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Thursday 18 July 2024
BMW increases car prices in China
BMW, along with Mercedes-Benz and Audi, previously joined the fray in the price war in China's car market for a short period of time, but has now decided to hike prices across its...
Thursday 18 July 2024
Chinese PV companies flock to Middle East with new projects
Chinese firms in the solar power industry are accelerating their expansions into the Middle East, establishing an ecosystem covering both upstream and downstream sectors.
Thursday 18 July 2024
ASML performance surges amid TSMC investment rumors, strong China sales despite US curb threats
ASML experienced a significant increase in sales and net bookings over the last quarter, suggesting that TSMC might be intensifying its capital investments. However, potential tightened...
Wednesday 17 July 2024
Chinese Apollo Go commands robotaxi market adoption amid Tesla delay reports
As Tesla CEO Elon Musk hints at delays in Tesla's Robotaxi plans, Baidu's Apollo Go (known as "Luobo Kuaipao" in Chinese) has already launched paid passenger services in 11 Chinese...
Wednesday 17 July 2024
Taiwan pays US$4.75 billion for defense since 2022; Trump says it's not enough
In recent years, Taiwan has significantly increased its defense procurement from the US. However, US Republican presidential candidate Donald Trump continues to assert that Taiwan...
Wednesday 17 July 2024
AI and China's chip demand keep ASML equipment orders thriving
By the end of the first quarter of 2024, Dutch semiconductor equipment giant ASML had a backlog of orders totaling EUR 38 billion (US$ 41.4 billion). This means that ASML needs EUR...
Wednesday 17 July 2024
TCL CSOT reportedly offered higher bid than BOE for LGD's Guangzhou LCD factory
LG Display (LGD) is in the process of selling its 8.5-generation LCD factory in Guangzhou, China, where TCL CSOT has reportedly offered a higher bid than BOE. If LGD successfully...
Wednesday 17 July 2024
China's counter-intuitive semiconductor exports surge goes unnoticed
China's aggressive automotive exports caught the world's attention, hitting a record high in the first half of 2024 but starting to slow down after tariffs imposed by Europe and the...
Wednesday 17 July 2024
China's solar industry finds oasis in the Middle East
With trade barriers from Europe and the US against Chinese solar imports, the Middle East, which is currently moving toward clean energy transformation and enjoys good trade relationships...
Wednesday 17 July 2024
Hybrids to lead in 2024 as EVs face profitability hurdles
Global sales of Electric Vehicles (EVs) are expected to surpass 10 million units in 2024, marking a crucial automotive market milestone and reaffirming a healthy growth trajectory.
Wednesday 17 July 2024
Huawei reveals operational hardship from US sanctions, expresses confidence in recovery
The US government blacklisting of Huawei crippled its smartphone business.
Wednesday 17 July 2024
Nvidia plans new China-specific AI and gaming GPUs
Nvidia continues to introduce downgraded versions of its AI and gaming GPUs for the Chinese market, which remains important to the US chip vendor, according to industry sources. New...
Tuesday 16 July 2024
ASML-backed university caught in middle of US-China chips war
A top Dutch technical university that is a key feeder for ASML Holding NV talent has been caught in the crosshairs of the US-China chip war as Washington seeks to limit Beijing's...
Tuesday 16 July 2024
Granted one more chance by SoftBank, focus is now on Graphcore's future operational strategy
With the current boom of generative AI, British AI chip unicorn Graphcore should've enjoyed the dividends from AI. Instead, it found itself struggling.
Tuesday 16 July 2024
Transsion rises as China's second-largest smartphone supplier globally in 1Q24
Chinese smartphone vendor Transsion quietly emerged as China's second-largest supplier by global handset shipments, just behind Xiaomi, in the first quarter of 2024.