Overview

• Romoss Technology suspended production for six months, closed its online stores and furloughed most of its 690 employees starting July 1.
• The Shenzhen firm recalled nearly 490,000 power banks made between June 2023 and July 2024 after metal debris was found in battery cells.
• Combined with rival Anker’s actions, recalls have surpassed 1.2 million units as manufacturers respond to overheating and fire risks.
• China’s Civil Aviation Administration has barred non-3C-certified or recalled power banks from domestic flights.
• Industry analysts say aggressive price declines have halved average power bank prices, forcing some suppliers to cut corners on key components.