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Thursday 17 August 2023
CATL releases new battery powering EV for 400km with 10-minute charge
China-based battery giant CATL unveiled Shenxing, a new LFP battery, on August 16. The battery can enable an EV driving range of 400 kilometers with one 10-minute charge. The company...
Thursday 17 August 2023
Nio to produce own autonomous driving chips in 1-2 years, says company executive
Chinese automaker Nio will be able to mass produce its in-house developed autonomous driving (AD) processors within one to two years, according to company hardware Vice President...
Thursday 17 August 2023
Chinese memory module firms stop taking orders in anticipation of chip price hikes
Chinese memory module makers have stopped offering product quotes or accepting orders as they expect memory chip suppliers to soon hike their prices, according to industry sources.
Wednesday 16 August 2023
PCB maker Dynamic expects flat or slight revenue growth in 2H23
PCB manufacturer Dynamic Electronics expects to post flat or slight revenue growth in the second half of this year compared to the first, with a higher gross margin thanks to improved...
Wednesday 16 August 2023
Huawei posts over 200% growth in profit in 1H23
According to Huawei's latest earnings report for the first half of 2023, the US-sanctioned telecom equipment giant reported sales of CNY310.9 billion, up 3.1% from a year ago, with...
Wednesday 16 August 2023
Chinese carmakers say BYD chairman's "crocodile tears" did not move them
BYD just reached the five million vehicle production milestone. Chairman and president Wang Chuanfu said at an event that Chinese automakers should work together to show the world...
Wednesday 16 August 2023
Chinese chip import substitution mired in internal competition as industry leader lambastes US sanctions
In response to the escalating US bans, Gerald Yin, a prominent figure in China's semiconductor equipment industry, has finally spoken out. Yin, who had spent an extended period in...
Wednesday 16 August 2023
Chinese smartphone brand shipments rise in 2Q23; volume to continue picking up in 2H23, says DIGITIMES Research
According to DIGITIMES Research's statistics and analyses, second-quarter 2023 smartphone shipments by China-based smartphone vendors exhibited a 7.4% on-quarter growth but a 6.1%...
Wednesday 16 August 2023
Yen Sun sees challenges facing Chinese car supply chain
Chinese automakers intend to alter the local market ecology in order to increase the turnover rate of auto sales, which will put a strain on the manufacturing flexibility and inventory...
Wednesday 16 August 2023
Android phone vendors expect new models to boost unit sales
Samsung Electronics, Xiaomi, Honor, and Oppo all have plans to release new Android smartphones in the second half of 2023, pinning their hopes on the possibility that the new models...
Wednesday 16 August 2023
Taiwanese DDI suppliers may turn to Chinese foundries for cost reasons
Display driver IC (DDI) suppliers continue to be under pressure to reduce chip prices, and cost considerations may send them turning to Chinese pure-play foundries that can offer...
Tuesday 15 August 2023
US fosters local lithium battery production to offset China's dominance
Lithium battery cells made in China account for more than 50% of the global energy storage system and EV market share. Suppliers from other countries will encounter tremendous challenges...
Tuesday 15 August 2023
JCET, Tongfu and Huawei partaking Chinese effort to strengthen chiplet technology
Former TSMC COO, Chiang Shang-yi, currently the chief strategy officer at Foxconn semiconductors, faced challenges when he returned to China's SMIC in December 2020. He encountered...
Tuesday 15 August 2023
Suppliers become conservative about China's automotive market development
Many car component suppliers have announced their financial results in the first half of 2023. While some were optimistic about the future of China's automotive sector, others said...
Tuesday 15 August 2023
Niche IC distributor ANStek sees customers place orders with caution
Taiwan-based Answer Technology (ANStek), which distributes mainly ICs for niche-market applications, has seen its customers place orders with caution as a result of a slower-than-anticipated...