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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.
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.
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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.
Promotions from Chinese e-commerce platforms are infiltrating people’s lives across the region, where e-commerce is seeing explosive growth.
Beijing Yandong Microelectronics will take a controlling position with a 25 per cent stake, while other investors include display maker BOE Technology.
A wider shipment ban on TSMC-made chips could affect a range of mainland businesses from electric vehicles to smartphones.
At Baidu World 2024, where it announced the new Xiaodu AI Glasses, CEO Robin Li said the Ernie model now sees 1.5 billion API calls per day.
Shein, which sells budget clothing to a global customer base, was praised by state media for its contribution to industry upgrading.
The initiative aims to generate about US$7 billion from medical product exports by 2027.
The Chinese bargain shopping site is accused of operating in Vietnam without government approval, according to local reports.
Chew Shou Zi calls earning local trust around the world “a big challenge” for TikTok at a summit in Riyadh.
The index series, launching on November 15, will offer benchmarks for bitcoin and ether.
