Infineon, a leading German semiconductor company, has also expressed its intention to ramp up local production in China. CEO Jochen Hanebeck revealed in a recent interview that Infineon is focusing on localizing its chip production to better meet the needs of Chinese customers.
stmicroelectronics
The global automotive chip market, despite currently enduring a downturn, is showing signs of hope for future recovery, especially in the electric vehicle (EV) sector.
On December 5th, STMicroelectronics, a global leader in semiconductor manufacturing, announced a significant long-term supply agreement with Ampere, the electric vehicle (EV) manufacturing arm of Renault Group.
ZF, a global leader in driveline and chassis technology, has recently opened its third electric drive factory in China—ZF Electric Drive Systems (Shenyang) Co., Ltd. This new facility, located in Shenyang, will produce and sell key components for electric vehicles (EVs), including the three-in-one electric drive axle system for new energy vehicles (NEVs).
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