tech giants Archives

Huawei Unveils Mate X3 Foldable Smartphone and Other New Products

Huawei launched new products including flagship smartphones, foldable smartphones, an entry-level smartphone, smart watches, headphones, a tablet, laptops and a new commercial brand.

Tencent’s Net Revenue and Profit Declines in 2022, Q4 Net Profit Increases By 19%

Leading Chinese tech firm Tencent released its 2022 Q4 and full-year financial report on March 22.

Huawei to Begin Offering Enterprise Resource Planning

Huawei held a summary and commendation meeting on its product R&D tools at its base in Shenzhen, Guangdong Province, on February 28.

Alibaba VP Yangqing Jia to Quit and Start Own AI Business

Yangqing Jia, Vice President (VP) of Chinese internet giant Alibaba, has stirred up some discussion with his departure from the company and intention to strike out on his own.

Tencent Fires A 47-Year-Old Front-End Expert

Tencent's highest front-end developer, Stone Hang, who had been with the company since 2005, was unexpectedly fired this January at the age of 47. The news, which was first reported on Xiaohongshu, a popular life-sharing platform in China, surprised many netizens.

Google China Starts Layoffs, Compensation Provided

Recently, rumors about layoffs in Google's China division caused some concern. This round of layoffs is mainly hitting senior positions and high-paying employees in an effort to reset the salary standard and reduce operating costs while improving overall work efficiency.

Meng Wanzhou to Become Huawei’s Rotating Chairwoman on April 1

Meng Wanzhou, also known as Sabrina Meng, Vice Chairwoman and CFO of Chinese tech giant Huawei, will step into the role of Rotating Chairwoman of the company for the first time on April 1.

Microsoft to Cut 10,000 Jobs, Affecting Chinese Division

US tech giant Microsoft would lay off 10,000 workers by the end of this year's third quarter, accounting for just under 5% of its total employee count. The firm's China division reportedly will be involved, but the layoff ratio is lower than 5%.

Tencent’s Platform and Content Group Achieved Profitability at End of 2022

All businesses under Tencent's Platform and Content Group (PCG) were profitable at the end of 2022, allowing the group to increase its annual profit by several billion yuan.

ByteDance Initiates Layoffs for 10% of Staff

Chinese tech giant ByteDance has launched a round of layoffs covering about one-tenth of its employees, mainly affecting staff members focused on R&D, products and operations.

Huawei Expects $92B in Revenue in 2022, Same as the Previous Year

On December 30, Eric Xu, the rotating chairman of Huawei, predicted in his New Year speech that Huawei would achieve an annual revenue of 636.9 billion yuan ($92 billion), which is in line with forecasts.

Tencent’s Mobile Music Game “Rhythm Master” Set to Return

In February of 2021, Tencent announced that its classic mobile music game "Rhythm Master" would be suspended. On December 26 of this year, however, the team responsible announced that they would start initial technical tests, indicating the game's eventual return.

Zhejiang’s New Provincial Party Secretary Visits Alibaba

Yi Lianhong, the new provincial communist party secretary of Zhejiang, home province of Alibaba, visited the e-commerce giant’s campus on December 18 to learn more about its development process, business sectors, innovation achievements and development plans.

Baidu Executive Discusses Use of Tech for Solving Environmental Problems at COP15

Jackson He, the senior vice president of Baidu and general manager of the firm's Mobile Ecological Business Group, on December 17 participated in the China pavilion for the second phase of the COP15 to share the firm's innovative exploration and achievements in ecological protection.

NIO and Tencent to Cooperate on Intelligent Driving

Chinese electric vehicle firm NIO and internet giant Tencent signed a strategic cooperation agreement in Shenzhen on November 28. Under the deal, the two sides will carry out in-depth cooperation in the fields of autonomous driving cloud technology, intelligent driving maps and digital ecology.