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CXMT plans second chip plant in Beijing and is in talks on its funding, sources sayChina's largest chipmaker CXMT is planning a new memory-chip plant in Beijing. This facility would be built in the Yizhuang area where anot...- Smartphone retailers urge brands to end zero-cost EMI schemes to make handsets more affordableThis is because zero-interest payment plans cost smartphone brands 17-19% of the product price which they bake directly into retail price o...
- Global Market: Zhongji Innolight shares slip in Hong Kong debut after record $6.8 billion IPOChinese optical component maker Zhongji Innolight fell up to 8% in its Hong Kong listing debut on Thursday after raising HK$53.4 billion ($...
- Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
- China's CXMT targets global DRAM giants with record $8.5 billion IPOChinese DRAM maker ChangXin Memory Technologies is throwing its hat into the ring with a roughly $8.5 billion initial public offering as it...
- India's smartphone shipments fall 10% in Q2, biggest June-quarter drop in six yearsIndia's smartphone shipments saw a significant ten percent decline year-on-year. Rising memory prices forced brands to increase handset pri...
- Samsung in rejig mode to boost India play: Company to remove overlapping functions across TV & home appliances unitsSamsung is restructuring its Indian operations to improve profitability in home appliances. This move follows pressure from slowing smartph...
- Atharva Polyplast, Seemax Resources among 6 SME IPOs set to debut on bourses today. Check detailsSix SME IPOs are set to debut on the stock exchanges today, with Atharva Polyplast, Seemax Resources, Sampark India Logistics and Kratikal ...
- Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminiumLuxury carmakers Ferrari and BMW are embracing aluminium wiring, following Tesla and Chinese EV manufacturers. This significant industry sh...
- Alternatives to OpenAI, Anthropic: With US prime AI off the table, India opts for fine ChinaChinese open-source models, already popular among startups due to lower costs, may now make their way to large enterprises looking to avoid...
- India among top AI-ready nations, one of world's least concentrated equity markets: J.P. MorganIndia has emerged as one of the top countries in artificial intelligence (AI) readiness, trailing only the U.S. and China, while remaining ...
- A German and a Chinese walk into a hot Indian corporate battlegroundIndia's consumer durables market is heating up as global giants like Bosch enter the mass segment and tech firm Xiaomi expands into large a...
- Xiaomi 17T review: Value smartphone done rightThe Xiaomi 17T strikes a balance between performance and camera capabilities, offering a well-rounded premium smartphone experience. While ...
- Hot wheels got intelligent: Carmakers are device-fying, and tech companies making cars are bringing their world view with themThe automobile is transforming into a smart device. Traditional carmakers face a challenge as software and data become more valuable than h...
- Global smartphone market faces record annual decline as chip crunch worsensThe global smartphone market faces its biggest annual drop ever. Shipments are expected to fall by nearly 14 percent this year. This is due...
- Xiaomi brings in South Asia head to revive Indian operationsChinese smartphone maker Xiaomi is bringing in Alexander Tang to head its India business as it looks to revive falling market share and imp...
- China's Xiaomi Q1 profit sinks 43% on higher memory chip costsXiaomi's first-quarter net profit saw a significant 43% drop. High memory chip costs pressured its smartphone sales. The company is investi...
- Competition heats up in India’s smartphone manufacturing sector as PLI winds downIndia's Android smartphone manufacturing is heating up. As a key government scheme concludes, companies are competing fiercely on price. Br...
- China Xiaomi's market value soars by up to $7.6 bln on EV launchXiaomi's shares rose 16% following the launch of its electric vehicle, the SU7. Despite strong interest with 88,898 pre-orders, Citi Resear...
- One theory why Xiaomi's stock buyback hasn't sparked a reboundThe Chinese smartphone maker said it’s bought almost 20 million of its Class B shares since Jan. 17.
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