India is emerging as one of the EV markets with great growth potential in the world, promising good business opportunities for Taiwan’s hardware suppliers, according to industry sources.
China has emerged as the world’s largest regional market for electrical vehicles (EV) and will remain on track to grow fast on a series of policy incentives designed to encourage EV production and purchases, prompting Taiwan components suppliers to step up deployments to explore more business opportunities.
MediaTek is mulling raising its 3G and 4G mobile chip prices, aiming to mitigate the impact of disappointing 5G chip sales on its sales performance this year, according to industry sources.