Remove China Remove Industry Remove Marketing
article thumbnail

Tesla Competitor Reveals Electric Car That Can Charge in Five Minutes

Futurism

Since announcing the Han L, BYD's market value has skyrocketed. In just one day, BYD's valuation surpassed Ford, General Motors, and Volkswagen combined a first for the company, and a major boon for the Chinese automotive industry. Despite tariffs and trade war escalations, China's global slice of the EV pie is steadily growing.

article thumbnail

RTX 5090 cards selling for $5,000 on China's black market as DeepSeek AI models drive demand

TechSpot

DeepSeek's industry-disrupting R1 models can efficiently run on consumer GPUs, rather than expensive AI accelerators such as the H20. As reported by The Information (paywalled article), the situation has led to demand for the China-specific RTX 5090D reaching a point where the cards are being sold on the black market.

China 92
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

EV maker BYD launches new, ultrafast charging system

Fast Company Tech

China’s energy and auto giant BYD has announced an ultrafast EV charging system that it says is nearly as quick as a fill up at the pumps. It plans to build more than 4,000 of the new charging stations across China. BYD’s news appeared to give Tesla a jolt on Monday, as the U.S. BYD reported it made just over 4.3

System 80
article thumbnail

China: The future memory powerhouse?

TechNode

For a while now, the industry has wondered as to when Chinese manufacturers will become serious players in the global memory industry, especially DRAM. While still small at 5%, Chinas share of the global memory chip market is growing, and market leaders SK Hynix, Samsung, and Micron should be worried.

China 85
article thumbnail

Porsche China to cut jobs amid reorganization efforts

TechNode

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.

China 97
article thumbnail

The China tech crackdown continues

TechCrunch

The Chinese government’s crackdown on its domestic technology industry continues, with Tencent under fresh pressure despite the company’s efforts to follow changing regulatory expectations. The Exchange explores startups, markets and money. Uncertain regulations, per Reuters. Gaming is also in the CCP crosshairs.

China 99
article thumbnail

To cool down China’s overheated robotics industry, go back to the basics

TechCrunch

It’s been a tumultuous few years, but China’s manufacturing industry is now on the rebound. Once an industry characterized by low-end manufacturing and intensive labor, it has transformed into a high-end manufacturing hub aided by technology. Understanding the market. However, the “bust” is entirely avoidable.