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EV Battery Market Holds Steady, Slight Downtrend in Lithium Salt Prices, Says TrendForce

2 August 2023

In July, EV battery prices in China demonstrated stability, with lithium salt prices registering a marginal decline. The prices of EV square ternary cells, LFP cells, and pouch ternary power cells in July remained relatively consistent with the prior month, positioned at CNY 0.73/Wh, 0.65/Wh, and 0.78/Wh, respectively. This trend comes amid relatively muted demand in the EV sector, according to TrendForce research.

New AI Accelerator Chips Boost HBM3 and HBM3e to Dominate 2024 Market, Says TrendForce

1 August 2023

TrendForce reports that the HBM (High Bandwidth Memory) market's dominant product for 2023 is HBM2e, employed by the NVIDIA A100/A800, AMD MI200, and most CSPs' (Cloud Service Providers) self-developed accelerator chips. As the demand for AI accelerator chips evolves, manufacturers plan to introduce new HBM3e products in 2024, with HBM3 and HBM3e expected to become mainstream in the market next year.

Automotive TDDI Shipments Predicted to Surge by 54% in 2023 Amid Rising Automotive Panel Demand, Says TrendForce

19 July 2023

TrendForce predicts that the shipment quantity for automotive panels will cross the 200 million mark in 2023, reaching an estimated 205 million units—a 5.1% YoY growth.

OLED Penetration in Smartphones to Exceed 50% in 2023, Says TrendForce

18 July 2023

TrendForce’s latest report on OLED technology and the market indicates that OLED panels will secure more than 50% market share in the smartphone industry by 2023.

Automotive PCBs are Bucking the Trend With a Forecast of 12% CAGR from 2022 to 2026, Says TrendForce

17 July 2023

TrendForce’s global automotive PCB market outlook report indicates that as over half of the PCB industry's end-use applications are in consumer electronics, the economic downturn has had a more pronounced impact on the PCB industry compared to other components, especially when end-market demand has yet to show a significant recovery.


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