Technology
Electric Vehicle Power Inverter Market to Expand by USD 9.1 Billio (2024-2028) Driven by BEV and PHEV Sales Growth, AI Impact on Trends- Technavio Report
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5 months agoon
By
NEW YORK, Aug. 23, 2024 /PRNewswire/ — The global electric vehicle (EV) power inverter market size is estimated to grow by USD 9.13 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 9.45% during the forecast period. Increasing sales of bevs and phevs is driving market growth, with a trend towards in-wheel micro-inverter system. However, thermal management issues limiting the performance of evs poses a challenge. Key market players include Aegis Power Systems Inc., Aptiv Plc, BorgWarner Inc., Bosch Mobility Solutions, Continental AG, Danfoss AS, DENSO Corp., Fuji Electric Co. Ltd., Hitachi Ltd., Hyundai Mobis Co. Ltd., Infineon Technologies AG, LG Magna e Powertrain, MAHLE GmbH, Marelli Holdings Co. Ltd., Meidensha Corp., Metric Mind Engineering, Mitsubishi Electric Corp., Siemens AG, Toyota Industries Corp., and Valeo SA.
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Forecast period
2024-2028
Base Year
2023
Historic Data
2018 – 2022
Segment Covered
Application (Full hybrids, Pure EV, Plug-in hybrids, Commercial HEV, and Mild hybrids), Type (Passenger cars and Commercial vehicles), and Geography (APAC, Europe, North America, South America, and Middle East and Africa)
Region Covered
APAC, Europe, North America, South America, and Middle East and Africa
Key companies profiled
Aegis Power Systems Inc., Aptiv Plc, BorgWarner Inc., Bosch Mobility Solutions, Continental AG, Danfoss AS, DENSO Corp., Fuji Electric Co. Ltd., Hitachi Ltd., Hyundai Mobis Co. Ltd., Infineon Technologies AG, LG Magna e Powertrain, MAHLE GmbH, Marelli Holdings Co. Ltd., Meidensha Corp., Metric Mind Engineering, Mitsubishi Electric Corp., Siemens AG, Toyota Industries Corp., and Valeo SA
The Electric Vehicle (EV) market is witnessing an emerging trend towards in-wheel motors, where motors are installed next to the wheel in parallel. This design offers several advantages, including increased space for battery packs and luggage due to the reduced size of the motor and inverter. However, the size of the inverter is crucial to maintaining this advantage. Protean Electric is leading this innovation with their inside-out motor and micro-inverter system. The micro-inverter system is installed within the motor itself, using the space between the external rotor and internal stator. Several micro-inverters are used to break down high current at high voltage into small currents at small voltages. This redundancy feature ensures that if one micro-inverter fails, the motor continues to function with reduced performance, minimizing the impact on the overall system. The demand for such micro-inverter systems in EV power inverters is expected to grow during the forecast period, providing reliability and efficiency to the EV market.
The Electric Vehicle (EV) power inverter market is witnessing significant trends, with SiC inverters gaining popularity due to their efficiency and high power density. The electric breaking field is another trend, enabling regenerative braking and improving overall vehicle performance. Cooling coefficients are essential for managing the heat generated by these inverters, especially in used EVs. Hybrid Electric Vehicles (HEVs) and Battery Electric Vehicles (BEVs) require different inverter types, such as CV-specific electric motors for HEVs and traction inverters for BEVs. SiC inverters, like those from Hyundai and Vitesco, are increasingly used due to their wide-bandgap semiconductors, such as SiC and GaN. 800-volt inverters and DC battery voltages are becoming standard for EVs, enabling faster charging and higher efficiency. Multiphase AC current, gate drivers, and current and position measurements are crucial components of these inverters, requiring mathematical transformations for output signals. Power electronics, sustainable transportation solutions, and environmental initiatives are driving the demand for cleaner energy sources. Power inverter manufacturers are investing in charging infrastructure networks to support the growing number of emission-free vehicles. Soft switching inverters and wide-bandgap semiconductors are key technologies shaping the future of the EV power inverter market.
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• Electric Vehicle (EV) power inverters play a crucial role in converting DC battery power into AC power for the vehicle’s electrical systems. However, the increased use of electronic units in EVs generates more heat compared to conventional vehicles. Quick acceleration demands more power, leading to increased heat dissipation of around 250W per power device. To maintain the temperature below 125 degrees Celsius, cooling systems are necessary. Traditional methods, such as heat spreaders and thermal grease, create high thermal resistance, reducing system efficiency. Current systems use water-ethylene glycol coolant circulation, but it consumes more space, making the modules complicated, heavy, and expensive. New technologies like two-sided cooling systems and shared cooling architectures offer solutions, but they increase the cost of the power inverter system. Effective thermal management is essential to ensure the longevity and efficiency of EV power inverters.
• The Electric Vehicle (EV) power inverter market is experiencing significant growth due to the increasing demand for sustainable transportation solutions and environmental initiatives. Power electronics, including SiC (silicon carbide) and GaN (gallium nitride) semiconductors, play a crucial role in the development of efficient EV power inverters. Traction inverters, such as soft switching inverters, are essential components of automotive traction systems, enabling emission-free vehicles to function. Power inverter manufacturers face challenges in meeting the demands of charging infrastructure networks and consumer behavior. The adoption of wide-bandgap semiconductors, like SiC and GaN, can help improve switching frequencies, reduce energy losses, and increase driving range. Automobile manufacturers, including General Motors, are investing in energy-efficient EV technology to meet emission standards and reduce greenhouse gases. However, challenges remain, such as semiconductor supply, operating costs, and charging infrastructure development. Consumer spending on green vehicles is on the rise, and technological development in battery technology and power inverters continues to advance. Companies like NXP Semiconductors and VEPCO Technologies are leading the way with innovative inverter prototypes, such as SIL-D-capable inverters. Mitsubishi and other automakers are focusing on weight reduction to improve EV performance and competitiveness with internal combustion engines.
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This electric vehicle (ev) power inverter market report extensively covers market segmentation by
Application 1.1 Full hybrids1.2 Pure EV1.3 Plug-in hybrids1.4 Commercial HEV1.5 Mild hybridsType 2.1 Passenger cars2.2 Commercial vehiclesGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa
1.1 Full hybrids- The Electric Vehicle (EV) power inverter market is experiencing significant growth due to increasing demand for cleaner and more sustainable transportation solutions. These inverters convert DC battery power into AC power, enabling EVs to operate on electricity. Major automakers and new entrants are investing heavily in this technology to meet stringent emission norms and customer preferences. The market is expected to expand at a robust CAGR through 2026. Key players include Tesla, Continental AG, and Magna International.
For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report
The Electric Vehicle (EV) power inverter market is experiencing significant growth due to the increasing demand for sustainable transportation solutions and environmental initiatives. As more countries adopt stricter emission standards, the shift towards cleaner energy sources in the automotive industry is accelerating. Power electronics, specifically SiC (silicon carbide) and GaN (gallium nitride) power inverters, play a crucial role in the efficient conversion of DC power from the battery to AC power for the electric motor in EVs. The market is driven by the growing popularity of electric and hybrid vehicles among consumers, with automobile manufacturers such as General Motors investing heavily in energy efficiency and reducing greenhouse gas emissions. The development of charging infrastructure networks is also a key factor, as is the ongoing technological advancements in power inverters, leading to increased energy efficiency and lower operating costs. Consumer spending on green vehicles is expected to continue growing, making the EV power inverter market an attractive investment opportunity for manufacturers like NXP Semiconductors and VEPCO Technologies, who are developing SIL-D-capable inverters and innovative inverter prototypes to meet the demands of this rapidly evolving market.
The Electric Vehicle (EV) power inverter market is witnessing significant growth due to the increasing demand for sustainable transportation solutions and environmental initiatives. Power electronics, including SiC (silicon carbide) and GaN (gallium nitride) semiconductors, play a crucial role in the development of EV power inverters. These wide-bandgap semiconductors enable higher switching frequencies, leading to energy savings and improved driving range. Traction inverters, including soft switching inverters, are essential components of automotive traction systems, converting DC battery voltage to multiphase AC current for the electric motor. EV power inverters are integral to emission-free vehicles, including passenger cars, hybrid vehicles, and battery electric vehicles. Automobile manufacturers like General Motors, Hyundai, Mitsubishi, and others are investing in energy efficiency and reducing greenhouse gases by integrating these inverters into their vehicles. Charging infrastructure networks, including charging stations, are also crucial to the adoption of EVs, influencing consumer behavior and semiconductor supply. Operating costs, tailpipe emissions, and cooling coefficients are essential factors in the development of EV power inverters. Companies like NXP Semiconductors and VEPCO Technologies are leading the way with innovative inverter prototypes, including SIL-D-capable designs, to meet the demands of the EV market. Consumer spending on green vehicles and technological development continue to drive growth in the EV power inverter market. Weight reduction, electric braking fields, and SiC inverters are also areas of focus in the EV power inverter market, with companies like Hyundai and Vitesco investing in these technologies. The use of 800-volt inverters and DC battery voltage is becoming more common in the EV market, requiring gate drivers, AC voltage, current measurements, position measurement, and mathematical transformations for optimal performance.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
ApplicationFull HybridsPure EVPlug-in HybridsCommercial HEVMild HybridsTypePassenger CarsCommercial VehiclesGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
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ASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*
Published
59 minutes agoon
January 10, 2025By
TAIPEI, Jan. 10, 2025 /PRNewswire/ — ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, “ASEH” or the “Company”), announces its revised unaudited consolidated net revenues for December, 4th quarter and full year of 2024.
Dec
Nov
Dec
Sequential
YoY
(NT$ Million)
2024
2024
2023
Change
Change
Net Revenues
52,905
52,933
49,906
-0.1 %
+6.0 %
Dec
Nov
Dec
Sequential
YoY
(US$ Million)
2024
2024
2023
Change
Change
Net Revenues
1,632
1,648
1,589
-1.0 %
+2.6 %
Q4
Q3
Q4
Sequential
YoY
(NT$ Million)
2024
2024
2023
Change
Change
Net Revenues
162,264
160,105
160,581
+1.3 %
+1.0 %
Q4
Q3
Q4
Sequential
YoY
(US$ Million)
2024
2024
2023
Change
Change
Net Revenues
5,046
4,956
5,028
+1.8 %
+0.4 %
Full Year
Full Year
YoY
(NT$ Million)
2024
2023
Change
Net Revenues
595,410
581,914
+2.3 %
Full Year
Full Year
YoY
(US$ Million)
2024
2023
Change
Net Revenues
18,596
18,688
-0.5 %
Net revenues for ATM assembly, testing and material business are as follows:
Dec
Nov
Dec
Sequential
YoY
(NT$ Million)
2024
2024
2023
Change
Change
Net Revenues
29,858
29,185
26,218
+2.3 %
+13.9 %
Dec
Nov
Dec
Sequential
YoY
(US$ Million)
2024
2024
2023
Change
Change
Net Revenues
921
909
835
+1.3 %
+10.3 %
Q4
Q3
Q4
Sequential
YoY
(NT$ Million)
2024
2024
2023
Change
Change
Net Revenues
88,363
85,791
82,004
+3.0 %
+7.8 %
Q4
Q3
Q4
Sequential
YoY
(US$ Million)
2024
2024
2023
Change
Change
Net Revenues
2,747
2,655
2,568
+3.5 %
+7.0 %
Full Year
Full Year
YoY
(NT$ Million)
2024
2023
Change
Net Revenues
325,875
315,114
+3.4 %
Full Year
Full Year
YoY
(US$ Million)
2024
2023
Change
Net Revenues
10,178
10,128
+0.5 %
*This press release is intended to comply with Taiwan regulatory requirements.
Safe Harbor Notice:
This press release contains “forward-looking statements” within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan” and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People’s Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors. For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2022 Annual Report on Form 20-F filed on April 10, 2023.
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SOURCE ASE Technology Holding Co., Ltd.
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Amrop, a Leading Global Executive Search and Leadership Consulting Firm, Announces New Office in Japan
Published
59 minutes agoon
January 10, 2025By
BRUSSELS, Jan. 10, 2025 /PRNewswire/ — Amrop, a leading global executive search and leadership consulting firm, appoints JOMON Associates as its new team in Tokyo, marking the group’s re-entry in the Japanese market and adding significant coverage in the Asia Pacific region.
Led by Naohiro Furuta, CEO, JOMON Associates is Japan’s premier leadership advisory firm, offering services in senior Executive Search, Board & Corporate Governance Consulting, Leadership Assessment and Executive Coaching.
With 13 consultants and a team of 30 employees, the firm serves more than 200 companies, constituting about one-third of Japan’s major companies and representing Japan’s key industry sectors, including Industrial & Automotive, Chemicals & Materials, Consumer & Retail, Pharmaceuticals & Healthcare, Finance & Insurance, IT and Telecommunications.
The firm’s deep connection to the local Japanese market is matched by its unsurpassed reputation for quality and its innovative approach to executive search. By offering personalized leadership advisory and board services in addition to its acclaimed recruitment solutions, JOMON Associates is well-positioned to support companies in their quest for transformative leaders.
“Japan is a significant market for executive search and leadership consulting, and we are delighted welcome JOMON Associates to our global team,” says Annika Farin, Chair of the global Amrop Partnership. “We are now able to directly serve multinational companies operating in Japan as well as Japanese companies that are redefining boundaries as they follow their global or regional expansion strategies. Together with JOMON’s uncompromised quality approach and top market positioning, we can be instrumental in assisting these companies with the recruitment of their executive teams and attracting the best talent in new markets. “
“JOMON Associates shares our values and our ambition to continuing serving clients in the premium segment of the market. We feel naturally close to our new partners in Japan and are also proud to announce that Naohiro Furuta will immediately join our Board to help us drive the future of Amrop’s global partnership,” Farin added.
Naohiro Furuta, CEO JOMON Associates, added, “We are very pleased to announce that we have joined the global Amrop Partnership. As the global business environment becomes increasingly complex, the demand for strong and visionary leadership is higher than ever. Japanese companies are also strongly seeking talent to drive innovation and international competitiveness. Through our partnership with Amrop, we will provide our clients with valuable services that combine global insights and local expertise, making a significant impact on the domestic market and contributing to the international success of our clients.”
Amrop’s new Tokyo office is located at Tokyo Toranomon Global Square, 13th Floor, 1-3-1 Toranomon, Minato-ku, Tokyo. The addition of Japan office reinforces the group’s presence in the region, with teams in China, South Korea, India and Australia.
About Amrop
Amrop is a global leadership consulting firm, offering retained executive search, Board and leadership advisory services. We advise the world’s most dynamic, agile organizations on identifying and positioning Leaders For What’s Next – adept at working across borders, in markets around the world. Established in 1977, Amrop operates in Asia, EMEA and the Americas across 69 offices in 57 countries.
Media Contact:
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Tuya Smart Hosts Successful ‘Tuya Developer Day’ During CES 2025, Leading Industry Change with Innovative AI Technology
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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud platform service provider, successfully hosted its highly anticipated Tuya Developer Day event during CES 2025.
This year’s CES theme “DIVE IN” brought innovators, decision-makers, visionaries, and potential partners from across the global tech companies and ecosystem to explore cutting-edge advancements shaping modern lifestyles. Building on this vision, Tuya embraced the theme “AI DIVE IN” for its showcase, spotlighting the transformative fusion of AI with smart products and innovative solutions to drive industry growth and evolution.
To further this mission, Tuya Developer Day welcomed distinguished representatives from leading global organizations, institutions, and enterprises to engage in in-depth discussions about AI trends and application prospects. The event provided developers with insights to unlock new business opportunities in the AI era.
At the beginning of the event, Alex Yang, Co- Founder, COO and CFO of Tuya Smart, delivered the opening keynote titled “AI DIVE IN.”
“We are currently witnessing an era of rapid advancement in AI. To help global developers leverage the power of AI, we’ve deeply integrated AI capabilities with the Tuya Cloud Developer Platform, strengthening three key areas: AI hardware development, AI Agent development, and AI infrastructure construction. These enhancements significantly simplify both workflows and development processes for developers,” Yang said. “Regarding AI Agent development, we’ve successfully integrated with leading models of OpenAI, Gemini, Claude, and Amazon Nova. By leveraging our AI Agent development platform and Tuya-enabled T3/T5 SoC modules, developers need only a single SDK to connect with any large language model, enabling seamless integration of audio, video, and other data types to create their ideal AI hardware products. Additionally, Tuya is committed to helping developers build practical and innovative AI solutions. In the energy sector, we’ve introduced features like AI energy analysis, AI energy-saving assistants, and AI energy optimization, which help users significantly reduce energy consumption. Furthermore, Tuya has partnered with industry leaders such as Apple and Amazon Web Services to achieve deeper ecosystem integration. Looking ahead, we aspire to collaborate with even more partners to launch innovative AI products and solutions that will lead the next wave of technological innovation.”
Amazon Web Services keynote: The Era of Generative AI Value Creation
Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development.
Olivier Bernard, Worldwide Smart Home GTM Lead of AWS highlighted the transformative potential of generative AI during his keynote. “Generative AI is rapidly becoming a transformative force in productivity, yet businesses often encounter challenges in building applications, such as data processing, model training, and resource allocation. Tuya Smart uses AWS’s leading generative AI technologies to deliver high-efficiency solutions, building an intelligent developer platform that significantly boosts productivity. With newly launched services of Amazon Bedrock, Amazon SageMaker and Amazon Q during 2024 AWS re:Invent, we look forward to deepening our collaboration with Tuya to further lower technical barriers for developers and unlock greater business value across industries,” said Bernard.
Amazon Alexa: Building the Ambient Home Together with Alexa
Customers have connected more than 400 million smart home devices to Alexa, and use Alexa hundreds of millions of times each week to control their devices. More than one million registered developers, brands, and device makers are creating conversational, natural, and proactive experiences with Alexa. Amazon offers a collection of tools, APIs, reference solutions, and documentation to make it easier for developers to build Alexa experiences for their customers.
“Our goal is to develop a diverse range of best-in-class products and services in collaboration with brands for users globally. By participating in our Works with Alexa certification program, they can deliver smarter, more reliable, and responsive products to users, enhancing the smart home living experience. A key focus for us is simplifying the device setup process. With Frustration-Free Setup, getting started with Alexa is as simple as opening the box. We will continue collaborating with Tuya to bring more seamless and intuitive smart home experiences to end-users,” said David Wurster, Senior Manager of Alexa Smart Home Business Development.
Connectivity Standards Alliance: A Connected Future with Matter
The Connectivity Standards Alliance is the foundation and future of the IoT. Their wide-ranging global membership is on a mission: to ignite creativity and collaboration in the Internet of Things by developing, evolving, and promoting universal open standards that enable all objects to securely connect and interact. The Connectivity Standards Alliance believes all objects can work together to enhance the way people live, work, and play.
“Matter is a unifying, IP-based connectivity protocol, empowering developers to build reliable and secure IoT ecosystems while enhancing user experiences,” said Tobin Richardson, President and CEO of the Connectivity Standards Alliance. “As a Board Member, Tuya, along with hundreds of other Members are dedicated to collaboratively advancing and evolving Matter in different use cases across the IoT. With the release of Matter 1.4 in November 2024, developers can now create more sophisticated smart devices by leveraging Tuya’s Cloud Developer Platform.”
Texas Instruments: Wireless Connectivity
Texas Instruments (TI) designs, manufactures, tests, and sells analog and embedded semiconductors that are the essential building blocks of electronic systems. With more than 80,000 products, it has the most comprehensive portfolio of general-purpose analog products, as well as a full breadth of analog and embedded products that help customers create differentiated applications.
Marian Kost, Vice President and General Manager of Connectivity at TI, highlighted the critical role of connectivity in enabling seamless operations across sectors like construction, retail, and healthcare. “Applications that are easy to operate and manage are essential for these industries, and stable connectivity technology is the backbone of such innovations,” Kost stated. “To simplify the development of connected applications, TI has partnered with Tuya Smart to integrate its SimpleLink™ wireless MCU (CC2340) technology into the Tuya Cloud Developer Platform. This collaboration combines TI’s high-performance, low-power connectivity solutions with Tuya’s versatile development tools.”
“By leveraging the power of the Tuya Cloud Developer Platform alongside TI’s advanced connectivity technology, businesses can rapidly create stable, reliable, and easy-to-manage applications. This partnership accelerates the intelligent transformation of industries, fostering innovation and driving development across the board,” Kost added.
Silicon Labs: AI/ML for Tiny Edge Devices
Silicon Labs is a trailblazer in wireless connectivity for the Internet of Things. Our integrated hardware and software platform, intuitive development tools, and unmatched ecosystem support make Silicon Labs the ideal long-term partner in building advanced industrial, commercial, and home and life applications. Silicon Labs lead the industry in high-performance, low-power, and security with support for the broadest set of multi-protocol solutions.
Fritz Werder, Senior Director at Silicon Labs, emphasized the transformative role of artificial intelligence and machine learning in shaping the future of the smart device industry. “AI and machine learning are increasingly crucial in driving innovation within the IoT industry. Silicon Labs’ AI/ML solutions focus on developing more efficient and advanced SoCs to enhance the performance of smart edge devices and support diverse application scenarios. In the future, Silicon Labs will continue collaborating with Tuya to empower device manufacturers, unlock new opportunities, and create a more intelligent and safer interconnected world.” said Fritz.
Positivo Tecnologia: A Unique Smart Home Experience in Brazil with an Exclusive App
Positivo Tecnologia, a leading Brazilian tech company, develops and markets a wide range of solutions, including computers, smartphones, tablets, smart home devices, electronic security systems, payment terminals, servers, and IT infrastructure. Known for its expertise in educational technologies and innovative projects, the company delivers products like self-service kiosks, and demographic data collection devices.
Serving consumers, businesses, schools, and public institutions, Positivo also provides IT equipment leasing, technical support, and managed services. Its diverse portfolio combines innovation and reliability, driving technological progress across Brazil.
“The rapid advancement of technology is not only reshaping the way we work but also profoundly enhancing our daily lives. Smart home solutions, as a key application of IoT, are revolutionizing living experiences. This progress relies heavily on engineering innovation and evolving business models,” said Rafael Sczcepanik, Business Director of Positivo. “Tuya’s cutting-edge technological expertise and strong global presence in the smart home sector make them an ideal partner for us. We are excited about the opportunity to collaborate and envision a smarter, more efficient, and sustainable future together.”
FiberX: Smart home success cases through internet providers in Brazil
Founded in 2008, FiberX distributes fiber optic network equipment in western Santa Catarina. Through hard work and dedication, FiberX has grown to become one of the largest companies in the sector, serving over 6,000 customers and delivering more than 7 million products nationwide. The company realized that its expertise could go beyond the ISP market and be applied to a variety of solutions involving technology and innovation. This led to the creation of new verticals and work teams, always guided by the same purpose: simplifying the complex.
“As a technology integrator, FiberX has made significant efforts to empower ISPs in attracting and retaining customers. In an environment where the adoption of AI is surpassing retail productivity, our smart home devices brand, Veld, is taking the lead in driving substantial change through advanced technologies and solutions that prioritize convenience, security, and innovation. By utilizing the Tuya Cloud Developer Platform and its extensive hardware ecosystem, we are committed to further enabling ISPs to enhance end-customers’ daily lives and cater to their evolving needs,” said Clayton Costa, Chief Product Officer of FiberX.
FOTILE: FOTILE Fully Embraces the Intelligence of Kitchen Space
FOTILE has always been committed to providing people with high-quality products and services, creating a healthy and environmentally-friendly lifestyle, and allowing more families to enjoy a happy and confident kitchen life. For the last 20 years, FOTILE has helped families around the world improve their kitchen environments and protect their health. FOTILE continues forging ahead for the happiness of hundreds of millions of families.
Guitao Yu, Director of the Intelligent Research Institute at FOTILE Group, commented, “In response to the evolving needs of modern living, FOTILE has leveraged AI algorithms and cutting-edge smart hardware to create the FOTILE Smart Kitchen System.This innovative system offers users a fully integrated, intelligent kitchen experience that combines safety, health, convenience, socialization and entertainment. To further elevate users’ quality of life, FOTILE has partnered with Tuya to launch a versatile recipe platform. This platform not only offers recipe management capabilities but also supports a variety of cooking modes, providing a personalized cooking experience for every user. Moving forward, we will continue to deepen our collaboration, expand the ecosystem, and further enrich the kitchen experience for our users.”
Pioneer Solutions: US/ Mexico Drayage and FTL
Founded in 2016 by a team of logistics professionals with a true passion for international trade, Pioneer Solution’s mission has always been to be the preferred freight forwarder serving and facilitating the logistics needs of other entrepreneurs and helping them realize their business’s full potential on a global scale.
The company’s expertise in connecting Trans-Pacific trade has enabled them to grow together with their customers. Headquartered in Los Angeles but with a strong global vision, Pioneer Solutions is a leading integrated logistics company comprising four business segments: NVOCC, Warehousing & Distribution, Customs Clearance & Trade Advisory, and Trucking.
Jose Torres, Logistics Director at Pioneer Solutions, stated, “In today’s logistics landscape, intelligence-driven solutions are crucial. Tuya, with its cutting-edge AI, cloud computing, and other technological capabilities, provides the tools we need to enhance the visibility and security of goods, optimize transportation and warehousing processes, proactively mitigate transportation risks, and significantly boost logistics efficiency. This partnership enables us to excel in the modern supply chain environment.”
Construlita: Creating smart buildings to improve profit and productivity
Construlita is a leading brand in commercial lighting for a range of settings, including workplaces, retail stores, restaurants, and hotels. To meet customers’ needs for lighting through knowledge, technology, and solutions that add value to lighting projects, it is constantly updating its solution portfolio with innovative technologies like IoT devices and smart platforms that are in line with global trends. This results in the creation of spaces full of captivating experiences that heighten end-users’ sense through light.
Roberto Enriquez Gómez, Vice President of Sales at Construlita, remarked, “In commercial buildings across Mexico, the electricity demand for lighting, HVAC, and air conditioning is notably high. To help these buildings reduce operating costs and improve profit margins, we have integrated the Tuya ecosystem. This system consolidates energy data from multiple buildings into a single platform for efficient energy management. Beyond energy optimization, it enhances the quality of life and job satisfaction for occupants, fostering greater productivity and well-being. Together, we are advancing the sustainable development of the construction industry.”
The successful “Tuya Developer Day” event at CES 2025 not only expanded Tuya’s market reach but also provided a platform for global developers to showcase their talents, fostering in-depth communication and sparking innovative collaboration. Moving forward, Tuya will continue to partner with developers worldwide, driving the integration of AI, cloud computing, and other advanced technologies across various scenarios. This collaboration will accelerate the pace of intelligent transformation and help co-create a new era of smart technology.
View original content:https://www.prnewswire.com/news-releases/tuya-smart-hosts-successful-tuya-developer-day-during-ces-2025-leading-industry-change-with-innovative-ai-technology-302347803.html
SOURCE Tuya Smart
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