Top Highlights Baidu’s Q2 revenue declined 4%, mainly due to weak advertising. Advertising revenue fell 19%, reflecting cautious advertisers amid…
Browsing: China
Essential Insights China showcased advanced humanoid robots performing impressive skills at WRC. Industry focus shifted from entertainment to deploying robots…
Fast Facts Nokia plans to cut most mainland China staff and close sites this year. The company is gradually exiting…
Top Highlights Alibaba sells Lingxi Games to Trustar Capital to focus on AI and e-commerce. The move aligns with Alibaba’s…
Quick Takeaways Tencent’s WeChat introduces Xiaowei, an AI assistant enhancing user convenience. Xiaowei can automatically perform tasks like reservations and…
Essential Insights SMIC is expanding equipment due to a surge in AI-supporting chip demand. AI-driven infrastructure boom caused global shortages…
Quick Takeaways China’s Guangdong boosts collaboration with Alibaba on digital transformation. Alibaba to invest more in AI, semiconductors, and digital…
Fast Facts Alibaba can build AI data centers in 100 days, much faster than usual. CUBE 5.0 increases modularity from…
Summary Points SK Hynix considers selling a Chinese packaging plant to focus on high-margin AI memory. The sale aims to…
Fast Facts Alibaba tests paid memberships for its AI assistant, Qwen, with tiered plans. Users can subscribe from $29.60 to…