Thursday 16 May 2024
Nio is launching a more affordable brand in direct challenge to Tesla
Nio Inc. is launching a more affordable electric car brand in China in a bid to gain a firmer foothold in the world's most competitive market as Tesla Inc.'s momentum slips.
Tuesday 23 April 2024
Tesla reportedly laying off 20,000 employees in response to declining deliveries in 1Q24
Besides launching a new wave of EV price-cut strategies in 2024, Tesla is also undergoing a global mass layoff, highlighting the severe sales challenges Tesla is facing in the Chinese...
Tuesday 2 April 2024
Samsung, Huawei to clash with affordable foldables in 2H24
Samsung and Huawei could go head-to-head with their affordable foldable smartphones in the latter half of 2024.
Friday 15 March 2024
Samsung launches new mid-to-low priced smartphones, with Exynos AP seeing increased presence
Samsung Electronics has launched new mid-to-low-priced smartphone models, the Galaxy A35 and Galaxy A55. The aim is to reclaim the top market share spot in the global smartphone market...
Thursday 15 February 2024
Axelera AI offers affordable edge vision solutions for the AI era
Axelera AI, a Netherlands-based prominent edge AI software and hardware provider, recently showcased its groundbreaking products at CES 2024, earning recognition as a CES 2024 Innovation...
Monday 29 January 2024
Samsung rumored to develop lower-priced Galaxy Z Fold6 to increase penetration and expand market share in China
To increase the penetration rate of foldable models in the smartphone market and expand its market share in China's foldable smartphone market, Samsung Electronics is rumored to be...
Thursday 4 January 2024
Hyundai targets 30% EV sales growth in 2024; will launch affordable models soon
While the EV market growth has slowed, Hyundai Motor significantly increased its EV sales target in the new year. The automaker also plans to roll out affordable EV models to attract...
Tuesday 28 November 2023
Apple to roll out more affordable Vision Pro, say sources
The upcoming second-generation Apple Vision Pro headset will include four versions, one of which will be more price-friendly, according to industry sources.