Baidu does infrastructure

BRIEF: Ubtech wins humanoid robot contracts

Robotics maker Ubtech Robotics Corp. Ltd. (9880.HK) said on Sunday it won contracts to supply its Walker S1 and Walker C embodied intelligent humanoid robots for use in automobile production…
Robotaxis are AI powered

BRIEF: Tianqi Lithium returns to profit in first quarter

Lithium miner  Tianqi Lithium Corp. (9696.HK; 002466.SZ)announced on Wednesday it expects to report a net profit of between 82 million yuan($11.24 million)and 123 million yuan for the three months through March,…
Robotaxis are AI powered

BRIEF: Kingsoft Office’s first-quarter profit climbs 10%

Kingsoft Corp. Ltd. (3888.HK) said on Wednesday that its Beijing Kingsoft Office Software Inc. (688111.SH) subsidiary’s revenue rose 6.2% year-on-year to 1.3 billion yuan ($1.78 million) in the first quarter,…
Robotaxis are AI powered

BRIEF: ZTE’s profit sags in first quarter

Telecoms equipment maker ZTE Corp. (0763.HK; 000063.SZ) said on Tuesday its revenue rose 7.8% year-on-year to 33 billion yuan ($4.51 billion) in the first quarter, but its net profit declined…
Baidu does infrastructure

BRIEF: Gogox logs HK$1 million profit on fund investment

Intra-city logistics provider Gogox Holdings Ltd. (2246.HK) said on Tuesday it redeemed a fund investment worth HK$66.18 million($8.53 million), citing a defensive strategy for the decision to sell just months…