BYD AUTO: Back In The Fast Lane?: "The diversified manufacturer said its surprising first half performance was not only due to strong sales of its core products – hybrid and fully-electric sedans – but also the result of strong sales of smart phone technology components as the world’s largest online and handset-using country continues to make the gradual shift form laptops and desktops to portable IT devices like iPads.
Thirdly, BYD said that its solar energy sector product sales were also a bright spot last quarter, and with wafer and panel prices finally returning to more feasible and profitable levels, it said that losses in the sector are becoming smaller and smaller.
Finally, the South China based tech firm said sales of its traditionally rechargeable cell phone batteries also accelerated in the January-March period.
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'via Blog this'
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