Global and China Rechargeable Lithium Battery Business Report, 2009-2010

There are only ten rechargeable lithium battery cell manufacturers all over the world. A large proportion of Japanese manufacturers are engaged in the production of laptop battery cells, while South Korean and Chinese manufacturers mainly focus on producing battery cells for cell phone and other portable electronic appliances, the unit prices of which are far lower than laptop battery cell’s.

Shipment ; Income of World’s Major Lithium Secondary Battery Manufacturers, 2009-2010
The rechargeable lithium battery industry chain is long and extensive. The four major raw materials for rechargeable lithium battery by cost attribution are anode material, separator, electrolyte and cathode material. Non-power rechargeable lithium battery batteries usually adopt LiCo2O4 as anode material. However, the anode material of motive lithium battery is categorized into LiMn2O4 and LiFePO4. Japanese manufacturers mainly specialize in LiMn2O4, and have successively issued several electric cars with LiMn2O4 battery. Now, the frequent auto recalls make auto manufacturers behave extremely cautious that they won’t have a test for LiFePO4 battery manufacturers. At present, the major anode material manufacturers are from Japan and Europe. In 2010, thanks to the sharp demand from South Korea’s LG Chemical and Samsung SDI, Umicore surpassed Japan’s Nichia to become the world’s largest rechargeable lithium battery anode material company, with over 30% market shares. However, the rechargeable lithium battery anode material only accounted for less than 10% of Umicore’s income. Nichia, the world’s biggest LED manufacturer, also the world’s largest rechargeable lithium battery anode manufacturer by 2010, holds more than 20% market shares. BYD, a large electric vehicle manufacturer of China, purchases LiFePO4 batteries from Tianjin STL Energy Technology Co., Ltd. Now, only Japan’s rechargeable lithium battery manufacturers are capable of producing anode materials by themselves. Subordinated to Samsung Group, Chiel Industries is the world’s largest manufacturer of rechargeable lithium battery electrolyte as well as the largest clothing enterprise in South Korea. ; ;Compared with the rechargeable lithium battery upstream manufacturers in China, almost all of the overseas manufacturers are super-big plants with the annual revenue usually surpassing US$1 billion. Rechargeable lithium battery hybrid vehicles or electric vehicles are slowly promoted, while the upstream rechargeable lithium battery industry in China has been confronted with overcapacity.

Myth and Truth About China Design Industry

In China, the pharmaceutical market is certainly one of the main sectors in their economy.

Pharmaceutical and Medical Job Opportunities in China

Designers in the U.S. are afraid of losing their jobs to China with a 8:1 pricing difference; whereas China corporations are also worried that the competitive quality of foreign imported products into China are going to wipe out its internal brands.

Are you worried as a designer in the U.S. that design jobs will migrate to China?

First lets clear out the common myth about design environment in China.

Myth 1: China’s market is in Beijing ; Shanghai. Truth: Business success in China predominantly comes from building successful relationships and trust.

Survival kit for foreign Designers in China:

Learn PuTongHua Do not assume that English is the international business language in China. If you are in the food chain where you need to travel to China to either oversee manufacturing in China or design for the China market, it is a good idea to learn the Chinese national language: PuTongHua. Be there and see China for yourself. The media could very well tint your perception of China, and the China experience could be way beyond your expectations. It is linked with China since around the year 2000. China Design Now will include case studies of influential individuals, companies and organizations that have played an important role in shaping aspirations in today’s China. This exhibition captures an extraordinary moment in Chinese design and the rise of China’s consumer society.

China Design Now, will be the first in the UK to explore the recent explosion of new design in China and the first to attempt to understand the impact of rapid economic development on architecture and design in China’s major cities.

UGG Factory In China

From 1994 to 2005, one Dollar was equivalent to approximately 8.30 Yuan. Currently, the Yuan traded at 6.5 to one Dollar. At a 40% undervaluation, the Yuan should be trading in a “Flexible Exchange Rate” system close to 4 Yuan to a Dollar.

China’s economic growth story has been remarkable. This growth has primarily been driven by China’s exports and specifically its exports to the US. In 1994, the US trade deficit with China was $29.5 billion.

For instance, an US importer can exchange one hundred Dollars for 650 Yuan ($100 * 6.50) worth of goods at today’s fixed exchange rate. Now let’s assume the Chinese government allows the exchange rate to appreciate to its market equilibrium of 4 Yuan to a Dollar (assuming a 40% undervaluation).

In a nutshell, China sells its currency (Yuan) and buys US Dollars. This creates an excess supply of dollars, which in a flexible exchange rate system would have reduced the value of the Dollar relative to Yuan or in other words increase the value of the Yuan relative to the Dollar. Chinese exporters are mandated to clear their Dollar cash holdings through the Chinese Central Bank. Reducing the supply of the Dollars by mopping up the excess surplus of Dollars allows China to undervalue the Yuan relative to its true market equilibrium.

What are the consequences of the Fixed Exchange Rate for China and USA?

China

GDP growth solely reliant on exports of goods

FX reserve risk – as the value of the dollar depreciates, China’s Dollar denominated reserves is worth less. China has lost 271 billion Dollars due to Dollar depreciation from 2003 – 2010.

China’s demand for US debt has led to extremely low borrowing costs for the US government. Huge trade deficit

Lower demand for US exports – US exports have lower demand in China due to weaker Yuan. A stronger Yuan would allow the Chinese consumer to buy more US goods. A gradual appreciation of the Yuan / Dollar exchange rate to the market determined equilibrium. This will result in Chinese exports becoming more expensive to US consumers (lower demand) and US exports becoming cheaper for Chinese consumers (higher demand).

China: Currency Manipulation and Trade Implications

U.G.G. factory store