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Chinese Electric Vehicle Makers Counter EU Tariffs: Market Diversification and Localized Production
Chinese Electric Vehicle Makers Counter EU Tariffs: Market Diversification and Localized Production Chinese electric vehicle (EV) manufacturers may be unhappy with the new additional tariffs imposed by the European Union (EU), but they have multiple strategies to maintain their growth momentum, including shifting production to the European continent and leveraging their robust profit margins to partially offset the impact of tariffs. The European Commission formally notified carmakers including BYD, Geely Automobile, and SAIC Motor on Wednesday that it would impose temporary tariffs on EVs, up to 48%, starting next month...
Industry dynamics 2024-06-19 14:36:22 -
Digital Yuan Trial in Hong Kong Expands: Faster Top-Ups via Faster Payment System
Since the expansion of the digital yuan pilot in Hong Kong, several banks, including Hang Seng Bank and Bank of Communications Hong Kong, announced on May 17 that they are offering top-up services for digital yuan wallets through the Faster Payment System (FPS). FPS: Hong Kong's Fast Payment System FPS is a fast payment system launched by the Hong Kong Monetary Authority (HKMA)...
Blockchain 2024-05-24 16:46:22 -
realme P Series Set to Debut: Unlocking the Mid-Range with Limitless Power
realme is gearing up to launch its highly anticipated new smartphone series in the Indian market - the P series. The series is designed to dominate the mid-range segment, breaking the barriers of "boring design," "mediocre performance," and "all-around limitations...
Mobile Internet 2024-04-09 18:37:04 -
Redmi Turbo 3: Snapdragon 8 Gen 2 Flagship Smartphone Goes on Sale
The Redmi Turbo 3 is set to launch on April 10 at 19:00, and it will be among the first smartphones to be powered by Qualcomm's Snapdragon 8 Gen 2 flagship chip. According to Redmi's general manager, Wang Teng, the chip is the performance benchmark for Android devices and costs hundreds of millions of dollars...
Mobile Internet 2024-04-09 17:14:55 -
Huawei HarmonyOS NEXT Set for Major Update, Native App Ecosystem Explodes
Huawei is set to unveil the full-fledged version of HarmonyOS NEXT around the launch of its Mate 70 series or shortly after, showcasing its mature native app ecosystem and innovative smart connectivity experience. With over 4,000 apps now on board, Huawei has entered the second phase of its ecosystem development, signaling the commencement of an "acceleration mode...
Mobile Internet 2024-04-08 16:53:28 -
Redmi Turbo 3: A Flagship Performance Beast Redefining the Mid-Range and Premium Smartphone Market
The Redmi Turbo 3 is set to make waves as the latest highly anticipated smartphone from the Redmi brand. With its top-tier specifications and exceptional design, this new device promises to shatter the traditional definition of price-to-performance, leading the mid-range and premium smartphone market into a new era of performance and lightweight elegance...
Mobile Internet 2024-04-08 16:45:28 -
OPPO A3 Pro: The First-Ever
OPPO has announced the launch of its A3 Pro smartphone on April 12th, touted as the first-ever "full-level waterproof" phone. This highly anticipated device recently surfaced on the GeekBench benchmarking database, revealing its impressive performance capabilities and other key specifications...
Mobile Internet 2024-04-08 16:30:38 -
vivo Takes Top Spot in China's Q1 Smartphone Market, Securing Market-Leading Share
Activation Volume Data Unveiled: vivo Dominates with High Market Share According to statistics gathered by an esteemed market research firm, vivo (including iQOO) captured a market share of 17.01% in terms of sales volume in the Chinese smartphone market for the first quarter of 2024...
Mobile Internet 2024-04-08 16:27:46 -
OnePlus Ace 3V Adopts Glass Back for Flagship-Level Build Quality
OnePlus has unveiled its latest mid-range device, the OnePlus Ace 3V, which boasts a glass back covera feature uncommon in its category. Utilizing flagship-grade craftsmanship and higher production costs, the phone's glass back elevates the device's overall and places it at the forefront of mid-range smartphones...
Mobile Internet 2024-04-08 16:25:04 -
OPPO Reno12 Series: Periscope Lens, Performance Boost, Targets Honor Digital Series
On April 8th, according to the latest leaks from the digital blogger "Wisdom Pikachu", the OPPO Reno12 series will be upgraded with a periscope lens, AI enhancements, and benchmark against the Honor Digital series. It will be powered by the powerful Snapdragon 8 Gen2 and 8s Gen3 mobile platforms, promising significant improvements over the OPPO Reno11 series...
Mobile Internet 2024-04-08 16:20:28 -
Redmi Turbo 3: An Ultra-Thin, Ultra-Durable Snapdragon 8 Series Flagship Smartphone
The Redmi Turbo 3 has arrived, stunning the industry with its ultra-thin body, ultra-light weight, durability, and powerful Snapdragon 8 series processor. Ultra-Thin and Lightweight The Redmi Turbo 3 boasts a svelte design, measuring only 7...
Mobile Internet 2024-04-08 16:13:05