Advantech has announced its ambitious plans to establish dominance in the rapidly growing sectors of edge computing and artificial intelligence (AI). Chairman KC Liu revealed the company’s strategic transition, emphasizing its dedication to leveraging the transformative power of these technologies to seize new opportunities across various industries.

Taiwanese automotive electric firm Cub Elecparts expects 2024 profits to match last year’s figures, while forecasting substantial growth in 2025 driven by its electronics and tire pressure monitoring systems (TPMS) business, according to company chairman SC Yu. Beyond its core products, the company has initiated small-scale production of new offerings, with future growth primarily centered on mmWave radars for advanced driver assistance systems (ADAS), spherical TPMSs, and smart security systems.

Google has newly unveiled Android XR, a spatial computing operating system (OS) designed for extended reality (XR) devices, poised to compete with Meta Platforms and Apple. The OS supports XR headsets, smart glasses, existing Android apps, and immersive VR content.

In a strategic move to consolidate resources against mounting competition in the electric vehicle market, Honda and Nissan have begun discussions about a possible merger, which would involve establishing a holding company to integrate both as subsidiaries, with the potential inclusion of Mitsubishi Motors.