At the “Hotai Motor and Kuozui Motors 2025 Lunar New Year Press Conference” on February 4, 2025, General Manager Chwen-Shing Su expressed optimism for Taiwan’s auto market. With the recovery in the local car market, total vehicle sales reached 458,000 units in 2024, as most 2023 order cancellations were resolved. The three brands under Hotai Motor’s dealership – Toyota, Lexus, and Hino – registered over 159,000 vehicles in total, marking their second-highest sales record with a market share of 34.9%. The company maintained its position as Taiwan’s top car seller for the 23rd consecutive year, with revenues surpassing NT$270 billion (US$8.2 billion), setting a new record.

As the spring begins for 2025, China’s IC industry has seen a major injection of funding. Wuxi SJ Semiconductor has closed a financing agreement worth roughly US$700 million. This funding round includes contributions from BYD’s fully owned investment fund, bringing significant attention to this large financial initiative.

AblePrint Technology (APT), a supplier of pneumatic and thermal process solutions for semiconductor packaging, has reported significant sales growth in 2024, driven by strong demand from the advanced packaging segment.