China’s flourishing x-electric vehicle (xEV) market kept domestic and foreign lithium battery manufacturers from Japan and South Korea running at full capacity in 2015, according to EnergyTrend, a division of TrendForce. The xEV boom has encouraged manufacturers not only to accelerate their capacity expansion efforts in China but also reallocate their capacities to boost xEV battery production.
EnergyTrend, a division of TrendForce, reports that the global PV market is seeing slowing demand after the Chinese New Year holidays. Peak installation seasons in the U.S. and Japan have passed, and the demand related to China’s efforts to connect its PV power plants to the grid is also subsiding as this mission is set to be completed at the end of June.
Prices of panels for smartphone displays were in an uptrend from the start of the fourth quarter of 2015 to just before the Chinese New Year holidays this year. Sales of smartphone panels during the period benefitted from strong export demand for Chinese panel products and clients stocking up for Chinese New Year sales events.
Currently, the healthcare sector can be divided into three major subfields – pharmaceuticals, medical devices and biotechnology. The medical device industry in particular has huge growth potential due to advances in information communication technology (ICT). “New technologies have significantly enhanced the capabilities of medical devices,” said Jason Huang, TrendForce’s research manager for the healthcare industry.
