Tue, Oct 26, 2021
mostly cloudy
Monday 25 October 2021
Highlights of the day: India's EV challenge
Electric vehicles have strong potential in the Indian market. But not everyone in the South Asian country is convinced that a market where about 22 out of 1,000 people own a vehicle is ready for the EV revolution yet, according to DIGITIMES' correspondent in India. In India's mobile telecom market, intense price competition has drastically changed its landscape, with the top-3 carriers dominating over 90% of the market. In the semiconductor sector, AMD is expected to be the first adopt TSMC's SoIC technology fot its HPC chips.
Monday 25 October 2021
India roundup: Bharti slips in fixed-line broadband market
Dixon Technologies is buying a manufacturing unit from telecom operator Bharti, whose share in the fixed-line broadband market recenly slipped from second to third place in India.
Monday 25 October 2021
Southeast Asia roundup: Indonesia eyes EV production
Malaysia's chip shortages are expected to persist longer even after lockdown were lifted, while Indonesia is looking to start producing electric vehicle (EV) in 2023-24.
Monday 25 October 2021
Indian startups offer electric car conversion to spur EV revolution
The Indian government expects massive adoption of electric vehicles in the country over the next decade. According to NITI Aayog, the country's top think tank, EV sales penetration could reach 70% for commercial cars, 30% for private cars, 40% for buses, and 80% for two- and three-wheelers by 2030.
Monday 25 October 2021
Lithium price surge sends battery makers scrambling for supply
Lithium price has been on the rise since 2020, bringing production costs of EV batteries higher. Theoretically, prices of battery cells and battery packs will rise by at least 30%, according to GGII. Battery-grade lithium carbonate price has risen 440% since 2020 to CNY175,000-205,000 (US$27,300-32,000) per tonne as of October 13, 2021. Many material suppliers have seen orders extend to 2022.
Friday 22 October 2021
Tata provides technological solutions to making EV
Tata Technologies reportedly has received US$100 million in orders from both local and foreign clients, mostly for car-related products.
Friday 22 October 2021
China automaker Geely considers developing ICs in-house
China's Geely Automobile Holdings is reportedly mulling in-house development and production of chipsets for its own vehicles as it has newly expanded its registered businesses to include IC chips manufacturing as well EV battery and electrical motor production, according to industry sources.
Thursday 21 October 2021
CATL faces challenges in bid to build battery plant in US
The largest China-based lithium battery maker Contemporary Amperex Technology (CATL) has reportedly planned to set up a battery factory in the US, but the company will face challenges, according to industry sources.
Thursday 21 October 2021
Lite-On Tech to start production of EV-use fast charging modules in 3Q22
EMS provider Lite-On Technology will kick off production of fast charging modules used in DC charging piles for electric vehicles (EVs) in the third quarter of 2022, according to the company.
Thursday 21 October 2021
Automotive IDMs to raise chip prices by 10-20% in 2022
Automotive IDMs have notified their clients about 10-20% price hikes for their chips starting 2022 as they continue to face mounting costs for raw materials, according to industry sources.
Thursday 21 October 2021
The missing pieces in Taiwan EV sector
Having been in existence since the 1900s, electric vehicles (EV) are only put under the limelight in recent years as governments vow to cut carbon emissions. Upstream, the EV trend provides a tailwind for Taiwanese suppliers who have long been playing a major role in the global ICT supply chain.
Thursday 21 October 2021
MIH unveils open EV software platform, announces key partnerships with Arm, Microsoft, Trend Micro
MIH has unveiled its Open EV Software Platform that enables automotive developers to create applications with smartphone-like development experience, in close partnership with Arm, Microsoft and Trend Micro.
Wednesday 20 October 2021
Foxconn begins transformation into software-defined EV automaker
Foxconn Technology (Hon Hai Precision Industry) continues to actively promote industry sectors related to electric vehicles (EV) in order to help it achieve its goal of EV output value reaching NT$1 trillion (US$35.9 billion) in five years.
Wednesday 20 October 2021
India: Five major players contribute 87% of information services industry revenue
Since moving into the new economic era in the 1990s, India has chosen the information service sector as its core industry. Much of the loans and subsidies from the World Bank have been spent on infrastructure such as satellite communications, which has made software business process outsourcing (BPO) a mainstream business in India. The fundamental industrial structure of BPO has been well developed since the 1990s.
Tuesday 19 October 2021
Highlights of the day: Foxconn making ambitious moves for EV
Foxconn has been aggressive in expanding its presence in the EV sector, and it is looking to promote localized EV production in various regions to tap respective markets. Robust orders for HPC chips from AMD and Nvidia are expected to drive sales growth at TSMC in 2022. Quanta Computer's server manufacturing facilities in Taiwan have reached almost full production capacity and will open a new plant in Thailand next year to produce server motherboards.
Tuesday 19 October 2021
Foxconn to promote localized EV production for regional markets
Foxconn Technology (Hon Hai) is well prepared to leverage its software and semiconductor prowess to turn out more EVs with high performance and intelligence in 2022/2023, and will move to promote localized production in different regions to strengthen sales competitiveness in regional markets, according to company chairman Young-way Liu.
Tuesday 19 October 2021
Powin teams up with Leader for Taiwan energy storage market
American energy storage system integrator Powin Energy is partnering up with Taiwan's Leader Energy Storage Technologies, making Leader an exclusive agent in Taiwan. By signing a deal with Leader, Powin has become the second one-stop energy storage system supplier in Taiwan after Tesla.
Tuesday 19 October 2021
IC design houses join Foxconn EV ecosystem
Taiwan-based semiconductor suppliers MediaTek, Novatek, Realtek, Sunplus, ITE Tech, PixArt Imaging, Weltrend, Fitipower, NOVA, and Nuvoton have joined the Foxconn-led EV consortium, MIH, to expand car application businesses.
Tuesday 19 October 2021
First-tier China lithium battery makers keep prices unchanged for LTA clients
First-tier China-based lithium battery makers, despite continual hikes in material cost, have kept quotes unchanged for LTA (long-term agreement) supplies, according to industry sources.
Tuesday 19 October 2021
IoV plus 5G unlocks huge potential, says TTIA
5G network can help advance smart mobility in the future and Taiwanese suppliers should develop more innovations on Internet of Vehicle (IoV) to have a cut of the smart mobility industry, according to Wu Meng-Fen, the chief consultant at Taiwan Telematics Industry Association (TTIA).
Monday 18 October 2021
Southeast Asia roundup: Samsung, Intel to restore full production in Vietnam in November
Children in the US and Europe are going to miss a pair of NIKE shoes for Christmas this year as manufacturing activities in Vietnam are lagging due to COVID. Consumer electronics are seeing tight supply as well. Demand for gaming devices soars in Thailand.
Monday 18 October 2021
Foxconn unveils latest EV development achievements at HHTD21
Three new EV models, developed by Foxconn Technology under its MIH open platform over the past year, as well as related software and hardware solutions take center stage at the Hon Hai Tech Day 2021 (HHTD21) that opens today, highlighting the pivotal position of EVs in the group's future tech development roadmaps.
Monday 18 October 2021
India roundup: Ather, Tata gear up for EV
Ather Energy and Tata Motors are making substantial investments in electric vehicle businesses, but India's car production and sales both decreased in September compared to the same month in 2020.
Monday 18 October 2021
India: Government policies for EV
The most crucial for electric vehicles (EV) is the external ecosystem, or more precisely the infrastructure which is often closely linked to the government's various supporting measures. India has a FAME-II program, an incentive program aiming to accelerate the spread of eco-friendly vehicles. The program's total budget is INR100 billion (US$1.4 billion), of which 86% will be subsidies for vehicles and 10% for charging facilities.
Monday 18 October 2021
IDMs, chipmakers on track to raise automotive MCU output
International IDMs and chipmakers are set to ramp up their output for automotive MCUs in the next few years to meet ever-growing demand for such chips, according to industry sources.