automotive


2024-12-12

[News] The Automotive Chip Market Is Emerging from the Cold

From the recent performance of major analog chip manufacturers, the automotive chip market remains sluggish, with related companies still hovering in the doldrums. This is primarily due to lower-than-expected production and sales of new energy vehicles (NEVs). However, there are signs of recovery...

2024-12-06

[News] China’s Automotive Chip Localization Ratio Reportedly to Hit 15% by Year-End amid U.S. Reliance

Following the latest U.S. chip export curbs, which adds 140 Chinese entities to the restriction list, the China Association of Automobile Manufacturers (CAAM) has made its stance. According to CnEVPost, the association highlighted that U.S. automotive chips are no longer dependable or secure, urging...

Huawei
2024-08-30

[News] Huawei’s Net Profit in 1H24 Hit Record High amid U.S. Sanctions, Surpassing CNY 50 Billion for the First Time

According to a report from the China Business Network, Huawei, seems to have overcome the pressure of U.S. sanctions, as it posted strong financial results in the first half of 2024 on August 29. The report shows that Huawei's revenue for the first half of the year reached CNY 417.5 billion, ...

2024-08-09

[News] AI Chip Manufacturer Black Sesame Listed on Hong Kong Stock Exchange

On August 8, 2024, Black Sesame Technologies, a company specializing in AI chip for smart vehicles, was listed on the Hong Kong Stock Exchange. Founded in 2016, Black Sesame is a provider of automotive-grade intelligent vehicle computing chips and chip-based solutions. The company has established...

2024-08-06

[News] Signs of a Slowdown Surfaces in Automotive Chip Market Growth

Automotive chip market, previously enjoying robust growth among the semiconductor sector, is now showing signs of slowing down. According to a report from WeChat account DRAMeXchange, the major foundry UMC announced that it expects customer inventories in the communications, consumer electronics,...

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