SolarEdge Cuts Nearly 500 Jobs: Energy Storage Unit Closure Amidst Market ChallengesSolarEdge Technologies, a manufacturer of photovoltaic inverters, recently announced a significant strategic adjustment involving the closure of its energy storage division and the layoff of approximately 12% of its workforce, resulting in the loss of nearly 500 jobs. This move is attributed to the current challenging market environment and intensifying competition...

Understanding Market Shifts: Identifying Changes in Consumer Costs and Market OpportunitiesWhile most, especially those in Tier 1 and 2 cities, are familiar with the varying specifications of mobile phone processors, memory, and screens, how many understand the model, bearing brand, and performance parameters of a refrigerator's cooling system? Likely very few. This is because refrigerators, as durable goods, prioritize long-term stability and brand reputation over technical details...

DRAM Price Decline Accelerates: Downward Pressure on the Market to Continue Through 2025The fourth quarter is a critical period for DRAM industry contract pricing, and market dynamics are undergoing significant changes. According to the latest report from TrendForce, the decline in DRAM prices is accelerating, driven by a double whammy of oversupply and weak demand...

LG Energy Solution (LGES) Exclusively Supplies Batteries to Bear Robotics, Opening a New Chapter in the Robotics MarketOn November 18th, LG Energy Solution (LGES) announced a Memorandum of Understanding (MOU) with Silicon Valley robotics company Bear Robotics, establishing LGES as the exclusive supplier of cylindrical batteries for Bear Robotics. This collaboration marks a significant step for LGES into the robotics market and provides Bear Robotics with enhanced product performance and market competitiveness...

2023 Home Appliance Market Deep Dive: Green and Smart Technologies Take Center Stage, Driving Strong Replacement DemandThis year, the iterative upgrading of home appliances has become a significant highlight in the consumer market. Government subsidies coupled with promotional activities on e-commerce platforms have fueled a large-scale home appliance replacement wave, injecting strong consumer vitality into the sector...

Fujifilm Enters Cinema Camera Market: GFX100-Series Derivative, FUJIFILM GFX EXTERNA, Launching in 2025Fujifilm Corporation officially announced on November 16th its foray into the cinema camera market with the development of its first cinematic camera, the FUJIFILM GFX EXTERNA, slated for release in 2025. The camera is designed to be compact and highly mobile, catering to a wide range of filmmaking needs...

US FTC to Investigate Microsoft's Cloud Computing Business, Suspected of Abusing Market Dominance...

Made in China Leads the Global Market: Expansion of Cross-border e-commerce "Free Shipping Zones" Presents Win-Win OpportunitiesRecently, Singapore, Malaysia, Thailand, Japan, and South Korea have officially joined the Taobao and Tmall overseas "free shipping zones." At the same time, JD Global also added Malaysia and Thailand as two new free shipping sites...

AUDI: How the German Luxury Brand is Making a Comeback in China's Electric Vehicle Market?In recent months, the proportion of new energy vehicles in China's passenger car sales has exceeded 50% for three consecutive months, marking a historic breakthrough over traditional fuel-powered vehicles. The "greatest change in a century" is happening in the Chinese automotive market...

Trump's Return, Silicon Valley Rejoices: Nvidia Surpasses Apple in Market Cap, Tech Giants Await New Merger WaveNvidia Tops Market Cap, Fueled by AI BoomNvidia's stock price had already surged by 12% in November, and it has tripled since the beginning of 2024. The market's enthusiasm for Nvidia stems from its leading position in artificial intelligence...

South African Avocados Enter the Chinese Market: Double 11 Online Launch on Taobao and Tmall, Driving Global Production Exponential GrowthOn the afternoon of November 6th, a major event took place at the Food and Agricultural Products Exhibition Area of the CIIE: Taobao and Tmall, in collaboration with Dole, hosted the launch ceremony for the South African avocado's Double 11 online debut. This event marks the official entry of South African avocados into the vast Chinese market, with the hope of achieving exponential growth in global production through the support of e-commerce platforms...

Douyin E-commerce Global Purchase Makes Its Debut at CIIE, Empowering Overseas Brands to Enter the Chinese MarketFrom November 5th to 10th, the 7th China International Import Expo (CIIE) was held at the National Exhibition and Convention Center (Shanghai). Douyin E-commerce Global Purchase participated for the first time, showcasing products from over ten countries...