China tech

No matter the business model, all housekeeping service platforms spent heavily on marketing and offered large discounts to build market share. (FeatureChina via AP Images)
Caixin

How the collapse of China's housekeeping platforms hurt workers

Hundreds of thousands unpaid after owners left with money of investors, clients

13 October 2022
TSMC shares tumbled and Naya Technology warned of weak China demand on Oct. 11, days after the U.S. unveiled new curbs on the Chinese chip sector. (Source photos by AP and screenshot from Nanya's website)  
Semiconductors

TSMC shares fall 8.3% after U.S. steps up China chip curbs

DRAM maker Nanya Tech says market 'unexpectedly terrible,' flags weak China demand

13 October 2022
 Employees work on the production line of semiconductor wafer at a factory in China. The latest round of U.S. export curbs takes aim at the heart of Beijing's chip ambitions.
Semiconductors

China's 'sea turtle' tech executives stranded by U.S. crackdown

Chinese Americans at top chipmakers snared by U.S. new export ban

11 October 2022
Sewingtech is banking on its robotics technology to help reduce manpower requirements in the apparel industry. (Photo courtesy of Tuchong)
36Kr/KrASIA

Chinese apparel robot startup secures $1.4m in angel round

Sewingtech looks to cutting-edge tech to solve labor shortage, trim costs

10 October 2022
The new rules show Washington's determination to restrict China's ability to develop cutting-edge chips that are crucial for advanced manufacturing, security and defense applications. (Source photo by AP) 
Semiconductors

U.S. intensifies assault on China chip ambitions

Strictest ever curbs on exports of advanced tools, AI chips and more

8 October 2022
A Leapmotor C11: this year's IPO deal value in Hong Kong is expected to be boosted by Thursday's listing by the Chinese electric vehicle maker.
Market Spotlight

Hong Kong IPOs suffer from business downturn and China tension

Fundraising at lowest since 2013 as lack of policy clarity hits market

26 September 2022
Li is known as the "Lipstick King" for selling 15,000 lipstick tubes in five minutes on Taobao.
Media & Entertainment

China's livestream king resurfaces after mystery disappearance

Austin Li's low-key return to Alibaba's Taobao tests government reaction

21 September 2022
The Huawei Connect event is one of the first at Bangkok's newly reopened Queen Sirikit National Convention Center, which was renovated ahead of the Asia Pacific Economic Cooperation summit in November. (Photo by Francesca Regalado)
Technology

Huawei courts Thailand, Indonesia with supply chain support

Embattled China tech champion deepens foothold in Southeast Asia

19 September 2022
Established in Beijing 10 years ago, ByteDance has become one of the world's most valuable private companies despite finding itself in the crossfire in battles over technology between the U.S. and China.
China tech

ByteDance to spend $3bn to offer exit for investors

Plan values Chinese tech group and TikTok owner at $300bn

16 September 2022
A woman takes a picture with a cosplayer at a booth of Eastward Legend: the Empyrean by Tencent Games.
Media & Entertainment

Tencent and NetEase allowed to issue new games after 14-month freeze

Beijing gives nod to licenses as it gradually loosens crackdown on tech sector

14 September 2022
Stream article image
#techAsia

Nidec's hunt for a successor starts over and Tencent turns seller

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

8 September 2022
BYD has its sights on quickly expanding abroad after speeding past Tesla and other rivals in China.
Automobiles

BYD to build 150,000 cars a year in Thailand

China's top EV maker takes on Great Wall Motor and SAIC in ASEAN market

8 September 2022
Youth-focused XTC started selling smartwatches in 2015, with most now costing between $86 and $288. (Photo by Takashi Kawakami)
China tech

China's market for children's smartwatches doubles in 4 years

Kids go crazy for them, but government worried they could hinder learning

6 September 2022
Apple supplier Foxconn's assembly lines have ground to a halt under restrictions to stop the spread of the coronavirus in Shenzhen. (Photo by Takashi Kawakami)
Coronavirus

China tech hub Shenzhen closes off parts of city for 2 days

Foxconn smartphone factory located in one of affected districts

3 September 2022
Pinduoduo's shopping platform Temu went live for U.S. users on Sept. 1. (Screenshot from Temu website)
China tech

China's Pinduoduo launches U.S. e-commerce site in first foreign push

Tencent-backed platform is up against Amazon and Shein for slice of massive market

2 September 2022
An employee of a semiconductor factory in Binzhou, China on Jan. 9: An effort to further restrict Beijing's access to American chipmaking technologies looks likely to backfire.
Opinion

U.S. controls on China chip tech will crack if tightened too far

Efforts to restrict access to older equipment could fracture fragile alliance

1 September 2022
Baidu's Beijing headquarters. The stock will be added to the Hong Kong benchmark Hang Seng index next month.
China tech

Baidu Q2 results narrowly beat expectations as cloud business grows

Nasdaq-listed Chinese tech group sees 'no hurdles' to converting to primary listing in Hong Kong

31 August 2022
Robert Li, a vice president at Synopsys, speaks with reporters in Ho Chi Minh City, where the chip software company is rebalancing operations amid a China-U.S. tech war. (Photo by Lien Hoang)
Semiconductors

U.S. chip tool maker Synopsys expands in Vietnam amid China tech war

Design software company to train engineers as U.S. expands export ban

26 August 2022
Lenovo is battling U.S. rivals Dell and Hewlett Packard Enterprise in the global market for data center hardware. "We sell to eight of the top 10 public clouds in the world," Executive Vice President Kirk Skaugen says. (Source photo by Reuters and Lenovo)
China tech

Lenovo's new goal: Be No. 1 in servers and storage

Dominant PC maker also strives to be world's top data center vendor

26 August 2022
The buyback indicates to some that China's tech giant does not have a better way to generate funds in the near term.
China tech

Tencent's most aggressive share buyback sends mixed message

Skeptics say move shows company has no better way to generate returns

25 August 2022
Wingtech has a massive manufacturing campus near Kunming in China's Yunnan Province. (Photo by Shunsuke Tabeta)
China tech

China's Wingtech aims to shake up Apple's supply chain

An inside look at the company's massive production campus in Yunnan Province

25 August 2022
Masayoshi Son, right, and Jack Ma at a news conference in Maihama, Japan in June 2020: Alibaba is the "only representative mega-win investment" in SoftBank's portfolio, in the view of one analyst. 
Opinion

SoftBank suffers as Son's bets on China tech backfire

Losses force Vision Fund founder into role as typical apologetic Japanese CEO

24 August 2022
Shenzhen-based Tencent's net profit has declined for several quarters. 
China tech

Tencent suffers 1st revenue drop since IPO, denies Meituan share sale report

Chinese gaming company takes hit from downturn in domestic economy

17 August 2022
Chongqing Changan Automobile is one of the factories suspending production until Aug. 24 to comply with government orders.
Supply Chain

Chongqing orders factories to shut to save power during heat wave

Surge in electricity demand forces Chinese city to rein in usage

17 August 2022
A Missfresh hub in Shanghai in June 2021. The option for same-day delivery was one of the platform's distinguishing features.
China tech

China's online grocers fight for survival in overcrowded market

Alibaba unit rises above price wars and labor shortage while Missfresh falls

17 August 2022