According to a report from ijiwei, citing Nikkei, China is rapidly expanding its production capacity in the mature semiconductor and niche substrate sectors, pushing prices to unprecedented lows and exerting significant pressure on the global chip industry. The report, quoting a sales director at...

Tesla initiated a price war in the Chinese market this year, forcing local manufacturers to confront the challenge. However, after nearly a year of intense competition, Tesla unexpectedly called a truce, while Chinese manufacturers led by BYD thrived in the fierce price war, turning adversity into o...

Tesla has caused a lot of buzz in the global car market by cutting prices across several regional markets. The US, China, Europe, and Japan have all seen a significant drop in prices of Tesla vehicles, with magnitudes ranging from 6% to 20%. The US, in particular, has seen the largest cut in the ave...