Auto Industry News
Track the companies, technologies, and policy shifts reshaping the auto industry. This section follows automakers, electric vehicles, supply chains, and the business decisions moving transportation forward.
Samsung Debuts New Galaxy Smartphones, Eyeing Pandemic-Weary Consumers
SEOUL— Samsung Electronics Co. ’s newest smartphones feature improved cameras, display functions for weary eyes and stylus compatibility. But as global smartphone sales are projected to return to pre-coronavirus levels this year, the…
Chips Are in Hot Demand—and That's a Problem
Chips Are in Hot Demand—and That's a Problem Source link
TSMC to Spend Up to Record $28 billion in Advanced Chips, Capacity
Taiwan Semiconductor Manufacturing Co. , a key chip supplier to Apple Inc., plans to spend more than ever on developing advanced chips and building plant capacity, capitalizing on a surge in semiconductor demand that has led to a…
Car-Safety Regulators Urge Tesla to Recall Around 158,000 Vehicles
Federal regulators are asking Tesla Inc. to recall about 158,000 vehicles over safety concerns in what would amount to one of the biggest safety actions by the electric-vehicle maker. The National Highway Traffic Safety Administration…
Etsy’s Cup May Have Runneth Over
Crafting has turned into catnip for investors, but the high can’t last forever. Shares of online marketplace Etsy soared on Tuesday, closing up 12% after Jefferies analyst John Colantuoni published a report noting continued acceleration…
Foxconn, Geely team up to build electric, autonomous and shared vehicles for automakers – StockSharksNewsh
The electric, autonomous vehicles of the future might be manufactured by Apple’s main supplier Foxconn and Chinese automaker Zhejiang Geely Holding Group. The two companies have agreed to form a joint venture focused on contract…
Apple to Open Developer Academy, Provide Funding for Minority Entrepreneurs
Apple Inc. is launching several projects to extend education and funding opportunities to minority entrepreneurs, part of the $100 million pledge it made in June to help combat racism in response to the national outcry over George Floyd’s…
Chinese Covid-19 Vaccine Is Far Less Effective Than Initially Touted in Brazil
Brazilian researchers testing China’s Sinovac Vaccine said Tuesday that full data showed it to be 50.38% effective against Covid-19 in late-stage trials, almost 30 percentage points lower than previously announced, as concerns grow over…
AutoX becomes China’s first to remove safety drivers from robotaxis – StockSharksNewsh
Residents of Shenzhen will see truly driverless cars on the road starting Thursday. AutoX, a four-year-old startup backed by Alibaba, MediaTek and Shanghai Motors, is deploying a fleet of 25 unmanned vehicles in downtown Shenzhen, marking…
Tech, Medical Sector Convergence Leads to Opportunity for Digital-Health Startups
Digital-health startups will profit from a growing convergence of the technology and medical industries, as players in both sectors seek small companies’ help as they branch out, an industry report predicts. Technology companies such as…
Volunteers to Be Infected With Coronavirus in Planned Experimental Trials
LONDON—U.K. researchers plan to start infecting healthy volunteers with tightly controlled doses of the coronavirus in early 2021 in what they called a first-of-its-kind effort to more rapidly gauge the effectiveness of multiple vaccines…