VinFast has expanded its tie-up with Renesas Electronics under which Renesas will provide a broader range of products including SoCs, microcontrollers, analog and power semiconductors, as well as technical support, for VinFast’s electric vehicles (EV).
“Taiwan’s ICT companies have a longtime focus on hardware advancement, capable of agile and flexible development to adapt to unprecedented circumstances. For example, the services and system integration providers can team up with Taiwan ICT suppliers to develop 5G services targeting different industries vertically such as smart cities, transportation, banking, and smart manufacturing, then sky will be the limit for the global 5G application growth,” said Roger Huang, director of DIGITIMES Research.
Electric vehicles (EV) are expected to take up 13% of the global passenger vehicle sales in 2022, according to International Energy Agency. The proportion represents an increase from almost 9% in 2021.
Tata, India’s top EV brand by sales, launched a new electric four-wheeler (E4W) model priced as low as US$10,000 to strengthen its position in India’s rapidly-growing EV market when other players have yet to launch competitive products to attract consumers.
Apple’s new iPhone 14 series has been selling well after its official launch in September. However, with the first batch of new products still having a wait time of 5-7 weeks, industry sources have hinted that Apple intends to adjust its production line arrangement.
China-based lithium-ion (Li-ion) battery cell and module maker Sunwoda Electronic will have its subsidiary Sunwoda Electric Vehicle Battery set up a factory of Li-ion battery cells, modules, and packs for use in electric vehicles (EVs) in central China on a joint-venture basis with China-based automaker Dongfeng Motor and its affiliate Dongfeng Hongtai Holding, according to industry sources.
Taiwan jumped to the top source of FDI (foreign direct investment) in Thailand in the first half of 2022 from fifth place in 2021 thanks to a major investment project by Foxconn Technology Group (Hon Hai), and Thailand is likely to replace Vietnam as a new favorite destination for foreign investors with lower land costs, according to Chuang Suo-hang, representative of Taipei Economic and Cultural Office (TECO) in Thailand.
According to the latest data from Semiconductor Association of Japan (SEAJ), sales of Japanese semiconductor equipment increased by almost 40% in August, reaching JPY347.3 billion (US$2.41 billion), a record monthly performance. It also marks the 20th month of the sector’s consecutive growth. At the same time, geopolitical whirlwinds continue to swirl around Japanese shores: as Seoul Economic Daily reports, the so-called Chip 4 alliance among Taiwan, Japan, South Korea and the US held its first working-level pre-meeting on Tuesday, while US vice president Kamala Harris sought to meet Japanese semiconductor industry leaders during her 4-day Asia tour.