Tesla’s closest rival in China’s EV market reported a major setback in the first quarter, after earnings and deliveries slumped from the preceding three months. Margins eroded amid price discounting.

Mainland online retailers JD.com and Alibaba’s Tmall on Monday started offering deeper discounts on iPhone 15 models.

Artificial intelligence could improve organisations’ productivity by up to 47 per cent, but 76 per cent of employers say they lack the knowledge to implement AI training, says study from Amazon Web Services.

Cloud Light Technology CEO Dennis Tong anticipates multiple years of 50 per cent growth as AI drives up demand for faster data centre resources.

Licensing of Xpeng’s technologies will allow the EV maker to further its research and development efforts and maintain its technological edge, vice-chairman and president Brian Gu says.

As tech war heats up, a crucial quantum computing component can now be made in China, it has been announced.

The interior ministry has sought to strip out equipment from China’s Huawei and ZTE for national security reasons.

State-owned company plans to be first to use Gotion High-Tech’s solid-state batteries when they start mass production, chairman Yin Tongyue says.

TikTok, the short video platform originally popular for its 15-second lip-synching content, is now testing 60-minute video uploads with certain creators, in a challenge to veteran online video giant YouTube.

But one legislator warns of impacts of possible sanctions, which he says may prevent city from importing technology it needs to produce chips.

The ‘general data’ list, covering 64 categories, will enable certain firms to make data transfers overseas without a security assessment.

An analysis from TechInsights has found 33 China-sourced components in the standard Pura 70 handset, compared with five sourced from overseas.

The mainland’s e-commerce sector achieved a 12 per cent overall growth in the March quarter, according to data from JPMorgan.

The Beijing-based company reported US$36 billion in first-quarter sales, beating analysts’ estimates.

Hunan vice-governor Cao Zhiqiang leads delegation of officials and company representatives to trade show in Nairobi where nearly US$300 million in deals are signed.

China’s search engine and AI giant saw revenue grow 1 per cent in the first quarter, while net income fell 6 per cent but was better than estimates.

Temu often fails to provide consumers with crucial information about the sellers on its platform and safety standards of products, according to the complaint.

Kingland Systems is closing its first subsidiary outside the US and sacking its entire local workforce, sources say.

The world’s largest double-decker bus maker, Alexander Dennis, said electrification is the future for Hong Kong’s bus fleet and hopes to roll out more battery-powered models for the city to meet its decarbonisation goals.

ByteDance, which has been scaling back its video-gaming operations in recent months, has named a new CEO for Moonton Technology, the creator of Mobile Legends: Bang Bang.

A new book on China’s tech regulations and economic governance assesses the impact of perceived overreaching in the market, with far-reaching effects flagged by professor Angela Zhang.

The bill would prevent federal agencies from contracting with five Chinese biotech companies – BGI Group, MGI, Complete Genomics, Wuxi AppTec, and Wuxi Biologics.

The real estate mogul and former LA Dodgers owner says he’s putting together a consortium to buy the app from China-based ByteDance.

Analysts discuss how Beijing could respond to Washington’s latest trade offensive, and how the impact could have repercussions beyond China’s borders.

About 20 million consumers on the mainland are expected to take part in the nationwide trade-in programme via JD.com’s platform.

ByteDance’s aggressive pricing for its Doubao large language model family shows the increased opportunity in mainland China, where more firms are scrambling to adopt GenAI tools.