Memory chip production cuts have sparked a rally in NAND Flash prices, cushioning Taiwan-based controller manufacturer Phison Electronics against strengthening local currency pressures that typically erode overseas earnings by 3% for every 1% appreciation.

The number of public chargers in China, the EU, and the US is estimated to reach 5.81 million units in 2025. China and the EU continue to expand, while growth in the US slows due to Trump’s policies.

A combination of rising US tariffs, reduced benefits from China’s “trade-in” subsidy program, and mounting inventory challenges has prompted Chinese panel makers to scale back production during the five-day May Day holiday. This measure aims to support prices, which have remained relatively flat since the end of April, preventing a sharp drop amid slowing purchasing activity from television brands.