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THE LATEST

Xiaomi updates budget Redmi Note series with new core specs
Chinese smartphone maker Xiaomi released the new Redmi Note phones on Tuesday, marking a further…

Xpeng’s first-quarter net loss widens, expects slow second-quarter revenue
Xpeng is joining a long list of Chinese tech companies facing a challenging quarter with…

Drive I/O | Shanghai automakers hit by lockdowns, China’s new push for driverless cars
Automakers in China is struggling to regain the momentum lost during a citywide lockdown in…

Tencent expands layoffs in bid to reduce losses: report
Tencent reportedly has expanded layoffs, focusing on five sectors: cloud computing, gaming, advertising, and content,…

Xpeng, Li Auto rescind jobs offered to new college grads: reports
Chinese EV companies like Xpeng and Li Auto are adopting more conservative hiring practices as…