India lowered the basic customs duty on imported EVs, paving the way for premium EV sellers like Tesla to enter the Indian market. Experts believe India's limited openness to foreign...
After reaching a record total of US$574.1 billion in chip sales in 2022, the industry experienced an 8.2% decline in global revenue to US$526.9 billion in 2023 due to normal market...
Contract electronics vendors Hon Hai Technology Group (Foxconn) and Pegatron, as well as ODMs including Quanta Computer, Compal Electronics, and Wistron, have maintained their accelerated...
In a world riven by great-power conflict, economic decoupling, high inflation, and worries that the interests of capital are being put ahead of workers, an obvious enemy can emerge:...
Huawei's automotive business unit will likely become profitable earlier than expected. Richard Yu, chairman of Huawei's Intelligent Automotive Solutions (IAS), said on March 16 that...
A Foxconn subsidiary is reportedly discussing investing in India, as an increasing number of smartphone suppliers are clustering in southern parts of the country.
South Korea-based Sebang Global Battery, which focuses on automotive and industrial lead-acid batteries, has grown its revenue and profits as it scales up the absorbent glass mat...
China-based EV makers have expanded overseas aggressively as demand slows down globally. However, automotive suppliers said the Chinese EV's momentum will likely end soon as its smart...
South Korea-based SK Innovation's Chinese battery subsidiary, Blue Dragon Energy, will go into liquidation as its business scope overlaps with SK On, the SK Group's rising battery...
Samsung SDI accelerates the development of a new-generation cylindrical battery 46-phi, which has a 46mm diameter. The company will begin volume production as early as 2025. The media...
Huawei held a partner summit on March 14-15, 2024. David Wang, executive director and chairman of Huawei's ICT Infrastructure Managing Board, pointed out from the outset that Huawei...
Foxconn (Hon Hai) will see its revenue growth momentum for 2024 come from five main development axes – namely AI servers, three major smart platforms, Electrical Vehicles (EVs),...
The Chinese government has quietly asked electric vehicle makers from BYD Co. to Geely Automobile Holdings Ltd. to sharply increase their purchases from local auto chipmakers, part...
