In recent weeks, the shooting incident involving Donald Trump, combined with President Joe Biden's gaffe that raised public concerns about his cognitive health, led to Biden announcing he would not seek re-election and would support Vice President Kamala Harris as the Democratic candidate.
NXP reported that its performance was affected by its customers' inventory management practices. Despite this, the company expressed strong confidence in its joint venture with Taiwan-based Vanguard International Semiconductor (VIS), which is set to operate in Singapore.
Xpeng Inc. will deepen its cooperation with Volkswagen AG, with the two pledging to develop a new electrical and electronic solution for all battery-powered cars made in China under the VW brand.
Chinese electric vehicle (EV) maker BYD is rapidly expanding its presence in Southeast Asia. The company plans to establish new assembly plants in Cambodia and Indonesia to complement its existing facility in Rayong, Thailand. BYD is also growing its dealership network and introducing more competitively priced models in the region.
The business opportunities driven by Vehicle-to-Everything (V2X) technology were expected to be one of the main development drivers for future cars. However, past analyses from research institutes appear to have been overly optimistic, as V2X implementation has fallen well below expectations.
VinFast, a Vietnam-based EV maker rapidly expanding its global presence, announced a delay in its operation for its manufacturing facility in North America, according to an official statement.
Despite the Biden Administration's push for EV supply chain localization through policies like the Inflation Reduction Act (IRA), the recent Fisker bankruptcy suggests these policies may have inadvertently hindered EV startups.
Following the cancellation of Tesla CEO Elon Musk's visit to India, reports suggest that the electric vehicle (EV) maker may postpone its potential investment in the country due to intense competition and sluggish growth in the global EV market.
China unveiled a list of cities nationwide for smart connected car pilot projects to promote large-scale applications of multi-scenario autonomous driving.
VinFast, which commenced construction of its inaugural manufacturing facility in India in February, may open the facility three months ahead of schedule.
India-based EV unicorn Ola Electric announced a plan to spend US$100 million to build a Gigafactory, focusing on in-house battery cells, as the company is expanding beyond the EV business into becoming a cell provider.
According to PR Newswire and Evertiq, SK keyfoundry has announced that it has secured key device characteristics for a 650V GaN High Electron Mobility Transistor (HEMT).
Over the past two years, international car manufacturers have been working hard to reclaim control over smart cockpit technology from smartphone platforms. Some automakers have opted out of integrating with systems like Apple CarPlay or Google's Android Auto to prevent these tech giants from dominating the future of the automotive industry.
China-based United Nova Technology has become the largest automotive-grade foundry provider since its establishment in 2018, supplying chips to over 90% of Chinese NEV manufacturers.
Hyundai Motor plans to list its Indian subsidiary to enhance its visibility and expand manufacturing capacities for EVs and SUVs in the world's third-largest car market after China and the US.
Semiconductor equipment suppliers are eyeing opportunities in India. India's local EMS providers are benefitting from a global supply chain relocation.
As demand for automotive MOSFETs surges with the rapid increase of electric vehicles, Taiwan-based power IC firms have been actively expanding their presence in the automotive market.
According to a presentation released to investors on its website, Tata Motors, the leading EV brand in India, plans to increase Capex in its EV business, aiming to launch mid-to-low-end products to achieve the penetration of EVs in its portfolio to about 30%.
SpaceX and T-Mobile are gearing up to launch their sat-to-cell service in the US by fall 2024. While this ambitious venture promises to revolutionize connectivity, questions linger over pricing, usage scenarios, and the overall business model.
According to Renesas' press release, on June 3, the Japan-based semiconductor solution provider and the Indian Institute of Technology Hyderabad (IITH) signed a three-year memorandum of understanding (MOU) to collaborate on research in VLSI and embedded semiconductor systems.
South Korea-based Hyundai Motor is reportedly selecting underwriters for its Indian subsidiary IPO plan. The listing may become India's biggest-ever IPO.
