PMX joins Xiaomi's EV supply chain
Xiaomi is ramping up deliveries of its first EV, SU7, as more suppliers are revealed.
Tuesday 16 April 2024
BHTC to make debut after acquisition by AUO at Touch Taiwan 2024
The Germany-based Behr-Hella Thermocontrol GmbH (BHTC) is set to make its debut after being acquired by AUO at the 2024 Touch Taiwan exhibition.
Tuesday 16 April 2024
Tesla will reduce over 10% global headcount as it awaits the next growth driver
Citing costs and productivity, Tesla informed its employees on April 15 that it plans to cut 10% of its workforce worldwide. The news came after Tesla reported a decreased delivery for the first quarter of 2024 amid soft EV demand.
Monday 15 April 2024
Low-profile nFore penetrates global vehicles with leading communication modules
Taiwan-headquartered nFore has captured the attention of European and US automakers, with some visiting the company's site in private. The traction gained as carmakers found a significant portion of nFore's Digital Signal Processing (DSP) solutions when tearing down competitors' Telematics-Box (T-Box) and analyzing their software.
Monday 15 April 2024
India roundup: Elon Musk visit to India may entail an EV plant
Elon Musk is scheduled to visit India and meet with Indian Prime Minister Narendra Modi. Global IC design houses speeded up investments in India by setting up global capability centers.
Friday 12 April 2024
India's Tamil Nadu state to pull out all stops to attract Musk
India's southern state of Tamil Nadu will aggressively pitch itself as a manufacturing site for Tesla Inc. as speculation builds about the US company's planned investments ahead of billionaire Elon Musk's visit.
Friday 12 April 2024
EV parts driving revenue growth for Taiwanese suppliers
Taiwan-based automotive suppliers have seen their years-long efforts in EV components bear fruit.
Friday 12 April 2024
Foxtron breaks ground for new electric bus plant in southern Taiwan
Foxtron Vehicle Technologies, a Hon Hai (Foxconn) subsidiary, held its groundbreaking ceremony for its new electric bus factory at the Ciaotou Science and Technology Park on April 11.
Friday 12 April 2024
Volkswagen invests EUR2.5 billion in China to boost innovation, jointly-built EVs with Xpeng
Volkswagen committed to a new investment in China. The carmaker said on April 11 that it will invest EUR2.5 billion (US$2.67 billion) in its Hefei site to facilitate innovation and the production of two EVs it is developing with Xpeng.
Friday 12 April 2024
Panasonic, Indian Oil to storm Indian EV market with battery joint venture
Panasonic making inroads into the automotive battery market.
Thursday 11 April 2024
China's home appliance giant scales EV capabilities as agreement with Nio secured
Chinese home appliance manufacturer Midea Group signed a strategic partnership with EV company Nio to develop EV components and other technology.
Thursday 11 April 2024
Tesla CEO plans second meeting with Indian PM, potentially announcing EV plant amidst rising global EV trade tensions
In just ten months, Tesla CEO Elon Musk plans to meet Indian Prime Minister Narendra Modi for the second time, a move that may entail announcing an EV manufacturing facility and positioning India as an emerging EV production hub to prevent Chinese-made EVs from flooding the world.
Thursday 11 April 2024
Tesla's FSD endeavor faces obstacles in China
Opinions diverge on whether Tesla's vehicles with Full Self-Driving (FSD) capabilities will enter the Chinese market this summer as planned.
Wednesday 10 April 2024
Hiroca to expand production in Mexico as profits rise
Automotive suppliers have increased their investment in the US and Mexico in recent years, aiming to offset geopolitical impacts.
Tuesday 9 April 2024
Tesla vs BYD: Who will win?
Tesla and BYD both aim to expand global footprints by diversifying production
Tuesday 9 April 2024
Is Apple CarPlay on track to lose momentum?
The US Department of Justice recently said Apple CarPlay's phone-mirroring service shows the company's anticompetitive behavior over competitors. While automotive suppliers might disagree with the justice department, they also said CarPlay will likely lose traction.
Monday 8 April 2024
Foxconn on track for revenue growth in 2Q24
Foxconn (Hon Hai Technology Group) is on track to generate sequential and on-year revenue growth in the second quarter of 2024, according to the Taiwan-based contract electronics vendor.
Monday 8 April 2024
Xiaomi EV creates catfish effect, revealing next-level competition in Chinese auto market
Xiaomi secured over 88,000 orders for its SU7 vehicle 24 hours after the launch.
Monday 8 April 2024
Urban air mobility ready for takeoff but huge infrastructure challenges remain
UAM is poised to revolutionize transportation.
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Summary of Tech Supply Chain News!
Taiwan IPC makers pushing integrated services to boost profits and to see revenues grow in 2024, says DIGITIMES Research
Global smartphone shipments hit 2023 peak in 4Q23, but decelerate in 1Q24 due to seasonality, says DIGITIMES Research
Meet the analyst: Operating system in AI era will be king, says DIGITIMES Research