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Friday 29 November 2024
Xiaomi's financial strength positions it to disrupt China's fiercely competitive EV market
The Chinese electric vehicle (EV) industry is characterized by intense competition as numerous automakers aim to achieve profitability in the face of increasing sales. Xiaomi, with...
Friday 29 November 2024
China's dominance in LCD market leads to inflated procurement costs for Samsung and LG
China's dominance in the LCD panel and TV manufacturing sectors is driving up procurement costs for South Korean giants Samsung Electronics and LG Electronics. Additionally, China's...
Friday 29 November 2024
China's semiconductor industry makes significant strides, putting pressure on South Korean firms
China's largest foundry operator, SMIC, surpassed the US$2 billion revenue mark for the first time in the third quarter of 2024. Meanwhile, companies like CXMT and JHICC are aggressively...
Friday 29 November 2024
STMicroelectronics' bold bet on Hua Hong defies industry trends
Amid global economic uncertainty and shifting geopolitics, multinational corporations face tough strategic decisions. STMicroelectronics has made a striking move, announcing plans...
Friday 29 November 2024
Huawei expands EV presence with new trademark filings in China
Huawei has registered several new trademarks for electric vehicles (EVs) in China, signaling deeper collaboration with Chinese automakers.
Friday 29 November 2024
China grapples with AI computing power allocation amid rapid expansion
According to Science and Technology Daily on October 16, ChatGPT's emergence has spurred unprecedented growth in AI innovation, with China experiencing a rapid surge in AI...
Friday 29 November 2024
Likelihood of widespread OLED TV adoption is decreasing, says TCL exec
South Korean companies have increasingly focused on OLED technology to differentiate themselves from Chinese competitors in the television market. However, recent comments from Jun...
Thursday 28 November 2024
2025 EV price war looms as SAIC joins supply chain cost-cutting push
On November 26, BYD announced a directive requiring its suppliers to implement a 10% cost reduction starting January 1, 2025. Following this, SAIC Maxus has reportedly launched a...
Thursday 28 November 2024
Trump's tariff strategy sparks geopolitical uncertainty
US President-elect Donald Trump's latest announcement of a 10% tariff on Chinese imports has created waves in international markets. While the relationship between this new tariff...
Thursday 28 November 2024
Topco anticipates rising demand for AI servers but a bleak automotive outlook
Topco Technologies, which distributes silicone and other chemical materials, is optimistic about demand for AI servers, but the outlook for the automotive sector is bleak.
Thursday 28 November 2024
BYD reportedly preps for Trump 2.0 tariffs with 10% supplier cost cuts in 2025
BYD moves to shield itself from looming US tariffs as President-Elect Trump threatens new import taxes on Chinese, Canadian, and Mexican goods. The China-based EV giant has reportedly...
Thursday 28 November 2024
Funding cuts, layoffs, and reorganization common in China's competitive chip industry
In 2024, major Chinese semiconductor businesses continue to announce closures or severe layoffs, according to industry sources. Xiangdixian Computing Technology, commonly referred...
Thursday 28 November 2024
Onsemi targets China's automotive and energy storage growth
Onsemi's leadership has been increasing its presence in China recently. After Felicity Carson, SVP of global operations at Onsemi, attended PCIM Asia 2024 in Shenzhen at the end of...
Thursday 28 November 2024
Nvidia's Green500 lead wavers as Chinese supercomputer lags with over-reliance on older chips
Due to restrictions on accessing Nvidia's most advanced GPUs, China's top 500 supercomputing systems rely exclusively on earlier-generation Nvidia accelerators, according to data...
Wednesday 27 November 2024
Kian Sheng leverages EV subsidies and tourism revival to boost Chinese operations
Kian Sheng, a subsidiary of the Yulon Group, plays a pivotal role in Taiwan's electric bus supply chain. Despite challenges, the company's operations in China achieved notable results...