LED automotive lighting module maker Excellence Optoelectronics (EOI) expects to kick off volume production at its new plant in the US state of Michigan in the fourth quarter of 2022, instead of the second quarter set previously.
Computex 2022 has kicked off in Taipei, with the focus this year on the metaverse, ESG (environmental, social, and governance), high-performance computing (HPC), AI, and 5G-related innovations.
In order to speed up the development of electric vehicles (EV), Mahindra & Mahindra is changing tack and is open to sourcing more EV components from suppliers, while the company expects more competitors to eat into its dominating market share in the electric three-wheeler market.
Vingroup chairman Pham Nhat Vuong said Vingroup will provide incentives and assistance in leasing land and facilities in Vietnam to auto chip makers who sets up production in Vietnam.
BYD has reported strong sales growth for April, defying supply chain disruptions. In the same month, China’s automobile production declined by half due to COVID lockdowns.
Driven by the shortages of automotive chips, many automakers have embarked on semiconductor development, but they need to tackle multiple challenges such as cost and technical barriers, according to industry sources.
While chip manufacturing technology continues to advance toward sub-5nm processes, advanced packaging also has been widely recognized as a key segment to progress drastically with big investments by major players including TSMC, Samsung, Intel, ASE Technology and Amkor in the next decade. And TSMC is in pole position to outrace peers further through integrating its advanced manufacturing process nodes and 3D Fabric family of stacking and packaging technologies, according to industry observers.