TechNode

AUGUST 22, 2023

In the first quarter of 2023, China dominated the global market for new energy light vehicles with sales reaching 1.33 In the first quarter, global sales of new energy light vehicles reached 2.67 million units, with China accounting for 49.4% of the global total. million units, with China accounting for 49.4%

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TechNode

FEBRUARY 12, 2025

General Motors joint venture with Chinas SAIC said on Tuesday it has become the first among its peers that will deeply integrate DeepSeeks artificial intelligence models with its information and entertainment in-car systems, hoping to provide its owners with more human-like and proactive services.

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TechNode

MARCH 11, 2024

On March 10, Sony China refuted recent rumors that its new smartphones may cease sales in China, affirming the stability of all its operations in the country, including its smartphone business. Global Times, in Chinese ]

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TechNode

APRIL 30, 2024

China’s Ministry of Commerce has expressed serious concerns in response to the Japanese government’s announcement of plans to implement export controls on semiconductors and related items, in an answer to a journalist’s inquiry on the governmental departments website. China’s Ministry of Commerce, in Chinese ]

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TechNode

NOVEMBER 6, 2024

Since ASML’s first lithography machine entered China in 1988, we have been in the Chinese market for over 30 years. Under the regulations and laws, we remain committed to conducting business in China, ASML said on Tuesday, the opening day of the 7th China International Import Expo. Guancha, in Chinese ]

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TechNode

DECEMBER 10, 2024

Starbucks China has appointed Tony Yang as its first-ever Chief Growth Officer (CGO), Chinese tech media LatePost reported yesterday. Yangs move to the coffee giant comes as part of broader leadership changes at Starbucks China, following the appointment of Brian Niccol as global CEO in August 2024. LatePost, in Chinese ]

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TechNode

AUGUST 25, 2024

Hergenrother said the company has made the difficult decision to shift its infrastructure business, which has declined in recent years in China, to other countries closer to customers based on market opportunities. Last Friday, IBM closed the intranet access rights of its China R&D staff. Jiemian, in Chinese ]

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TechNode

NOVEMBER 20, 2024

Amazon Global Store officially launched its flagship store on JD.com on Nov. The launch coincides with the Amazon Global Store Black Friday Shopping Festival, which will go live on JD.com starting Nov. Amazon first entered China in 2004 by acquiring Joyo.com, a books and media retailer. in January 2024.

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TechCrunch

FEBRUARY 23, 2021

A farmer adds food waste — gathered from nearby factories or from the farm — into a hopper to feed the larvae of black soldier flies. Two weeks later, the insects are fed directly to the chickens as an alternative to the soy feed they normally get. Its X1 insect mini-farm is dropped on site.

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TechNode

JULY 22, 2024

Volkswagen and Xpeng Motors on Monday announced moves that will expand their partnership to develop a highly modern electrical/electronic architecture not only for VWs locally focused electric vehicle platform, the China Main Platform (CMP), but also for the global Modular Electric Drive Matrix (MEB) platform.

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TechNode

JULY 8, 2024

By 2028, China will have fewer than ten foundational large-scale models, ideally just five, he claimed at the forum. Currently, numerous enterprises worldwide are developing their own AI large-scale models, with over 100 models in the Chinese market alone. Icsmart, in Chinese ]

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TechNode

DECEMBER 5, 2024

To address the increasing tech tension between China and the US, the companies are discussing expanding their Singapore subsidiary to diversify chip production, said Andy Micallef, NXP’s Executive Vice President. In 2023, the global automotive semiconductor market reached $69.2 Guancha, in Chinese ]

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TechNode

OCTOBER 22, 2023

On October 20, China announced new export restrictions on graphite, a crucial material in electric vehicle batteries, in response to US limitations on tech-related sales to Chinese companies. China was the worlds leading graphite producer last year, accounting for an estimated 65% of global production, according to the US Geological Survey.

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TechNode

JULY 8, 2024

Electric vehicle maker Polestars China division is reportedly set to undergo its first major layoff with plans to reduce its workforce by about 30% by the end of September. The news comes just months after the Swedish company announced it was looking to reduce about 15% of its workforce globally in January. FEAutoCar, in Chinese ]

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TechNode

FEBRUARY 17, 2024

17, China Eastern Airlines’ C919 aircraft arrived at Singapore Changi Airport after a nearly 6-hour, approximately 4,200-kilometer non-stop flight, according to state-owned media outlet CCTV News. The aircraft was developed by the Commercial Aircraft Corporation of China and is set to participate in the Singapore Airshow 2024 from Feb.

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TechNode

DECEMBER 18, 2024

The Chinese electric vehicle giant will initially open 15 showrooms across the country, partnering with six dealers, including DT Networks, a partner of BMW Korea, and Chinas Harmony Automobile, a Hong Kong-based dealership group, according to the report. Chinas largest EV maker expects sales to grow by 40% to 4.25

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TechCrunch

APRIL 7, 2021

The Indian social network said it has raised $502 million in a new financing round — Series E — led by Tiger Global that valued ShareChat at $2.1 ShareChat said on Thursday it has raised a new financing round that values it at over $2 billion, joining four other local startups in attaining the unicorn status this week.

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TechNode

OCTOBER 9, 2023

China aims to boost the countrys computing power, used to measure computer speed, by more than 50% by 2025. This comes as competition intensifies in high-tech sectors, especially artificial intelligence, between China and the US. from 180 EFLOPS in 2022 to this June. MIIT, in Chinese ]

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TechNode

AUGUST 18, 2024

BYD is aggressively expanding its global production footprint as the Chinese EV giant announced on Aug. 17 that it will open a car manufacturing plant in Pakistan. The new plant will be located in Karachi, the countrys largest city, and begin operations in 2026.

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TechNode

SEPTEMBER 9, 2024

The Netherlands announced an expansion of export controls on chip-making machines last Friday, prompting China’s Ministry of Commerce to express dissatisfaction with the move. Chinas Ministry of Commerce, in Chinese ]

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TechNode

DECEMBER 25, 2024

China’s National Press and Publication Administration (NPPA) granted licenses to 122 domestic games and 13 imported games on Tuesday, including notable titles such as NetEase’s ANANTA and Tencent’s Monster Hunter: Outlanders. ANANTA, an urban open-world role-playing game developed by NetEase, has over 8.43

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TechNode

APRIL 28, 2024

The amount, which brings BMWs total investment in its largest manufacturing hub to RMB 105 billion, represents an acceleration of the companys efforts to prepare for greater EV demand in China, where domestic manufacturers continue to capture market share from their global rivals.

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TechNode

JULY 12, 2024

Xiaohongshu, a Chinese social platform that is increasingly seen as a real-time search engine favored by younger generations, has received financial injections from venture capital firm DST Global in a recent sale of existing shares to current and new investors.

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TechNode

SEPTEMBER 29, 2024

General Motors has fired off its latest salvo in a renewed price war in China with the launch on Saturday of its all-new Cadillac XT5 sports utility vehicle with a special limited-time offer ranging from RMB 265,900 to RMB 335,900 ($37,917-$47,899). This represents a 27%-33.5% Volkswagen on Sept.

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TechNode

JANUARY 16, 2024

SK Hynix intends to upgrade its dynamic random-access memory (DRAM) production equipment to the fourth-generation 10nm class chip process at its plant in Wuxi, China, this year. Global Times, in Chinese ] Correction: an earlier version of this article misidentified the 10nm class chip process as the 10nm chip process.

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TechNode

NOVEMBER 14, 2024

Nissan said on Tuesday one of its two Chinese ventures will collaborate with Huawei to develop software for the digital cockpit infotainment systems of its China-made vehicles that will launch next year. of its global workforces, while reducing manufacturing capacity worldwide by 20%, partly due to a sales slump in China and the US.

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TechNode

SEPTEMBER 14, 2023

Sources close to Apple have denied that the iPhone 15 series manufactured in China is intended solely for the European and American markets while the India-made iPhone 15 lineup is exclusively for the Chinese market, according to a September 13 report by China Daily. China Daily ]

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TechNode

NOVEMBER 11, 2024

Kathy Lee, Google Cloud’s President for Greater China, is reportedly preparing to step down, with Bin Shen, former Vice President and Head of Consumer and Device Sales for Microsoft Greater China, expected to take her place. Since 2022, he has served as Vice President of Global Partner Solutions at Microsoft.

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TechNode

NOVEMBER 7, 2023

The joint venture between Jaguar Land Rover and Chinas Chery Automobile laid off about 15-20% of its staff from functions including manufacturing, engineering, and logistics, making it the latest global automaker to reduce its workforce amid growing competition in China.

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TechNode

NOVEMBER 7, 2024

The People’s Bank of China recently launched a digital yuan visual hard wallet at the 18th Shenzhen International Financial Expo. The wallet is aimed at seniors, students, and foreign visitors in China, with the PBOC hoping that it will expand accessibility to the digital currency. Global Times , IThome, in Chinese ]

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TechNode

FEBRUARY 3, 2024

Chinese automakers saw their share of the global electric vehicle market rise to 68.2% The numbers were published by Cui Dongshu, secretary general of the China Passenger Car Association (CPCA), on his WeChat account on Saturday. Cui Dongshu, China Passenger Car Association, in Chinese ]

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TechNode

DECEMBER 9, 2024

Toyotas car sales increased 7% year-over-year to roughly 176,000 units in China in November, following nine straight months of decline, marking a rare recovery for the Japanese auto giant. The rebound was buoyed by Beijings trade-in subsidies and the companys new product launches. in November compared to a year earlier.

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TechNode

MARCH 12, 2024

The global patent application rankings from the World Intellectual Property Organization (WIPO) recently revealed 272,600 worldwide PCT (Patent Cooperation Treaty) patent applications in 2023, reflecting a 1.8% decrease from the previous year. Japan (48,879), South Korea (22,288), and Germany (16,916) ranked third to fifth, respectively.

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TechNode

APRIL 19, 2024

Chinas Ant Group, Baidu, iFlytek, and Tencent joined US AI firms including OpenAI and Meta in working on two global GenAI and LLM-focused standards which were published by the United Nations on Tuesday. Ant Group, in Chinese ]

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TechNode

SEPTEMBER 11, 2023

of the global top 100 mobile game publishers, as reported by the analyst firm SensorTower. MapleStory: The Legends of Maple was launched in China on August 17, becoming the only new game among the top ten mobile games in terms of Chinas iOS App Store revenue in August. billion, accounting for 39.3% SensorTower, in Chinese ]

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TechNode

JANUARY 22, 2024

Chinas top research institution is pushing the industrialization of solid-state batteries with a new task force, said Miao Wei, a former Minister of Industry and Information Technology (MIIT) and a core member of Chinese Peoples Political Consultative Conference (CPPCC), a political advisory body. Xinhua News Agency, in Chinese ]

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TechNode

AUGUST 11, 2023

HoYoverse’s latest hit game, “Honkai: Star Rail,” has amassed a global revenue of $500 million (excluding PC terminals and China’s Android data), as reported by the intelligence firm Sensor Tower.

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