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BlackBerry Ltd and Qualcomm Inc are expanding their partnership to tap the fast-growing connected automotive market, the companies said on Dec 7.
Japanese electronics components supplier Murata Manufacturing Co Ltd wants its enlarged battery business to help double automotive-related revenue when the years of rapid expansion in the smartphone market have passed, its chief executive said.
Mercedes-Benz has withdrawn an advert touting the self-driving qualities of its new E-Class model in the United States, Automotive News reported, following allegations from consumer groups that the claims were misleading.
Panasonic Corp said it will cut around 5,000 workers from its automotive and industrial division in a bid to bolster its operating profit margin over the next three years to a 5% minimum set by the company's president, Kazuhiko Tsuga.
China's Alibaba Group Holding Ltd, the world's biggest e-commerce company, has formed an automotive unit and a 'smart living' division in the past week, the firm said, as it ramps up its cloud computing, hardware and big data operations.
Even at an event dedicated to customisation and individual automotive style, a small company called Local Motors – with just a single car on display – managed to make a huge impression at this year's SEMA show.
Adopting digital solutions is a feasible way for auto manufacturers in Malaysia to alleviate rising production costs and compete in foreign markets.
This week Samsung revealed its first processor designed to be used by vehicles: the Exynos Auto V9 will power Audi's upcoming in-vehicle infotainment systems scheduled to debut in 2020.
Verizon Communications Inc's recent purchases of two vehicle tracking firms could spark more deals as the No 1 wireless provider and rival AT&T see fleet management as a source of growth, analysts said.