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Meituan reports robust revenue, profit growth in second quarter on ‘value for money’ approach

China’s largest on-demand service provider Meituan reported on Wednesday a 21 per cent jump in second-quarter revenue, bolstered by steady…

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Tech

Warren Buffett’s Berkshire Hathaway tops US$1 trillion, joining tech firms, Apple, Nvidia

The market value of Berkshire Hathaway surpassed US$1 trillion on Wednesday, reflecting investor confidence in the conglomerate that Warren Buffett…

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Tech

China’s new radio frequency rules will block the sale of some wireless chargers from Apple

China’s new radio frequency rules will block the sale of some wireless chargers from Apple Chinese regulators plan to ban…

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Tech

Chinese smartphone brand Realme targets 100 million AI handset shipments in 3 years

Chinese smartphone maker Realme aims to ship 100 million artificial intelligence (AI) handsets in the next three years, according to…

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Tech

Apple plans to unveil iPhone 16 series on September 10, along with new AirPods and Watches

Apple is planning to hold its biggest product launch event of the year on September 10, when the company will…

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Tech

Opinion | Why Apple’s iPhone is losing its shine in China

Since its debut more than 17 years ago, Apple’s iPhone has been more than a smartphone in the eyes of…

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Tech

ByteDance’s CapCut, Doubao top global AI app downloads, outpacing ChatGPT: report

Video-editing app CapCut recorded 38.42 million downloads in July, while chatbot Doubao achieved 27.45 million downloads to outperform OpenAI’s ChatGPT,…

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Tech

World’s largest iPhone factory loses momentum amid supply chain diversification away from China

The world’s largest iPhone factory, in the central Chinese city of Zhengzhou, is offering higher bonuses to attract workers needed…

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New Business

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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