Name: EZ-GO Electronics Corp
Address: 2025 Willingdon Ave, Burnaby, BC, CA
Telephone: 778-858-1288

IC Wafer Capacity: Expected to reach record levels by 2025, with 8% growth forecasted, up from 4% in 2024. Seventeen new wafer fab lines are set to begin operations next year.
Semiconductor Sales: Forecasted to grow by 16% in 2024, revised from 13.1%, driven by strong computing market performance.

China NEV Exports: Facing 20-30% growth impact; BYD sales reached 342K units in June, with exports up 156% Y/Y but down 28% M/M.
Tesla: China deliveries fell 2% M/M and 24% Y/Y in June.
Global EV Sales: Increased 13% Y/Y in June; PHEV sales reached 1.4 million units.
GM and Stellantis: Biden administration awarded $1.1 billion for EV plant conversions, targeting 1 million EVs annually.
Mercedes-Benz: Delaying battery cell capacity expansion due to lower projected EV sales.
Lucid: Delivered 2,394 vehicles in Q2, exceeding estimates.
VW: Warned of potential Brussels site closure due to decreased demand for high-end electric cars.

Samsung Electronics: Largest workers’ union in South Korea continues indefinite strike for better pay. Received AI chip order using its 2-nanometer foundry process.
Global Semiconductor Sales: Increased 19.3% Y/Y in May to $41.2 billion. Notable growth in the Americas (+43.6%) and China (+24.2%).
Onsemi: Acquired SWIR Vision Systems, specializing in short-wavelength infrared technology.
Nexperia: Investing $200 million in wide bandgap semiconductors, including silicon carbide (SiC) and gallium nitride (GaN). Increasing wafer fab capacity for silicon diodes and transistors.
ROHM and SiCrystal Germany: Expanding SiC wafer production capacity, new building in Nuremberg to be completed by early 2026.
UMC: June revenue declined 10% M/M and 7% Y/Y. Anticipates demand improvement in H2.
Huawei: Launching Kirin 9100 processor produced by SMIC’s 5nm process, expected to outperform Qualcomm Snapdragon 8 Gen 2.
MediaTek and Qualcomm: Set to release new 5G phone chips in Q4 using TSMC’s 3nm process.
TSMC: Q2 revenue at T$673.51 billion, up 32% Y/Y. Increased prices for 3nm processes due to high demand.

Apple: Targets shipping at least 90 million iPhone 16 devices, aiming for 10% growth.
China-EU Trade: China investigates EU’s potential illegal trade barriers.
Foxconn: Q2 revenue up 19.1% Y/Y, driven by strong AI server demand.
Global PC Market: PC shipments up 3% in Q2, with Apple’s growth at 20.8%.

United States: Mixed manufacturing activity; S&P Global PMI at 51.3 (expansion), ISM PMI at 48.7 (contraction).
Eurozone: Manufacturing PMI at 47.3, indicating expansion in peripheral countries and slower contraction in France and Germany.
China: Official Manufacturing PMI fell to 49.5 (contraction), while Caixin PMI showed expansion to 51.7.

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