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Utilizing machine learning and neural networks, artificial intelligence (AI) plays a crucial role in enabling the autonomous operation of self-driving cars. These vehicles leverage a combination of sensors, cameras, radar, and AI to navigate between destinations without the need for human intervention. For a car to be considered fully autonomous, it should demonstrate the capability to independently navigate predetermined routes without human input, even on roads that have not been specifically modified for autonomous vehicle use.

In the ever-evolving world of logistics and material handling, the demand for efficient and sustainable solutions is on the rise. Electric forklifts have emerged as a game-changer in the industry, offering numerous benefits over their traditional counterparts. One company at the forefront of this revolution is Noveltek, a leading manufacturer of electrically powered and manually operated material handling equipment. With their commitment to innovation and customer satisfaction, Noveltek has been supplying high-quality forklifts and material handling equipment worldwide since 1990.

A hidden important market in the automotive supply chain is the automotive after market (AM) which is used to satisfy after-sales repairs, inspections, maintenance, replacement, or modification services, and is an important part of the automotive supply chain.

During the operation of a factory, the flow of materials determines the production efficiency of the factory. Recently, production lines have gradually added automation equipment, but the supply or handling of materials to and from the production line still relies on manual handling operations. This often results in unsmooth logistics and interrupted production flow. To avoid interruptions in supply, and reduce storage and production space, Automated Guided Vehicle (AGV) technology offers an unmanned management solution.

To realize the smart city of the future, it is indispensable to build a safer and more efficient traffic environment, and smart vehicles with networking and various advanced functions are the key.

With the rapid development of the automotive industry in smart driving, safety assistance, automotive electronics, and human-machine interface-related technologies, the integration of virtual and real superimposed displays, driver monitoring systems (DMS), interactive functions, Internet of Things (IoT) of the smart cockpit system have become the current trend.

The automotive semiconductor market continues to be optimistic. At present, the main automotive semiconductor chips include microcontrollers (MCU), power management ICs, digital signal controllers (DSP), sensors, power semiconductors, discrete components, micro-electromechanical (MEMS), memory, customized application IC (ASIC), etc. The automotive chip supply chain is complex and long. After the shortage storm in 2021, automakers began to shorten the semiconductor supply chain, hoping to shorten the long chain. Some automakers even have the idea of developing and designing automotive semiconductors by themselves.