Albert Bourla, the CEO of US pharmaceutical giant Pfizer, said that the company is working with Chinese partners to provide Paxlovid, a COVID-19 pill developed by the firm, to China from the first half of this year.
Tesla suddenly posted record-low vehicle prices for the Chinese market on January 6, causing many Chinese car owners to organize in an attempt to defend their consumer rights.
A certified account belonging to the Chinese division of Japanese electronics giant Sony has recently been banned. On January 5, the CEO of Weibo responded that a blog post from Sony China was interpreted as attacking medical experts, and that a final punishment had just been approved.
On January 6, the starting prices of Tesla's Model 3 and Model Y in China dropped to 229,900 yuan ($33,458) and 259,900 yuan ($37,825) respectively, the lowest prices ever for both vehicles, with an estimated delivery period of one to four weeks.
News that Apple will cut manufacturing orders caused its major Chinese supplier Luxshare Precision's stock price to fall on Wednesday. However, Luxshare clarified the situation in its latest announcement on Thursday morning.
During the Guangzhou Auto Show, Kong Yanshuang, Regional General Manager of Tesla China, said in an interview that the company is looking forward to accelerating the release of vitality in the Chinese auto market after the end of the pandemic.
Tom Zhu, Tesla's head of China and global vice president, was reportedly given a new position on January 3. Going forward, he will be responsible for the US-based automaker's global sales, delivery, after-sales and factory production.
Tesla's Shanghai Gigafactory will reportedly suspend production from January 20-31, longer than China's national Spring Festival holiday from January 21-27. The EV maker responded that most employees at the factory will have a holiday from January 20 to 28.
Tesla's China chief Tom Zhu stepped down as legal representative of Tesla (Shanghai) Co., Ltd., but will remain its chairman. This may be another signal that Zhu is fading out of Tesla's business in China.
Since the global surge in use of ChatGPT, a prototype chatbot developed by San Francisco-based artificial intelligence lab OpenAI, many related mini-programs have appeared on Tencent's WeChat app popular in China, although they now appear to have been restricted.
Jean-Marc Chery, president and CEO of STMicroelectronics, and Jerome Roux, president of sales and marketing of STMicroelectronics, started visiting customers in China in November again, demonstrating the company's support for the Chinese market and its commitment to local customers.
Czech carmaker Skoda Auto, a subsidiary of Volkswagen, is reportedly considering a withdrawal from China and will make a final decision next year. A spokesperson for Skoda China said that the company has not made any decision on the necessity of adjusting its strategy.
On December 12, Tesla denied a report that the Amercian electric vehicle maker's Shanghai factory will suspend production of its Model Y from December 25 to January 1 next year.
Lam Research, a US-based supplier of chip wafer fabrication equipment and provider of services for the semiconductor industry, has reportedly started to cut 10% or more of its staff in China.
Ads for South Korean automotive giant Kia have appeared frequently on the sidelines at the ongoing FIFA World Cup in Qatar, bringing the brand back into the spotlight in China. However, its joint venture in the country is now grappling with a financial crisis.
Japanese automotive giant Honda Motor announced on December 8 that it will purchase about 123GWh in vehicle batteries from China's CATL from 2024 to 2030. These products will be produced centrally at CATL's Yichun Factory.
Earlier this year, Singapore-based home appliance maker Dyson unveiled the Dyson Zone air-purifying headphones. On December 8, Dyson disclosed the detailed technical parameters of the headset product and confirmed that it will debut in China.
Tesla CEO Elon Musk has reportedly confirmed the individual to replace him as CEO of the firm. Tom Zhu, Tesla's current global vice president and CEO of Greater China, will take up this high-profile position.
On December 2, the U.S. Department of Commerce issued preliminary determinations in the circumvention inquiries of solar cells and modules from China. Four Chinese enterprises were found to be circumventing tariffs.