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.
Strong financial results by the two companies are the touchstones of the earnings growth that global investors are looking for, as they debate whether China’s post-pandemic recovery was a flash in the pan.
The social media and video gaming giant saw revenue rise 6 per cent in the first quarter, with online advertising revenue growing 26 per cent year.
Chinese tech giants Tencent and NetEase announced back-to-back new title releases, in a sign of intensified competition among the country’s top two video gaming publishers.
Qu Jing’s comments endorsing an intense workplace culture sparked a public backlash in China, where people have been speaking out against damaging office practices at Big Tech firms.
The potential launch of Tesla’s Full Self-Driving system in China is expected to help widen domestic availability of such autonomous vehicle technology.
Further restrictions on access to Intel and Qualcomm chips would pose challenges to Huawei’s PC business, which has been gaining ground in the China market.
A new data-verification platform will test Beijing’s plan to keep watch on cross-border data flows without disrupting normal business operations.
Chinese telecoms giant Huawei Technologies is eyeing opportunities in digital and artificial intelligence transformation to regain ground in Asia-Pacific, according to its deputy chairwoman Meng Wanzhou.
This was the smallest batch of video games approved so far this year by regulator the National Press and Publication Administration.
Huawei’s new Pura 70 series is posing a further threat to Apple in the world’s biggest smartphone market, as the Chinese tech giant eyes retaking the top spot on its home turf this year, analysts say.
Huawei announced on Thursday its highly anticipated new smartphone series, the Pura 70, its biggest flagship handset launch since the Mate 60 Pro, which drew scrutiny for its home-made advanced chip.
The United States Court of Appeals for the Seventh Circuit on Tuesday suspended the global sales injunction against Hytera’s two-way radio products.
Baidu’s artificial intelligence chatbot Ernie Bot has attracted over 200 million users, according to company chief executive Robin Li Yanhong, as the AI race in China heats up.
Tencent has blamed ‘irregularities’ in its cloud service hub for a breakdown last week, in a bid to soothe user concerns amid intensifying competition and rising demand in the domestic market.
Guangzhou has rolled out plans to support the local video gaming and esports industry with cash rewards of nearly US$700,000 for firms, in the latest sign of an easing of a crackdown on the sector.
Huawei announced new versions of its Luxeed S7 electric sedan and a PC with AI built in, but people are still awaiting its next big smartphone launch since the Mate 60.
Merchants at Shenzhen’s Huaqiangbei, the world’s biggest wholesale electronics marketplace, are stockpiling graphics cards ahead of the revised US curbs’ roll-out on April 4.
Net profit for the year soared to 87 billion yuan, up 144.5 per cent from 2022, partly due to recurring gains from its sale of budget smartphone unit Honor and other assets.
Chinese regulators have stepped up scrutiny of online attacks targeting domestic entrepreneurs, as Beijing looks to restore private-sector confidence to revive a sluggish post-Covid economy.
Apple taps Baidu’s Ernie Bot to provide AI services for its iPhone 16 in China as CEO Tim Cook tours country.
The changes to LST come as Alibaba continues to rejig its e-commerce arm as well as other business units.
The meeting with BYD and two other mainland suppliers was held ahead of the opening on Thursday of the 57th Apple Store in the US tech giant’s Greater China region.
In a packed Shanghai itinerary, Cook on Wednesday met Chinese video game developers, a filmmaker and the billionaire founder of BYD.
Video game sales, traditionally Tencent’s strongest revenue driver, declined in the fourth quarter.
The capital infusion could be a harbinger for Huawei’s increased pace of new investments this year, as the Chinese tech giant’s sales rose in 2023.
Follow-Your-Click, developed with researchers from universities in Hong Kong and Beijing, turns images and simple text prompts into short video clips amid Sora hype.
Tencent is said to have snapped up some of ByteDance’s ditched video gaming projects amid continued industry consolidation.
Zhou Meisheng, formerly the executive vice-president of R&D at SMIC, is heading to CXMT according to report, in a move that could boost memory chip maker’s research efforts.
Blizzard is preparing to return to the Chinese video games market in the coming weeks after renewing partnership with NetEase, according to local media report.