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Wednesday 19 March 2025
Huawei's HarmonyOS PCs set to launch in 2025, rumors of Windows exit intensify
Industry insiders suggest that since Huawei was placed on the US Entity List in 2019, the company has faced continuous challenges in obtaining related technologies. The license for...
Wednesday 19 March 2025
Xiaomi's EV launch drives 49% revenue growth, raises 2025 production target
Xiaomi's fourth-quarter financial surge, boasting a 49% revenue jump and a 90% net income rise, was significantly propelled by its successful EV launch. The SU7 exceeded delivery...
Wednesday 19 March 2025
CATL joins forces with NIO to supercharge China's EV battery-swapping network
CATL, the world's largest electric vehicle (EV) battery manufacturer, has agreed to invest up to CNY2.5 billion (approx. US$345.5 million) in collaboration with NIO to expand China's...
Tuesday 18 March 2025
BYD unveils EV battery system that charges in five minutes
BYD unveiled a new system for electric cars that the Chinese automaker says will allow them to charge almost as fast as it takes a regular car to refuel.
Tuesday 18 March 2025
Mitsubishi Electric to see sharp growth for defense business
Mitsubishi Electric expects revenue from its defense system business to soar to at least JPY600 billion (approx. US$4.03 billion) in fiscal 2031, with its operating profit to more...
Tuesday 18 March 2025
Buima turns to green energy, cost reduction in transition efforts
Construction material maker Buima saw its gross margin reach 14.56% in 2024, boosted by solid shipments of battery module products and a marked increase in exports of metal construction...
Tuesday 18 March 2025
Tesla offers free one-month FSD trial in China amid market woes
With competitive pressure increasing in the Chinese market, compounded by various unfavorable factors globally, Tesla China announced on March 17 that it will offer a one-month free...
Tuesday 18 March 2025
Samsung's 1.4nm process development reportedly at standstill
Recent media reports suggest that Samsung Electronics' ambitious initiative to develop the 1.4-nanometer (SF1.4) process is facing significant challenges. This development could once...
Tuesday 18 March 2025
Japan government divest from JDI
INCJ, a public-private partnership overseen by the Japanese Ministry of Economy, Trade and Industry (METI), has disclosed that it has sold all its shareholding in Japan Display (JDI)...
Tuesday 18 March 2025
Demand for Chinese autonomous vehicle brands rises, fueling supply chain growth momentum
According to the China Association of Automobile Manufacturers, China's automobile export volume reached 5.859 million units in 2024, representing a year-over-year increase of 19.3%...
Tuesday 18 March 2025
With Samsung at make-or-break moment, chairman Lee Jae-yong issues blunt warning to top executives
Samsung Electronics Chairman Lee Jae-yong has reportedly issued a blunt warning to top executives, acknowledging that the company is at a make-or-break moment. In a pre-recorded video...
Tuesday 18 March 2025
Samsung races to close 2nm gap: first High-NA EUV deployed at Hwaseong
Samsung Electronics reportedly deployed its first high-NA Extreme Ultraviolet (EUV) lithography machine at its Hwaseong Campus in early March. The move represents a key step in Samsung's...
Tuesday 18 March 2025
Samsung SDI to raise US$1.38 billion for Hungarian plant expansion and solid-state battery investment
Samsung SDI, a subsidiary of Samsung Electronics, has announced plans to conduct a paid capital increase of KRW2 trillion (US$1.38 billion) to expand its Hungarian factory and invest...
Tuesday 18 March 2025
Tencent ramps up Nvidia H20 orders as DeepSeek's breakout spurs AI arms race
Tencent Holdings Ltd. has reportedly ordered tens of billions of yuan worth of Nvidia H20 AI chips to support its expansion into large-scale AI applications. Caijing Magazine reports...
Tuesday 18 March 2025
Baidu Ernie X1 undercut DeepSeek R1 with lower cost and matching performance
Baidu has introduced two new AI models, ERNIE 4.5 and ERNIE X1. Ahead of the originally scheduled April 1 release date, they have been made available to the public through the ERNIE...