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23 Aug
Latest News and Trends

Foxconn chairman proposes collaborative effort to take Taiwan EV supply chain to SEA, India

  • August 23, 2022
  • By author-avatar jeff
Foxconn chairman Young Liu hopes for a collaborative effort from Taiwanese manufacturers to guide Taiwan’s electric vehicle (EV) supply chain into the markets of India, Indonesia and Thailand.

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23 Aug
Latest News and Trends

Apacer Technology develops smart AI-based AOI solutions

  • August 23, 2022
  • By author-avatar jeff
Memory module and industrial SSD maker Apacer Technology has stepped into the IoT field and has developed smart AI-based AOI (automated optical inspection) solutions on a customization basis, according to the company.

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23 Aug
Latest News and Trends

Made-in-India iPhone 14 reportedly to ship in late-October or November

  • August 23, 2022
  • By author-avatar jeff
Despite analyst Ming-Chi Kuo saying that iPhone 14 may be shipped simultaneously from China and India, sources told Bloomberg that Foxconn’s India plant is expected to ship the latest iPhone 14 in late October at its earliest.

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23 Aug
Latest News and Trends

Chinese regulator approves Leapmotor’s IPO plan

  • August 23, 2022
  • By author-avatar jeff
Following a 177% on-year growth in electric vehicle (EV) delivery in July, Leapmotor was granted approval by the China Security Regulatory Commission (CSRC) on August 19 to issue shares in Hong Kong.

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23 Aug
Latest News and Trends

India’s Uno Minda targets 25% market share in EV components

  • August 23, 2022
  • By author-avatar jeff
The steady growth of the EV market in India has thrown a fresh perspective and opportunity to automobile component makers. One of the oldest and leading companies in this segment, Uno Minda, says that it intends to capture 20 to 25 percent of the market share in the near future.

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23 Aug
Latest News and Trends

Quanta to reportedly increase workforce at new Mexico plant

  • August 23, 2022
  • By author-avatar jeff
Quanta Computer has set up a new factory site in Mexico, where the ODM reportedly plans to increase the total workforce to 2,200 employees by the end of this year.

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23 Aug
Latest News and Trends

Tape COF substrate makers conservative about 2H22 prospects

  • August 23, 2022
  • By author-avatar jeff
Taiwan’s tape COF substrate suppliers JMC Electronics and Chipbond Technology are highly conservative about their business prospects for the second half of 2022 due mainly to sluggish TV sales denting demand for large-size display driver ICs (DDI) and related backend services, according to DDI supply chain sources.

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23 Aug
Latest News and Trends

Toyota bets on hybrids instead of EVs in India

  • August 23, 2022
  • By author-avatar jeff
Despite Korean companies’ eagerness to invest in India’s EV market, Japanese carmakers have decided to put their bets on hybrid cars as their Indian strategy, with Toyota combining local production, sourcing, and partnerships to lower cost and boost hybrid sales in the South Asian country.

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23 Aug
Latest News and Trends

CATL, BYD competition heats up for Tesla orders

  • August 23, 2022
  • By author-avatar jeff
Competition between CATL and BYD, China’s two largest lithium iron phosphate (LFP) power battery makers, has intensified as the new energy vehicle market continues to expand, and recent Tesla orders seem to raise their rivalry to a new height, according to industry sources.

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23 Aug
Latest News and Trends

Hyundai accelerates EV deployment in US, Indonesia

  • August 23, 2022
  • By author-avatar jeff
Hyundai group companies and LGES have obtained US$710 million of foreign investment to invest in a joint EV battery cell factory in Indonesia, according to Korean-language media outlet Hankyung.

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