South Korean companies have increasingly focused on OLED technology to differentiate themselves from Chinese competitors in the television market. However, recent comments from Jun Zhao, CEO of TCL China Star Optoelectronics Technology (TCL CSOT), suggest a potential shift in this dynamic
SK Hynix has reportedly begun mass production of its 321-layer 1Tb TLC 3D NAND Flash products, posing a potential threat to Samsung Electronics' (Samsung) leading position. This development is drawing significant attention from the market
On November 26, BYD announced a directive requiring its suppliers to implement a 10% cost reduction starting January 1, 2025. Following this, SAIC Maxus has reportedly launched a similar initiative, also targeting a 10% cost cut across its upstream supply chain, further intensifying market-wide cost optimization efforts
US President-elect Donald Trump's latest announcement of a 10% tariff on Chinese imports has created waves in international markets. While the relationship between this new tariff and his previous statements about imposing a 60% tariff on all Chinese goods remains unclear, analysts view this move as an opening gambit, marking the administration's first concrete trade action since his election victory
LG Group convened a board meeting to finalize senior leadership changes across its subsidiaries. While overall promotions were scaled back, the company emphasized advancing R&D talent and increasing representation among women and younger professionals, reinforcing its commitment to innovation and long-term growth strategies
LG Electronics has announced a major organizational restructuring aimed at shifting from a product-focused strategy to a solution-driven approach. This strategic realignment seeks to drive sustainable business growth while bolstering the company's competitive edge
Topco Technologies, which distributes silicone and other chemical materials, is optimistic about demand for AI servers, but the outlook for the automotive sector is bleak
BYD moves to shield itself from looming US tariffs as President-Elect Trump threatens new import taxes on Chinese, Canadian, and Mexican goods. The China-based EV giant has reportedly ordered suppliers to slash costs by 10% starting in 2025
In 2024, major Chinese semiconductor businesses continue to announce closures or severe layoffs, according to industry sources. Xiangdixian Computing Technology, commonly referred to as China's Nvidia, has opted to cease operations. Huaxia Smartchip, an intellectual property firm, declared bankruptcy in early 2024, while Smarter Microelectronics, a key communications chip producer, reportedly will cut its R&D personnel by 40%
Onsemi's leadership has been increasing its presence in China recently. After Felicity Carson, SVP of global operations at Onsemi, attended PCIM Asia 2024 in Shenzhen at the end of August 2024, company president and CEO Hassane El-Khoury made a subsequent visit to Shanghai to meet with local media
Due to restrictions on accessing Nvidia's most advanced GPUs, China's top 500 supercomputing systems rely exclusively on earlier-generation Nvidia accelerators, according to data from Top500.org
Kian Sheng, a subsidiary of the Yulon Group, plays a pivotal role in Taiwan's electric bus supply chain. Despite challenges, the company's operations in China achieved notable results in the first three quarters of 2024, fueled by battery box orders for new energy vehicle (NEV) models from Xiaomi and Hongqi, alongside a surge in bus chassis demand driven by tourism recovery
Samsung Electronics maintained its leadership in the global premium TV market during the third quarter of 2024, despite a notable decline from the same period in 2023. Conversely, Chinese brands Hisense and TCL achieved remarkable growth, with their shipment volumes more than doubling year-over-year, underscoring their expanding influence
Mitsubishi Electric is ramping up its power semiconductor production in Japan to meet the surging demand fueled by the EV revolution and global climate change initiatives
China's 4S dealership model, once a cash cow in the early 2000s, is unraveling under mounting pressure. The sector, which peaked around 2017, has been hit hard by fierce price wars and a market pivot toward domestic new energy vehicles (NEVs). From 2020 to 2024, over 10,000 dealerships are expected to shut down, with losses accelerating annually, according to the China Automobile Dealers Association (CADA)
