Data

China's new energy vehicle market is poised for strong growth over the next five years, with a compound annual growth rate (CAGR) of 36.1 percent from 2020 to 2025, driven by a number of factors including policy drivers, according to market research firm IDC.

In October, the value of export delivery of above-scale electronic information manufacturing industry increased by 6.6% year-on-year.

Average daily retail sales in China's passenger vehicle market were 62,000 units in November, up 5 percent year-on-year and 3 percent from October, according to data released today by the China Passenger Car Association (CPCA).

XPeng's November deliveries reached 4,224 units, up 342 percent year-over-year, the Chinese electric vehicle company said today.

Among the top five handset makers, only Samsung and Xiaomi saw an increase in shipments, up 2.2 percent and 34.9 percent, respectively.

A total of 160,000 new energy vehicles were sold in China in October, up 104.5% year-on-year, data from the China Association of Automobile Manufacturers showed on Wednesday.

Retail sales in China's passenger car market reached 1.992 million units in October, up 8.0% year-on-year, achieving a nearly two-year high growth rate of 8% for four consecutive months, data released today by the China Passenger Car Association (CPCA) showed.

Alibaba's revenue rose 30 percent year-on-year to RMB 155.06 billion in the second quarter of fiscal 2021, which ended September 30, 2020, slightly ahead of market expectations of RMB 154.84 billion.

Despite sanctions by the US government, Huawei shipped 4.9 million units of tables in the third quarter of 2020, up 32.9 percent year-on-year, according to a recent IDC report.

In October, DRAM and NAND prices suffered a collective plunge. Analysts believe that this is due to the US sanctions against Huawei, which exacerbated the decline in prices in the memory chip market.