Ecarx loss widens on soaring memory prices
Digital cockpit maker Ecarx Holdings Inc. (ECX.US) on Wednesday reported its revenue rose 10% year-on-year to $241 million in the third quarter, but its loss widened considerably due to rising…
Direct Drive forms partnership with South Korea’s Everybot
Robotics technology company Direct Drive Tech Ltd. (6731.HK) said on Tuesday that it has formed a strategic partnership with South Korean robotic mop maker Everybot Inc. (270660.KS) to jointly develop…
DeepZero announces strategic partnership with Baidu
AI-based marketing services provider Beijing DeepZero Technology Co. Ltd. (2723.HK) said on Monday it has entered into a strategic partnership to develop intelligent services with a unit of internet search…
Xizhi Technology prepares for A-share listing
Optical interconnect and computing company Shanghai Xizhi Technology Co. Ltd. (1879.HK) announced on Monday that its board approved the appointment of Guotai Haitong Securities as the tutoring institution for a…
Adaspace cleared to become Hong Kong’s first AI satellite IPO
Commercial aerospace company Adaspace Technology Co. Ltd. passed its Hong Kong listing hearing and published its post-hearing information pack on Oct. 29, putting it on track to become the stock…
Fibocom’s nine-month profit falls 44% as third-quarter adjusted profit plunges
Wireless module maker Fibocom Wireless Inc. (0638.HK; 300638.SZ) announced on Thursday that its revenue rose 10.72% year-on-year to 5.94 billion yuan ($892 million) in the first nine months of this…
Forex, unrealized investment losses weigh on Sanhua’s profit
Refrigeration component maker Zhejiang Sanhua Intelligent Controls Co. Ltd. (2050.HK; 002050.SZ) reported on Wednesday that its revenue rose 5.18% year-on-year to 25.27 billion yuan ($3.791 billion) in the first nine…
