China's automotive electronics market has huge potential
November 30, 2022
The automotive industry chain in Mainland China is growing rapidly, including well-known electronics manufacturers such as Asustek, VIA, Lite-On, Hon Hai, Yisheng, MiTAC, Quanta, Compal, etc., which are active in the Western automotive electronics market, especially the global satellite navigation system (GPS). ) The most optimistic.
Xu Shengxiong, chairman of the Taiwan Electromechanical Association (CEC), said that at present, the proportion of Asian cars equipped with automotive electronics is only 20%, European cars have reached 40%, indicating that in the future Asia (especially mainland China) automotive electronics The market has huge potential, and all three major Japanese automobile plants have been stationed in Guangzhou and the industrial chain is growing. It is worth paying attention to Taiwanese electronics manufacturers.
The report said that the Association of Electro-Electronics has established the "Automobile Electronics Industry Alliance" and hopes to establish a dialogue platform for the industry and integrate the value chain of the automotive electronics industry today. Xu Shengxiong, who led the delegation to visit Guangzhou, said that if the two sides of the strait can establish common standards across the strait, and assist manufacturers to use the Taiwan or mainland auto factories as market verification, experience accumulation, and market practice results, then they can build a model of cooperation with major international manufacturers. In order to promote the commercialization of key products, it gradually entered the supply system of international car manufacturers.
It is reported that electronic technology companies on the island have rushed into the mainland automotive electronics market. After Hon Hai's acquisition of the automotive wire harness plant Antai Electronics Co., Ltd., it began to deploy the automotive electronics industry. In addition to setting up automotive electronics production lines in Kunshan, Jiangsu and Guangxi, Shenzhen’s Foxconn also The establishment of automotive electronic parts department, Shanxi investment in Mg-Al City also aims to focus on auto parts and components factory.