Remove Auto Remove Market Remove Sale Remove Taiwan
article thumbnail

Europe will miss 2030 chip market goal, says ASML CEO – ET Auto

Baua Electric

Global semiconductor sales are expected to grow from USD 600 million this year to more than USD 1 trillion by 2030, and all capacity currently planned in China will be needed. ASML equipment sales to China hit 6.3 “If you want to get to 20%, you just have to calculate how much you need to build here.” billion euros (USD 6.9

Europe 52
article thumbnail

Gogoro’s new lower-cost electric scooter breaks sales records, begins shipping

Baua Electric

The Gogoro JEGO launched in Taiwan last month, quickly racking up over 6,500 fully-paid pre-orders in that short time. Gogoro already dominates the local market with around a 90% share of new electric scooter registrations in Taiwain. FTC: We use income earning auto affiliate links.

Taiwan 52
article thumbnail

Minda Corporation forms 50:50 JV with HSIN Chong Machinery Works Co. – ET Auto

Baua Electric

HCMF ) from Taiwan, a leading global manufacturer of automotive sunroof and closure systems. With evolving consumer preferences and premiumisation, the market for sunroof in India is expected to grow significantly. The company operates via its 29 Sales, technical and manufacturing facilities spread globally.

article thumbnail

TSMC’s Q4 profit to slide 23%, focus on rebounding demand this year – ET Auto

Baua Electric

Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 23% drop in fourth-quarter profit on Thursday, but analysts predict better growth this year on the back of rebounding demand. billion in the year-earlier period, but that still beat both the company’s and market’s expectations. billion ($20.10

Auto 97
article thumbnail

TSMC bullish on AI demand, forecasts 20% revenue growth this year – ET Auto

Baua Electric

Taiwanese chipmaker TSMC projected on Thursday more than 20% growth in 2024 revenue on booming demand for high-end chips used in artificial intelligence (AI) applications even as the broader industry deals with weak smartphone and electric vehicle sales. gain for the benchmark index, giving the company a market value of USD 478.3

Auto 52
article thumbnail

Foxconn sees ‘slightly better’ 2024, warns on AI chip shortage – ET Auto

Baua Electric

Taiwan’s Foxconn , Apple’s biggest iPhone assembler and the world’s largest contract electronics maker, expects its business this year to be “slightly better” than last year but is facing a shortage of chips for AI servers. “One (market segment) will be good, but very many others – uh-oh.”

Auto 52
article thumbnail

Rutronik and Su’scon announce global distribution agreement for electrolytic capacitors – Charged EVs

Baua Electric

Electronic components distributors Rutronik, headquartered in Germany, and Su’scon, headquartered in Taiwan, have signed a worldwide distribution agreement that will offer Rutronik customers a broader selection of globally available capacitors.

Global 52