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Shenzhen

Apple supplier Foxconn sees revenue decline in first quarter of 2024 amid weak global consumer electronics demand, sluggish iPhone sales

by Anas Siddiqui
Apple supplier Foxconn sees revenue decline in first quarter of 2024 amid weak global consumer electronics demand, sluggish iPhone sales

Foxconn Technology Group, the world’s biggest iPhone assembler, expects revenue to decline in the first quarter of 2024 amid weak global consumer electronics demand, extending a decrease in sales in …

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How BYD grew from a phone battery maker to EV giant taking on Tesla

by Horatio Thompson
How BYD grew from a phone battery maker to EV giant taking on Tesla

Chinese automaker BYD had one of the biggest stands at the IAA show in Munich, Germany in 2023. Arjun Kharpal | CNBC Elon Musk dismissed BYD in 2011 by laughing …

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Apple supplier Luxshare to take control of key iPhone plant in eastern China via US$300 million deal with Taiwan’s Pegatron

by Anas Siddiqui
Apple supplier Luxshare to take control of key iPhone plant in eastern China via US0 million deal with Taiwan’s Pegatron

Apple’s key Chinese manufacturing partner Luxshare Precision Industry Co is set to gain control of an iPhone assembly site run by a Taiwanese rival, as the US tech giant fosters …

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Amid US tech war, is China stuck in a middle-technology trap? Is it time to open its doors wider?

by Ron Morgan
Amid US tech war, is China stuck in a middle-technology trap? Is it time to open its doors wider?

China’s top science academy has warned of a potential “middle-technology trap”, with the leading analyst who published the concept calling for the country to “open its doors” to avoid becoming …

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Launch of first Hong Kong school fair for mainland Chinese draws nearly 10,000 attendees, as pupils seek out less intense learning space

by Ron Morgan
Launch of first Hong Kong school fair for mainland Chinese draws nearly 10,000 attendees, as pupils seek out less intense learning space

The attendees were mainly families from the mainland, coming from cities such as Shenzhen, Wuhan and Beijing. Organisers said the event attracted nearly 10,000 parents and pupils. “I don’t want …

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Shenzhen hosts AI competition and autonomous driving data labelling firm wins top prize as support for sector hots up

by Anas Siddiqui
Shenzhen hosts AI competition and autonomous driving data labelling firm wins top prize as support for sector hots up

Shenzhen has hosted an artificial intelligence (AI) competition to help identify the country’s most promising start-ups, as the technology hub in southern Guangdong province steps up its support for the …

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Opinion | How Hong Kong’s retail sector can up its game on the road to recovery

by Anas Siddiqui
Opinion | How Hong Kong’s retail sector can up its game on the road to recovery

In a report published on October 12, Morgan Stanley said it favoured Hong Kong retail landlord stocks over their office peers because of the growing divergence in rents between the …

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India confirms subsidies for Apple supplier Foxconn, Lenovo and 25 other tech hardware firms, bolstering country’s electronics supply chain ambitions

by Ron Morgan
India confirms subsidies for Apple supplier Foxconn, Lenovo and 25 other tech hardware firms, bolstering country’s electronics supply chain ambitions

India will provide subsidies to some of the world’s biggest tech hardware companies, including Apple supplier Foxconn Technology Group and computer giant Lenovo Group, under a scheme to boost domestic …

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Chinese tech companies’ frenzy over AI large language models ‘a huge waste of resources’, Baidu CEO says

by Anas Siddiqui
Chinese tech companies’ frenzy over AI large language models ‘a huge waste of resources’, Baidu CEO says

Li, the co-founder, chairman and chief executive of Chinese internet search giant Baidu, told his audience at the annual X-Lake Forum in Shenzhen on Wednesday that this frenzy over LLMs …

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Huawei has a big problem with the popular Mate 60 5G smartphones: there’s not enough supply to meet growing demand

by Anas Siddiqui
Huawei has a big problem with the popular Mate 60 5G smartphones: there’s not enough supply to meet growing demand

“Production capacity can’t meet demand, which is the reason Huawei is doing pre-orders,” said Counterpoint Research senior analyst Wang Yang, adding that presales help buy some time for Huawei to …

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