BYD, China's top electric vehicle (EV) manufacturer, is dialing back production and postponing factory expansion as mounting inventory levels and sluggish sales weigh on operations,...
As China's electric vehicle (EV) giants push deeper into a bruising price war, promises of faster payments to suppliers are doing little to ease growing fears of a broader industry...
Several of China's state-owned automakers have pledged to standardize bill payment periods for their suppliers to 60 days after authorities raised concerns about supply chain finan...
Chinese officials summoned the heads of major electric vehicle makers, including BYD Co., to Beijing in early June to address concerns about the long-running price war, according...
China's automotive sector has descended into a brutal price war as the industry enters its traditional slow season, with more than 70 models from manufacturers including BYD, Geely,...
China's electric vehicle market has been thrown into fresh turmoil following a new round of steep price cuts from BYD, reigniting a heated price war and triggering public disputes...
Chinese electronics giant Xiaomi is projecting a turnaround in its electric vehicle (EV) division, with profitability expected as early as the second half of 2025, CEO Lei Jun told...
Chinese electric vehicle giant BYD saw its market capitalization plunge in late May after initiating sweeping price cuts of up to 34%, fueling fears of a full-blown price war and...
In recent weeks, Chinese automotive giant BYD has slashed prices on as many as 22 of its electric vehicle (EV) models, including both battery electric vehicles (BEVs) and plug-in...
Samsung Electronics has sharply reduced its memory chip production—by more than 100 billion units in a year—raising eyebrows across South Korea's tech industry. The unexpected...
With the rapid development of smart driving technology, competition in China's electric vehicle (EV) market has intensified. Industry sources in China indicate that Qualcomm has cut...
China's aggressive price war in mature-node wafer manufacturing appears to be stabilizing, as Vanguard International Semiconductor (VIS) reports shifting customer orders. Chairman...
China's automotive market remains caught in an intense price war, with competition becoming increasingly cutthroat over the past two years. This has forced weaker brands out of the...
China's cloud service providers (CSPs) have been engaged in fierce price competition since 2024, deploying aggressive cost-cutting strategies to expand market share. This battle is...
In 2024, China's solar power manufacturing sector faced its toughest year for profitability due to fierce internal competition and a relentless price war. These challenges are further...
