➀ WSTS报告2024年第三季度半导体市场增长1660亿美元，同比增长10.7%；➁ 英伟达因AI GPU的强劲表现成为最大半导体公司；➂ 2024年第四季度展望显示数据中心市场将推动Nvidia、美光和AMD的收入增长；➃ 2025年展望显示AI将推动服务器增长，但增速将放缓。
Recent #Automotive Industry news in the semiconductor industry
➀ The joint venture between Huawei and Xiaomi has developed the V6s and V8s super motors;
➁ Hunan Huaxiang United Power System Co., Ltd., a hidden champion in the industry with annual revenue exceeding 9 billion yuan, is preparing for an IPO;
➂ Founder Zhu Xingming, the former richest man in Yueyang, has a personal fortune of 13 billion yuan and is listed at 388th in the 2024 Hurun Rich List.
➀ In 2024, EV and fuel cell vehicle sales grew by 25% to reach 16.9 million units, with China's market share expanding to 67%;
➁ Tesla maintained its top position in BEV sales, followed by BYD and SAIC-GM-Wuling, which saw significant growth;
➂ BYD dominated the PHEV segment with a 38% market share, and the industry is expected to see consolidation and potential mergers in 2025.
➀ Ideal Car announced the completion of its self-developed silicon carbide power chips and the mass production of self-developed and self-produced silicon carbide power modules and the new generation electric drive units at their Suzhou semiconductor and Changzhou electric production bases.
➁ These three core technologies will be gradually integrated into Ideal Car's pure electric models, with the first pure electric MPV model MEGA launching in 2024, equipped with Ideal's self-developed SiC module and 800V high-voltage platform.
➂ Ideal Car aims to achieve a total sales volume of 700,000 vehicles in 2025, a 40% increase from 2024, with a significant portion of the increase expected to come from pure electric models.
1. Mercedes-Benz is facing challenges in transitioning to BEVs, with sales declines in both Top-End and Entry segments in 2024; 2. Despite a stock drop and halved net income, the company's legacy engineering, brand loyalty, and R&D pipeline remain strong; 3. Mercedes' 2025 strategy focuses on innovation, luxury, and electrification to maintain its iconic status.
1. Tesla reported Q4 earnings that missed estimates, but investor sentiment was lifted by Elon Musk's optimistic projections, including a $10 trillion revenue potential from robots. 2. Despite valuation concerns, the author upgrades the rating to speculative Buy due to bullish chart setup and Musk's ambitious growth projections. 3. Tesla's cost advantage in autonomous vehicles and potential rapid scaling of Optimus robots support long-term growth.
1. Honda and Nissan are in the process of forming a new partnership to avoid bankruptcy; 2. The new entity could split Japan's auto industry into two camps; 3. The partnership aims to restore global competitiveness and invest in new technologies.
1. President Trump proposes up to 10% universal tariffs on US imports; 2. The EU implements new tariffs on electric vehicles from China; 3. U.S. worker strikes, lower EV demand, and cheaper Chinese alternatives impact automakers; 4. Tesla's Q3 earnings show improvement, but cost challenges persist; 5. GM is the #2 EV seller in America, showing resilience amidst trade disruptions.
➀ In October, the market looks forward to the Fed's interest rate cut to boost the semiconductor and terminal market, and pays attention to the impact of European and American electric vehicle policies on the supply chain, while maintaining a high level of expectation for the growth of data centers.
➁ Consumption electronics are recovering steadily, with smartphone, PC, service robots, smartwatches and other major categories experiencing stable growth in production.
➂ The auto industry shows a polarized market, with slight declines in sales and production, but strong growth in new energy vehicles.
➃ Industrial robots show rapid growth, with a year-on-year increase of 22.8% in September.
➄ New energy industry maintains a good momentum, with stable growth in the output of photovoltaic and energy storage batteries.
➅ Communication equipment remains weak, with a decline of 20.8% in the output of mobile communication base stations.
➆ Home appliance production has a slight rebound, with color TV, air conditioning, refrigerator and washing machine production increasing.
➇ Policies are being implemented to support the semiconductor and automotive industries, with the US and EU increasing support for domestic industries.
➈ Data center demand remains high, with stable growth in consumer electronics and differentiated demand in the auto industry.
➉ The Federal Reserve's interest rate cut is a significant boost for the semiconductor industry, with expectations of continued benefits and a potential wave of mergers and acquisitions.
➊ The EU's final anti-subsidy duty on imported electric vehicles from China will have a short-term impact on exports and revenues of domestic manufacturers.
➋ Chinese electric vehicle manufacturers are actively seeking localization strategies in Europe to cope with the tariffs.
➀ Shanghai Xinwang Weiye Microelectronics Technology Co., Ltd. (Xinwang Micro) is a high-tech enterprise specializing in developing high-performance analog-digital mixed-signal MCU&DSP products based on its自主研发 KungFu instruction set and core architecture.
➁ Xinwang Micro's product line includes MCU, power supply, and radio frequency, with its products certified by ISO26262 ASIL-D functional safety process and IATF16949 automotive quality management system.
➂ Xinwang Micro's KungFu core series MCU showcases high performance, high reliability, and high integration, widely used in automotive, smart home, industrial, and energy storage fields.
1. The EU has imposed tariffs on China-made electric vehicles as high as 45.3% following an anti-subsidy investigation. 2. The tariffs are aimed at protecting EU automakers from unfair competition due to state subsidies in China. 3. China has responded by filing a WTO lawsuit and retaliating with anti-dumping measures on EU brandy imports.
1. Tesla's 3Q FY2024 deliveries missed expectations, signaling potential muted 3Q earnings and adding pressure on revenue and EPS estimates. 2. Despite the optimism surrounding the Robotaxi event, the stock's recent rally could result in a 'sell the news' reaction after the event. 3. Robotaxi is unlikely to significantly boost long-term growth due to challenges like monetization, competition, and regulatory hurdles. 4. China's stimulus could boost 4Q deliveries, but TSLA faces growing competition from domestic Chinese EV makers. 5. The stock's current valuation reflects an optimistic long-term growth outlook based on Elon Musk's ambitious promises.
➀ Macron warns that if the EU continues with its traditional agenda, it may be left behind by the market and could collapse; ➁ The EU's problem is not just short-term economic difficulties but a lack of advanced productivity; ➂ The EU has been struggling to keep up with technological advancements in new energy and renewable energy sectors, with China taking the lead; ➃ China's automotive industry is gaining ground in Europe, raising concerns among EU policymakers.
➀ Samsung Electro-Mechanics is releasing a new range of MLCCs targeting the EV industry; ➁ The new MLCCs offer 2.2nF~470nF capacitance and a rated voltage up to 2000Vdc; ➂ The MLCCs support high-voltage systems for EVs like on-board chargers and motor drive inverters.
➀ Chongqing Xinlian Microelectronics Co., Ltd. received a significant investment of 2.155 billion yuan from the National Integrated Circuit Industry Investment Fund Phase II, marking a rare early-stage investment by the fund. ➁ The company, founded only 9 months ago, is focused on automotive-grade chips and is expected to quickly become a near-billion-dollar unicorn. ➂ Chongqing's efforts to revitalize its automotive industry include strong policy support and investment in smart网联新能源汽车, with the city aiming to reclaim its title as the 'No. 1 Automotive City' in China.
1. Apple was developing a driverless car with innovative windshield technology that integrates a live feed from the car's mirrors directly into the windshield. 2. This technology aims to reduce reliance on peripheral vision by automatically displaying camera feeds based on the driver's movements. 3. Although the Apple Car project was canceled, its technologies might be implemented in future Porsche projects.