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IN THE NEWS
Thursday 20 April 2023
Tier-1 automotive suppliers see recent EV price cuts as a localized concern
Tesla cut prices for electric vehicles sold in China, Japan, and South Korea earlier this year, and has recently initiated price cuts in additional markets including Germany, France,...
Thursday 20 April 2023
ODMs downsizing capacity in China
Taiwanese ODMs are accelerating the downsizing of their production capacity in China amid rising geopolitical tensions and weakening demand, with Wistron announcing that its Taizhou...
Thursday 20 April 2023
China IC alliance calls for long-term planning for semiconductor industry
China's Integrated Circuit Industry Technology Innovation Alliance (ICTIA) has called for long-term planning for the development of the country's semiconductor industry, instead of...
Thursday 20 April 2023
FTTR commercialization accelerating in China
Commercialization of fiber to the room (FTTR) applications is expected to accelerate in 2023, with Huawei having showcased multiple FTTR solutions at this year's MWC in Shanghai.
Thursday 20 April 2023
TSMC sees another revenue drop in 2Q23
TSMC expects its second-quarter revenue in US dollar terms to register a sequential decline of 6.7% at the midpoint, with gross margin and operating margin estimated at 52–54%...
Thursday 20 April 2023
Lam Research offers weak guidance for June quarter, optimistic about China market despite export ban
Due to the downturn in the memory industry and the US export ban on semiconductor equipment against China, Lam Research provided weak guidance for the current quarter but expects...
Thursday 20 April 2023
Recovery momentum still weak in China consumer electronics market, says GigaDevice
China's consumer electronics market demand is not expected to recover significantly until the second half of the year despite a recent pick-up in retail sales, and the Double 11 shopping...
Thursday 20 April 2023
CATL targets this summer to start constructing Hungarian plant
Battery maker CATL revealed that it aims to begin building Europe's largest battery plant this summer. It said the Hungarian project will reach 100GWh in production capacity and support...
Thursday 20 April 2023
Volkswagen to establish R&D and procurement center in China to shorten EV development times
Volkswagen unveiled another project to gain a presence in the world's largest EV market. The carmaker said it will invest EUR1 billion (US$1.1 billion) in building an EV R&D and...
Wednesday 19 April 2023
Li Auto to roll out BEV models with CATL's Qilin batteries
China-based Li Auto announced a roadmap for launching battery EV models and a self-developed advanced driver assistance system (ADAS) on April 18. The EV maker aims to broaden its...
Wednesday 19 April 2023
ASML 1Q23 net sales exceed guidance; US market grows in importance
ASML has published its 2023 first-quarter results on April 19.
Wednesday 19 April 2023
CATL says its condensed battery will be ready for mass production this year
Battery giant CATL launched its condensed battery on April 19. The company said the battery technology has been tested for electric aircraft and will be applied to automobiles soon...
Wednesday 19 April 2023
Refurbished, used mobile phone sales rise in China
Mobile phone sales in China remain sluggish in the second quarter, but sales of used and refurbished phones have been brisk, according to supply chain sources.
Tuesday 18 April 2023
Drop in China's chip, tech output casts shadow on GDP recovery
China's production of key electronics declined so far this year despite a bullish rebound in the overall economy, showing the unevenness of the country's recovery.
Tuesday 18 April 2023
Indonesia woos VW to offset China's dominance in nickel riches
Indonesia is urging Volkswagen AG to invest in its electric vehicle industry as the country seeks to counterbalance Chinese companies' dominance over its nickel reserves.