Xiaomi’s profit fell again in the second quarter. A global memory shortage kept pushing up the cost of its phones. The Chinese company posted its third straight quarterly profit decline, Bloomberg reported. Adjusted net income dropped about 43 percent …
China’s World AI Cooperation Organisation has added nine members in the month since it was founded, taking it from 29 signatories to 38, according to the South China Morning Post. It is growing at precisely the moment Washington is drafting a letter te…
After eight months of export licences that moved almost nothing, Nvidia’s H200 accelerators have started arriving at Chinese technology companies. ByteDance and Tencent have each received about 10,000 of the processors in recent weeks, according to the…
Xiaomi’s SU7 sedan passed 500,000 cumulative deliveries on 17 August, 28.5 months after the first handover. Deliveries of that model are down 43.6% this year, even as the company’s overall volume rose almost 15%. Xiaomi’s first car has passed half a mi…
China is removing a government version of Microsoft’s Windows 10 from state agencies, earlier than planned. The Ministry of State Security recently told some state-linked entities to uninstall the customised software, Bloomberg reported, citing people …
Baidu revenue fell for a fifth straight quarter. The advertising business kept shrinking faster than the AI business could grow. The Chinese search company reported its results on Tuesday, with second-quarter revenue of RMB31.3bn ($4.62bn). That is dow…
Google has told suppliers it plans to move all Pixel production out of China from 2027, according to Nikkei Asia. That covers phones, smartwatches and wireless earbuds. Lauly Li reported the plan on 18 August, citing the ongoing tensions between Washin…
Greg Brockman went on CNBC on Monday to say the executive departures at OpenAI are not unusual. “I actually think that the difference between OpenAI and other organizations is that we are so much in the spotlight, so every departure gets scrutinized in…
The new, retro-inspired Freelander 8 is Jaguar Land Rover’s latest global entry into the West’s red-hot luxury SUV market, and the off-roader is off to a strong start with over 10,000 orders flooding in in just 48 hours.
Global equipment brand LiuGong says its 924FE 30-ton electric excavator isn’t an alternative to diesel. Instead, it’s better in every way – and the company’s North American customers are about to see for themselves.