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Thursday 20 June 2024
TYC Brother Industrial thrives in NEVs as US plant completion set for 1Q25
Taiwan-based TYC Brother Industrial held a shareholder's meeting on June 18. The leading manufacturer of vehicle lights shared its plans for new energy vehicles (NEVs) and some highlights...
Thursday 20 June 2024
Chinese carmakers urge tariff rise on high-displacement gasoline cars imported from EU
China might move closer to retaliating against the European Union following the bloc's tariff increase on EVs. In a recent closed-door meeting, Chinese automakers pushed its government...
Thursday 20 June 2024
India steps up efforts for cobalt supply
After identifying 30 critical minerals essential for national security, India intensified its efforts to secure cobalt, given its increasing importance in the global shift towards...
Wednesday 19 June 2024
Quanta's automotive sector secures four major clients with orders scheduled until 2030
Quanta's On-Board Computer (OBC) business continues to grow, becoming the company's third major pillar alongside Notebooks (NBs) and servers.
Tuesday 18 June 2024
Global PMX to improve 2H24 operation thanks to new energy vehicles, AI
Taiwan-based automotive power and safety parts manufacturer Global PMX disclosed its plans for EVs, hybrid vehicles, and fuel-cell EVs at a recent shareholders' meeting. The company...
Tuesday 18 June 2024
Automotive, AI servers to drive at least 20% growth for LemTech
LemTech Holdings is projecting growth in both revenue and profit for 2024, driven by its automotive and AI server product lineup.
Tuesday 18 June 2024
Quanta profits double despite halving workforce
Quanta Computer is generating record-high profits amid a sharp decline in staff count. From the high of 112,000 employees by the end of 2018, Quanta's workforce has decreased by 49.1%...
Monday 17 June 2024
Does AI scale-up distract emerging Taiwanese automotive tier-1 suppliers?
Geopolitics and the Group of Two (G2) dynamic have attracted Taiwan's ICT supply chain much attention.
Friday 14 June 2024
Is Huawei, a new automotive tier-1, overshadowing carmakers?
Chinese EV makers continue to enhance smart vehicle technology. As an emerging automotive tier-1 supplier, Huawei's car business profited in the first quarter of 2024. However, concerns...
Friday 14 June 2024
Chinese carmakers grow dependence on Nvidia as BYD 2025 model adopts DRIVE Thor
Several China-based EV makers have used Nvidia's car chips in their vehicles. As Chinese automakers' reliance on US companies increases, the question of how US-China tension will...
Friday 14 June 2024
PurismEV leverages vehicle control to extend EV range by 40%
As most EV industry players focus on improving battery technology to mitigate range anxiety, PurismEV has found an alternative. The Taiwan-based startup targets vehicle control. Its...
Friday 14 June 2024
What is the real intention behind EU's BEV tariffs on China?
The European Union announced it will impose additional tariffs of up to 38.1% on China-made battery EVs on July 4 if the bloc cannot resolve issues with China. EU member states, the...
Friday 14 June 2024
Walsin upbeat about demand resulting from AI and autos in 2025
Passive component maker Walsin Technology is anticipating AI-driven demand for end-user devices in the second half of 2024, with the third quarter outperforming the second, and leading...
Friday 14 June 2024
Taiwan power IC firms see automobile deployment pay off, although China remains a concern
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 mark...
Thursday 13 June 2024
China's all-solid-state battery funding to challenge South Korea and Japan, leaders in the field
South Korea and Japan remain leaders in all-solid-state battery development. However, as China is poised to invest heavily in battery technology, South Korean media are worried that...