04
Oct
04
Oct
BYD sales hit fresh record as Chinese consumers embrace hybrids
BYD notched up a 7th consecutive monthly sales record for electric and hybrid vehicles in September, selling just over 200,000 units for the first time, and comfortably beating clean car global behemoth Tesla for deliveries in the third quarter.
04
Oct
Asia EV 50: VinFast to ship EVs globally in December 2022
VinFast, Vietnam’s homegrown automaker that belongs to the country’s largest conglomerate Vingroup, expects to ship globally in December 2022, having shipped its first 100 EVs in Vietnam last month.
04
Oct
China carmakers request 15-20% price cuts for chips in sufficient supply
With automotive chip shortages gradually abating, Chinese automakers reportedly have asked suppliers to cut prices by 15-20% on those chips not in short supply, looking to reduce production costs, according to industry sources. This is a sharp contrast to practices by mainstream automakers in Europe, the US, Japan, and Korea. They usually adopt flexible negotiations with suppliers in seeking price cuts on those chips and components having been rising in quotes several times during tight supply, so as to maintain long-term partnerships, the sources said.
04
Oct
Autonomous driving chips to be next battlefield for IC designers and automakers, says DIGITIMES Research
Autonomous driving chip developers, based on their business types, can be separated into four major camps – automotive chip IDM/designers, ICT chip companies, emerging automotive chip developers, and automakers with an in-house chip R&D team – with each having its advantages in competitions, according to DIGITIMES Research’s analysis.
04
Oct
Energy crisis prompts German industry to reflect on decoupling
As tension with Russia rises, German suppliers have begun to reflect on autonomy and the the potential repercussions of decoupling from China. The German commerce media Markt und Mittestand reported that German economists and industry representatives have put the strategic benefits of decoupling with China in doubt, especially given the labor shortage in the country. For the small and medium businesses (SMEs) contributing to more than half of the country’s GDP, production costs would also be higher, not to mention a full-blown trade war. According to a recent research conducted by the Munich-based Ifo Institute for Economic Research, if Germany ended up descending into a trade war with China, the damage would be six times that of Brexit in terms of costs, even if the United States helped to cushion the impacts.
04
Oct
High-end Chromebook, China gaming notebook demand picking up
High-end Chromebook sales are showing signs of recovery, as demand from China’s gaming notebook market is also picking up, according to industry sources.
04
Oct
Smart wearable manufacturing picking up pace in India
With India’s demand for smart wearables and custom duties levied on wearables and components expected to rise, India’s wearable vendors and manufacturers are partnering on made-in-India products, hence reducing their reliance on imports from China.
04
Oct
OSATs see DDI demand unlikely to pick up until 2H23
Display driver IC (DDI) demand is unlikely to pick up until the second half of next year, according to sources at DDI backend specialists.
04
Oct
Taiwan semiconductor industry: Domestic challenges, overseas headhunting and global sharing
Taiwan’s domestic market is small but the export-oriented semiconductor industry actually depend heavily on the domestic environment. As TSMC CEO CC Wei has noted, the number of semiconductors in automobiles is increasing at a rate of 15% per year. What it really means is that there are huge opportunities and the key is whether you are competitive enough to gain portions of them.