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Wednesday 23 August 2023
China's price war slightly affects Geely's gross profit margin in 1H23
China-based Geely Automobile's profitability has remained stable in the first half of 2023. While the company saw its revenue grow by more than 25% from 2022, its gross profit margin...
Wednesday 23 August 2023
Chinese startup Momenta reportedly recruits Oppo's disbanded chip design team to develop sef-driving ICs
China's autonomous driving startup Momenta reportedly has recruited the Oppo-disbanded Zeku chip design team to support its in-house chip development, and has also partnered with...
Wednesday 23 August 2023
SMIC's unspoken mission and Huawei's 5G smartphone chips
As Huawei boldly proclaimed the comeback of its flagship 5G smartphone in early August, rumors about Huawei commissioning China's largest semiconductor foundry SMIC to break through...
Wednesday 23 August 2023
Tesla facing challenges in US, Chinese markets
EV leader Tesla seems to be under pressure in two of the world's major automotive markets. The company is said to reduce component procurement in the US due to decreasing sales. In...
Wednesday 23 August 2023
CATL and CALB rumored to be Xiaomi car's battery suppliers
Since the announcement of Xiaomi's entry into the automotive industry, rumors have been abundant. Currently, the only confirmed detail is the release of a new car 2024. As Xiaomi's...
Wednesday 23 August 2023
China welcomes US removal of 27 Chinese entities from Unverified List
Before the scheduled trip of US Secretary of Commerce Gina Raimondo to China from August 27–30, the US removed 27 Chinese companies and institutions from the "Unverified List"...
Wednesday 23 August 2023
China extends EV tax incentives through 2027 to boost lagging demand
In June 2023, the Chinese government introduced two notable policies targeting the EV sector. One policy involves EV tax breaks, while the other entails the expansion of the new energy...
Wednesday 23 August 2023
VeriSilicon, China's largest chip IP vendor, opens new R&D center focusing on chiplet
VeriSilicon, a major player in China's RISC-V ecosystem and also the country's largest chip design IP vendor, has on August 18 inaugerated its new R&D center in Shanghai. focusing...
Wednesday 23 August 2023
US rumored to raise tariffs on Chinese TVs, panels
Rumors are spreading throughout the displays industry that the US may increase tariffs on Chinese-made TVs and/or TV panels.
Wednesday 23 August 2023
SICC, TankeBlue step up 8-inch SiC deployment
China's SICC and TankeBlue Semiconductor, reportedly Infineon's two Chinese suppliers, have stepped up their deployment in the 8-inch silicon carbide (SiC) wafer segment, according...
Wednesday 23 August 2023
Tesla, Chinese automakers set to miss 2023 sales growth targets
Tesla and Chinese automakers such as BYD are all expected to miss their sales growth projections for 2023, with no company hitting 50% in the first half of the year, according to...
Tuesday 22 August 2023
US lifts restrictions on some China firms ahead of Raimondo trip
The US lifted restrictions on 27 Chinese companies and organizations, a sign Washington is extending an apparent olive branch ahead of Commerce Secretary Gina Raimondo's planned trip...
Tuesday 22 August 2023
Tesla said to explore alternatives for lithium-ion batteries
Tesla is reportedly considering building an EV battery material plant in Indonesia to utilize the country's rich nickel resources. Industry sources said the company is likely preparing...
Tuesday 22 August 2023
Global smartphone shipments to hit decade low in 2023
According to Counterpoint Research, 2023 is on track to be the worst year for global smartphone shipments in ten years.
Tuesday 22 August 2023
Cipia uses computer vision AI to empower driver-monitoring technology
Driver monitoring has become a critical focus of automotive safety systems as distracted driving remains the primary cause of car accidents. Israel-based Cipia develops driver-monitoring...