Jabil to to close its Vancouver site – 120 jobs lost
March 06, 2024
EMS giant Jabil is planning to close its Vancouver, Washington operation – resulting in the permanent layoff of 120 employees.
France's electronics evolution and sustainable future
February 14, 2024
There is currently a lot of movement within the European electronics industry, along with all its sectors, which were key talking points during Evertiq’s inaugural Expo in Sophia Antipolis, France on February 8, 2024.
Evertiq Expo Sophia Antipolis is just around the corner
February 07, 2024
Time is drawing close for Evertiq's first-ever Expo on the French Riviera. Evertiq has paid close attention to the ongoing developments in the market and the world at large and organised a program that reflects just that.
Navitas and SHINRY open R&D lab to advance EV power systems
January 26, 2024
Navitas Semiconductor has teamed up with Chinese EV battery specialist SHINRY to launch a new research facility.
BYD reveals $14 billion growth plan
January 19, 2024
Chinese automotive company BYD says it will invest USD 14 billion over an undisclosed timeline to consolidate its lead in the electric motoring space.
Jabil completes the divestiture of Mobility business
January 02, 2024
EMS provider Jabil has closed the transaction to divest its Mobility business to BYD Electronic (International) Company Limited ) in a cash transaction valued at $2.2 billion.
SiC and its impact on Europe
December 11, 2023
There is no denying that SiC will play a pivotal role in the semiconductor landscape in the future and the power device market specifically.
Jabil inks deal to divest Mobility business for $2.2B
September 27, 2023
EMS provider Jabil is moving forward with its plans to sell its Mobility business. The company has now entered into a definitive agreement to divest the business to BYD Electronic (BYDE) in a cash transaction valued at USD 2.2 billion.
BYD secures fifth spot in global auto sales for July
September 01, 2023
In July 2023, global car sales faced a noticeable downturn, with 5.44 million vehicles rolling off the lot across 37 key markets – a 10% dip compared to June’s figures, according to TrendForce research.
Jabil is looking to sell its Mobility business
August 28, 2023
EMS provider Jabil has entered into a preliminary agreement with BYD Electronic relating to the sale of its Mobility business in a potential transaction expected to be valued at USD 2.2 billion.
BYD closes in on Tesla in Q2 BEV sales
August 17, 2023
The global automotive landscape is undergoing a decisive shift toward new energy vehicles (NEVs). TrendForce reports that in 1H23, NEV sales – which encompass battery electricity vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell electric vehicles (FCEVs) – soared to an impressive 5.462 million units, reflecting a growth of 33.6% YoY.
Global new energy vehicle sales reach 2.656 million units in Q1
May 31, 2023
TrendForce reports the total sales of New Energy Vehicles (NEVs) – comprising BEVs, PHEVs, and FCVs – reached 2.656 million units in the first quarter of 2023, marking a 28% YoY increase.
Global NEV sales grew 60% YoY, surpassed 10 million units in 2022
February 22, 2023
According to TrendForce’s latest research, global sales of new energy vehicles (NEVs) rose by 63.6% YoY to 10.65 million units for 2022.
MLCC suppliers will focus R&D and capacity expansion efforts
February 14, 2023
According to TrendForce’s recent analysis of the MLCC market, suppliers’ average book-to-bill (BB) ratio has risen slightly to 0.79 this February. The flow of orders has slowed down as seasonality affects the demand related to consumer electronics, data centers, and 5G network infrastructure.
Ranking: best selling EV brands for 3Q22
November 28, 2022
Sales of BEVs totaled 2.147 million units and increased by 75% year over year, while sales of PHEVs totaled 714,000 units and increased by 57% year over year.
Global NEV sales reached 2.87 million units for 3Q22
November 25, 2022
TrendForce’s latest research finds that global sales of new energy vehicles (NEVs), which encompass battery-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel-cell vehicles (FCVs), rose by 70% YoY to 2.87 million units for 3Q22.
Global 200mm semiconductor fab capacity to surge 20%
October 19, 2022
The global 200mm fab capacity is estimated to increase by 20% from 2021 through 2025 as semiconductor manufacturers worldwide are adding 13 new lines – bringing the industry to a record high of more than 7 million wafers per month.
Global NEV sales reach 2.19 million units in 2Q22
August 17, 2022
The new car market remained under the shadow of supply chain shortages and the pandemic in 2Q22 but new energy vehicles (NEVs including battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles) still outperformed gasoline vehicles and maintained positive growth.
Market for automotive SiC power components to exceed $1billion
July 19, 2022
As more and more automakers begin to introduce SiC technology into electric drive systems, the market for vehicle SiC power components is forecast to reach US$1.07 billion in 2022 and will climb to US$3.94 billion by 2026, according to Trendforce research.
NEV market grew in 1Q22 – global sales exceeded 2M units
May 16, 2022
According to TrendForce data, total sales of new energy vehicles (NEVs including battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles) in 1Q22 was 2.004 million units, an annual growth rate of 80%.
Reducing the cost of batteries will become more important
April 19, 2022
As a consequence of rising power battery raw material prices, a number of global new energy vehicle (NEV) brands including Tesla, BYD, NIO, Li Auto, and Volkswagen, have successively raised the sales prices of electric vehicles in 1Q22.
USound raises USD 30 million to ramp product manufacturing
December 21, 2021
USound, a developer and manufacturer of MEMS loudspeakers for personal devices and wearable technology, has raised USD 30 million to move into mass production of its second generation MEMS loudspeakers for several global companies.
BYD buys selective soldering systems from SEHO
September 01, 2021
To expand the manufacturing capacity at BYD in Changsha (China), two new production lines were purchased and, after a comprehensive evaluation phase, BYD decided on the PowerSelective from SEHO.
MMI: Top 50 EMS sales reached $384 billion in 2020
April 13, 2021
Manufacturing Market Insider says that In 2020, sales from the Top 50 EMS companies accounted for USD 384 billion in revenue – an increase of USD 17 billion from 2019.
Global EV sales finished strong in the final months of 2020
March 02, 2021
Global sales of NEV (new energy vehicles, which include both BEV and PHEV) skyrocketed in the final two months of 2020, with various models setting historical sales records, according to TrendForce’s latest investigations.
Xiaomi partners with DBG and BYD to boost Indian manufacturing
February 26, 2021
Xiaomi, or Mi India, recently completed five years of its “Make in India” journey, where the company has been producing smartphones and smart TVs locally. Now the company is upping the pace.
Another investment related to battery production in Hungary
December 15, 2020
Iljin Materials, a South Korean manufacturer of elecfoil, will establish its first European production unit in Hungary, where copper thin foil will be produced for batteries of electric cars.
440 new jobs to be created as Semcorp opens Hungarian plant
November 11, 2020
As Semcorp Group's first production unit outside of China, the lithium-ion battery separator film plant – which will be set up in the Debrecen South Industrial Park – represents an investment of more than EUR 183 million.
MMI: EMS Top 50 sales reached $344 billion in 2019
April 15, 2020
Manufacturing Market Insider says that the sales of the Top 50 biggest EMS providers accounted for USD 344 billion in revenue during 2019 – an increase of USD 14 billion from 2018.
ABB to acquire Chinese EV charging provider
October 28, 2019
ABB says the company is to acquire a majority stake of 67% in Shanghai Chargedot New Energy Technology Co., Ltd., a Chinese e-mobility solution provider.
Faster charging is growth driver for electric vehicles
November 09, 2017
The global electric vehicle battery market is set to grow at a CAGR of 41.95 percent during the period 2017-2021, writes market researcher TechNavio. One trend in the market is faster charging of electric vehicles.
Load more news