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Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

Apple’s main contract manufacturing partner, Foxconn Technology Group, said it expects revenue to grow in the current quarter and for…

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Tech

Xiaomi gains share in Latin America, Japan, India amid heated smartphone rivalry in China

Xiaomi, mainland China’s fifth-largest smartphone vendor by sales, is taking big market shares in several regions and countries – including…

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Tech

Foxconn adds 50,000 workers in Zhengzhou plant as it prepares for Apple’s iPhone 16 launch

Foxconn is hiring more shift workers with higher wages at the world’s largest iPhone factory in the Henan provincial capital…

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Tech

Tencent super app WeChat strikes fine balance as everyday tool and public-service platform

Super app WeChat, operated by video gaming and social media giant Tencent Holdings, continues to strike a delicate balancing act…

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Tech

Xiaomi to adopt Google’s Gemini AI model on next flagship smartphone for overseas markets

“Thrilled to collaborate with Google on upcoming Xiaomi flagship devices for international markets,” Xiaomi founder, chairman and chief executive Lei…

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New Business Jobs

China’s supply chain under scrutiny amid report HP shifting more PC production overseas

United States-based personal computer giant HP said it remains committed to its operations in China after denying a report that…

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Tech

TikTok owner ByteDance revs up nascent market for Sora-style services with Jimeng AI app

A screenshot of sample videos generated by ByteDance’s Jimeng artificial intelligence service from a mainland app store. Photo: SCMP The…

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New Business Jobs

Apple, Nvidia lead sell-off as stock markets plunge on US recession fears

US stock futures sunk as investors’ concerns deepened over a slowing US economy and an overheated rally in the tech…

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New Business Jobs

Opinion | The great stock market reset is on its way

Such questions may seem frivolous or abstract when markets are inflating rapidly but they take on critical importance once things…

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Tech

Apple CEO Tim Cook confident in China over long term despite second quarter sales drop

Apple’s China sales fell in the June quarter, and although chief executive Tim Cook was optimistic about prospects over the…

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