China’s top-selling automaker BYD Co. expects overseas deliveries to account for almost half of total sales in the future, suggesting it will continue to set up global production hubs to overcome punishing tariffs.
Hyundai Motor Co. plans to double its lineup of hybrid cars as demand for pure electric vehicles slows and announced a KRW 4 trillion ($3 billion) share buyback as part of a plan to boost investor returns.
Chinese OLED manufacturers have now surpassed South Korean companies in terms of market share, according to figures from multiple research firms. This development could potentially benefit Taiwanese display driver IC (DDI) firms, which have historically maintained close cooperation with Chinese panel makers due to past difficulties in overcoming barriers set by Korean panel manufacturers.
In recent years, advanced packaging has become increasingly crucial in high-performance computing, and Chinese OSAT companies, particularly Tongfu Microelectronics, are determined to seize this growing opportunity.