China tech

China is becoming an electric vehicle dynamo as its companies take market share from foreign rivals. (China Daily via Reuters)
Supply Chain

China takes larger slices of EV, battery, other key markets: survey

Chinese makers also go on offensive in cutting-edge materials

4 September 2023
Honor launched its latest foldable smartphone in Berlin on Sept. 1, describing it as thinner and lighter than any other on the market. (Photo courtesy of Honor) 
China tech

China's Honor unveils 'thinnest' foldable phone amid market slowdown

Smartphone maker focuses on expansion in Europe, Latin America, Asia-Pacific

1 September 2023
Employees during lunch at a Foxconn plant in Henan province, China on Jan. 6. China’s tech industry usually ramps up hiring in summer, but this year is different.
Business Spotlight

Tech suppliers in China skip seasonal hiring rush amid weak demand

Lack of usually lucrative temp work this summer also blamed on shifting supply chains

25 August 2023
British Prime Minister Rishi Sunak has called for an international conference on AI safety. (Pool photo via Reuters)
International relations

U.K. weighs inviting China to AI summit, but Japan favors G7 leadership

One proposal would include Beijing in broader ministerial talks

24 August 2023
Baidu claims its Ernie Bot artificial intelligence-powered large language model has outperformed OpenAI's ChatGPT in key metrics. 
China tech

Baidu to debut next challenger to ChatGPT by end of the year

Chinese search giant's Q2 sales beat expectations

23 August 2023
Huawei originally unveiled the HarmonyOS as an operating system for connected devices, before U.S. sanctions pushed the company to modify the OS for mobile phones.
Huawei crackdown

Huawei mobile OS Harmony falls out of tune with growth

U.S. sanctions hurt ability to release 5G phones and capture market share

23 August 2023
Alibaba recently launched a new platform on Taobao that features livestreams and other content the company hopes will draw potential shoppers. (Photo by Tomoko Wakasugi)
China tech

Alibaba returns to e-commerce roots as competition heats up

Livestreams and discounts offered on Taobao to lure young shoppers

22 August 2023
Runpeng Semiconductors, a unit of China Resources Microelectronics, raised 2.3 billion yuan to fund the Shenzhen wafer production project in February.
Caixin

China state investors to inject $1.7bn in Shenzhen wafer foundry

CR Micro's big boost comes as country bids to improve its chipmaking ability

19 August 2023
Xpeng is counting on its new G6 electric SUV, seen here at the Auto Shanghai show in April, to help boost sales and improve margins.
Electric cars in China

China EV maker Xpeng posts record quarterly loss amid slowing economy

Company bets on release of latest model and cost cutting to drive growth

19 August 2023
Lenovo's revenue for the April-June quarter dropped 24% year-on-year to $12.89 billion, while net profit dropped 66% to $176.52 million.
China tech

Lenovo pins hope on 'AI-PC' as catalyst after another poor quarter

CEO Yang Yuanqing 'cautiously optimistic' for the rest of the year

17 August 2023
A Xiaomi shop in Mumbai. The company's global market share fell to 11% in the first quarter from 13% a year earlier.
Caixin

Xiaomi joins AI model fray with upgrade to phone voice assistant

Chinese company also unveils foldable phone, pushing into the high-end market

17 August 2023
People wait for bus near a billboard of JD.com advertisement for the "618" shopping festival in Beijing.
Retail

China's JD.com beats analyst estimates with 7.6% sales rise

E-commerce giant's stock price falls on wider China economic concerns

17 August 2023
Strong online advertising helped Tencent Holdings to 11% growth in revenue for its second quarter over April to June.
Technology

Tencent aims to roll out generative AI foundation model in 2023

Chinese tech group reports lower-than-expected revenue growth

16 August 2023
Alibaba ended trading on August 11 only 1% higher despite reporting better-than-expected results for the April-June quarter.
Markets

Triple woes weigh on Alibaba, Tencent and other Chinese tech titans

Government regulations, slower economy and U.S. scaring foreign investors

14 August 2023
U.S. President Joe Biden's new executive order warns that advances in sensitive technologies by countries of concern pose "an unusual and extraordinary threat" to national security.
US-China tensions

Biden bans some U.S. tech investments in mainland China, Hong Kong

Beijing criticizes restrictions covering AI, advanced chips and quantum technology

10 August 2023
Airwallex offers a global fintech payment platform that helps businesses manage payments, treasury and expenses internationally. (Source photo by Getty and logo from Airwallex's website)
DealStreetAsia

Tencent-backed Airwallex's Singapore unit gets fresh $165m

Capital injections into subsidiaries 'support our continued growth in the market'

1 August 2023
Zhao Jian, right, introduces books in his program on WeChat Channels, while Chen Jinshun discusses tea culture in the picture on the left. (Screenshots from WeChat Channels)
China tech

Tencent video-sharing service hits 800m users, overtakes rivals

WeChat Channels churning out influencers in niche areas ranging from books to tea

30 July 2023
China's Pudu, which already sells restaurant server robots in Japan, is bringing cleaning robots to the market. (Photo by Yuta Maeda)
China tech

China's Pudu to supply cleaning robots to Japan hotels, eateries

Company known for cat-like robot waiters seeks to expand business

28 July 2023
Huawei is understood to be working with top Chinese chipmaker SMIC to put its in-house designed 5G mobile chipset into mass production in the coming months. (Source photos by Getty and AP)
Semiconductors

Huawei to restart 5G mobile chip output as early as this year

Chinese tech giant lost access to global chipmaking partners in 2020

27 July 2023
As nearly 12 million Chinese graduates leave college this summer, they face doors slamming shut on job creation by private businesses after years of Beijing's mistrust and harsh regulatory scrutiny of the sector.
Asia Insight

China's jobless graduate army falls through cracks in economy

Record youth unemployment after Beijing clampdown on private sector, FDI slump

25 July 2023
Lazada has partnered with Alibaba in logistics and other areas. (Photo by Takashi Nakano)
China tech

Alibaba pumps $845m more into Lazada in battle with Shopee, TikTok

China e-commerce group faces rising Southeast Asia competition

21 July 2023
SMIC's headquarters as seen in Shanghai. China's contract chip leader has gone through three chairmen in as many years. (Photo by Yusho Cho)
Semiconductors

Top Chinese chipmaker SMIC installs new chairman

Government insider Liu Xunfeng elevated amid domestic production push

19 July 2023
Livestreaming from the Shanghai auto show in April. (Photo by Tomoko Wakasugi)
China tech

China's new wave of 'live commerce' relying less on influencers

Apple and JD.com turn to employees and virtual hosts for e-commerce livestreams

15 July 2023
Temasek logged a one-year total shareholder return of minus 5.07% in Singapore dollar terms for the year through March, compared with a positive 5.81% annual return a year ago.
Companies

Singapore's Temasek reports $6bn loss as portfolio value shrinks

State investor says it will stay cautious amid bleak global conditions

11 July 2023
Coming to Shenzhen was once a pathway to success, but COVID-19 and overpopulation have dulled the city's promise. (Photo by Takashi Kawakami)
Economy

Shenzhen, China's 'city of young migrants,' at point of inflection

First ever population drop in 2022 as COVID-19 and new policies take toll

9 July 2023