China's electric vehicle production is expected to break through 10 million units in 2024. The automotive industry is seeing transformation and competition. With strong growth and market share. The data up to May is presented.
Great Wall Motor expands in the ASEAN region with factories expected to start production in Malaysia, Indonesia and Vietnam, being an early entrant in the Southeast Asian market.
Samsung Electronics exceeded the production estimates for smartphones and tablets in the first half of this year, but may reduce production in the third quarter.
Xiaomi Motors announces cumulative deliveries of SU7 exceeded 20,000 units, monthly delivery to exceed 10,000 in June, and annual targets. With double-shift production. Locked orders are increasing.
German automakers produced a significant number of electric cars in 2023 but face various challenges in 2024, including subsidy cuts and technical issues.
Samsung's 12nm-class DRAM memory has a yield rate below 50%, and the company is taking measures to improve it. The article also covers its expansion plans.
STMicroelectronics announces the construction of a SiC factory in Catania, Italy, with investment and government support, set to operate in 2026 and reach full capacity in 2033.