INDUSTRY BRIEF: Apple takes 2025 smartphone crown, Xiaomi finishes third
Apple (AAPL.US) was the world’s top smartphone seller in the fourth quarter, taking the crown from rival Samsung (005930.KS), as both companies recorded strong year-on-year growth. Meantime, Xiaomi (1810.HK) held…
BRIEF: JD Logistics to privatize Shanghai-listed Debon unit
JD Logistics Inc. (2618.HK) said on Tuesday it plans to privatize its Debon Logistics Co. Ltd. (603056.SH) unit from the Shanghai Stock Exchange by purchasing the remaining 20% of the…
BRIEF: RoboSense’s LiDAR sales nearly triple in fourth quarter
Autonomous driving technology maker Robosense Technology Co. Ltd. (2498.HK) said on Tuesday that its light detection and ranging (LiDAR) product sales reached 919,200 units in the fourth quarter, up 183%…
INDUSTRY BRIEF: China to scrap or lower export tax rebates for solar products, batteries
China will cancel or lower its export tax rebates for solar products and batteries from April 1, as it seeks to ease price wars that have wreaked havoc on both…
BRIEF: Voicecomm raises $40 million via share placement at 20% discount
IT solutions provider Voicecomm Technology Co. Ltd. (2495.HK) said on Monday it raised HK$311.1 million ($40 million) through the placement of 6.73 million new shares at HK$46.30 each, representing a…
BRIEF: GigaDevice springs in Hong Kong trading debut
Shares of integrated circuit (IC) designer GigaDevice Semiconductor Inc. (0501.HK) opened up 45% at HK$235 in their Hong Kong trading debut on Tuesday, and held on to most of the gains…
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