Meta Platforms Inc. announced its third-quarter 2024 earnings on October 30, surpassing expectations due to robust ad revenue and AI advancements. As the largest social media company, Meta—parent to Facebook and Instagram—revealed plans to increase infrastructure investments significantly in 2025, driven by its growing focus on AI.

Advanced Power Electronics (APEC) reported a sequential uptick in the third quarter 2024 revenue, driven by demand for upgraded power supplies and cooling fans in AI servers. While these products mainly operate on low- to mid-voltage, APEC noted their average selling price (ASP) trends higher, though rising quality demands from clients are also intensifying price pressure.

China’s solar energy industry has been grappling with severe oversupply and aggressive price competition in the local market since 2024. In late October, the China Photovoltaic Industry Association (CPIA) collaborated with executives from Tier 1 solar energy manufacturers to establish a price floor agreement aimed at stabilizing prices. With support from the Chinese government, Chinese solar prices have begun to stabilize, a development that carries substantial market implications.

As AI PCs shape the future of the computer industry, companies are increasingly focusing on sustainable design to align with Environmental, Social, and Governance (ESG) standards. Major tech brands like Acer and Lenovo are leading the way with eco-friendly laptops, and rugged computer specialist Getac is also introducing recyclable materials into its products.