Elon Musk’s quick visit to China paid immediate dividends, with Tesla Inc. clearing two key hurdles to introduce its driver-assistance system to the world’s biggest auto market.
After getting a jump on competitors in the latest round of China’s electric-vehicle price war, BYD Co. now faces a key test of proving that it can withstand the impact on profits.
Taiwan’s major NAND controller manufacturer Phison Electronics has decided to establish a startup company, MaiStorage, with an investment of MYR 100 million (US$21.09 million).