China Tech

Lenovo profits are down a staggering 75% in the 'new normal' PC market (www.techspot.com)
2023-5-27 Lenovo

Alibaba pushes back on reports of layoffs, saying it plans to hire 15,000 workers in 2023 across its six major divisions, including 3,000 university graduates (www.bloomberg.com)
2023-5-26 Alibaba Layoffs

Lenovo Profits Sink 75% As PC Demand Continues Nosedive (slashdot.org)
2023-5-25 Lenovo

Lenovo profits sink 75% as PC demand nosedives further (www.theregister.com)
2023-5-25 Lenovo

Xiaomi Q1 revenue falls 18.9% as global smartphone demand stalls (indianexpress.com)
2023-5-24 Xiaomi

Xiaomi reports Q1 revenue down 18.9% YoY to ~$8.4B and a ~$596M net income, up from a ~$75M loss in Q1 2022, both above estimates, as cost cutting helps margins (www.bloomberg.com)
2023-5-24 Xiaomi

Sources: Alibaba Cloud plans to layoff 7% of its staff, or ~1,000 employees, as it prepares for a spinoff within 12 months and an eventual IPO (t.co)
2023-5-24 IPO Alibaba

Payments with the wave of a hand: Tencent launches palm scans for WeChat Pay in Beijing (www.scmp.com)
2023-5-22 WeChat Tencent

It's high time Xiaomi stopped copying Apple iOS (www.androidauthority.com)
2023-5-21 IOS Apple Xiaomi

A day at Xiaomi's Bawal assembly plant: Witnessing the birth of one of India's most affordable smartphones (indianexpress.com)
2023-5-20 India Xiaomi

Alibaba's cloud spin-off may serve as a good yardstick to value other major players (techcrunch.com)
2023-5-19 Alibaba

Alibaba to spin off its cloud, AI and business messenger unit (techcrunch.com)
2023-5-19 Alibaba AI

Alibaba reports Q4 revenue up 2% YoY to ~$30B, ~$3.2B net income, up from a ~$2.6B loss in Q4 2022, and plans to spin off its cloud unit and take others public (www.bloomberg.com)
2023-5-18 Alibaba 4Q

Montana plans to ban apps allegedly “tied to foreign adversaries”, including Telegram, WeChat, and shopping app Temu, from state devices effective June 1, 2023 (www.theverge.com)
2023-5-18 WeChat Ban

Tencent reports Q1 revenue up 11% YoY to ~$21.4B, above estimates and the fastest growth in over a year, and net income up 10% YoY to ~$3.6B, below estimates (www.bloomberg.com)
2023-5-17 Tencent

Alibaba's autonomous driving lab to focus more on monetization (techcrunch.com)
2023-5-16 Alibaba

Tencent Cloud Announces Deepfakes-As-a-Service For $145 (slashdot.org)
2023-4-29 Tencent

Set up a full PC anywhere with this refurbished Lenovo M900 Tiny deal (www.bleepingcomputer.com)
2023-4-29 Lenovo

Global smartphone shipments fell 14.6% YoY to 268.6M in Q1 2023, the seventh consecutive quarter of decline; Samsung fell 18.9%, Apple 2.3%, and Xiaomi 23.5% (www.idc.com)
2023-4-27 Samsung Apple Xiaomi

Motorola Unveils Co-Branded Lenovo 'ThinkPhone' (mobile.slashdot.org)
2023-4-27 Lenovo

Tencent QQ users hacked in mysterious malware attack, says ESET (www.bleepingcomputer.com)
2023-4-27 Tencent QQ

Lenovo announces the Lenovo ThinkPhone by Motorola, available for $699 with ThinkPad-compatible productivity features, coming first to enterprise on April 28 (www.theverge.com)
2023-4-26 Lenovo

China's central bank digital currency takes a bigger place on WeChat's platform (techcrunch.com)
2023-4-26 China Central Bank WeChat

Alibaba Cloud plans to cut its core product costs by up to 50% from May 7; it has received 200K+ requests to join the beta trial of its Tongyi Qianwen AI model (www.bloomberg.com)
2023-4-26 Alibaba AI

Sources: Tencent is boosting investment in gaming studios abroad, primarily in Europe, to diversify away from China despite the improving regulatory conditions (t.co)
2023-4-26 China Europe Tencent

AI assistants come to Alibaba and a16z-backed Cider (techcrunch.com)
2023-4-26 Alibaba AI

Xiaomi Smart Air Purifier 4 review: A good option for urban households (indianexpress.com)
2023-4-24 Xiaomi

‘Worse than TikTok': Calls for WeChat to be banned despite cost (www.smh.com.au)
2023-4-20 WeChat

Chinese government data: semiconductor output fell nearly 15% YoY in Q1 2023; smartphone production fell 13.8%, as local brands like Oppo and Xiaomi struggled (www.bloomberg.com)
2023-4-18 China Xiaomi OPPO

Xiaomi 13 Ultra: What to expect from the upcoming camera flagship (indianexpress.com)
2023-4-17 Xiaomi

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