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Quanta Computer will ramp up production for AI servers between the end of 3Q23 and 4Q23. It also remains optimistic about growth generated from sales in the electric vehicle (EV) sector.
Porsche announced that it will adopt advanced driver assistance systems (ADAS) from Intel-owned Mobileye in future vehicle models. The premium carmaker said the systems will be integrated and tuned by its specialists to create a brand-worthy driving experience.
LiDAR is rising to be the emerging component differentiating car models in China. According to Evan Chen, an analyst with DIGITIMES Research, global automotive LiDAR shipment is expected to reach 500,000 units in 2023, with China taking up at least 80% of it.
China-based semiconductor company Black Sesame has become Baidu's latest chip partner to support the latter's auto-navigation and valet parking solution. The chip unicorn has been establishing partnerships with companies worldwide to gain a presence.
As Tesla continues to cut prices for its products worldwide, the world's largest BEV brand signaled that the price war would not end soon as the company can withstand more price cuts than others and eyes long-term profitability thanks to software and services.