This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Tesla has stopped issuing a software update that was set to give customers in China a one-month free trial of its RMB 64,000 ($8,816) Full Self-Driving (FSD) assisted driving system, Chinese blogger Shawn said on March 23 on microblogging platform Weibo. IT Home , in Chinese]
Microsoft China denied it would cease operations in the country, after a screenshot of an internal email from Wicresoft, a Microsoft outsourcing partner, fueled speculation about a potential exit. The reported shutdown involves the China-based Microsoft project team under Wicresoft, rather than Microsoft China itself.
Chinese companies are upping orders of NVIDIAs H20 AI chip as demand booms for DeepSeeks low-cost AI models, according to an exclusive report from Reuters. Cloud service providers in particular, including Tencent, Alibaba, and ByteDance, are significantly increasing their orders of the H20 chip, sources said. Reuters ]
BMW and Huawei said on Monday that starting 2026, BMWs newest electric cars in China will be compatible with the latters HiCar, which would allow many of its owners to connect their Huawei smartphones to their cars infotainment system to access various phone apps. to approximately 714,500 units in China last year.
trillion ($160 billion) to overtake that of CATL in mainland China for the first time in seven years, hours before the launch of its newest generation of electric vehicle platform, considered a major breakthrough for EV charging. TechNode reporting, Reuters , Wallstreetcn , in Chinese] On Monday, BYDs market value rose past RMB 1.16
Xpeng Aeroht, a subsidiary of the automaker, submitted an airworthiness certificate application last March to the Civil Aviation Administration of China for its modular flying car, the Land Aircraft Carrier, which has a flight range of less than 30 kilometers (19 miles). TechNode reporting, [link] , in Chinese]
Porsche said Tuesday it is undergoing a major restructuring in China to improve operating expense efficiency and remain agile in a highly competitive industry, following reports that it would cut about 30% of its workforce in the country. TechNode reporting , The Paper, in Chinese ]
Must-Read: Millennial Impact Report. Must-Read: Diversity in Giving Report. 1 in 3 use WeChat Pay in China. Live Reporting Using Social Media. Since the release of Facebook Live , Facebook video exposure has increased 360% across everyone’s news feed. 2017 Global Trends in Giving Report.
Chinas state broadcaster, China Central Television (CCTV), has taken a small stake in iQIYI as the video-streaming platform grapples with declining revenue. is majority-owned by China Media Group, the state entity that oversees CCTV. The company reported a 14% drop in fourth-quarter revenue to RMB 6.61 million ($8.1
Chinese electric vehicle maker BYD is going on a big hiring spree with plans to hire 20,000 new workers in the countrys central city of Zhengzhou during the first quarter of this year, state broadcaster CGTN reported on Friday. Reuters , CGTN, TechNode reporting]
One of the biggest dealers for Audi in China has decided to part ways with the German luxury carmaker and changed course to sell electric vehicles enabled by Huaweis in-car technologies, the latest example of global automakers scaling back in the hotly competitive market. New car sales of Audi in China declined 8.5%
Chery, Chinas third biggest private automaker by shipment last year, in 2022 announced a strategic funding agreement for Horizon, with the first sedan under its premium EV marque Exeed powered by the latters Journey 3 computing solution. TechNode reporting ]
TechNode reporting , Denza announcement ] The Denza N9 has a driving range of 1,302 kilometers (809 miles) on a full tank and full charge and has a price range of between RMB 389,800 and RMB 449,800 ($53,715-$61,982).
In meetings with the management and human resources representatives on Thursday, Jiyue chief operating officer Luo Gang gave employees affected by the job cuts more details about the exit process, according to multiple local media reports. TechNode reporting , Caixin , in Chinese] On Dec. TechNode reporting , Caixin , in Chinese]
Apple is in negotiations with leading mobile service provider China Mobile to launch its Apple TV+ streaming service in China, according to an exclusive report by US media outlet The Information. If negotiations succeed, Apple TV+ will be the only US streaming service available in China. The Information ]
MoE models, also used by Google and Chinas DeepSeek, have gained traction amid surging corporate AI investments. The fintech giant used semiconductors from Alibaba and Huawei, along with a machine learning method called mixture of experts, or MoE, which splits tasks into specialized subsets for efficiency.
Toyota maintained its title as the worlds largest automaker in 2024, reporting sales of more than 10.8 million cars, but its sales in China felll by 6.9% to approximately 1.8 million units due to competition from Chinese rivals, according to its earnings release. Reuters , Caixin , 36Kr , in Chinese]
Nokia has laid off around 2,000 employees, about 20% of its workforce in China, and plans to cut another 350 jobs across Europe to reduce costs, Reuters sources say. A Nokia spokesperson confirmed the European layoffs but did not comment on those in China. As of December 2023, Nokia had 10,400 employees in China and 37,400 in Europe.
Nvidia’s latest AI chip for the China market has faced a sluggish start, with oversupply leading to prices lower than a competing chip from Huawei, Reuters reported. Nvidia, a leader in AI chips, launched three China-specific chips late last year following USexport restrictions on its most advanced semiconductors.[
Teslas senior vice president, Tom Zhu, a longtime head of its China operations and once deemed as the top internal candidate to replace chief executive Elon Musk, is to reprise the position as the vice president of Greater China he held until last August. TechNode reporting, IT Home, in Chinese ]
Chinas Leapmotor said on April 10 it will refund subscription fees of its assisted driving software to all of its customers who had paid RMB 588 ($81) for the technology on an annual basis, becoming the first automaker using the approach to attract customers. TechNode reporting ]
Tesla is looking to meet regulatory registration requirements for its Full Self-Driving (FSD) software in China and begin testing the latest version of it on Chinese public roads, Reuters reported on Thursday, citing people with knowledge of the matter. Reuters ]
China and the European Commission are nearing agreement on additional duties imposed on Chinese electric vehicle imports into the continent, Bernd Lange, chairman of the European Parliaments trade committee said in a recent interview with a German broadcaster, Reuters reported on Nov.
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 company sold fewer than 1,000 cars during the first four months of this year in China, the worlds biggest auto market. FEAutoCar, in Chinese ]
Sources say several billion dollars worth of the chips had already been shipped to China before the supply disruption caused by the April sanctions. Additionally, Huawei is reportedly capable of producing at least 750,000 Ascend A10C AI chips, helping China amass a significant chip stockpile ahead of full US sanctions.
Mercedes Benz is making new cost-cutting efforts in China, including redesigning its performance evaluation system for local employees and cutting production lines in the hope of reviving sales and better competing with rivals like BYD and Tesla, sources told 36Kr on Monday. 36Kr , in Chinese]
Porsche has begun hiring new engineers for its research and development team in China, aiming to strengthen software development for “digital cockpit” infotainment systems and advanced driver assistance systems (ADAS), sources told 36Kr on Oct. 36Kr, in Chinese ]
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. Industry insiders report that Google Cloud has set a revenue target of $1.2
Tesla is planning to introduce at least two redesigned Model Y sports utility vehicles in China next year, including a seven-seater, in what is set to be a significant revamp of its hugely popular crossover especially for the Chinese market, LatePost reported on Thursday. LatePost, in Chinese ]
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 ]
The US Postal Service (USPS) announced today on its official website that it will resume accepting all international mail and packages from China. The announcement states, “Effective February 5, 2025, the Postal Service will continue accepting all international inbound mail and packages from China and Hong Kong Posts.
A senior executive at Lotus Technology, the electric vehicle arm of British sports car brand Lotus, apologized Tuesday for the companys failure to fully inform customers about a significant price cut across its lineup, making it the latest automaker to adopt aggressive pricing in China. TechNode reporting , Jiemian, in Chinese]
Though he did not directly mention China, Apples second-largest market, Federighi did note that in some regions of the world, there are regulations that need to be worked through, and that Apple has started the relevant procedures.
Last month, the BIS introduced new export control regulations under the Export Administration Regulations (EAR), requiring semiconductor manufacturers and OSAT providers to conduct enhanced due diligence on chips using 16nm/14nm nodes or more advanced process nodes.
Apple is reportedly in talks with Tencent and ByteDance to incorporate their AI models into iPhones sold in China, Reuters reported today. Sources indicate that Apples discussions with Tencent and ByteDance are part of its broader effort to adapt products to local regulations and user preferences in China. Reuters ]
Baidu said its robotaxis had delivered 8 million rides in China as of November 2024, with the service available to users across 11 cities in the country. Wall Street Journal, TechNode reporting] It currently operates a fleet of more than 400 robotaxis in the central Chinese city of Wuhan.
The governments of several major cities in Chinas affluent Guangdong province announced on Dec. The news comes just one week after the US National Highway Traffic Safety Administration proposed new rules that would allow companies to sell and commercialize driverless cars in a less time-consuming way, Reuters reported.
million) and its China chief Tom Zhu as the legal representative in Beijing on July 30. The new company, called Tesla Insurance Brokerage (China) Co., Tesla is making a renewed push into the Chinese insurance market with the establishment of a wholly-owned subsidiary with a registered capital of RMB 50 million ($6.92
Tesla China handed over 86,697 Shanghai-made vehicles to customers in August, representing a 17% growth from a month earlier and marking the brands second highest monthly sales this year, data from industry body China Passenger Car Association showed on Monday. TechNode reporting , China Passenger Car Association, in Chinese ]
The State Administration for Market Regulation (SAMR) of China announced Monday that it has launched an investigation into NVIDIA, suspecting the American chipmaker of violating Chinas antitrust laws during its acquisition of Mellanox Technologies. TechNode reporting, SAMRs announcement, in Chinese ]
Air China announced on Friday that it has signed an agreement with Commercial Aircraft Corporation of China (COMAC) to purchase 100 C919 aircraft. The actual transaction price of the deal was lower than the catalog prices, as COMAC offered Air China a significant discount after negotiations, local media outlet IThome reported.
As of November, a total of 224 models had their prices slashed by automakers this year in China, compared with 150 and 95 models for the full years of 2023 and 2022, respectively, said Cui Dongshu, secretary-general of the China Passenger Car Association (CPCA). TechNode reporting , Cui Dongshu, in Chinese ]
Tesla on Thursday unveiled plans to introduce its Full Self-Driving (FSD) advanced driver assistance system in China and Europe in the first quarter of 2025, a move expected to foster competition and drive consumer demand, according to analysts from Chinas Citic Securities. TechNode reporting , Tesla statement ]
Lilium, a German aviation firm backed by Chinese tech giant Tencent, said on Monday it has established its regional headquarters in Chinas southern city of Shenzhen as part of a collaboration agreement with the government of the citys Baoan district. Lilium release , TechNode reporting ]
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content