Menu
Filters
Your Selections
    [clear all]
    Asset
    Published
    Service
    Topical Categories
    Supplier
    OEM
    Region/Country
    SK Innovation partners with Glencore to source Cobalt for EV batteries
    SK Innovation has signed a long-term contract with Glencore to source up to 30,000 tonnes of cobalt contained in hydroxide between 2020 and 2025, Glencore announced in a press release on 4 December. The cobalt in this supply contract will be sourced from Glencore’s industrial mining operations loc...
    Ecopro BM partners with Blackstone Minerals for battery materials
    South Korean battery cathode  maker Ecopro BM has partnered with Blackstone Minerals for battery materials for lithium-ion batteries, Blackstone Mineral announced in a press release today (2  December). Ecopro BM and Blackstone have signed a non-binding Memorandum of Understanding (MOU) un...
    Bridgestone to establish Innovation Park to accelerate innovation in Japan
    Japan-based Bridgestone Corporation has announced plans to create ‘Bridgestone Innovation Park’, a global center of research, development, and wellness that will help the company accelerate its transformation into a global leader in advanced mobility and sustainable solutions for a world in moti...
    Sumitomo Rubber develops ‘Tire Leap AI Analysis’ for development of long-lasting tire
    Sumitomo Rubber Industries Ltd (SRI) has developed a new technology that makes use of artificial intelligence (AI) to predict the properties of rubber, according to a company press release on 26 November. The technology called ‘Tyre Leap AI Analysis’ can also detect rubber’s structural changes...
    27-Nov-2019 News New Products
    Kasai Kogyo net income drops 42.1% y/y to USD12.9 million in H1 2019
    Japan-based automotive interior parts supplier Kasai Kogyo has reported a 42.1% year-on-year (y/y) decline in net income to JPY1.4 billion (USD12.9 million) for the first six months ended 30 September 2019, according to a company press release on 14 November. Net sales for the period also fell by 9%...
    Bridgestone unveils rubber/resin hybrid polymer
    Bridgestone has developed a new rubber/resin hybrid polymer called SUSYM, the Japanese supplier said in a press release on 11 November. The company claims it to be the first polymer that bonds rubbers and resins on the molecular level. “SUSYM boasts the high levels of durability and resistance of ...
    20-Nov-2019 News New Products
    Panasonic develops new battery management technology for multicell stacked lithium-ion batteries
    Panasonic has developed a new battery management technology for multicell stacked lithium-ion batteries used for various applications including electric vehicles (EVs), the company announced in a press release on 14 November. Panasonic has developed this technology in collaboration with Professor Ma...
    15-Nov-2019 News New Products
    Keihin’s H1 net profit down 76.2% y/y to USD16.5 million
    Keihin has reported a 76.2% year-on-year (y/y) decline in net income to JPY1.7 billion (USD16.5 million), for the first six months ended 30 September 2019, according to a company press release on 30 October. Net sales during the period fell by 5.2% y/y to JPY164.1 billion. Keihin’s operating profi...
    Bridgestone’s net profit fall 6.4% y/y to USD1.9 billion during January-September 2019
    Bridgestone’s net income decreased 6.4% year over year (y/y) to JPY205.4 billion (USD1.9 billion) in the first nine months ended 30 September 2019, the Japan-based tire-maker said in a press release on 8 November. Net sales for the period declined by 1.5% y/y to JPY2.6 trillion. The company witnes...
    Ichikoh’s net profit down 36.8% y/y to USD35.5 million during January-September 2019
    Ichikoh Industries, a Valeo company, has reported a 36.8% year-on-year (y/y) decline in net profit to JPY3.8 billion (USD35.5 million) for the first nine months of the year ending 30 September, according to a company press release on 7 November. Net sales for the period amounted to JPY100.3 billion,...
    Denso leads Series A financing round for radar sensor start-up Metawave
    Denso has announced that it led the Series A funding round for Metawave Corporation, a start-up focused on radar sensing for automated driving and wireless solutions for 5G deployments, Denso said in a press release on 5 November. Other Series A participants included new Metawave investors, Mirae As...
    INFINITI announces electrified vehicle powertrain, platform development strategy
    In a press release dated 4 November, INFINITI unveiled its electrified vehicle powertrain and platform development strategy. The company said it will launch vehicles equipped with fully-electric systems as well as Nissan’s e-Power technology. “The fully-electric and gas-generated EV powertrain o...
    Hyundai invests in three hydrogen technology companies
    Hyundai Motor has invested in three hydrogen technology companies – Impact Coatings, H2Pro and GRZ Technologies – to strengthen its leadership position in the global hydrogen fuel cell ecosystem, the company announced on 29 October. Impact Coatings has expertise in coating solutions fo...
    01-Nov-2019 News Investments
    Veoneer to divest brake system JV operations in Japan and China
    Veoneer has inked agreements to sell its 51% stake in the Japanese (VNBJ) and Chinese (VNBZ) entities that comprise Veoneer Nissin Brake Systems (VNBS) to its joint venture (JV) partner Nissin-Kogyo Co., Ltd. and Honda Motor Co Ltd, according to a company press release. The purchase price is ar...
    Umicore to supply NMC cathode materials to Samsung SDI
    Umicore has signed a multi-year strategic agreement with Samsung SDI to supply high-performance NMC (nickel manganese cobalt) cathode materials, the company announced in a press release on 24 October. Umicore will supply 80,000 metric tonnes of NMC cathode material from its plants in different regio...
    Panasonic offers autonomous ride-sharing service to employees around its headquarters in Japan
    Panasonic has started offering an autonomous ride-sharing service to its employees around its headquarters in Kadoma City, Osaka Prefecture, Japan, the company said in a press release on 25 October. The ride-sharing service covers the 468,400-square meter site, which has more than 14,000 employees. ...
    Sumitomo Rubber to supply Falken brand of OE tires for 2020 Toyota RAV4 TRD Off-Road
    Sumitomo Rubber Industries will be supplying its Falken brand of tires as original equipment (OE) fitment for the new 2020 Toyota RAV4 TRD Off-Road, according to a company press release on 29 October. The tire-maker is supplying Falken WILDPEAK All-Terrain (or A/T) Trail 01A, size 225/60R18 (100H-ra...
    Koito’s H1 net income down 12.2% y/y to USD269.6 million
    Koito's net profit declined 12.2% year on year (y/y) to JPY29.1 billion (USD269.9 million) in the first six months ended 30 September 2019, according to a company press release on 28 October. Net sales for the period grew 1.6% y/y to JPY399 billion. Despite higher sales, the Japanese automotive ligh...
    Umicore opens new plant for fuel cell catalysts in South Korea
    Umicore has opened a new plant to manufacture fuel cell catalysts in SongDo Incheon City (Seoul area), South Korea, the company announced in a press release on 23 October. The facility will support the growth of Hyundai Motors Group as well as other automotive customers.  The company is plannin...
    29-Oct-2019 News Investments
    Low emissions zones and their impact on powertrain development
    A study by the European Union (EU) in 2017 states that cars are responsible for around 12% of total carbon dioxide (CO₂) emissions in the EU. By 2021, under the emission reduction targets planned by the EU, all new cars must achieve an average of 95 grams of CO₂ emissions per kilometer. This mea...
    Lighting Suppliers strategy: Outlook
    ADAS (advanced driver assistance systems) and AD (autonomous driving) are now some of the main reasons for the automotive industry to improve safety for drivers and road users. Technologies such as laser, digital projections, and LED matrix are gathering momentum in the industry for both exterior an...
    Intelligent braking: Trends and drivers
    Vehicle systems today are increasingly attempting to reduce driver dependence in the event of a crash, apart from day-to-day driving. Braking systems are also being looked at from a critical eye in this respect, in order to further the safety cause in an imminent autonomous future. No longer looking...
    Koito supplies laser high-beam headlamps to Nagoya University’s electric concept vehicle
    Koito Manufacturing Co Ltd. is supplying its lightweight and power-saving laser high-beam headlamps, LED low-beam headlamps, and other lamps for the ‘GaN Vehicle,’ the first electric concept vehicle developed by Nagoya University that utilizes Gallium Nitride (GaN) devices, Koito said in a ...
    Tokyo Motor Show 2019: Marelli presents interior, autonomous driving, lighting and electrification solutions
    Marelli is showcasing its advanced products and technologies in the field of interior, autonomous driving, lighting and electrification at the Tokyo Motor Show 2019 in Japan, the company said in a press release on 24 October. In the area of the interior, Marelli will present its ‘Human-Max Cabi...
    Tokyo Motor Show: Mazda showcases production-ready all-electric MX-30
    Mazda has unveiled its first mass produced all-electric vehicle MX-30 at the 2019 Tokyo Motor Show, the company announced in a press release on 23 October. The MX-30 crossover will have a 33.5kWh lithium-ion battery with prismatic cells. “In any era, Mazda wants people to experience exuberant mome...
    24-Oct-2019 News New Products
    BASF to supply foam systems to Hyundai for car seat production in South Korea
    BASF will be supplying Elastoflex® flexible polyurethane (PU) foam systems to Hyundai for the production of its car seats at the automaker’s plant in Ulsan, South Korea, BASF said in a press release on 23 October. The highly resilient PU foam is a low volatile organic compound (VOC) solution idea...
    Tokyo Motor Show 2019: Lexus showcases ‘LF-30 Electrified’ concept
    Lexus has showcased its all-electric ‘LF-30 Electrified’ concept at the 2019 Tokyo Motor Show, the company announced in a press release today (23 October). The concept is equipped with a 110 kWh battery which gives it a range of 500 kilometers, as per Worldwide harmonized Light vehicles Tes...
    23-Oct-2019 News New Products
    Tokyo Motor Show 2019: Nissan showcases new design language with Ariya and IMk concept
    Nissan has unveiled its all-electric Ariya and IMk concept at the 2019 Tokyo Motor Show, the company announced in a press release today (23 October). Nissan said that both concepts showcase its new design language and will “serve as two bookends" for Nissan's new vision of an electrified brand ide...
    23-Oct-2019 News New Products
    The challenges EV start-ups are facing
    Sales of plug-in electric vehicles (PEV) totaled more than 2 million units in 2018, a 63% increase from the previous year, according to the IEA’s Global EV Outlook 2019. PEVs accounted for 2% of global light-vehicle sales in 2018, which is a quantum jump from 0.3% in 2015. If recent announcements ...
    WiTricity signs licensing agreement with South Korea-based Green Power
    WiTricity has entered into licensing and technology transfer agreements with Green Power, a South Korea-based supplier of power electronics and high power wireless charging systems for various applications, according to a press release on 22 October. The agreements will allow Green Power to leverage...
    Mercedes-Benz launches all-electric EQC in South Korea
    Mercedes-Benz has launched the all-electric EQC sport utility vehicle (SUV) in South Korea, The Korea Herald reported on 21 October, citing the carmaker. The SUV has been priced starting at KRW105 million (USD89 million). Mercedes-Benz has also introduced its premium charging services and has expand...
    Hitachi Automotive Systems commences mass production of high-output EV inverter
    Hitachi Automotive Systems has started mass production of its 800-volt compatible high voltage and high output inverter for electric vehicles (EV), the company announced in a press release on 18 October. The new inverter’s high cooling performance and high voltage, compared to the previous generat...
    21-Oct-2019 News New Products
    Korea aims to have 33% of new vehicles to be electric by 2030
    South Korea is aiming to have 33% of all new vehicles sold in the country to be electric by 2030, Korea Herald reported on 15 October, citing South Korean president Moon Jae-in. In the same time frame, the country is expecting to corner 10% of the global green car market. “Korea will raise the por...
    SsangYong signs deal with Saudi National Automobiles Manufacturing for local assembly of SUVs in Saudi Arabia
    In a press statement released last week, South Korean auto maker SsangYong Motor Co. announced that it had signed a deal with Saudi Arabian firm Saudi National Automobiles Manufacturing Co. (SNAM). The deal allows the company to assemble completely knocked down (CKD) units at the production facility...
    Sumitomo Rubber supplies Dunlop brand OE tires for Lexus LS in Japan
    Sumitomo Rubber Industries is supplying its high-performance Dunlop brand tires as original equipment (OE) for Toyota’s Lexus LS models in Japan, the company announced in a press release on 10 October. The company is supplying Dunlop SP Sport Maxx 050 DSST CTT tires for the Lexus LS model. Sign...
    Schaeffler develops stacked bipolar plates for fuel cells
    Schaeffler has developed stacked metallic bipolar plates for fuel cells and fuel cell stacks, the company announced in a press release on 15 October. Schaeffler will be showcasing its solutions for fuel cells at the 2019 Tokyo Motor Show in Japan. The company will also showcase its electric motors i...
    Asahi Kasei presents concept car AKXY and lightweight solutions at K 2019 trade fair
    Asahi Kasei is showcasing its engineering plastics and foam materials for the automotive industry at the ongoing K 2019 trade fair for plastics and rubber in Düsseldorf, Germany, the company said in a press release on 14 October 2019. The Japanese supplier is presenting its fully drivable electric ...
    Everlight to demonstrate automotive lighting products at CEATEC Japan
    Taiwan-based Everlight Electronics is showcasing mini tail lamps, smart multi-tail lamps, and the latest fish scale tail lamps at the 2019 CEATEC in Japan from 15-18 October, according to a company press release on 14 October. In addition, the company is exhibiting various special lighting and displ...
    Tokyo Motor Show 2019: Lexus to showcase all-electric concept
    Lexus is set to showcase an all-electric concept at the 2019 Tokyo Motor Show in Japan, the company announced in a press release on 10 October. Without giving much detail about the concept, Lexus said, “Leveraging continued advances in technologies such as electrification and autonomous drivi...
    11-Oct-2019 News New Products
    Team of researcher shows EV prototype with dynamic charging system in Japan
    A team of researchers have showcased an advanced electric vehicle (EV) prototype with a dynamic charging system in Japan, The Japan Times reported on 10 October. The motors in the vehicle are powered by electricity transmitted from road coils through magnetism, allowing the motors to be wireles...
    Tokyo Motor Show 2019: Denso to display solutions for safety, connectivity and e-mobility
    Denso will display its range of safety, connectivity and e-mobility solutions at the upcoming Tokyo Motor Show in Japan, according to a company press release on 8 October. The Japanese supplier will introduce its most innovative vehicle products in an interactive way through the Augmented Reality (A...
    Myongshin to manufacture EVs for Chinese EV startup BYTON in South Korea
    South Korean component maker Myongshin has entered into an agreement with Chinese electric vehicle (EV) startup Byton to manufacture an EV for Byton brand in South Korea, Reuters reported last month, citing a statement from the government of Jeonbuk province. The vehicles will be manufactured at the...
    Tokyo Motor Show 2019: Mitsubishi to showcase plug-in hybrid MI-TECH Concept
    Mitsubishi Motors is set to showcase its plug-in hybrid (PHEV) sport utility vehicle (SUV) MI-TECH Concept at the 2019 Tokyo Motor Show in Japan, the company announced in a press release on 3 October. Mitsubishi will also showcase the electrified Mitsubishi Engelberg Tourer PHEV and Outlander P...
    09-Oct-2019 News New Products
    Tokyo Motor Show 2019: Toyoda Gosei to display new front grille module, steering wheel module, airbag system
    Toyoda Gosei will display its new front grille module, steering wheel module, airbag system integrating sensors, and other electronic components at the 2019 Tokyo Motor Show, which will be held from 23 October to 4 November in Japan. The company will showcase its connectivity, autonomous driving, sh...
    Mitsubishi Electric to establish new plant in India
    Japanese firm Mitsubishi Electric made an announcement today that the company will commence construction of a new facility in the state of Gujarat, India. The plant will be based within the premises of the company’s subsidiary, Mitsubishi Electric Automotive India Pvt Ltd. (MEAI). Signific...
    Impact of increasing sensor fitment on the in-vehicle network
    ADAS for Autonomous Driving is the major force for the automotive in-vehicle networking sensor market; especially for image and radar sensors. These devices are being integrated into several interior and exterior components of the vehicle, including radar into bumpers and grills, and image sensors i...
    Marelli sets up external Advisory Expert Board
    Marelli has established an external Advisory Board for Magneti Marelli CK Holdings Co Ltd, a holding company of Marelli from 1 October to provide ongoing strategic advice to the Marelli Board, the company said in a press release on 1 October. The Advisory Board will consist of global market exp...
    Tokyo Motor Show 2019: Suzuki to showcase WAKU SPO PHEV concept
    Suzuki is set to showcase its new WAKU SPO plug-in hybrid electric vehicle (PHEV) concept at the 2019 Tokyo Motor Show in Japan, the company announced in a press release on 30 September. The compact car will have a special feature which will enable it to switch its body shape, front mask, and conten...
    03-Oct-2019 News New Products
    Nissan unveils new all-electric IMk concept car in Japan
    Nissan has unveiled a new all-electric concept city car IMk in Japan, the company announced in a press release today (1 october). Nissan said that the concept showcases the new direction of Nissan’s design language. “As a small EV for a new era, the Nissan IMk is designed to be at home in sophis...
    01-Oct-2019 News New Products
    Renault Samsung Motors to scale back production at Busan plant in South Korea
    South Korean automotive manufacturer Renault Samsung Motors has announced that the company will be lowering its production output at its Busan facility, according to a report filed by The Korea Herald, citing a company spokesperson. Significance: The reduced production will come into effect this ...
    Smart Eye to supply driver monitoring system for eight new car models of Japanese OEM
    Smart Eye will supply its driver monitoring system (DMS) to eight additional car models to one of Japan's major automakers, the company said in a press release on 27 September. Smart Eye will supply a second generation DMS to eight new car models for a Japanese automaker. It involves software for an...
    Mando opens a new R&D centre in Germany
    South Korean automotive components maker Mando has inaugurated its newest R&D center in the German city of Frankfurt. The company's existing R&D center in Frankfurt has been operational since 2010. Significance: The new R&D center of Mando adds another 12,000 square meters o...
    Rear-, four-wheel steering technology in steer-by-wire systems
    Rear- or four-wheel steering has become synonymous with luxury. There are several factors contributing to the growth in demand for rear-steering systems, and perhaps the biggest factors are the need for improved comfort and handling higher safety solutions in a vehicle. As the automotive industry pr...
    Tokyo Motor Show 2019: Mazda to showcase its first mass-production EV
    Mazda has announced that it will showcase its first mass-production all-electric vehicle at the 2019 Tokyo Motor Show in Japan next month, according to a company press release on 25 September. Mazda said that the new electric vehicle (EV) will be a completely new model and will be the third installm...
    26-Sep-2019 News New Products
    LG Chem to source NMC cathode materials from Umicore
    LG Chem has signed a memorandum of understanding (MOU) with Umicore to source NMC (nickel-manganese-cobalt) cathode materials, Umicore announced in a press release on 23 September. The multiyear strategic supply agreement comes into effect in 2020 and covers a total volume of 125,000 metric ton...
    Covestro upgrades R&D lab in Japan
    Covestro has upgraded its research and development (R&D) base in Japan called Innovation Center Japan (ICJ) to further provide innovative solutions and material developments focused particularly on automotive and construction segments, according to a company press release on 18 September. The co...
    Hyundai Motor Group develops new center side airbag
    Hyundai Motor Group has developed a new center side airbag, according to a press release on 18 September. As the name suggests, the new additional airbag expands into the space between driver and passenger seats to prevent head injuries of passengers in the front row. If there is no one in the front...
    19-Sep-2019 News New Products
    Hankook Tire supplies OE tires for Audi's Q8 model series
    Hankook Tires is supplying original equipment (OE) tires for the new Audi Q8, according to a company press release on 18 September. The tire-maker is supplying three tire lines for the four-door sport utilioty vehicle (SUV)—the ultra-high performance summer and winter treads Ventus S1 evo 3 SUV an...
    South Korea sets aside more than KRW1 trillion in subsidy for purchase of EVs in 2020
    South Korea is planning to offer KRW1 trillion (USD827 million) as purchase incentive for battery electric electric (BEV) and fuel-cell electric vehicles (FCEV) in 2020, Yonhap News Agency reported earlier this month, citing a government official. Nearly KRW738.2 billion will be for the purchase of ...
    TDK launches new multilayer varistors for automotive Ethernet
    TDK has expanded its lineup of multilayer varistors for automotive Ethernet with the addition of AVRH10C221KT1R5YA8, according to a company press release on 17 September. The new product features a very high Electrostatic discharge (ESD) robustness for use in particularly hostile environments. The p...
    18-Sep-2019 News New Products
    Toyota launches redesigned Corolla with hybrid powertrain in Japan
    Toyota Motor Corporation has just rolled out their all-new Corolla family of vehicles. This revised lineup includes the Toyota Corolla sedan, the Corolla Sport hatchback and the Corolla Touring station wagon. The Corolla series debuted in 1966 and has remained one of the bestselling car models in au...
    18-Sep-2019 News New Products
    Irreversible diesel declines or “safe haven” market opportunities?
    Diesel, as a choice of fuel for light duty vehicle powertrains, has globally witnessed a fall in demand since 2016. IHS Markit forecasts the production of diesel powertrains will decline globally by about 3% in the period 2018-25. One of the key regions that will lower the global count will be Europ...
    LG Innotek to introduce C-V2X modules at Automotive World Nagoya 2019 in Japan
    LG Innotek will introduce V2X modules, including C-V2X (Cellular Vehicle-to-Everything) as well as Bluetooth / Wi-Fi modules, cellular modules, and low-power Bluetooth solutions at the Automotive World Nagoya 2019 in Japan this week, according to a press release on 15 September. At the show, the com...
    LG Innotek to present LED lighting solution at Automotive World Nagoya 2019 in Japan
    LG Innotek will present its newly developed Nexlide series, the next generation vehicle LED light sources at the Automotive World Nagoya 2019 in Japan this week, according to a company press release on 15 September. The 3D flexible lighting module is made by attaching several LED packages to a thin ...
    Bridgestone supplies Ecopia tire for 2020 Ford Escape
    Bridgestone Americas will supply original equipment fitment tires for select models of the 2020 Ford Escape sport utility vehicle (SUV), the US subsidiary of Bridgestone said on 12 September. The Japanese tiremaker is supplying Ecopia H/L 422 Plus tire for the Titanium and Titanium Hybrid models of ...
    IAA 2019: Sekisui Chemical unveils new materials for automotive applications
    Sekisui Chemical is showcasing its new products in a concept car for the European automotive industry at the ongoing 2019 IAA in Germany, according to a company press release on 10 September. The exhibit includes ‘Color Carbon,’ luminous / HUD (head-up display) interlayer films and thermal-manag...
    12-Sep-2019 News New Products
    Koito develops BladeScan Adaptive Driving Beam headlamp system
    Koito Manufacturing has developed and started mass-producing ‘BladeScan™’ ADB (Adaptive Driving Beam) headlamp system, according to a company press release on 9 September. The company’s new BladeScan is adopted by Toyota for its new Lexus RX model. Significance: To prevent traffic acciden...
    12-Sep-2019 News New Products
    Hyundai, Kia invests in EV charging start-up IONITY
    South Korean Hyundai Motor Group has invested in IONITY, Europe’s fast electric vehicle (EV) charging service provider, the companies announced in separate press releases on 9 September. IONITY is a joint venture (JV) established between BMW Group, Ford Motor Co, Daimler AG and the Volkswagen Grou...
    TDK launches new aluminum electrolytic capacitors for automotive applications
    Japan-based TDK has launched a new series of aluminum electrolytic capacitors – known as the SMD series – for diverse applications including automotive, according to a company press release on 4 September. The SMD series has extended TDK’s range of hybrid polymer aluminum electrolytic capacito...
    06-Sep-2019 News New Products
    TDK launches new power inductors for LED headlights
    TDK has launched new power inductors for automotive LED headlights, according to a company press release on 3 September. The new series SPM-VT series expands TDK’s lineup of metal core power inductors. The new wire-wound power inductors feature both a broad operating temperature range from -55°C ...
    04-Sep-2019 News New Products
    Toray subsidiaries to exhibit advanced materials at Composites Europe 2019
    Toray Industries’ five subsidiaries will exhibit advanced materials at the Composite Europe 2019 in Germany this month, according to a company press release on 2 September. Carbon fiber and composite materials subsidiaries Toray Carbon Fibers Europe, Zoltek, Composite Materials (Italy), Delta-Preg...
    Teijin completes acquisition of Benet Automotive
    Teijin Limited has completed its previously announced acquisition of Benet Automotive s.r.o. (Benet), a major automotive composite and component supplier in the Czech Republic, from Jet Investment, according to a company press release on 2 September. The acquisition was completed on 30 August. Be...
    Asahi Kasei to present high-performance foam materials at Foam Expo Europe 2019
    Japan-based Asahi Kasei is showcasing its high-performance foam materials SunForce™ and, for the first time, polyamide (PA) Foam at the Foam Expo Europe in Stuttgart, Germany, according to a company press release last month. The Japanese supplier said that the new materials open new doors for heat...
    03-Sep-2019 News New Products
    NGK Spark Plug’s Q1 net income drops 29% y/y to USD90.8 million
    NGK Spark Plug’s net income declined 29% year over year (y/y) to JPY9.8 billion (USD90.8 million) in the first quarter ended 30 June 2019, the Japan-based company said in a press release. Sales were up marginally, by 1.5% y/y, to JPY108.5 billion. Despite higher net sales, NGK recorded 18.4% y/y d...
    Sumitomo Rubber’s H1 net income drops 55.5% y/y to USD58.5 million
    Sumitomo Rubber Industries has reported a decline of 55.5% year on year (y/y) in net income to JPY6.3 billion (USD58.5 million) for the first six months ended 30 June 2019, according to a company press release on 7 August. Net sales for the period were up marginally by (0.9% y/y) to JPY429.3 billion...
    Toyo Tire appoints Kenta Kuribayashi as president of its European tire production subsidiary
    Toyo Tire has appointed Kenta Kuribayashi as president of its tire production subsidiary in Europe, according to a company press release on 29 August. Kuribayashi will continue serving as chairman and CEO of Toyo Tire RUS LLC. and president of Toyo Tire Europe GmbH, as well as corporate officer, pre...
    Toyoda Gosei invests in AI start-up TRYETING
    Toyoda Gosei has invested in artificial intelligence (AI) start-up TRYETING to accelerate the development of materials using AI, according to a company press release on 29 August. The company has invested JPY50 million (USD470,000) in the start-up. Japan-based TRYETING is a start-up that pro...
    Toray concludes agreement to acquire Alva Sweden
    Toray Industries has concluded an agreement with AB Anders Westerlind to acquire a Swedish manufacturer of cushions for automotive airbag systems Alva Sweden AB (Alva), the Japanese supplier said on 28 August. The agreement includes acquisition of all of the shares of Alva Sweden AB and it...
    Toyota enters capital alliance with Suzuki to strengthen strategic partnership
    Toyota Motor and Suzuki Motor have agreed to enter into a capital alliance as part their strategy to “establish and promote a long-term partnership,” the two automakers said in a joint press release on 28 August. Under the plan, Toyota will pay JPY96 billion to acquire 4.94 % stake in Suzuki thr...
    Tachi-S reports USD11.7 million net loss for Q1
    Automotive seating supplier Tachi-S has reported net loss of JPY1.26 billion (USD11.7 million) in the first quarter ended 30 June 2019 compared to net profit of JPY1.56 billion (USD14.1 million) a year earlier, the company said in a press release. The company also recorded operating loss of JPY1.23 ...
    LG Innotek develops Nexlide-HD flexible 3D lighting for cars
    LG Innotek has developed a new flexible three-dimensional (3D) lighting for cars—Nexlide-HD (High Definition)—according to a company press release on 28 August. The company claims that the new lighting solution emits bright and uniform light from five directions for the first time in the industr...
    29-Aug-2019 News New Products
    GS Yuasa’s Q1 net profit up 3% y/y to USD13.3 million
    Battery supplier GS Yuasa has reported 3% year-over-year (y/y) increase in net profit to JPY1.47 billion (USD13.3 million) in the first quarter ended 30 June 2019, the company said in a press release earlier this month. Net sales declined 6.4% y/y to JPY90.1 billion. Lower sales also resulted in the...
    Ibiden’s Q1 net income up 8% y/y to USD26.9 million
    Ibiden’s net income increased 8% year over year (y/y) to JPY2.9 billion (USD26.9 million) in the first quarter ended 30 June 2019, the Japanese supplier said in a press release earlier this month. Net sales were up marginally by 2% y/y to JPY73.3 billion. Ibiden recorded 53.1% y/y growth in operat...
    NSG Group’s Q1 net income down 47% y/y to USD26.9 million
    NSG Group has reported a fall of 47% year on year (y/y) in its net income to JPY2.9 billion (USD26.9 million) during the first quarter ended 30 June 2019, according to a company press release earlier this month. Net revenue for the quarter decreased 7% y/y to JPY147.1 billion. NSG Group’s operatin...
    NSK's Q1 net income down 50.2% y/y to USD81.9 million
    NSK has reported a fall of 50.2% year on year (y/y) in its net income to JPY8.8 billion (USD81.9 million) during the first quarter ended 30 June 2019, according to a company press release last month. Net sales for the first three months of the fiscal year decreased by 14.5% y/y to JPY222.9 billion. ...
    Omron’s Q1 net profit down 41.8% y/y to USD79.1 million
    OMRON has reported a 41.8% year-on-year (y/y) decline in net income to JPY8.5 billion (USD79.1 million) for the first quarter ended 30 June 2019, according to a company press release last month. The company recorded a 41.2% y/y drop in operating income to JPY10 billion. Net sales for the quarter dec...
    Topy Industries’ Q1 net profit down 59.2% y/y to USD7 million
    Topy Industries has recorded a 59.2% year-on-year (y/y) decline in net income to JPY762 million (USD7 million) for the first quarter ended 30 June 2019, according to a company press release earlier this month. Net sales for the period increased 7.7% y/y to JPY69.6 billion. The company’s operating ...
    AGC’s H1 net income drops 32.9% y/y to USD299 million
    AGC has reported a 32.9% year-on-year (y/y) decline in net income to JPY32.3 billion (USD299 million) for the first six months ended 30 June 2019, the company said in a press release. Net sales for the period were down 1.1% y/y to JPY737.5 billion, resulting in a 31.2% y/y fall in operating profit t...
    Toyota to deploy diverse mobility solutions at the Tokyo 2020 Olympic and Paralympic Games
    Toyota has announced plans to offer a diverse range of mobility solutions at the Tokyo 2020 Olympic and Paralympic Games next year, the company said in a press release on 23 August. The Japanese automaker will provide a total of around 3,700 vehicles and mobility solutions, about 90% of which w...
    Varroc: Focus on improving vision with safety and style
    Vehicle headlights are shifting from conventional bulb headlamps to high-resolution matrix headlights that focus on enhancing safety through various sensors. Most of the safety concerns, such as blind-spot and forward-collision warnings and avoidance, have diminished with the use of cameras and adva...
    Toray Industries starts production of new material for automotive touch panels
    Toray Industries, Inc. has started the full-fledged production of RAYBRID™, a new photosensitive functional coating material for automotive touch panels, according to a company press release last month. Toray claims that the material can help improve the visibility and operability of automotive to...
    23-Aug-2019 News New Products
    Asahi Kasei’s Q1 net income down 33% y/y to USD225.8 million
    Asahi Kasei’s net income declined 33% year ove -year (y/y) to JPY24.4 billion (USD225.8 million) in the first quarter ended 30 June 2019, the Japanese supplier said in a press release earlier this month. Net sales for the quarter increased 2.5% y/y to JPY502 billion. Despite higher sales, Asahi Ka...
    Stanley Electric Q1 net income falls 5.8% y/y to USD87.1 million
    Stanley Electric Company Ltd has reported a 5.8% year-over-year (y/y) fall in net income for the first quarter ended 30 June to JPY9.41 billion (USD87.1 million), the company said in a press release dated 29 July. Net sales for the period declined by 6% y/y to JPY103.26 billion, resulting in a 7.8% ...
    Press Kogyo’s Q1 net income down 22.1% y/y to USD12.9 million
    Press Kogyo has reported a 22.1% year-on-year (y/y) decline in net profit to JPY1.4 billion (USD12.9 million) for the first quarter ended 30 June, according to a company press release on 8 August. The company also witnessed a marginal decline of 1.1% y/y in sales to JPY54 billion, resulting in 11.8%...
    SK Innovation secures loans worth USD657 million for EV battery production
    SK Innovation has secured ‘green loans’ worth KRW800 billion (USD657 million) to expand its electric vehicle (EV) battery production and lithium-ion battery separators (LiBS) plants, The Korea Times reported, citing the company. SK Innovation has raised the loans from banks in the United States,...
    Nichicon’s Q1 net profit down 18.9% y/y to USD8.6 million
    Nichicon has reported a drop of 18.9% year on year (y/y) in its net profit to JPY934 million (USD8.6 million) for the first quarter ended 30 June 2019, according to a company press release on 9 August. However, net sales during the 3-month period increased by 1.2% y/y to JPY29.2 billion. Nichicon’...
    Renesas Electronics introduces fourth-generation Li-ion battery management IC
    Renesas Electronics has developed the fourth-generation lithium-ion (li-ion) battery management integrated circuit (IC), the company announced in a press release on 8 August. The automotive-grade ISL78714 battery management IC provides cell voltage and temperature monitoring, along with cell balanci...
    13-Aug-2019 News New Products
    Bridgestone’s H1 net profit down 11.8% y/y to USD866.5 million
    Bridgestone’s net income decreased 11.8% year over year (y/y) to JPY118.7 billion (USD866.5 million) in the first six months ended 30 June 2019, the Japan-based tire-maker said in a press release on 9 August. Net sales for the period declined by 1.7% y/y to JPY1.74 trillion. The company witnessed ...
    Keihin’s Q1 net income falls 44.3% y/y USD22.3 million
    Keihin has reported a net income of JPY2.4 billion (USD22.3 million), which is a fall of 44.3% year on year (y/y), during the first quarter ended 30 June 2019, according to a company press release on 2 August. Net sales during the quarter also fell 3.6% y/y to JPY84.1 billion. Keihin’s operating p...
    Renesas supplies R-Car automotive SoC, RH850 MCU for Nissan’s ProPILOT 2.0 system
    Renesas Electronics announced that Nissan has adopted its R-Car automotive system-on-chip (SoC) and RH850 automotive control microcontroller (MCU) for ProPILOT 2.0 system featured in the newly-unveiled Skyline car, the Japanese chipmaker said in a press release on 7 August. ProPILOT 2.0 driver assis...
    loading