China EV Makers Eye Southeast Asia As Competition At Home Heats Up
Chinese EVs are affordable for customers in Southeast Asian nations and Chinese EV makers have few competitors there. Asean countries are now target markets for Chinese EV companies whose cars range from RMB 100,000 — 200,000.
China Mission To Be Self-Reliant May Be Hampered
While China is doing what it can to stimulate its electric vehicle (EV) growth, recurring power outages plus other challenges may potentially undo all its efforts.
South Korean Economic Growth Estimated Below 2 Percent In 2023 On Weak Exports
South Korea’s economic growth is expected to hover below 2 percent in 2023, a state-run think tank said, due to the country’s weakening exports amid worries over a global recession.
Chipmaker TSMC Plans Arizona Factory Expansion
TSMC, the world’s largest contract chipmaker and a major supplier to Apple Inc, said on Wednesday it was constructing a building that could serve as its second chip factory in Arizona in the United States.
Germany Likely To Block Chinese Takeover Of Elmos’ Chip Production
The German government will likely block the Chinese takeover of Elmos’ chip factory, the Dortmund-based company said on Monday, 7 November 2022.
Apple Warns Of Hit To iPhone Shipments From Chinese COVID disruptions
Apple Inc on 6 October 2022 said it expects lower iPhone 14 Pro and iPhone Pro Max shipments than previously anticipated as COVID-19 restrictions temporarily disrupt production at an assembly facility in Zhengzhou, China.
IDC: Vivo Secures The Top Spot In Chinese Smartphone Market For Q3 2022
The Chinese smartphone market is the biggest one in the world and according to IDathe steady decline trend continues throughout Q3 this year.
Biden Short-Circuits China
The latest U.S. moves undermine China’s ability to import, manufacture, and export the semiconductors that run the world
China Smartphone Shipments Slid 11 Percent In Q3 2022
Smartphone shipments in China fell 11 percent year-on-year in the third quarter as the country’s slowing economy took a toll on consumer demand, research firm Canalys reported.
