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Global sales of xEVs (x-electric vehicles) have soared in 2015 owing to strong market demand in China and Europe. The latest report from global market research firm TrendForce reveals that worldwide sales of xEVs for the first three quarters of this year reached 330,000 units, up 31% year on year.
The global xEVs (x-electric vehicles) market has performed impressively this year mainly because of the Chinese market, which has expanded due to strong government support. EnergyTrend, a division of TrendForce, estimates that xEV sales in China will grow 20% year on year to 130,000 units in 2015; and the share of BEVs (battery electric vehicles) in China’s xEV sales this year will also reach 64%.
The downward revision of income tax credit for photovoltaic systems for next year in the U.S. has resulted in a general installation boom, which is prolonged by the planned feed-in tariff (FiT) reduction by the Chinese government also in 2016. The global PV demand is therefore expected to remain strong and generally unaffected by next year’s off-peak season.
Though DRAM prices continue to fall, mobile DRAM has been more resistant to price decline than other memory products. With the bit supply increasing, mobile memory accounted for 40% of the total DRAM revenue in the third quarter, and its share of the revenue is expected to keep expanding. According to DRAMeXchange, a division of TrendForce, mobile DRAM revenue increased by 18% in the third quarter compared with the second quarter.
