Chinese automakers including Xpeng Inc., Geely Automobile Holdings Ltd., and Xiaomi Corp. should all report higher vehicle sales, though challenges remain as competition heats up and the European Union moves ahead with tariffs
One of China's most prominent chip gear makers is suing the Pentagon for linking it to the People's Liberation Army, seeking to get off a blacklist that bars business with American firms
Bloomberg previously reported that China's Ministry of Industry and Information Technology (MIIT) has instructed EV companies like BYD and Geely to increase the procurement of domestic electronic components and accelerate the adoption of locally produced semiconductor chips. Although there was an informal target for EV companies to increase the share of domestic chips to 20% by 2025, progress has been slow
Owning to overseas markets entering the traditional strong season and Chinese brand vendors launching new promotions for Singles' Day in November for the domestic market, their combined smartphone shipments worldwide are expected to rise sequentially in both quarters of the second half, according to DIGITIMES Research's new report covering the China smartphone industry
Chinese automakers are accelerating the localization of automotive chips to avoid being bottlenecked by chip supply chains and reduce reliance on foreign chips
China's smartphone application processor (AP) shipments returned to the traditional off-season pattern in the second quarter of 2024, with a slight quarter-on-quarter increase of 3%. According to DIGITIMES Research's latest report on AP shipments to Chinese smartphone vendors, volumes are expected to increase by more than 9% quarter-on-quarter in the third quarter as smartphone vendors enter the traditional peak season
On August 15, Applied Materials held an earnings call, noting that Intel's planned reduction in capital expenditures is expected to have minimal impact on the company. Applied Materials remains optimistic about the growing demand for packaging and testing in China. However, the future of DRAM investment in China remains uncertain
Lenovo Group Ltd. reported better-than-expected quarterly profit, affirming hopes for a gradual computing industry recovery driven by global AI spending
LG Chem's OLED evaporation materials business is experiencing robust growth, positioning the company to potentially surpass DuPont and claim the second-largest market share in the global OLED evaporation materials market by 2024, according to market research firm DSCC's "AMOLED Materials Report.
Smartphone shipments to the Chinese market totaled 71.8 million units in the second quarter of 2024, up 2.6% quarter-on-quarter and 14.4% from a year ago, but the volumes are expected to slip in the third quarter, but pick up in the fourth quarter, according to DIGITIMES Research's latest figures from the report covering China's smartphone market
Xiaomi Group Chairman Lei Jun announced on X (formerly Twitter) that the international version of Xiaomi's next flagship smartphone will collaborate with Google, leveraging Google Cloud and Gemini to create a more intuitive user experience
Qualcomm is no longer the only company to have entered the smart cockpit field as more manufacturers aim for autopilot development. Even Intel, which has been lagging behind, is in active pursuit as it recently revealed its hand to the Chinese market. With smart cars being on the rise, an enormous number of system chips have been developed. Local Chinese chip manufacturers such as SemiDrive are also facing more and more competition
