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Wency Chen
Reporter, Tech
Wency tells stories that explore how technologies are reshaping society, with a focus on cross-border e-commerce, AI, the supply chain and others. Before joining SCMP, Wency contributed to KrASIA, Wired, Rest of World, World of Chinese, Tech in Asia, Vice China (BIE), Harper's Bazaar, etc. She attended Columbia Journalism School.
Honor’s leadership shuffle could add some degree of uncertainty to the company’s preparations for an initial public offering.
Some mainland Chinese users have reposted videos, pretending to be foreign users to gain more followers, according to Douyin.
The TikTok owner is building a site covering more than 200,000 square metres in Shanxi province as it expands aggressively in the AI sector.
The market for consumer electronics will only get bigger globally as companies race to deliver AI-driven innovations, organiser forecasts.
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Nearly 100 Hong Kong-registered companies are exhibiting at CES this week, compared to around 30 from Singapore.
Powered by Nvidia’s Blackwell architecture, the RTX 5090 packs in 92 billion transistors and delivers over 3,352 trillion AI operations per second.
While Chinese companies comprise over a quarter of registered exhibitors, many tech giants are notably absent.
The country’s self-sufficiency rate for automotive chips is currently less than 10 per cent, according to an official at MIIT.
As competition heats up, the US retailer has started tracking product pricing on rival platform Temu, according to merchants.
Talkie, a popular AI companion app developed by Shanghai start-up MiniMax, has been removed from Apple’s store in the US.
The iPhone maker is reportedly in early talks with the tech giants to launch Apple Intelligence on the mainland after talks stalled with Baidu.
It follows similar moves by ByteDance and Baidu, which have divided their AI research and application teams to tackle a competitive market.
Meituan and Ele.me are using ‘fatigue management’ systems in several cities, halting orders after 12-hour days, as work climbs in slowing economy.
IC output growth for the year through November was up 23 per cent, while imports were up 14.8 per cent amid an intensifying US-China chip war.
In the first 11 months of 2024, China’s semiconductor industry recorded 677 investment deals, a decline of 35.9 per cent year on year.
The reported Intime sale is part of Alibaba’s broader efforts to restructure its business and refocus on its e-commerce and cloud businesses.
BA Capital has been able to tap into niche consumer areas to grow into a firm with US$1.38 billion under management.
With popularity booming in recent years and recent profitability, the company has selected underwriters for a planned public listing.
The State Administration for Market Regulation and the Ministry of Commerce have directed Pinduoduo owner PDD to fix this practice.
China Semiconductor Industry Association’s Wei Shaojun sees new design architecture and microsystem integration as pathways to progress.
Development of the YU7 reflects Xiaomi’s growing confidence in its EV business, which met its 100,000-vehicle production target this year.
Chinese chip firms have become the new darlings for retail investors, who see more opportunity for local development under tighter US sanctions.
Four pillars comprising Alipay+, Antom, WorldFirst and Embedded Finance have delivered strong performance: company statement.
CEO Eric Jing will relinquish his management post on March 1 next year and retain his role as group chairman, according to an internal memo on Sunday.
Cut-to-the-bone pricing is eating into the profit margins of Chinese merchants selling online to global shoppers.
Speakers at a Shanghai conference avoided commenting on the new restrictions, preferring to highlight the value of ‘global cooperation’.
Social-media giant ByteDance mentioned the lawsuit in an internal disciplinary notice, which identified the intern by his surname.
The deal marks the biggest corporate bond issue of its kind in the Asia-Pacific region this year.
The 27-year-old company said it has moved its headquarters to Singapore, where it made a secondary listing, amid chip supply chain pressure.
The Chinese e-commerce leader is issuing bonds denominated in US-dollar and yuan to help repay debt and fund stock repurchases.
