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NEWS TAGGED PRICE WAR
Monday 22 April 2024
Tesla's price cuts trigger new round in China EV price war
Tesla Inc.'s weekend move to slash prices...
Tuesday 2 April 2024
Chinese EV radiator suppliers see profits diminish as price war persists
China remains a critical car market while a reshuffle has been underway. Several suppliers who had focused on safety components entered the EV radiator segment per customers' requests,...
Monday 25 March 2024
BYD takes on EV laggards Toyota, VW with steep China price cuts
Not content with unseating Tesla Inc. as the world's top-selling electric car maker, BYD Co. has now set its sights on stealing customers from the likes of Toyota Motor Corp. and...
Wednesday 21 February 2024
China's EV brutal price war sparks market frenzy
China's electric vehicle price battle hits full throttle.
Wednesday 21 February 2024
Chinese tier-1 SiC substrate suppliers launch price war
China considers the third generation of semiconductors as the dominant industry that can outperform its global competitors. The silicon carbide (SiC) industry achieved significant...
Tuesday 20 February 2024
Targeting gas cars, BYD's cheaper EVs to ignite another price war in China
China's automotive market is poised to see another round of price cuts as the Dragon year has just started. Leading EV maker BYD launched two new variants of plug-in hybrid EVs priced...
Tuesday 13 February 2024
Only 30% of Chinese carmakers hit 2023 sales target after cut-throat price war
BYD released a forecast about its 2023 financial performance at the end of January. The EV maker's net profits will not meet the market-expected CNY31.5 billion (US$4.41 billion)...
Wednesday 31 January 2024
Price cuts bring BYD top-seller crown but impact its 2023 profits
China-based BYD saw its battery EV sales volume surpass Tesla in the fourth quarter of 2023, becoming the world's largest EV seller. BYD reduced its vehicle prices significantly at...
Friday 26 January 2024
Price war in Chinese car market impacts Nidec's earnings forecasts
The fierce price cuts persisting in China and other EV markets have burdened automotive suppliers. Japan-based Nidec, an electric motor drive technology provider, just scaled down...
Tuesday 23 January 2024
NEV price war effectiveness: opinions differ across supply chain
In recent years, the market share of New Energy vehicles (NEVs) has risen steadily, emerging as a dark horse in the automotive industry. However, their global market penetration remains...
Monday 25 December 2023
TCL surges past LG, becomes world's second-largest TV manufacturer in intense pricing war
With a strategic push to assert dominance in the worldwide television market through competitive pricing, China's TCL, a prominent TV manufacturer, has recently referenced Omdia data,...
Monday 27 November 2023
Japanese carmakers cut prices in Thailand to compete with Chinese rivals
China-based EV makers are expanding aggressively overseas, triggering a "war" between EVs and internal combustion engine (ICE) vehicles in Thailand. The situation has pressured Japanese...
Wednesday 23 August 2023
China's price war slightly affects Geely's gross profit margin in 1H23
China-based Geely Automobile's profitability has remained stable in the first half of 2023. While the company saw its revenue grow by more than 25% from 2022, its gross profit margin...
Friday 18 August 2023
Macroblock expects price war in LED supply chain to end soon
LED driver IC design house Macroblock has seen its Chinese counterparts raise their quotes, which is expected to end the price war, according to the Taiwan-based company.
Wednesday 9 August 2023
Consumer DDR5 memory module prices collapse
Midrange and high-end DDR5 memory module prices for consumer electronics applications have fallen dramatically in China since 2023, with prices for 32GB DDR5 modules reaching about...
Holtek
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research