BYD has reported strong sales growth for April, defying supply chain disruptions. In the same month, China’s automobile production declined by half due to COVID lockdowns.

In order to speed up the development of electric vehicles (EV), Mahindra & Mahindra is changing tack and is open to sourcing more EV components from suppliers, while the company expects more competitors to eat into its dominating market share in the electric three-wheeler market.

Apple suppliers, particularly TSMC, remain bullish about MacBook shipments in 2022, according to industry sources.

Phison Electronics expects shipments of its PCIe Gen5 SSD controllers to rise substantially between 2023 and 2024.