Alipay, launched 20 years ago by Alibaba Group, has proved to be a revolutionary product that changed the way Chinese people make payments.
Lithium prices are just one-ninth of the peak in 2022, allowing EV makers to win over new buyers in mainland China.
The lower cost would help developers focus on creating ‘more super interesting and useful’ AI applications, Baidu CEO Robin Li says.
The changes for two executives follow a departure last month, as ByteDance seeks to safeguard business in its flagship app’s largest market.
China has waived its retaliatory 125 per cent tariffs on certain semiconductor imports from the US, according to a Caijing report.
The job cuts affected staff focused on creating VR experiences for Meta’s Quest headsets, and those working on hardware.
With large screens and high-quality audio systems, Chinese cars are ready to run infotainment software Russian drivers favour, vendor says.
A worsening economic outlook and tariffs between the US and China have prompted customers to fall back on cheaper, older processors.
Big Tech firms have continued to defend their aggressive AI investments, saying these were necessary to remain competitive.
AI models developed by Chinese tech companies, including DeepSeek and Big Tech firms, have emerged as popular choices for carmakers.
This marks the first time DeepSeek has published product-related job openings, as it has largely focused on fundamental AI model research.
‘Safety’ is the big buzzword as firms adjust tone amid Beijing’s closer scrutiny after a fatal crash involving a driver-assistance system.
A report found that 76 per cent of Hong Kong firms plan to use ‘digital labour’ to expand workforce capacity in the next 18 months.
The collaborations reflect demand in China, the world’s largest electric vehicle market, for more computing power in sophisticated cockpits.
The city is just behind Ljubljana, capital of Slovenia, in an evaluation based on factors such as regulation, taxes and wealth.
[The content of this article has been produced by our advertising partner.] In this era of digitalisation, companies are no longer bound by geographical locations or time zones when it comes to acquiring customers, so it should come as no surprise that businesses are expanding across borders at an unprecedented rate. Despite the ease and convenience that come with connectivity, concern for regulatory compliance has also skyrocketed. As recorded by PwC’s 27th CEO Survey, 64% of business leaders saw the complexity of compliance framework as the number one barrier to creating and capturing value. For Vistra, a global corporate service provider, this universal customer pain point served as a call to action. With regulations differing country to country, combined with the intricacies of an ever-changing business landscape, staying compliant while maintaining core business operations is challenging for most multinational corporations. In Vistra’s own 2025 survey of 250+ APAC executive respondents from Hong Kong, China and Singapore, Vistra 2030, the two factors presenting the greatest challenges to company’s growth prospects over the next 12 months are changes in the global economy and changing compliance. In partnership with Amazon Web Services (AWS), the company embarked upon a digital transformation journey to develop its proprietary global compliance platform, debuting the Global Expansion Platform (GEP) and Geni, the world’s first global compliance AI advisor, in March 2025. Blending AI Productivity with Human Expertise By creating a unified platform centralising multi-country corporate governance solutions, Vistra has taken another step to further its mission in supporting businesses from all around the world. With the goal to make operating anywhere feel borderless and frictionless, clients are now able to manage entity portfolios across 300+ jurisdictions in one place. Having embedded Geni, its 24/7 AI compliance advisor within GEP, the digital-first approach enables real-time assistance and…
The plan is to launch this summer a Robotaxi service that would be driverless and under remote supervision.
The Taiwanese chipmaking giant will begin production with its advanced A14 fabrication process in 2028.
It marks the company’s second-highest quarterly performance and comes on the heels of record revenue and profit in the prior quarter.
Semiconductor design firm Montage Technology is currently one of the world’s three main suppliers of connector chips to the DRAM market.
AI tools struggled with the Vatican’s secrecy, providing mixed insights on papal contenders like Parolin and Tagle, making predictions nearly impossible.
The Alibaba.com mobile app occupied the third spot on the US iOS app store’s shopping category for most of this week.
Hyundai, Hozon, Jaguar Land Rover, Polestar and nearly a dozen other marques miss the world’s largest auto event.
Hyundai, Hozon, Jaguar Land Rover, Polestar and nearly a dozen other marques miss the world’s largest auto event.
Regarding global expansion plans, tariffs will be the ‘number one factor’ to be considered when entering a new market, Zeekr says.
Nissan displayed two new vehicles at the Shanghai Auto Show on Wednesday as part of an effort to launch 10 new-energy vehicles by mid-2027.
The Chinese-language version of Tabelog, a popular Japanese restaurant review website, is now available as a mini program on WeChat.
The industry will see wider adoption and a big jump in the number of robotaxis in the next three years, Pony.ai CEO James Peng says.
Alibaba, Baidu, ByteDance and Tencent have introduced updates to AI agents and visual applications in recent days.
The hiring notice sheds light on CXMT’s Japanese subsidiary for the first time since it was established in 2020.
The US may hold the lead in cutting-edge AI tech but China is racking up economic wins with real-world adoption.
SK Hynix seized 36 per cent of global DRAM sales in the March quarter to surpass Samsung, which had led the market for more than 30 years.
CEO Elon Musk said ‘China wants some assurances’ that the magnets Tesla is trying to buy will not be used for military purposes.
This would be the company’s first major restructuring under new CEO Tan Lip-Bu.
‘You could offer a really incredible experience’ if ChatGPT was integrated into Chrome, Nick Turley says.
Slower capital spending and weaker prices projected as tariffs set to hit China’s biggest export market for energy-storage systems.
Firms including BYD, Nio, Geely, Xiaomi and Leapmotor will showcase new and existing models at the two-week event starting on Wednesday.
Firms including BYD, Nio, Geely, Xiaomi and Leapmotor will showcase new and existing models at the two-week event starting on Wednesday.
iFlytek on Monday boasted that its Xinghuo X1 reasoning model had matched OpenAI o1 and DeepSeek R1 in overall performance.
US export restrictions are expected to accelerate China’s push for self-reliance, including efforts to shift the chip supply chain onshore.
Videos of robots falling, trembling and struggling to stay upright circulated widely, with only six out of 21 finishing the race.
Beijing Smart Walnut Education Technology, Shenzhen Cloudsky Technologies, Zaihui and Zhonghe Group among firms considering IPOs in the US.
The move reflects the e-commerce giant’s commitment to expanding its recently launched food delivery business, analysts say.
Unitree opened the 10,000-square-metre facility this year, located just 15 minutes from its headquarters.
Caution came as China’s level 2 driving automation system ‘has entered a critical period of large-scale application’.
Six humanoid robot makers plan to produce more than 1,000 units in 2025, driving the value of domestic output to US$616 million this year.
China is seeing growing adoption of the model context protocol, which has become a de facto standard for AI integration.
In a public letter, JD.com accused a ‘rival platform’ of preventing delivery riders from using multiple platforms, for which Meituan was fined in 2021.
Moody’s has developed 35 AI-driven agents with specific instructions, personalities and access to data and research to perform different tasks.