Tesla would have delivered more cars in the most recent quarter but for a shortage of boats. It’s having problems finding vessel capacity out of Shanghai. No wonder: China recently overtook Germany as the world’s second-largest auto exporter.
The mobile phone market has always had its ups and downs, but the current sharp decline in demand is probably a major headwind that has been never seen over the past decade, with either developing or developed countries facing great economic downturn pressure, according to MediaTek CEO Rick Tsai.