Auto Industry Updates Guidance on Sustainability in the Supply Chain

The Automotive Industry Action Group (AIAG) and Drive Sustainability today announced an updated version of the “Automotive Industry Guiding Principles to Enhance Sustainability Performance in the Supply Chain.” This collaboration between AIAG, Drive Sustainability and key automotive organizations provides guidance to our valued supplier partners concerning the latest industry expectations. Additionally, a supplementary reference document…

Automotive to Drive Demand for Magnetic Field Sensors

Albany, N.Y. — According to a new magnetic field sensors market report published by Transparency Market Research “Magnetic Field Sensors Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2021” was valued at US$2.0 bn in 2014 and is expected to reach US$3.5 bn by 2021, growing at a CAGR of 8.3% during forecast period. Magnetic field…

Automotive Appetite for Power ICs Grows

The automotive market became the third largest end market for power semiconductor applications in 2014, outperforming the overall market average for semiconductors, said IHS Inc. A big part of this increased demand is driven by advanced assistance systems (ADAS) and infotainment systems. The IHS Power Management Market Share and Supplier Analysis report finds that power ICs, in…

Flextronics Brings Innovation to Detroit

Detroit, Mich. — Flextronics (NASDAQ: FLEX), is linking the high technology advances of Silicon Valley with the automotive industry in Detroit. At its newly established location adjacent to Detroit, Flextronics’ specialized automotive team is actively helping to further enable swift implementation of cutting edge smart, connected technologies and applications by collaborating with The Detroit Big Three and partnering with OEM…

Automotive CEOs: Technological Advances to Transform Business

Technological advances, including digital economy, social media, mobile devices and big data, will transform business in the next five years, according to 79 percent of automotive CEO respondents to PwC’s 17th Annual Global CEO Survey. The survey also finds that 57 percent of automotive CEOs have a program underway or completed, or have a strategy…

China Auto Industry Drives Healthy IC Sales

El Segundo, Calif. —  Semiconductor consumption in 2014 by China’s automotive industry will reach $4.6 billion, up 11 percent from $4.1 billion last year, driven by increased demand for vehicle safety features and infotainment applications, including car navigation, according to a new report from IHS Technology (NYSE: IHS). This follows a 10 percent increase in…