Smartphone giant Xiaomi briefly took the spotlight during Saturday’s meeting between President Xi Jinping and his South Korean counterpart, Lee Jae-myung, as a pair of the company’s handsets were presented as gifts by China’s head of state. The selection of its flagship consumer product as a state gift reflected Xiaomi’s growing status as a symbol…
China’s push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle to match the technical might of US powerhouse Nvidia within the current decade. Ramping up its chip industry is a way for Beijing to beat restrictions imposed by Washington on exports of the most advanced chips — used…
Key News Asian equities were mixed overnight, as Hong Kong outperformed and Thailand underperformed. After an initial dip, growth stocks in Hong Kong climbed higher on robust volume, propelling the Hang Seng Tech Index to a four-year high as it closed above recent resistance. Concerned with Hong Kong outperforming and Thailand underperforming about missing the…
Mishaal Rahman / Android Authority Hundreds of new smartphones are released each year, making it difficult for any single device to truly stand out. For me, the best Android phones are the ones that not only lack any noticeable flaws but also have a unique hook that makes them special, whether it’s a clever AI…
If you have been following Xiaomi’s stock, you know the story has been anything but boring. In the past year alone, the share price soared an eye-catching 176.9%, scaling up to a massive 509.9% return over three years. Even over the last month, Xiaomi gained 6.4%, standing out in a choppy market. It is no…
China has strategically dropped its antitrust investigation into Google while intensifying regulatory pressure on Nvidia and Intel, as Beijing selectively targets semiconductor companies that represent the most critical leverage points in escalating US-China trade negotiations. The decision to terminate the Google probe, which focused on Android’s dominance among Chinese smartphone makers, comes as China simultaneously…
Since the launch of the Made in China 2025 plan a decade ago to foster industrial upgrading, it has been widely depicted in the West as a state-led market distortion and doomed to fail. Yet the outcome is far from failure. State-led efforts under the 10-year plan have provided a solid foundation for advancements, especially…
Call them China’s Sputnik moments: DeepSeek. BYD and Xiaomi cars. A robot Olympics in Beijing. Huawei’s resurgence. And Labubu. Labubu did its job. The little gremlin doll made it clear that a brand being from China is no longer shorthand for cheap. Pop Mart has built trust to such an extent that company management is…
Hong Kong stocks rose on Wednesday on renewed optimism about China’s tech industry prospects, while investors awaited global AI chip leader Nvidia’s earnings. The Hang Seng Index gained about 0.1 per cent to 25,541.43 at noon, rebounding from a 1.2 per cent loss in the previous session. The Hang Seng Tech Index climbed 0.6 per…
Hong Kong’s government-owned wealth fund has partnered with one of China’s leading artificial intelligence agencies to attract global talent to the city, as it strengthens its commitment to transform into a technology hub. The project aimed to “connect representatives from academic research, investment, industry and government sectors to [facilitate] cross-jurisdictional and cross-sectoral dialogue”, HKIC CEO…