Lithium carbonate prices drop nearly 40% amid China"s NEV subsidy reduction
Lithium carbonate, a material used in lithium batteries, including lithium iron phosphate (LFP) and ternary lithium batteries, has recently seen its price drop by nearly 40% to below CNY350,000 (US$51,000) per ton, compared to its peak at CNY600,000.....»»

Rare discounts slash 25% off Sonos speakers, soundbars & subwoofers while supplies last
Sonos sales are rare, but the audio manufacturer is slashing prices by 25% on its popular speakers, soundbars, subwoofers and sets — saving you up to $340 ahead of Father's Day.Save on Sonos this weekend.Step into the world of immersive sound and e.....»»
Researchers offer new guide to the future of plastics
How does a future-proof, circular and sustainable plastics economy look like? The answer is a balance ranging from plastics reduction to a sustainable use of recyclable plastics. After all, the increasing demand for plastics in high-value application.....»»
Elon Musk says his Shanghai factory makes the "highest quality" Teslas
Tesla CEO Elon Musk has wrapped up his first trip to China in three years, after meeting a string of government officials and thanking workers at the company's mega factory in Shanghai......»»
Panel output value to drop in 2023 despite price recovery
The global LCD panel industry will likely see its output value continue to decline in 2023 after suffering a setback in the previous year when the industry's capacity utilization fell sharply due to the impacts of the pandemic, war and rising inflati.....»»
iPhone in India: Foxconn to manufacture smartphones in Karnataka by April 2024
Apple's decision to manufacture iPhones in India aims at diversifying away from China.....»»
ASUS: PC market to remain weak throughout 2023
Although the inventory reduction of the PC supply chain is coming to an end, the market remains cautious about the second half of 2023......»»
Toyota ramps up BEV and battery investments in US
According to Toyota's statement, the company further expanded its investments in the US amid increasing demand for EVs and the Inflation Reduction Act (IRA) that mandates automakers to meet local sourcing requirements to be eligible for incentives......»»
Smartphone shipments to China slip over 10% sequentially in 1Q23, but to stay flat in 2Q23, says DIGITIMES Research
Smartphones shipped to the China market shrank to only 62 million units in the first quarter of 2023, down 12.4% sequentially and 7.2% on year, but the volumes in the second quarter are expected to stay at about the same level as in the first, accord.....»»
Memory chipmakers and module houses seek to stabilize prices
Memory chipmakers have shown downstream customers that they will no longer sell at low prices, while module manufacturers with high levels of inventory are eager to see spot market prices stabilize, according to industry sources......»»
Calculating the effects of a climate transition in India
India, with its 1.4 billion people, is the third largest greenhouse gas emitter after China and the U.S.. The country is now taking the first steps towards a climate transition with volume targets for the upscaling of renewable energies, a modest tur.....»»
Troubled EV startup Faraday Future prices FF 91 crossover at $309,000
The California startup said its first production vehicles will have three electric motors, 1,050 hp and 381 miles of estimated EPA range......»»
Oppo MR headset announced just days before Reality Pro – but only for developers
Just a few days before Apple officially unveils Reality Pro, an Oppo MR headset has been announced – but it will only be available in China, and is aimed solely at developers. The Oppo MR Glass Developer Edition has the same mixed-reality (MR) foc.....»»
Nvidia CEO plans trip to meet China executives despite U.S. curbs, report says
Nvidia is a key player in the booming field of artificial intelligence, but its position in China has been complicated by U.S. sanctions, which prevent the company from selling its most advanced AI chipsets to Chinese customers......»»
Notebook showing signs of recovery in Q2 and beyond, say analysts
Although PC shipments declined in the U.S., Europe, and China by double digits in Q1, and Q2 results are not out yet, there are signs of recovery spouting, according to analysts......»»
China smartphone market, 1Q 2023
Smartphones shipped to the China market shrank to only 62 million units in the first quarter of 2023, down 12.4% sequentially and 7.2% on year, but the volumes in the second quarter are expected to stay at about the same level as in the first......»»
Global foundry revenue to drop 9% in 2023, says DIGITIMES Research
With the Ukraine war, global inflation, and geopolitical tensions, consumer electronics sales plunged, which further caused a decrease in semiconductor sales. Given the weakened demand for chips, DIGITIMES Research projects a 9.2% decline in global f.....»»
Chinese star banker Bao Fan detained by country"s top anti-graft body, state media says
One of China's top tech bankers, who went missing in February, has been in the custody of the country's top anti-graft watchdog since his disappearance and has had his detention extended, according to a state media report......»»
Foxlink to see revenue boost from offshore wind projects: shareholder meeting
Foxlink (or Cheng Uei Precision Industry) is looking at the same revenue numbers as 2022, but with better gross margin and gross profit. It is also increasing its non-China-based production to up to 20% in the coming three years, said Tai-Chiang "T.C.....»»
Dixon may make Xiaomi"s smartphones in India
Amid the Indian government increasing its regulatory scrutiny against Xiaomi and Xiaomi's sliding share in the local smartphone market, the China-based smartphone brand is changing its sourcing strategy and getting more local EMS providers on board......»»
Are TCL and Hisense the next LG and Samsung?
TCL and Hisense are on the offensive and challenging the status quo with awesomely specced TVs at competitive prices and major brand partnerships......»»