The Latest Breaking News from Semiconductor

Volkswagen AG (OTC:VWAGY) CEO Herbert Diess said Volkswagen can overtake Tesla, Inc. (NASDAQ:TSLA) as the world’s largest seller of electric vehicles by 2025, CNBC reported. Stabilizing supply chain woes would help the German carmaker to increase production in the coming months, the CEO said. He expects some relief from the semiconductor supply market to…

Autohome Inc (NYSE:ATHM) reported a first-quarter FY22 revenue decline of 20.1% year-on-year to $232.1 million, beating the consensus of $209.2 million. In March, the mobile daily active users increased by 7.5% Y/Y.  Revenues from new energy vehicle (NEV) brands rose 156.1% Y/Y. Segments: Online Marketplace and Others Revenues declined 7.9% Y/Y to $78.3 million…