Silhouettes of smartphone users are seen next to a screen projection of the Instagram logo in this picture illustration.  Photo: Reuters

Instagram launch of Twitter rival ‘Threads’ expected on Thursday

Instagram’s Twitter-like rival is expected to launch on Thursday, as parent Meta Platforms seeks to take advantage of Twitter’s problems since the social media service was taken over last year by Elon Musk.

57 minutes ago

Denza, BYD’s JV with Mercedes-Benz, launches second EV

Shenzhen Denza New Energy Automotive, the electric-vehicle (EV) venture between BYD and Mercedes-Benz, has launched a mid-sized sport-utility vehicle (SUV) in China to take on premium models assembled by the likes of BMW and Audi.

Shenzhen Denza New Energy Automotive, the electric-vehicle (EV) venture between BYD and Mercedes-Benz, has launched a mid-sized sport-utility vehicle (SUV) in China to take on premium models assembled by the likes of BMW and Audi.

3 Jul 2023 - 10:23PM

China’s biggest AI conference this week has lost its shine among US tech giants

Chinese tech giants are the main attraction at the three-day World Artificial Intelligence Conference in Shanghai, as US firms maintain their distance.

Chinese tech giants are the main attraction at the three-day World Artificial Intelligence Conference in Shanghai, as US firms maintain their distance.

3 Jul 2023 - 9:32PM

Keep large language models ‘in a cage’ at first, says Chinese entrepreneur

Large language models, the underpinning technology behind ChatGPT-like services, were still ‘unreliable’ and should be kept separate from existing products, a cybersecurity expert says.

Large language models, the underpinning technology behind ChatGPT-like services, were still ‘unreliable’ and should be kept separate from existing products, a cybersecurity expert says.

3 Jul 2023 - 6:30PM

BYD sets new monthly sales record as China’s EV market surges back to life

The world’s biggest electric-car maker sold more than a quarter of a million units in June, beating the record it set a month earlier in the latest sign that a recovery in mainland China’s EV industry is on a solid footing.

The world’s biggest electric-car maker sold more than a quarter of a million units in June, beating the record it set a month earlier in the latest sign that a recovery in mainland China’s EV industry is on a solid footing.

3 Jul 2023 - 2:30PM

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People walk at the Link & Co company booth during the second press day of the 20th Shanghai International Automobile Industry Exhibition in Shanghai on April 19, 2023. China’s auto industry, an electric vehicles in particular, are seen as a bright spot in global semiconductor demand. Photos: EPA-EFE

Top chip design tool makers see growth ahead in China’s car market

Executives from chip design software firms commented at Semicon China last week about China’s leading position in electric cars.

3 Jul 2023 - 8:00AM

China’s internet firms see profits leap by nearly 50 per cent through May

The leap in profits came with a nearly 3 per cent uptick in revenue for China’s internet industry, improving from the 1 per cent decline for 2022.

The leap in profits came with a nearly 3 per cent uptick in revenue for China’s internet industry, improving from the 1 per cent decline for 2022.

2 Jul 2023 - 7:00PM

China’s Tesla rivals see sales jump in June, as demand for EVs rebounds

The three main Chinese electric-car makers enjoyed a surge in sales buoyed by pent-up demand after months of lacklustre demand, boding well for an industry vital to the country’s economic recovery.

The three main Chinese electric-car makers enjoyed a surge in sales buoyed by pent-up demand after months of lacklustre demand, boding well for an industry vital to the country’s economic recovery.

2 Jul 2023 - 6:00PM

Tencent apologises for ‘misunderstandings’ on higher WeChat Pay fees in colleges

Tencent has apologised for ‘misunderstandings and confusion’ and pledged to maintain its zero-rate policy for non-profit payments.

Tencent has apologised for ‘misunderstandings and confusion’ and pledged to maintain its zero-rate policy for non-profit payments.

1 Jul 2023 - 7:00AM

Hong Kong and mainland agree to cross-border data deal after new rules in China

The Cyberspace Administration of China and Hong Kong’s tech bureau agreed to draft rules on cross-border data two years after Beijing tightened its grip on data flows.

The Cyberspace Administration of China and Hong Kong’s tech bureau agreed to draft rules on cross-border data two years after Beijing tightened its grip on data flows.

30 Jun 2023 - 9:30PM

In China, a debate on whether money can be made from ChatGPT fever

An online back-and-forth between a venture capitalist and a well-known Chinese entrepreneur has stoked debate about the business potential of LLMs.

An online back-and-forth between a venture capitalist and a well-known Chinese entrepreneur has stoked debate about the business potential of LLMs.

30 Jun 2023 - 8:00PM

Chinese Tesla rival Xpeng prices G6 SUV 20 per cent below Model Y

Xpeng hopes its G6, with a starting price of US$29,000, can topple its US rival in China, where the Model Y is outselling other SUV models.

Xpeng hopes its G6, with a starting price of US$29,000, can topple its US rival in China, where the Model Y is outselling other SUV models.

29 Jun 2023 - 10:00PM

At Chinese chip conference, industry veterans have US sanctions top of mind

Experts and insiders at Semicon China in Shanghai were all discussing the implications of deglobalisation amid reports of looming new US sanctions.

Experts and insiders at Semicon China in Shanghai were all discussing the implications of deglobalisation amid reports of looming new US sanctions.

29 Jun 2023 - 10:00PM

South Korean tech giant Samsung skips MWC Shanghai 2023 trade show

Samsung’s conspicuous absence for unknown reasons at MWC Shanghai marks the first time the company has not taken part in this annual regional trade show since at least 2017.

Samsung’s conspicuous absence for unknown reasons at MWC Shanghai marks the first time the company has not taken part in this annual regional trade show since at least 2017.

29 Jun 2023 - 9:00PM

Chinese chip maker YMTC sees ‘turbulence and disorder’ in semiconductor industry

YMTC chairman Chen Nanxiang said ‘significant uncertainties’ lie ahead, as the chip industry’s industrial harmony and balance have been disrupted by geopolitical tensions.

YMTC chairman Chen Nanxiang said ‘significant uncertainties’ lie ahead, as the chip industry’s industrial harmony and balance have been disrupted by geopolitical tensions.

29 Jun 2023 - 8:12PM

Amid intensifying tech war, 1 US chip design firm sees opportunity in China

US semiconductor IP provider SiFive is promoting its processor cores to chip designers in major Chinese cities this week, tapping into enthusiasm for the open-source RISC-V architecture.

US semiconductor IP provider SiFive is promoting its processor cores to chip designers in major Chinese cities this week, tapping into enthusiasm for the open-source RISC-V architecture.

29 Jun 2023 - 8:23PM

Alipay applies for patent on palm payments to rival Tencent’s WeChat

The technology involves the use of palm recognition in payments using mobile phones and other devices, according to the patent manual released this week.

The technology involves the use of palm recognition in payments using mobile phones and other devices, according to the patent manual released this week.

29 Jun 2023 - 7:00AM

Foxconn’s Zhengzhou iPhone plant ramps up hiring for peak season

The hiring spree at Foxconn comes amid promising signs that China will remain a key manufacturing base for Apple, which has been diversifying its supply chain.

The hiring spree at Foxconn comes amid promising signs that China will remain a key manufacturing base for Apple, which has been diversifying its supply chain.

28 Jun 2023 - 10:30PM

China’s digital yuan office was too generous in pay rises, audit finds

The Digital Currency Research Institute gave employees an average pay bump of 28 per cent in 2020, eight times the typical ceiling for government departments, and has since gone on a hiring spree.

The Digital Currency Research Institute gave employees an average pay bump of 28 per cent in 2020, eight times the typical ceiling for government departments, and has since gone on a hiring spree.

28 Jun 2023 - 9:30PM

China’s EV sales back on track as better cockpit tech lures young drivers

The recovery of China’s electric vehicle sector is likely to have picked up in June as young customers looking for intelligent features like autonomous driving and AR bought their long-coveted electric cars.

The recovery of China’s electric vehicle sector is likely to have picked up in June as young customers looking for intelligent features like autonomous driving and AR bought their long-coveted electric cars.

28 Jun 2023 - 8:02PM