china

  1. Hanno Labuschagne

    Xiaomi's first EV unveiled

    Xiaomi's first EV unveiled Chinese smartphone giant Xiaomi Corp. has given the first glimpse of its debut electric vehicle, a five-seat sedan with a panoramic glass roof. A filing released by China’s Ministry of Industry and Information Technology on Wednesday shows the long-anticipated EV...
  3. Hanno Labuschagne

    Xiaomi another beneficiary of Apple's China struggles

    Xiaomi another beneficiary of Apple's China struggles Apple Inc.’s sales dip in China is providing an opportunity for yet another local Android smartphone maker to win favour with customers and investors. Xiaomi Corp. has gained about $20 billion in market value since a June low on excitement...
  4. Hanno Labuschagne

    Huawei Mate 60 putting iPhone 15 under pressure in China

    Huawei Mate 60 putting iPhone 15 under pressure in China There is growing evidence that Apple Inc.’s latest iPhone is falling shy of its predecessor in China, suggesting a setback for the world’s most valuable company in its most important overseas market. The iPhone 15 series saw a 6% decline...
  5. Hanno Labuschagne

    BYD poised to pass Tesla in fully-electric car sales

    BYD poised to pass Tesla in fully-electric car sales BYD Co. is rapidly closing in on Tesla Inc. as the world’s biggest seller of pure electric vehicles, with surging profits underscoring its sales clout despite intensifying competition at home. Shares of the Hong Kong-listed Chinese...
  6. Hanno Labuschagne

    Huawei passes Apple as #1 phone seller in China

    Huawei passes Apple as #1 phone seller in China Apple Inc.’s new iPhone 15 is selling far worse in China than its predecessor, according to separate analyses, reflecting stubbornly weak consumption as well as the rise of rivals like Huawei Technologies Co. Sales of Apple’s flagship device are...
  7. Hanno Labuschagne

    Huawei suppliers see values jump thanks to Mate 60 Pro

    Huawei suppliers see values jump thanks to Mate 60 Pro Huawei Technologies Co. has established itself as the corporate symbol of China’s drive for technological self-reliance. Now the unlisted technology company is also sparking the nation’s hottest stock trades. [Bloomberg]
  8. Hanno Labuschagne

    Xiaomi could make EVs with Chery or other carmakers — Report

    Xiaomi could make EVs with Chery or other carmakers — Report Xiaomi Corp. has held talks with established automakers on potential production partnerships, people familiar with the matter said, as it waits for Beijing to approve a license that would give it the right to manufacture electric cars...
  9. Hanno Labuschagne

    BYD set to pass Tesla in global EV sales

    BYD set to pass Tesla in global EV sales BYD Co. is poised to overtake Tesla Inc. as the world’s biggest seller of electric vehicles as the Chinese automaker’s global sales push gains greater traction. China’s best-selling car brand came within a whisker of toppling Tesla last quarter after...
  10. Hanno Labuschagne

    Apple up against China-sized crisis before iPhone 15 launch

    Apple up against China-sized crisis before iPhone 15 launch Apple Inc. is looking to stave off a crisis in China just days before the launch of its next iPhone, an already high-stakes event that will test whether new features can shake the smartphone industry out of the doldrums. The product...
  11. Hanno Labuschagne

    Chinese hack of US officials blamed on Microsoft engineer's compromised account

    Chinese hack of US officials blamed on Microsoft engineer's compromised account China-linked hackers breached the corporate account of a Microsoft Corp. engineer and are suspected of using that access to steal a valuable key that enabled the hack of senior US officials’ email accounts, the...
  12. Hanno Labuschagne

    China cracks down on iPhone usage among state employees

    China cracks down on iPhone usage among state employees China plans to expand a ban on the use of iPhones in sensitive departments to government-backed agencies and state companies, a sign of growing challenges for Apple Inc. in its biggest foreign market and global production base. Several...
  13. Hanno Labuschagne

    Foxconn founder running for president of Taiwan

    Foxconn founder running for president of Taiwan Foxconn Technology Group founder Terry Gou announced his intention to run in Taiwan’s presidential election as an independent, deepening competition among the opposition contenders for the job. Gou declared his candidacy for the vote in January...
  14. Vorastra

    Saudi Education Ministry directive for 2 weekly Chinese language classes

    https://saudigazette.com.sa/article/635154
  15. Hanno Labuschagne

    At least 500 government facilities getting backup power from China — Ramokgopa

    At least 500 government facilities getting backup power from China — Ramokgopa At least 500 public facilities around the country are set to benefit from a donation from China which will allow them to have uninterrupted alternative power supply and shield them from the effects of load shedding...
  16. Hanno Labuschagne

    North Korea's state airline flies internationally for first time since 2020

    North Korea's state airline flies internationally for first time since 2020 North Korea’s state airline made its first international trip since the start of the Covid pandemic, in a sign of easing border restrictions that could repatriate its stranded nationals abroad and increase trade with...
  17. Hanno Labuschagne

    Tesla rolls out "cheaper" Model S and Model X

    Tesla rolls out "cheaper" Model S and Model X Tesla Inc. has added two lower spec versions of its less popular Model S and X electric vehicles in the US and Canada, slashing the price by $10,000 (R190,821) as competition intensifies. The cheaper versions come with less range and slightly...
  18. Hanno Labuschagne

    Tesla cuts EV prices in China again

    Tesla cuts EV prices in China again Tesla Inc. rolled out a new round of price cuts in China, sending auto stocks tumbling on concerns the move will respark a bruising price war that had showed signs of abating. The automaker reduced the price of the top-end Long-Range and Performance versions...
  19. Hanno Labuschagne

    Chinese EV startup with 1,000km batteries plans to go public

    Chinese EV startup with 1,000km batteries plans to go public A Chinese maker of long-range electric vehicle batteries — including one capable of going 1,000 kilometres on a single charge — plans to go public as soon as 2025 as it banks on automakers embracing next-generation cells in the race...
  20. Hanno Labuschagne

    Qualcomm shares plummet as smartphone sales stumble

    Qualcomm shares plummet as smartphone sales stumble Qualcomm Inc., the largest maker of smartphone processors, fell as much as 8.2% in late trading after giving a tepid sales forecast for the current quarter, indicating that demand for mobile devices remains weak. Sales will be $8.1 billion to...
  21. Hanno Labuschagne

    Foxconn spending billions to expand iPhone manufacturing in India

    Foxconn spending billions to expand iPhone manufacturing in India Apple Inc.’s main supplier, Foxconn Technology Group, plans to increase its investments to more than $1.2 billion (R21.46 billion) in southern India’s Karnataka state and add two component factories there, expanding a steady...
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