Alibaba Group Holding Ltd. slashed prices for a clutch of artificial intelligence services by as much as 97%, spurring an immediate response from Baidu Inc. in potentially the start...
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...
In the first quarter of 2024, BYD's net profit was CNY4.57 billion (approx. US$630 million), a year-on-year increase of 10.6%, but a significant decrease of 47.3% compared to the fourth...
After getting a jump on competitors in the latest round of China's electric-vehicle price war, BYD Co. now faces a key test of proving that it can withstand the impact on profits.
China recently released official data indicating that in 2023, China's automobile production and sales generated a total value of CNY11 trillion (approx. US$1.52 trillion), accounting...
Industrial PC (IPC) makers are optimistic about the second half of 2024, as orders begin to return with the end of inventory destocking at the client end. However, pricing may become...
China remains a critical car market while a reshuffle has been underway. Several suppliers who had focused on safety components entered the EV radiator segment per customers' requests,...
Speculation has emerged in the chipmaking sector that Chinese and Taiwanese pure-play foundries may cut quotes for part of their mature processes in the second quarter of 2024.
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 Volkswagen...
Chinese IC design companies have initiated price wars in saturated and highly competitive market categories, leading Taiwanese IC design houses to expedite their withdrawal from these...
