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Wednesday 17 May 2023
BYD acquires another plot in Guangdong to establish automobile industrial park
China-based BYD took a step forward to build an automobile industrial park in Guangdong. The Shenzhen government announced on May 15 that the EV maker obtained an over-520,000-square-meter...
Wednesday 17 May 2023
Musk says Tesla building two new models, probably challenged by the economy in next 12 months
Tesla held its annual shareholder meeting in Texas, USA, on May 16. CEO Elon Musk said the company is designing two new vehicle models. He also warned that Tesla will likely see challenges...
Wednesday 17 May 2023
China smartphone weakness hinders client development projects, says Sporton
Due to the sluggishness of the Chinese market, Sporton International has seen a considerable slowdown in orders from its Chinese handset clients. According to the mobile device certification...
Wednesday 17 May 2023
Apple still relies on China for components supply despite expansion in India
Despite developments that indicate India will become one of Apple's major production hubs, it is unlikely for India to challenge China's manufacturing relationship with Apple in the...
Wednesday 17 May 2023
Taiwan MCU suppliers brace for price war triggered by Chinese peers
Due to the low demand for consumer electronics, price competition among China-based MCU suppliers is becoming increasingly fierce, according to industry sources in Taiwan. Taiwan-based...
Tuesday 16 May 2023
Future of work spending in Asia Pacific to reach US$196.2 billion by 2026, says IDC
According to a recent IDC Asia Pacific, excluding Japan, Future of Work (FoW) market forecast, 2022-2026, Asia Pacific excluding Japan FoW spending is forecasted to grow at a CAGR...
Tuesday 16 May 2023
Northvolt proceeds with German gigafactory; Eve Energy to build battery plant in Malaysia
Sweden-based battery company Northvolt decided to move forward with a plan to construct a factory in Germany as long as government financial support is available. In addition, China-based...
Tuesday 16 May 2023
Korean, Chinese AMOLED panel makers turn to compete in automotive display market, says DIGITIMES Research
Korea-based panel makers Samsung Display and LG Display are working keenly to push their AMOLED panels into automotive applications, eyeing more growth, while China-based makers are...
Tuesday 16 May 2023
Chinese MCU makers look to gain from import-substitution demand for consumer applications
Chinese MCU (microcontroller unit) suppliers, including Sino Wealth Electronic and GigaDevice Semiconductor, are striving to cash in on import-substitution demand in China and boost...
Tuesday 16 May 2023
France plans EV subsidy reform to support Europe-made cars
French President Emmanuel Macron announced last week that the country will revise its EV subsidy program, aiming to facilitate battery and vehicle production in Europe. According...
Tuesday 16 May 2023
China LED packagers raise quotes by 10%
China-based LED packaging houses, including MLS and DSBJ, have raised their contract quotes by up to 10% starting May, according to industry sources.
Tuesday 16 May 2023
IC design houses have diverse perspectives on China demand
While smartphone-related IC design houses continue to see sluggish demand from China and are generally bleak about market prospects for the rest of the year, other chip suppliers...
Monday 15 May 2023
Ford seen laying off 1,300 workers in China, local media reports
Ford Motor Co. plans to cut jobs in China, potentially by more than 1,300, as its sales decline in the world's biggest car market, local media including Economic Daily News reporte...
Monday 15 May 2023
Qualcomm, MediaTek show mixed sentiments about Oppo disbanding IC design unit
China's leading smartphone maker Oppo has just abruptly disbanded its chip design subsidiary, Zeku, sending shockwaves through the mobile phone supply chain and indicating the company...
Monday 15 May 2023
China smartphone brand shipments to grow in 2Q23 thanks partly to 618 shopping festival, says DIGITIMES Research
China-based smartphone brands' shipments are expected to make a recovery in the second quarter, stimulated by robust demand from the 618 shopping festival, with on-year decline to...