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NEWS TAGGED PRICE CUTS
Wednesday 16 October 2024
Early consumption could freeze China's auto market in 2025
China saw excellent new automobile sales in October thanks to government incentives. However, concerns have been raised about whether government subsidies are simply encouraging consumers...
Friday 27 September 2024
Memory spot prices fall on slow demand recovery
The recovery in downstream consumer markets remains sluggish, leading to a further decline in spot market prices for memory chips. In response, industry leader Kingston Technology...
Tuesday 20 August 2024
German car brands face market share decline in China
German luxury car brands BMW, Mercedes-Benz, and Audi are experiencing a decline in market share in China amid ongoing price cutting in the local car market. The German brands have...
Tuesday 20 August 2024
China's used car market faces challenges amid new vehicle price cuts
Ongoing cutthroat competition in the Chinese auto market has led to challenges in China's used car market. Additionally, moves by foreign car brands, such as halting price cuts in...
Tuesday 2 July 2024
BYD sales rise to a record on price cuts, tech upgrades
BYD Co. sold a record number of electric and hybrid cars in the second quarter, sales data compiled by Bloomberg News shows, as price cuts and new technology stoked consumers into...
Monday 3 June 2024
EV sales defy China spending slump as price cuts lure buyers
Electric vehicles remain a bright spot in China's auto market as manufacturers of battery-powered cars overcame a slump in consumer spending at home thanks to price cuts and new model...
Tuesday 14 May 2024
As price competition in China's IC industry turns to race to the bottom, Taiwan-based IC design firms maintain distance
Taiwan-based IC design firms have been coping with aggressive price slashing from China-based competitors, in one of the most challenging situations the industry has faced for more...
Tuesday 23 April 2024
Meta 'opening up' Quest headset operating system to rivals
Facebook parent Meta Platforms Inc. is "opening up" its Meta Quest headset operating system to other hardware makers, part of an effort to boost its standing in the nascent augmented...
Tuesday 23 April 2024
Tesla reportedly laying off 20,000 employees in response to declining deliveries in 1Q24
Besides launching a new wave of EV price-cut strategies in 2024, Tesla is also undergoing a global mass layoff, highlighting the severe sales challenges Tesla is facing in the Chinese...
Monday 22 April 2024
Tesla's price cuts trigger new round in China EV price war
Tesla Inc.'s weekend move to slash prices...
Monday 25 March 2024
BYD takes on EV laggards Toyota, VW with steep China price cuts
Not content with unseating Tesla Inc. as the world's top-selling electric car maker, BYD Co. has now set its sights on stealing customers from the likes of Toyota Motor Corp. and...
Monday 11 March 2024
Price reduction no longer benefits Tesla's China sales
At the beginning of 2023, Tesla cut its vehicle prices in China and ignited a price war. The company recently launched a similar sales campaign in the world's largest car market but...
Thursday 29 February 2024
Apple's rare iPhone discount in China highlights challenges
As the smartphone market in China continues to shrink amid a worldwide drop in demand in 2023, and with Chinese brands aiming to make a comeback on their home turf, market watchers...
Wednesday 31 January 2024
Price cuts bring BYD top-seller crown but impact its 2023 profits
China-based BYD saw its battery EV sales volume surpass Tesla in the fourth quarter of 2023, becoming the world's largest EV seller. BYD reduced its vehicle prices significantly at...
Friday 19 January 2024
Supply chain adopts protective stance in turbulent Chinese EV market
China is now the world's largest single electric vehicle (EV) market due to rapid growth driven by government policies, with domestic startups and leading international brands vying...
Holtek
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research