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2023-11-28

[News] Facing Challenges Inside and Out, BYD Slashes Prices to Boost Sales

This year, BYD, a notable figure in the global automotive market, has recently faced a downturn. The extensive price reductions initiated on November 24th have raised concerns, as it is perceived to contradict the company's earlier commitment to avoid participating in price wars. BYD is now under pr...

2023-11-28

[News] China’s Strategic Chip Investments May Risk Global Domination in Two Years

China is actively investing in chips with a mature process of 20nm and above. According to Chosun Ilbo, some insiders signal a potential shift of over 50% of global mature-node chips production to China within the next 2 to 3 years. As semiconductors focusing on mature process account for 75% of ov...

2023-11-28

[News] Foxconn Invests Over USD 1.5 Billion in Expansive Production in India, Creating a New Hub for iPhone Manufacturing

Foxconn has announced plans to invest over USD 1.5 billion in expanding its facilities in India. This substantial investment, a rarity in recent years, has sparked speculation that Foxconn is preparing for the introduction of new iPhone products in India. Due to reports suggesting that in the sec...

2023-11-28

[News] Current Investment and Financing Landscape in Chinese Semiconductor Industry

The semiconductor industry in China is gradually recovering in response to shifts in downstream demand in the end of November. This positive trend is reflected in the industry's dynamics of investment and financing. There have been nearly 40 financing events in the semiconductor industry. Sectors...

2023-11-28

[Insights] Stellantis Invests EUR 1.5 Billion in Leapmotor, Enabling EV Technology Advancements

On October 26, 2023, Stellantis announced a EUR 1.5 billion investment to acquire approximately 20% of Leapmotor, securing two seats on its board. Additionally, Stellantis and Leapmotor will establish a joint venture named "Leapmotor International" with ownership stakes of 51% and 49%, respectively....

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