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BYD overseas shipments more than double as domestic sales slide in August — Sep 1, 2026BYD reported 440,293 NEVs sold in August 2026, up about 17.8% year over year, with overseas shipments surging 134% to a record 189,466 and overseas sales making up about 43% of total. The company is relying more on international markets to offset a domestic slump, with overseas revenue surpassing China in the first half and China volumes declining, while it maintains guidance for full-year deliveries of 5 to 5.5 million.

Priya Raman Domestic slump is the real story here. Chinese buyers seem to be pulling back or spreading demand across too many competitors now.

Germany posts 0.3% Q2 GDP growth — Aug 25, 2026Germany’s economy grew 0.3% in Q2 2026 from the previous quarter, led by a jump in exports and a rebound in manufacturing, confirming a recovery trajectory after a weaker first half. Revisions to past data show stable annual growth around 1% with mixed domestic demand as external demand remains the main growth engine.

Huawei H1 Profit Drops 36% on R&D Push — Aug 31, 2026Huawei posted a 9.6% rise in first-half 2026 revenue to about 468 billion yuan, but net profit slumped around 36% to roughly 23.8 billion yuan as costs rose. The company intensified its R&D, spending about 121 billion yuan (roughly $18.1 billion), near a quarter of revenue, to expand AI, chips, and domestic tech amid sanctions and memory-cost pressures on its consumer business.

Tom Gallagher Memory costs squeezing the consumer business is the real story here, not the R&D spend. Component prices are hurting everyone right now.