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2023-11-06

[News] Foxconn’s October Revenue Reaches 741.2 Billion NTD, Anticipates Q4 Upswing

According to TechNews' report, Foxconn announced its October revenue on November 5th, reaching 741.2 billion NTD (New Taiwan Dollars). This represents a 12.20% month-on-month increase and a 4.56% year-on-year decrease, marking one of the highest revenues for the same period in recent years. For the ...

2023-11-06

[Insights] Even Ford Halts EV Investment, How Will the Automakers Adjust Its EV Strategy?

Ford announced the withdrawal of its full-year financial forecast due to the impact of the recent labor strike and ongoing challenges in the EV sector. Most consumers are reluctant to pay higher prices for electric cars compared to traditional or hybrid vehicles. Ford also postponed its planned $12 ...

2023-11-06

[News] Chinese Smartphone Demand Stimulate Orders for IC Manufacturers

Non-Apple IC manufacturers are reporting positive business performance this quarter. Chinese brands are experiencing a revival driven by the release of new Huawei smartphones, and a resolution in inventory clearance in emerging markets. This has led to an increase in orders. Additionally, Samsung's ...

2023-11-06

[News] Challenges Loom Over China’s Electric Vehicle Makers as NIO Announces Layoffs

According to Yahoo's report, recent developments in China's automotive industry, particularly the electric vehicle sector, have been a mixed bag. While some companies have reported impressive export performance and surging delivery volumes, the overall market has faced challenges due to weak consume...

2023-11-03

[Insights] Polysilicon-Wafer Deal Deadlock, Cell & Module Prices Falling

In TrendForce's latest solar energy pricing, it is revealed that upstream polysilicon and wafer transactions have reached a standstill, while downstream cell and module prices continue to decline. Polysilicon Polysilicon prices continue to decline throughout the week. The mainstream conclud...

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