International carmakers have been exploring ways to secure their market share in China, where EVs see robust growth. Jessie Lin, senior analyst with DIGITIMES Research, said the strategic partnership Stellantis built with Leapmotor last year was comprehensive. If the model works, it may enable more collaboration between traditional foreign automakers and emerging Chinese car companies.
CES 2024 took place from January 9 through January 12 in Las Vegas. DIGITIMES Research visited the Vehicle Tech and Advanced Mobility Pavilion for a first-hand look at automakers' and automotive high-tech companies' showcases featuring AI-enabled services, cockpit experiences, and autonomous driving.
Considering the development plans of individual companies in China, Japan, and Korea, solid-state batteries are expected to enter mass production in 2025 and be available commercially in 2028. However, the critical factor lies in whether Toyota can successfully start mass production of vehicles with solid-state batteries by 2027, as its success could reshape the landscape of the automotive battery market, according to DIGITIMES Research's latest report on solid-state battery development.
Themed "All ON," CES 2024 hosted more than 4,000 exhibitors, featuring 1,200 startups, among them a significant representation from Taiwan. In a groundbreaking move, the event's primary visuals were a product of generative AI, highlighting the technology's pivotal role in the showcase.
DIGITIMES Research's findings show that compared with the recovery of the global automobile market in 2023, global electric vehicle (EV) sales grew more significantly last year, with an annual rise of 39% to reach 14.22 million units, according to the latest report covering the global EV market.
According to Canalys' latest research, worldwide smartphone shipments grew 8% year-on-year in the fourth quarter of 2023, reaching 320 million units. This ended seven consecutive quarters of decline. Apple led the market in the fourth quarter with a 24% share of shipments, thanks to new iPhone launches.
Smart wearable devices have been a rapidly growing product over the past several years. With the generative AI boom in 2023, more smart wearable products are also looking to integrate AI applications. According to DIGITIMES Research, AI will help wearable devices continue to trend upward in the foreseeable future. However, they still need to address several challenges, including pricing and input limitations, to be more widely accepted by consumers.
According to the 2023 sales results of BYD and Tesla, BYD retained the crown of the world's top EV seller, with 3.02 million cars sold, exceeding its US competitor by nearly 1.22 million units. The gap between the two widened compared to 2022.
As the saying goes, 'If you can't beat them, join them.' China's growing expertise in electric vehicles (EVs) is causing a seismic shift in the industry, altering the dynamics of the international chessboard.
Amid a lackluster demand for consumer electronics, particularly smartphones, multi-layer ceramic capacitor (MLCC) providers are eyeing the automotive market as their financial boots. Japan-based MLCC makers are confronted with rising competitors from China, according to DIGITIMES Research.
Following the US International Trade Commission's order barring imports and sales of Apple Watch that infringes the blood oxygen patent held by Masimo, Apple was allowed to temporarily resume sales as the ban is paused, which is waiting for a ruling on January 12. Despite the temporal suspension of the sales ban, concern remains for Apple regarding the health patents, according to DIGITIMES Research.
