China-based lithium-ion (Li-ion) battery cell and module maker Sunwoda Electronic will have its subsidiary Sunwoda Electric Vehicle Battery set up a factory of Li-ion battery cells, modules, and packs for use in electric vehicles (EVs) in central China on a joint-venture basis with China-based automaker Dongfeng Motor and its affiliate Dongfeng Hongtai Holding, according to industry sources.

Tata, India’s top EV brand by sales, launched a new electric four-wheeler (E4W) model priced as low as US$10,000 to strengthen its position in India’s rapidly-growing EV market when other players have yet to launch competitive products to attract consumers.

“Taiwan’s ICT companies have a longtime focus on hardware advancement, capable of agile and flexible development to adapt to unprecedented circumstances. For example, the services and system integration providers can team up with Taiwan ICT suppliers to develop 5G services targeting different industries vertically such as smart cities, transportation, banking, and smart manufacturing, then sky will be the limit for the global 5G application growth,” said Roger Huang, director of DIGITIMES Research.

The entire notebook supply chain will remain under pressure to digest inventories through the end of the year amid stronger-than-expected slump in end-market demand resulting from high inflation and other macro headwinds, and brand vendors are not expected to resume significant pull-in momentum for shipments from suppliers until the second half of 2023 at the earliest, according to industry sources.