Industry Archives - Page 3 of 768

TikTok Is Testing Local Lifestyle Services in Indonesia and Thailand

TikTok is testing its local lifestyle business overseas, with the first stop being Southeast Asia. Currently, the business has launched in Indonesia and Thailand.

IBM Closes Its R＆D Department in China, Affecting Over A Thousand People

IBM has confirmed that it will completely shut down its research and development department in China, affecting more than 1,000 employees.

Lei Jun: Xiaomi Is Not in A Hurry to Build Charging Piles, First Focus on Making the Car Well

Xiaomi's primary task at present is to focus on car manufacturing, aiming to make the Xiaomi SU7 the electric vehicle with the best compatibility and convenience with public charging stations.

Li Auto Establishes An Industrial Intelligence Company with A Registered Capital of 100 Million Yuan

Li Auto established an industrial intelligence company in Jiangsu with a registered capital of 100 million yuan.

HUYA Posted Quarter-on-Quarter Revenue Growth in Q2 2024, Declaring $250 Million Special Cash Dividend

In HUYA Inc.’s 2nd quarter of 2024, game-related services, advertising and other revenues grew rapidly to 308.5 million yuan, reaching 20 percent of its total net revenues, signaling the positive progress of the company’s strategic transformation.

iFlytek Responds to Stock Price Fluctuations

iFLYTEK responds to stock price fluctuations: The company's operations are normal, and we maintain a long-term good cooperation with Huawei.

HP Denies ‘Moving Half of PC Production Out of China’

HP denies moving half of its PC production out of China, stating that its PC manufacturing business in China remains significant.

Honor Plans Stock Reform in Q4 and Will Initiate IPO at the Right Time

Honor plans to initiate the corresponding shareholding reform in the fourth quarter of this year and will timely begin the IPO process thereafter.

NIP Group Completes First Chinese Esports IPO

On July 26, NIP Group was officially listed on the NASDAQ Stock Exchange under the ticker symbol “NIPG”. The listing ceremony was attended by Mario Ho, Chairman and Co-CEO of NIP Group, Hicham Chahine, Co-CEO of NIP Group, and Sun Liwei, President of NIP Group. In this IPO, NIP Group issued 2.25 million ADS (American […]

Tesla’s Shanghai Gigafactory Is Operating at Full Capacity, Producing One Model Y Every 30 Seconds

Tesla's Gigafactory Shanghai is running at full capacity. A new Model Y car rolls off the line approximately every 30 seconds.

Tesla: Shanghai Megafactory Will Be Completed as Planned in 2025

Shanghai Megafactory is scheduled to be completed by 2025, making it Tesla's first energy storage super factory outside of the United States.

Xiaomi Obtains Qualification to Independently Manufacture Cars

Xiaomi has obtained the qualification to independently manufacture cars, and the car logo has been changed from 'Beijing Xiaomi' to 'Xiaomi'.

MiHoYo Establishes Technology Subsidiary Company with AI Software Development Business

MiHoYo establishes a new subsidiary to enter AI software development, with a registered capital of 1 million yuan.

Xiaomi Auto Denies Rumors of Shutdown Due to High Temperatures

Xiaomi denies that the car factory has stopped production due to high temperatures, and is about to carry out a new round of production line optimization and maintenance.

Tesla China Recalls Laid-Off Employees

Tesla China recalls laid-off employees, with an expected recall scale of over 100 people, involving departments such as charging, sales, after-sales, and delivery.

Baseus Unveils Affordable N1 Outdoor 2K Security Camera Kit

Baseus launches the N1 2K Outdoor Security Camera Kit to help keep the home secure with easy installation and high-quality performance. The camera provides up to 210 days of surveillance on a single charge and holds up to three months of footage.

Amazon Plans to Launch Discount Online Store that Ships Directly From China to Overseas Customers

Amazon plans to create a shopping zone that connects buyers directly with cheaper goods in Chinese warehouses to compete in the market.

CATL Robin Zeng Responds to the ‘100-Day Struggle’: Encourage Improving Basic Skills, No Coercion

Robin Zeng, CEO of CATL, responded to 'calling on employees to work under the 896 work system for 100 days' by saying, 'It means calling on everyone to practice basic skills well. We do not force anyone.'

Xiaomi Vice Chairman Lin Bin Responds to Reducing Company’s Stock Holdings

Xiaomi Vice Chairman Lin Bin further explained recent rumors of "reducing holdings for cash": all assets of the foundation can only be used for charitable public welfare and science education-related donation projects.

Moonshot AI Denies Entering the US Market: There Are Currently No Plans to Develop Overseas Products

Moonshot AI responds to rumors of entering the US market: Currently, there are no plans to develop and release any overseas products.

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