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Xiaomi
Baidu
JD.com
Kuaishou
Foxconn
Foxconn expects robust revenue growth from AI despite US tariffs
The world’s largest contract electronics manufacturer plans to enter the US market by the end of this year, chairman Young Liu says.
4 hours ago
Robotics
Shanghai embraces embodied intelligence as it boosts policy support for robotics
29 May 2025 - 7:30PM
DeepSeek
DeepSeek’s small update to R1 AI model draws big attention
29 May 2025 - 2:30PM
5
Artificial intelligence
Mark Zuckerberg says Meta AI bot is used a billion times monthly
Use of Meta AI is growing the fastest on WhatsApp, the company says, as it competes against Google, Microsoft and OpenAI.
29 May 2025 - 1:15PM
Meta Platforms founder and CEO Mark Zuckerberg attends an AI developer conference in Menlo Park, California, last month. Photo: AP
E-commerce
PDD faces profit challenge amid Trump tariffs, domestic e-commerce competition
‘Macroeconomic uncertainties and significant investments in the ecosystem’ are expected to continue affecting PDD’s earnings outlook, UBS analysts say.
28 May 2025 - 9:00PM
Robotics
Honor enters robotics race after pledging US$10 billion AI investment
Honor’s foray into robotics comes after its CEO announced a high-profile AI initiative earlier this year called the ‘Honor Alpha plan’.
28 May 2025 - 8:00PM
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Alibaba
Alibaba’s healthcare AI model on par with senior physicians in medical exams
Benchmark data provided by Quark indicates the healthcare model outperformed DeepSeek’s R1 and V3, and OpenAI’s GPT-4o, in test accuracy.
28 May 2025 - 7:05PM
An ad for Alibaba’s Quark is displayed on a 3D screen at a shopping district in Chongqing city, China. Photo: Weibo
Artificial intelligence
Southern China’s Zhuhai backs new firm in race to be AI, robotics hub
The city also announced over US$80 million in subsidies, as local governments in China race to nurture the next DeepSeek.
28 May 2025 - 5:00PM
Electric & new energy vehicles
Tesla’s brand is losing its shine, lagging BYD and Xiaomi: UBS poll
Tesla lost favour with global customers, with 18 per cent of buyers considering it their top pick last year, down from 22 per cent, UBS says.
28 May 2025 - 4:11PM
TSMC
TSMC to open chip design centre in Munich amid Europe’s AI push
TSMC is building the US$11 billion microchip manufacturing plant through a joint venture, European Semiconductor Manufacturing Company.
28 May 2025 - 11:15AM
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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Tencent Holdings is betting on the South Korean music industry’s continued growth, as it acquires a nearly 10 per cent stake in K-pop giant SM Entertainment. Photo: Shutterstock
E-commerce
Delivery war: Alibaba vies for Meituan’s on-demand throne in China
Alibaba’s Taobao Instant Commerce service and Ele.me have surpassed 40 million daily orders within a month of launch, the company says.
27 May 2025 - 8:30PM
E-commerce
Temu-owner PDD Holdings misses quarterly revenue estimates
A prolonged property crisis in the world’s second-largest economy has cast a shadow over consumer spending.
27 May 2025 - 7:27PM
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.
29 May 2025 - 1:43PM
Xiaomi CEO Lei Jun speaks during the launch of the company’s XRing O1 chipset in Beijing on May 22. Photo: AFP
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
Robotics
Ready, set, fight: Unitree humanoid robots test skills in kickboxing competition
Unitree fielded four G1 humanoid robots in one-on-one kickboxing matches at an event held in Hangzhou, capital of eastern Zhejiang province.
28 May 2025 - 4:36PM
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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
Amap’s ride-hailing feature will initially accept users’ registered mainland, Hong Kong and Macau phone numbers. Photo: Shutterstock
Robotics
Chinese robot firms dazzle at Macau’s Beyond Expo amid AI boom
The significant presence of robotics companies underscores the intense domestic competition in the rapidly growing sector.
23 May 2025 - 7:00PM
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
Apple is panning its first pair of smart glasses for 2026, sources say. Photo: Reuters
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
Electric & new energy vehicles
Xiaomi’s YU7 SUV aims to dislodge Tesla’s bestselling Model Y from pole position
Sales of the much-anticipated vehicle, which has a driving range of 835km, will start in July at prices that have yet to be announced.
23 May 2025 - 6:42AM
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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
9
HIGHLIGHTS FROM
China Future Tech
Policy
Southern China’s Zhuhai backs new firm in race to be AI, robotics hub
28 May 2025 - 5:00PM
Business
Chinese biotech’s mega drug-licensing deals with multinationals surge
3 hours ago
Big Tech
Foxconn expects robust revenue growth from AI despite US tariffs
5 hours ago
Global Economy
As US-China tensions target tech, was Geneva deal just a flash in the pan?
5 hours ago
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5
Tech War
Nvidia ‘considering’ new AI chip for China but rules out Hopper series
29 May 2025 - 8:00PM
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