Honor IPO advances, as new chief talks up its AI credentials
The former Huawei unit that became an independent smartphone brand in 2020 has taken an important step towards an IPO on China’s A-share market that could come next year Key…
Huawei turns up HarmonyOS volume with launch of PC edition
The company’s latest rollout comes as it tries to convince more app developers to make versions of their products for its operating system Key Takeaways: Huawei has launched PCs powered…
JL Mag fortified by strategic status of rare earths in U.S.-China trade war
The state-owned maker of rare earth magnets reported strong profit growth in the first quarter, reversing two years of declines Key Takeaways: As a maker of rare earth magnets that…
BRIEF: Xiaomi to raise $6 billion in share placement
Smartphone maker Xiaomi Corp. (1810.HK) announced on Tuesday that it would place 800 million existing shares and a top-up subscription of new shares for HK$53.25 per share, raising HK$42.6 billion…
ATRenew launches major store expansion to raise service accessibility, company profile
The recycling specialist said it plans to nearly triple its national network of brick-and-mortar AHS Recycle stores to 5,000 over the next three years Key Takeaways: ATRenew has launched a…
AAC Technologies scores big turnaround. But is its stock running out of steam?
Surging smartphone sales helped to power the acoustic component supplier to turbocharged profit growth last year, but the stock failed to rally strongly on the news Key Takeaways: AAC Technologies…
BRIEF: Alibaba to develop AI-powered iPhone with Apple for China
Alibaba Group Holding Ltd. (BABA.US; 9988.HK) and Apple Inc. (AAPL.US) have reportedly agreed to jointly develop and produce an iPhone equipped with artificial intelligence (AI) capabilities for the Chinese market,…
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