Recently, Manufacturing Market Insider released the annual MMI Top 50 list of the world’s largest EMS suppliers. In 2023, the revenue of the top 50 sales was $423 billion, with an overall growth rate of -5.8%, a decrease of $26 billion. MMI conducts an annual survey of over 100 of the world’s largest EMS companies to list their ranking information. It has been proven that only top tier (Hon Hai…
According to American media reports on April 15th, Tesla CEO Elon Musk stated in an internal email to employees that the company will lay off more than 10% of its global employees to cut costs and improve productivity. Musk stated in an email that Tesla’s “rapid growth” has led to “duplication of roles and job functions in certain areas.”. “It is extremely important to prepare for the next stage of…
On April 11th, the Huawei HarmonyOS Spring Communication Conference was held online, officially releasing new products such as the Smart World S7 series cars, Matebook X Pro laptops, and Freelace Pro 2 headphones. Unfortunately, Yu Chengdong did not mention or disclose any information about the Huawei P70 series that everyone is longing for. According to staff or store managers from multiple stores cited by Southern Daily, although the opening time…
In 2023, facing fierce competition from Chinese manufacturers, Samsung Display’s market share in the smartphone organic light-emitting diode (OLED) panel market fell below 50% for the first time. BOE and other companies have obtained exclusive supply from Chinese smartphone brands such as Xiaomi and Huawei, and the surge in their market share is seen as an important factor in this transformation. According to market research firm Omdia, the global shipment…
On April 2nd, Huawei Investment Holding Co., Ltd. issued an announcement regarding the distribution of dividends. According to the announcement, Huawei has decided to distribute a dividend of approximately 77.1 billion yuan to shareholders through an internal decision-making body. According to public information, Huawei Investment Holding Co., Ltd. is a private enterprise 100% owned by employees. The shareholders are the Trade Union Committee of Huawei Investment Holding Co., Ltd. and…
On the evening of March 28th, the price of Xiaomi’s first model, the Xiaomi SU7, was officially announced. There are three versions of the new car, with the standard version starting at 215900 yuan, the Pro version starting at 245900 yuan, and the Max version starting at 299900 yuan. At the same time, Xiaomi Motors has also launched a limited edition model of 5000 units. After the price was released,…
According to the latest report from market research firm Counterpoint Research, global shipments of XR headsets experienced a serious decline in 2023, with an annual decrease of 19%. This data reflects the ongoing challenges in the XR market, mainly due to a lack of top-notch products that are attractive enough to consumers, as well as a lack of eye-catching gaming and application cases. However, the launch of two highly anticipated…