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...
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)...
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...
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...
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...
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,...
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...
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...
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.
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...
With mobile phone stockpiles in channels stabilizing, the likelihood of a conclusion to the SoC price war has increased, according to industry sources.
China's electric-vehicle makers are defying an unprecedented price war with their share gains trouncing foreign rivals, and analysts say the rally may run further thanks to a stronger...
China's auto market in the first half of 2023 set off a fierce price war dubbed the "suicidal price cuts," from battery EVs to fuel cell vehicles, which have turned the automotive...
In response to intensifying pricing pressure in China's power management IC market, Diodes COO Gary Yu has stated that his company will not "blindly" cut prices.
