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Wednesday 3 May 2023
Ford reports US$1.76 billion profit, seeing EV revenue decline in 1Q23
Ford Motor posted US$1.76 of net income in the first quarter of 2023 as total shipments increased by 9% year-over-year. On Tuesday, it lowered prices of the electric Mustang Mach-E...
Wednesday 3 May 2023
Tesla eyes closer ties with China supply chain with new Shanghai factory
Tesla, with its new factory for energy storage products in Shanghai, is eyeing closer ties with local industry supply chains in China, according to sources at Chinese power component...
Tuesday 2 May 2023
Samsung bans staff's AI use after spotting ChatGPT data leak
Samsung Electronics Co. is banning employee use of popular generative AI tools like ChatGPT after discovering staff uploaded sensitive code to the platform, dealing a setback to the...
Tuesday 2 May 2023
Li Auto breaks record, delivering more than 25,000 vehicles in a single month
Chinese automaker Li Auto broke new records and became the first high-end electric vehicle (EV) brand in China to deliver more than 25,000 vehicles in a single month. This achievement...
Tuesday 2 May 2023
Nvidia shipping DGX H100 AI supercomputers
Nvidia has announced that it is shipping its DGX H100 systems to customers from Tokyo to Stockholm, who will connect to the AI supercomputers to advance workloads involving generative...
Tuesday 2 May 2023
Holtek stays cautious
MCU specialist Holtek Semiconductor is maintaining its cautious stance, citing the continued lack of clarity on market conditions.
Tuesday 2 May 2023
Facing uncertain outlook, MediaTek sets strategy of prioritizing profits
MediaTek was extremely cautious at its earnings call when announcing its prospect expectations, confirming recent market observations. The overall operations in the second quarter...
Tuesday 2 May 2023
Taiwan IC designers little interested in charging pile chip solutions
Taiwan's major IC design houses have shown little interest in developing chip solutions for charging piles, due mainly to the relatively smaller market scale for the chip segment...
Tuesday 2 May 2023
Volkswagen-backed Gotion High-tech exploring US sites to build a battery plant
China-based battery maker Gotion High-tech saw its revenue in overseas markets surge 464.76% last year. Moreover, it is on track to expand battery production to the US. The site exploration...
Tuesday 2 May 2023
Lordstown and Foxconn accuse each other of investment deal breach
In a regulatory filing, Lordstown said Foxconn threatened to withhold funding due to a breach of their investment agreement, which may force Lordstown to cease operations as the EV...
Tuesday 2 May 2023
Stellantis secures battery-grade nickel and cobalt supply in Australia
Stellantis has deepened ties with another battery material partner to support its electrified future. The carmaker and Australia-based Alliance Nickel have signed a five-year agreement...
Tuesday 2 May 2023
Onsemi transformed into auto and industrial player ahead of schedule
Despite macroeconomic uncertainties, Onsemi posted better-than-expected financial results in the latest quarter, as the company eyes automotive and industrial markets to fuel its...
Tuesday 2 May 2023
India roundup: Taiwan-based Wistron reportedly to withdraw from India
As Apple suppliers expand investments in India, Wistron is reportedly winding down its operations there. Micron is also reportedly applying for India's semiconductor fab incentive...
Tuesday 2 May 2023
iCatch Technology unveils CR3 automotive AI imaging SoC for in-cabin sensing
iCatch Technology, a leading Taiwan-based AI image processing IC design company, announced its innovative CR3 Automotive AI Imaging SoC for in-cabin sensing applications at the recent...
Friday 28 April 2023
iST sees rising revenues in 1Q23
Integrated Service Technology (iST) reported consolidated revenues of NT$981 million (US$31.64 million) for the first quarter of 2023, the second-highest quarterly level ever, with...