Tesla Reports Record Revenue, Deliveries in Q4 2022
Tesla’s total revenue stood at $24.3 billion in Q4 2022 with 37% YoY growth. Tesla deployed 2.46 GWh of energy storage during Q4, a growth of almost…
China Smartphone Sales in 2022 Reach Lowest Level in a Decade; Apple Becomes #2 Brand for First Time
China’s smartphone sales declined 14% YoY in 2022 to record their fifth consecutive year of decline. Apple’s sales outperformed the country’s market…
Thailand Leads Southeast Asia EV Market With 60% Share
Southeast Asia’s electric vehicle sales grew 35% YoY in Q3 2022. The top five brands accounted for almost 67% of the region’s passenger EV sales.…
Global Smart Hardware Manufacturing Diversification Going Steady and Strong
Zhengzhou Foxconn is gradually restoring production after COVID-triggered disruptions. The iPhone 14 Pro series is still facing long wait times.…
BYD Widens Gap with Tesla in Q3 2022, Leads Global EV Market
Three of the top five best-selling EV brands in Q3 2022 were from China. The top 10 EV models accounted for more than 35% of global EV sales. EVs…
China Singles’ Day Smartphone Sales Drop 11%YoY
The Singles’ Day smartphone sales this year dropped about 11% YoY. Apple’s Singles’ Day promotions were the biggest highlight of the festival this…
China Smartphone Sales Fall 12% YoY in Q3 2022, Beat Lockdown Impact to Rise 5% QoQ
China’s smartphone sales in Q3 2022 declined 12.4% YoY on weak demand. Apple took the crown in September in terms of market share growth, with its…
Tesla’s stellar Q3 performance
Tesla delivered nearly 343,900 vehicles during Q3 2022, an increase of 42.4% YoY Logistics remains a major bottleneck for Tesla deliveries Tesla can…
Global Cellular IoT Module Shipments Grew 20% YoY in Q2 2022
After declining in Q1 2022, the global cellular IoT module market recovered in Q2 2022 despite macroeconomic headwinds and lockdowns in China, the…
Global EV Sales up 61% in Q2 2022; BYD Leads Market
Global passenger electric vehicle (EV) sales* reached 2.18 million units in Q2 2022. BYD Auto overtook Tesla to become the top-selling EV brand…
Global Smartphone Shipments Decline 9% YoY in Q2 2022 Amid Deteriorating Economic and Geopolitical Climate
The global smartphone market declined by 9% YoY and 10% QoQ to 295 million units in Q2 2022. This was the first time quarterly shipments dropped…
Global EV Shipments Up 79% YoY in Q1 2022; Tesla Remains Leader
In Q1 2022, global electric passenger vehicle (EV) shipments exceeded 1.95 million units. Passenger battery electric vehicle (BEV) shipments grew…
Qualcomm, UNISOC, ASR Lead Cellular IoT Module Chipset Market in Q1 2022
Qualcomm, UNISOC, ASR and MediaTek were the top four cellular IoT chipset vendors in Q1 2022. 4G (Cat 1 and Cat 1 bis) contributed to almost…
China Smartphone Sales Decline for 10 Consecutive Weeks in First Half of 2022
China’s smartphone sales declined for 10 consecutive weeks since the sixth week of 2022 when compared to the same period in 2021, according to…
Qualcomm Retains Top Position in Global Cellular IoT Chipset Market in Q4 2021
Qualcomm, UNISOC and ASR were the top three cellular IoT chipset vendors in Q4 2021. NB-IoT contributed to almost a third of the cellular IoT…
NIO Registers Nominal Growth in Q4 2021
NIO is a leader in China’s smart electric vehicle (EV) market. After starting its business in 2014, NIO delivered its first model, the ES8, in…
Global Cellular IoT Module Revenue Grows 58% YoY in Q4 2021; 5G, 4G Cat 1 Modules Fastest Growing
Quectel and Qualcomm led the global cellular IoT module and IoT chipset markets respectively in Q4 2021. 5G contributed to nearly a quarter of the…
Chinese Smartphone OEMs’ Premium Push May Need Extra Effort
Consumption upgrade has been a key driver of China’s economy and smartphone markets reflect this as Chinese OEMs target more profitable premium…