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Toyota, Nissan, and Honda Join Forces on AI and Chip Development for Next-Gen Vehicles

Toyota, Nissan, and Honda have teamed up to develop cutting-edge AI and semiconductor technologies for next-generation vehicles, focusing on areas like semiconductor chips, APIs, virtual simulation, and cybersecurity. Supported by Japan's Ministry of Economy, Trade, and Industry, this collaboration aims to enhance Japan's competitiveness in the evolving automotive industry. The initiative includes forming the Advanced SoC Research for Automotive (ASRA) group, involving 12 companies, to create high-performance system-on-chip (SoC) technologies for mass production by 2030, marking a significant advancement in software-defined vehicles (SDVs) and autonomous driving capabilities

Japan Joins Moon Race by Launching SLIM and XRISM

Japan launched a lunar exploration spacecraft on September 6, 2023. The rocket carried two satellites: SLIM, a small lander that will test the possibility of landing spacecraft on specific targets on the moon, and XRISM, a powerful X-ray telescope that will study the hot plasma that makes up much of the universe. The launch is a significant milestone for Japan's space program and demonstrates its commitment to lunar exploration.

Are EV Battery Prices Falling?

China's EV battery market is facing a slowdown, with prices of EV cells, energy storage cells, and battery materials all declining. The slowdown is due to a combination of factors, including weakened domestic demand, a decline in overseas demand, and sluggish demand in the consumer electronics sector. As a result, battery manufacturers are facing oversupply and intensified competition, which is driving down prices. TrendForce warns that prices may continue to decrease, but some suppliers have initiated production cutbacks, which could potentially stabilize or even rebound prices in September.

Discrete Power Devices: Fastest-Growing Component Segment for Automotive Sector

The global automotive semiconductor market is expected to reach USD 345.54 billion by 2032, growing at a CAGR of 18.26%. The market is driven by the increasing demand for advanced driver assistance systems (ADAS) and infotainment systems. Discrete power devices are expected to be the fastest-growing component segment, driven by the increasing electrification of vehicles. The safety segment is expected to be the largest application segment, followed by the powertrain and body electronics segments.

China Industrial Robots Installed Capacity Exceeds 50% of the Global Total

The Chinese robotics industry maintained a stable growth trend in the first half of 2023. The production of industrial robots increased by 5.4% year-on-year to reach 222,000 sets, and the installed capacity of industrial robots accounted for over 50% of the global market. China’s Ministry of Industry and Information Technology has issued the "Robot+" Application Action Implementation Plan, which will accelerate the expansion and application of robots in various industries.

China EV Sales Grow 37% in Q2 2023

Global battery electric vehicle (BEV) sales grew by 50% year-on-year (YoY) in Q2 2023, driven by strong demand in Western Europe, North America, and Asia. Chinese OEMs continued to dominate the global BEV market, accounting for 56% of sales. However, their market share was the lowest in three years, as Western OEMs such as Tesla and Volkswagen gained ground. The global EV market is expected to reach 14 million units in 2023, with a penetration rate of 18%. The automotive industry is undergoing a major transformation, with electrification, connectivity, autonomous driving, and ride sharing being the key trends driving this change.

Aditya-L1: A New Dawn for Solar Science

India launched its first solar mission, Aditya-L1, on September 2, 2023. The spacecraft will study the sun from a vantage point about 1.5 million kilometers from Earth. The mission is expected to last for five years and will generate a significant amount of data that will be used by scientists around the world. The launch of Aditya-L1 is a major milestone for India's space program and a sign of its growing prominence in the global space community.

Analog Semiconductor Market Riding High on Industry 4.0 and IoT Waves

The global analog semiconductor market is expected to grow from $90.2 billion in 2022 to $151.1 billion by 2032, at a CAGR of 5.90%. The growth of the market is driven by the increasing demand for analog semiconductors in a variety of applications, such as Industry 4.0, IoT, big data analytics, and artificial intelligence. The market is segmented into two types: general-purpose and application-specific. General-purpose components are expected to dominate the market in the coming years due to their versatility.

Global Chip Waiver: US Extends Chip Export Waivers to South Korea and Taiwan

The US Commerce Department has extended its one-year exemption for chip manufacturers in South Korea and Taiwan to allow them to continue exporting advanced semiconductor equipment to China. The extension is also seen as beneficial for the global semiconductor supply chain, as it will help to ensure a continued and uninterrupted chip production process.

DOE's $15.5 Billion Grant to Help Automakers Make the Switch to EVs

The US Department of Energy (DOE) has announced a $15.5 billion grant to help automotive factories retool for electric vehicles (EVs). The grant is part of the Biden administration's plan to make the US a leader in the global EV market. The grant will help automakers make the switch to EVs by funding the installation of new equipment and machinery, as well as training for workers.

SiC Power Devices: A $8.9 Billion Market by 2028

The silicon carbide (SiC) power devices market is projected to grow to US$8.9 billion by 2028. The main challenges facing the SiC power devices market are the high cost of SiC wafers and the lack of qualified suppliers. However, the market is expected to overcome these challenges due to the strong demand for SiC power devices in the BEV, solar inverter, and power grid sectors.

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