ATRenew ups ESG commitment with ambitious carbon-reduction goals
The company boosted sales of pre-owned products last year, leading to a 26% increase in its annual revenue Key Takeaways: ATRenew handled sales of more than 35.3 million pre-owned smartphones…
INDUSTRY BRIEF: China smartphone shipments sink 4% in second quarter
Smartphone shipments in China fell 4% in the second quarter, ending six consecutive quarters of growth, as the effects of government subsidies started to fade and manufacturers cleared out inventory,…
With Indian production base taking shape, is BIEL Crystal headed for an IPO?
A strong trading debut for one of its peers in Hong Kong’s strongest IPO market in years could prompt the iPhone glass supplier to revive its previous listing plan Key…
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…
