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Samsung Electronics today announced Galaxy Z Fold7, a device that brings together the best of Galaxy design, camera functionality and AI innovation in the thinnest and lightest Galaxy Z Fold series to date. It delivers the premium performance and experience of an ultra smartphone, while unlocking new levels of efficiency and productivity with a larger, more immersive display when unfolded. And with the new One UI 8 as its foundation, it seamlessly integrates intelligent, multimodal agents optimized for the foldable form factor. “Galaxy Z Fold7 combines Galaxy AI with powerful hardware to deliver our most advanced smartphone experience yet,” said TM Roh, President and Acting Head of the Device eXperience (DX) Division at Samsung Electronics. “This next chapter of foldables brings together design and engineering, with AI built specifically for the foldable form. It gives people the ultra experience they want — powerful, immersive, intelligent, and portable...

BYD Atto 3 Now Half Price in Japan: A Turning Point for Chinese EVs?

BYD SEAL BYD Slashes EV Prices by Up to 50% in Japan Amid Weak Sales Chinese electric vehicle giant BYD has launched an aggressive discount campaign in Japan, cutting prices by up to 50% in an effort to boost sluggish sales in one of the world’s toughest auto markets. Struggling in Japan Despite Global Growth Although BYD entered Japan in January 2023, its sales have remained underwhelming. As of June 2025, total cumulative sales reached just 5,300 units, and the company has yet to surpass 1,000 units in monthly sales. The automaker currently offers four EV models in Japan — the Atto 3, Seal, Sealion 7, and Dolphin — through a network of 45 dealerships nationwide. In contrast, BYD is seeing explosive growth elsewhere. In August 2025, the company sold over 13,500 vehicles across Europe, a 200% year-on-year increase, and continues to post strong results in China, Southeast Asia, and Latin America. Korea Shows Similar Pattern BYD’s performance in neighboring South Korea has also bee...

Toyota and Sumitomo Develop Breakthrough Cathode for Next-Gen Batteries

Toyota to Launch World’s First Solid-State Battery EV by 2027 Toyota Motor Corporation has officially declared that it will launch the world’s first electric vehicle powered by solid-state batteries as early as 2027, signaling a major technological leap that could redefine the global EV industry. Partnership With Sumitomo Metal Mining for Breakthrough Cathode Material Toyota announced on October 10 that it has co-developed a durable cathode material for solid-state batteries with Sumitomo Metal Mining, aiming for commercial rollout between 2027 and 2028. While companies such as Samsung SDI and QuantumScape are also racing toward commercialization—Samsung SDI operating the world’s largest solid-state pilot line (“S-Line”) since 2023 with a 2027 target, and QuantumScape developing ceramic-based solid electrolytes for a 2026 debut—Toyota is the first automaker to commit to launching a production EV equipped with solid-state batteries. Overcoming Durability and Efficiency Challenges ...

BYD Overtakes Hyundai in Global Sales with Strong August Performance

Chinese automaker BYD has surpassed Hyundai Motor in global sales, cementing its position as one of the fastest-growing players in the global automotive market. In August, BYD sold 373,626 vehicles worldwide, up 0.17% year-over-year and 8.93% from July. This brought the company’s cumulative sales from January to August to 2,863,876 units, a 23% increase compared to the same period last year. Passenger vehicles: 2,825,802 units (+21.9% YoY) Commercial vehicles: 38,074 units (+294.5% YoY) BYD’s international expansion continues to gain momentum. In August alone, overseas sales reached 80,464 units, a 146% surge compared to last year. From January through August, BYD exported 630,728 units, marking a 136% increase year-over-year. By contrast, Hyundai Motor reported 2,738,841 vehicles sold globally between January and August, up only 0.2% year-over-year. Hyundai’s domestic sales grew 2.1% to 469,457 units, but overseas sales slipped 0.1% to 2,269,384 units. The figures underscore a s...

Goldman Sachs, China’s EUV Lithography Machine Still 20 Years Behind ASML

ASML 2nd generation High-NA EUV machine Goldman Sachs, China’s EUV Lithography Machine Still 20 Years Behind ASML According to a recent report by Goldman Sachs, China has successfully developed its own version of an extreme ultraviolet (EUV) lithography machine, but the system is reportedly capable of producing only 65nm chips—a process node considered obsolete by today’s industry standards. This places China’s EUV technology about 20 years behind that of Dutch leader ASML, the world’s sole supplier of advanced EUV lithography tools. Goldman Sachs noted that while Chinese foundry SMIC has already demonstrated limited 7nm chip production, it almost certainly still relies on ASML’s older deep ultraviolet (DUV) lithography machines, given that China lacks the ability to manufacture cutting-edge EUV systems domestically. Meanwhile, ASML is advancing into its second-generation High-NA EUV lithography, now being deployed at Intel, TSMC, and Samsung Electronics. Each H...

China’s Gotion Challenges NCM Batteries With Low-Cost, High-Density LMFP Tech

Gotion HighTech LMFP Battery Volkswagen-Backed Gotion High-Tech to Begin Mass Production of LMFP Batteries in 2026 Gotion High-Tech, a Chinese battery manufacturer backed by Volkswagen, announced that it will begin mass production of next-generation LMFP (Lithium Manganese Iron Phosphate) batteries in 2026 — achieving an energy density of 260 Wh/kg, high enough to replace conventional nickel-based lithium-ion cells. World’s First Passenger Car-Grade LMFP Battery The LMFP chemistry is an upgraded version of LFP (Lithium Iron Phosphate), which currently powers over 60% of EVs produced in China. Gotion’s LMFP batteries will be the first in the world to enter mass production for passenger vehicles, offering a major leap forward in both performance and cost-efficiency. Compared to standard LFP batteries, Gotion’s LMFP packs deliver 20% higher energy density, while production costs are only 5% higher. In contrast, the nickel-based lithium-ion batteries (NCM/NCA) used by companies such ...

Tesla’s Korean Boom: EV Maker Tops Import Sales Amid Global Slowdown

While Tesla struggles in its home markets of the U.S. and Europe, the EV giant is experiencing a dramatic sales surge in South Korea, where it has now become the top-selling imported car brand. According to the July new car registration data from the Korea Automobile Importers & Distributors Association (KAIDA), Tesla Korea sold 7,357 vehicles, up 15.4% from the previous month. This performance allowed Tesla to surpass both BMW (6,490 units) and Mercedes-Benz (4,472 units) to take the top spot in the imported car market. This marks Tesla’s second time ranking No. 1 in three months—previously leading the market in May (6,570 units), and placing second in June (6,377 units). With an average of over 6,400 units sold per month over the past quarter, Tesla’s momentum in Korea continues to build rapidly. For the period from January to July 2025, Tesla Korea’s cumulative sales reached 26,569 units, reflecting a 32.4% year-on-year increase. While this figure still t...