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2023-09-21

[News] Qualcomm Initiates Major Layoffs in China, Shanghai R&D Center Closure Rumored

According to Taiwan's TechNews, the ongoing soft demand for smartphones, combined with Huawei's launch of the Mate 60 Pro, has severely impacted Qualcomm. Reports within the Chinese industry suggest that Qualcomm is planning significant layoffs in China, with severance costs estimated to be as high ...

2023-09-21

[News] Volvo Declares the End of their Diesel Car Will be Produced in early 2024

Source to Volvo’s recent announcement, by 2030 Volvo plans to sell only fully electric cars, and by 2040 aims to be a climate-neutral company. That clear roadmap towards all-out electrification represents one of the most ambitious transformation plans of any legacy car maker. At Climate Week NYC V...

2023-09-21

[News] BYD Reveals Second Model’s Price in Japan, NIO Raises Funds for Debt Repayment

Source to media China Timse,  in the realm of China's mainland new energy vehicle industry, NIO announced on the 20th that it has successfully secured $1 billion in funding through two convertible corporate bond offerings. This move aims not only to reduce existing debt but also to strengthen its b...

2023-09-21

Surge in Production Demand for Solar N-Type Cells Observed as Battery Technology Evolution Accelerates, Says TrendForce

Leveraging the superior conversion efficiency of N-type cells, the rise of cost-effective TOPCon cell technology in 2022 has seen N-type cell technology rapidly expand, inviting many solar industry participants into the competition. Currently, PERC cell technology (for producing P-type cells) stands...

2023-09-21

[News] Reports of Price Increases for Certain MCU Components as Prices Gradually Stabilize

According to a report by China's Jiwei, there have been indications of a positive turnaround in the Chinese MCU market recently. Some components are experiencing inventory replenishment, and certain MCU manufacturers have noted an upward trend in component prices, suggesting a gradual stabilization ...

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