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Smartphone giant Honor names Huawei veteran to lead firm as CEO George Zhao Ming resigns

Chinese smartphone giant Honor’s long-standing chief executive, George Zhao Ming, has resigned owing to personal reasons, according to the company,…

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New Business

Nvidia CEO skips Trump’s inauguration for Lunar New Year Asia visit, source says

Nvidia CEO Jensen Huang is expected to miss the inauguration of US president-elect Donald Trump on January 20, bucking a…

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New Business

Apple trails Huawei, Vivo in China smartphone market in 2024, iPhone leads fourth quarter

Apple recaptured the top spot in China’s smartphone market in the fourth quarter, but it fell to third place in…

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New Business

Alibaba studio pulls top game from Vivo’s app store after similar move by Tencent

Alibaba Group Holding’s video gaming unit will withdraw its flagship mobile title from the app store of smartphone maker Vivo,…

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New Business

Apple forms Shanghai data-processing venture as AI push in China still in limbo

Apple has formed a new data-processing venture in Shanghai, according to business registry information, as the US tech giant’s bid…

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New Business

Apple’s pricey iPhones out of China’s new subsidy scheme as ceiling capped at US$818

Apple’s latest iPhone models are mostly excluded from China’s new subsidy scheme for boosting domestic consumption, giving domestic smartphone makers…

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New Business

Chinese smartphone maker Honor targets Indonesia’s growing appetite for premium handsets

Shenzhen-based Honor, which was spun off in 2020 as an independent company by Huawei Technologies, expects to launch more than…

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New Business

PDD’s Chinese-American billionaire investor Duan Yongping heaps praise on Temu

Chinese-American billionaire and low-key entrepreneur-investor Duan Yongping publicly praised e-commerce giant PDD Holdings’ Temu for its marketing success, highlighting the…

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New Business

Apple, smartphone peers lose ground in China market amid Huawei comeback

The market share of foreign smartphone brands in China, mainly Apple, has plunged by nearly half from a year ago,…

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New Business

Apple agrees to pay US$95 million to settle Siri eavesdropping lawsuit

Apple has agreed to pay US$95 million to settle a lawsuit accusing its digital assistant Siri of listening in on…

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