At MWC 2025, Xiaomi Group president Lu Weibing revealed that Xiaomi Auto has now established a firm foothold in the Chinese electric vehicle (EV) market, with plans to expand overseas in 2027.
The concept of digital twins initially emerged in consumer applications for AR/VR/MR, but its future lies in smart manufacturing. Like quantum computing, this is not a technology that will take 20 years to materialize, but a tangible reality within the next decade. Hardware evolution may progress even faster than expected, but the real challenge lies in educating users and making these new technologies mainstream applications.
Delta Electronics anticipates that overall group revenue will be good in the first half of 2025, outperforming the same period in 2024, driven by continuous AI-related demand. The outlook for the second half is less clear due to various uncertain factors in the market; however, AI-related revenue is expected to continue growing.
Facing economic headwinds and escalating trade tensions, China is refocusing on its tech sector, with President Xi Jinping recently convening a rare symposium with high-tech entrepreneurs. This move signals Beijing's renewed commitment to technological innovation and industrial upgrades as key drivers of economic growth.
Backed by state subsidies and a self-sufficient supply chain, China is ramping up SiC substrate and mature process chip production at an unprecedented pace. The expansion is fueling fears of a global oversupply and intensifying price competition for industry leaders like Rohm Semiconductor and Wolfspeed.
US President Donald Trump's new 25% tariffs on imports from Mexico and Canada, along with a doubling of duties on Chinese goods to 20%, took effect on Tuesday, sparking fresh trade tensions with the country's top three trading partners. In response to the US fentanyl overdose crisis, President Trump escalated the 10% tariff on Chinese imports imposed in February, doubling it to 20%. The tariff measures were implemented at 12:01 a.m. EST (0501 GMT), just hours after Trump announced that the three nations had not done enough to halt the influx of the deadly fentanyl opioid and its precursor chemicals into the US.
Recently, Chinese lithium battery powerhouse Contemporary Amperex Technology Co. Limited (CATL) announced it had initiated arbitration proceedings with the Hong Kong International Arbitration Centre (HKIAC) against US energy storage company Powin. CATL claims Powin owes CNY319 million (US$43 million) and is seeking the seizure of Powin's assets. The same complaint has also been filed with the US Circuit Court in Oregon.
Xiaomi's latest electric vehicle (EV), the SU7 Ultra, has exceeded expectations, hitting over 10,000 locked orders in less than three days since its launch on February 27. According to Xiaomi CEO Jun Lei, the company has already met its annual sales target ahead of schedule, with 19,000 confirmed orders and production now underway.
With the European Union (EU) increasing tariffs on Chinese electric vehicle (EV) imports, BYD is ramping up its localization efforts to minimize the impact. The company is evaluating potential sites for a third European factory and expects to finalize its decision within the next 18 months, according to Executive Vice President Stella Li.
Lens Technology is expanding beyond smartphones, strengthening its position in automotive glass manufacturing. While still a key Apple supplier, the company is accelerating its shift into new-energy vehicle (NEV) components, positioning itself for long-term growth despite short-term market headwinds.
Maruti Suzuki India Ltd. has begun production at its new manufacturing facility in Kharkhoda, Haryana, marking its first plant opening in eight years. The facility, inaugurated on February 25, is part of the company's broader strategy to expand production capacity and strengthen its presence in India's evolving passenger vehicle market, Nikkei and Bloomberg reports.
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