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Tencent
Tencent raises K-pop exposure by buying BTS agency Hybe’s SM Entertainment stake
The nearly 10 per cent stake, valued at about US$180 million, would mark Tencent’s first major deal in South Korea’s music industry in years.
27 May 2025 - 8:31PM
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E-commerce
Delivery war: Alibaba vies for Meituan’s on-demand throne in China
27 May 2025 - 8:30PM
Electric & new energy vehicles
Beijing asks carmakers, trading platforms to clean up used-vehicle market
27 May 2025 - 7:30PM
Xiaomi
Xiaomi posts record earnings in first quarter amid push into EVs, chips
Revenue from Xiaomi’s smartphone and smart devices segment reached US$13.2 billion, up 22.8 per cent from the same period a year ago.
27 May 2025 - 8:02PM
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Xiaomi CEO Lei Jun speaks during the launch of Xiaomi’s new mobile phone chip in Beijing on May 22, 2025. Photo: AFP
Artificial intelligence
ByteDance upgrades Doubao AI app with real-time interactive video call function
The chatbot can now serve as a real-time interactive docent during a museum tour and an analyst when studying charts, graphs or videos.
27 May 2025 - 6:30PM
Xiaomi
Xiaomi refutes claims of using Arm-designed chip for XRing O1
Xiaomi’s first smartphone chip uses Arm’s Cortex cores, leading to speculation that it was using a customised solution from the British firm.
27 May 2025 - 5:00PM
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Semiconductors
Huawei pushes Ascend AI chip-based ‘Supernode’ architecture to developers
Huawei’s Supernode 384 computing architecture reflects the company’s efforts to overcome tightened US tech restrictions.
27 May 2025 - 8:00AM
Huawei Technologies’ Ascend chip-based, high-performance computing architecture, Supernode 384, is touted as best-suited for training next-generation artificial intelligence models. Photo: Shutterstock
E-commerce
Meituan revenue jumps 18% in first quarter
The Chinese on-demand delivery giant beat expectations, as it fends off rivals Alibaba and JD.com.
26 May 2025 - 8:41PM
Alibaba
Alibaba’s Amap offers ride-hailing function catering to China’s foreign visitors
Amap’s ride-hailing feature, available on the platform’s English version, reflects support for China’s visa-free travel scheme.
25 May 2025 - 9:00AM
Alibaba
Alibaba chairman Joe Tsai says company on a ‘good path’ after years of setbacks
Alibaba is ‘on a very good path looking forward’ as it focuses on core businesses including e-commerce, cloud computing and AI.
24 May 2025 - 9:31PM
Apple
‘Little, little screws’ one of many hurdles to US-made iPhones
Trump threatened a 25 per cent tariff on any iPhones sold, but not made, in the US, as part of his administration’s goal of reshoring jobs.
24 May 2025 - 11:07AM
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US President Donald Trump holds an iPhone after it rang while he was speaking at the White House, May 23, 2025. Photo: Reuters
Alibaba
Alibaba CEO doubles down on plans for ‘unified global cloud network’
Eddie Wu sees Alibaba Cloud providing the ‘best AI technical services’ to support Chinese enterprises’ global expansion.
23 May 2025 - 7:23PM
Electric & new energy vehicles
BYD overtakes Tesla in Europe for the first time as sales jump 169% in April
Shenzhen-based BYD sold 7,231 battery electric vehicles in April versus 7,165 by Tesla, according to data from Jato Dynamics.
23 May 2025 - 1:01PM
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Apple
Apple aims to launch smart glasses in 2026 in push into AI devices
The iPhone maker is looking to join the emerging trend of AI-powered devices – an area where it faces fresh competition.
23 May 2025 - 11:15AM
Artificial intelligence
AI hardware start-ups get fresh boost from Shenzhen’s US$1 billion funds
The Shenzhen government has launched funds of 5 billion yuan and 2 billion yuan dedicated to AI and robotics start-ups at the city’s AI expo.
23 May 2025 - 7:00AM
EngineAI showcased its first robotic dog at the Global AI Device Expo 2025 in Shenzhen. on May 22. Photo: Coco Feng
Xiaomi
Xiaomi founder flexes semiconductor prowess with ‘very strong’ XRing O1 chip
The XRing O1’s launch marked the culmination of Xiaomi’s four-year-long journey to develop an advanced chip to rival those from Apple.
22 May 2025 - 11:33PM
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E-commerce
Apple, Huawei, Xiaomi lead China’s top-500 ranking of consumer brands, report finds
The rankings were based on domestic consumers’ online purchase behaviour, according to a Peking University report.
22 May 2025 - 9:00PM
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US-China tech war
Lenovo caught off guard by tariffs even as AI PCs deliver strong annual revenue
The PC maker’s CEO said Trump’s tariffs dented performance last quarter, but its US$69.1 billion in 2024/25 revenue is among its best.
22 May 2025 - 8:13PM
Lenovo credited AI PC growth for its strong performance in the last financial year, even as tariffs dented performance in the last quarter. Photo: Reuters
Huawei
Malaysian government distances itself from AI project involving Huawei
The Malaysian AI project grabbed attention amid intensifying tech rivalry between Beijing and Washington.
22 May 2025 - 7:00PM
Artificial intelligence
OpenAI buys iPhone designer Jony Ive’s secretive hardware start-up
The ChatGPT maker wants its own hardware platform to avoid selling software through Apple iOS or Google’s Android, analysts say.
22 May 2025 - 11:00AM
Alibaba
Alibaba entertainment group gets whale of a name change with orca rebranding
Following its zoological naming scheme, Alibaba is rebranding the unit responsible for streaming and filmmaking as it looks for growth outside core businesses.
22 May 2025 - 7:00AM
Artificial intelligence
Baidu’s robotaxi service completes 11 million ride amid company growth
The tech giant has been expanding its autonomous ride-hailing service, while AI growth helped it beat profit expectations in the first quarter.
21 May 2025 - 11:58PM
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A driverless car by Apollo Go, Baidu’s robotaxi service, drives past another Apollo Go vehicle in Wuhan on July 19, 2024. Photo: Reuters
Artificial intelligence
Meet Chinese start-up Xreal, Google’s partner in AR glasses project
Project Aura provides a big boost to Xreal’s credentials in the smart glasses arena, while widening its reach in the international market.
21 May 2025 - 9:00PM
Robotics
China’s army of robot makers jostle for attention in overcrowded market
Distributors in the US are now more willing to negotiate on purchases given that tariffs have been lowered.
21 May 2025 - 8:00PM
Biomedicine: Companies
Chinese biotech firm secures Pfizer deal despite trade tensions
Pfizer will produce the drug, which targets lung and colorectal cancers, in the US and take a US$100 million stake in China’s 3SBio.
21 May 2025 - 6:00PM
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HIGHLIGHTS FROM
China Future Tech
Big Tech
AI hardware start-ups get fresh boost from Shenzhen’s US$1 billion funds
23 May 2025 - 7:00AM
Policy
Southern China’s Zhuhai backs new firm in race to be AI, robotics hub
2 hours ago
China EVs
China’s driverless mining trucks, BYD outshines Tesla in Europe: 7 EV reads
4 hours ago
China Economy
How China plans ‘new breakthroughs’ in IT manufacturing amid US tech curbs
5 hours ago
China Economy
More than a show: China’s robot fights offer ringside view of tech advancements
28 May 2025 - 9:36AM
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