Revolutionary Event Unveils Global Short Video Trends and Business Opportunities FastMoss, a leading TikTok data analytics platform, is thrilled to announce the FastMoss Global Short Video Conference & Expo (FGVCon), a revolutionary two-day event set to take place from January 18th to January 19th, 2024, at the Shenzhen Convention and Exhibition Center. FGVCon transcends borders […]
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BOE’s light leakage issue poses challenge in expanding OLED panel supply for Apple: report
A recent report by Taiwanese media outlet DigiTimes suggests that Chinese panel manufacturer BOE is facing challenges in expanding its OLED (organic light-emitting diodes) supply for Apple’s iPhone 15 models, primarily due to light leakage issues. Why it matters: If BOE fails to address the light leakage problem, there is a high possibility that they […]
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ByteDance to reduce stock in e-book reader Zhangyue for the third time in 2023
TikTok parent ByteDance intends to sell 4.389 million shares in Zhangyue, the owner of the digital reading platform iReader, marking its third stock setback since becoming the company’s third-largest shareholder in 2020. Currently, ByteDance holds a 7.49% stake in Zhangyue. This recent divestment follows a nearly 15% surge in Zhangyue’s shares over the past two […]
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Volkswagen-backed Gotion begins EV battery manufacturing in Thailand
Chinese electric vehicle battery maker Gotion High Tech said on Thursday that the first locally-made battery pack has rolled off assembly lines in the facility it partners on with state-owned energy giant PTT in Thailand’s Rayong province. The news marks the beginning of local manufacturing in Southeast Asia’s second biggest economy for the Volkswagen-backed battery […]
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Decade of innovation: Pete Lau reflects on OnePlus’s tenth anniversary
On Dec. 5, 2023, Liu Zuohu, the founder of OnePlus (now Senior Vice President at Oppo), held a press conference to mark the Chinese mobile phone brand’s tenth anniversary where he answered a series of screened questions from netizens, posted on the social media platform Weibo. These questions led Liu to offer a retrospective on OnePlus’s entrepreneurial history, discuss its brand positioning, and evaluate some of its classic products from the last decade.
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Kuaishou to increase focus on property business in recent overhaul: report
Kuaishou, the operator of its eponymous short video platform, is currently undergoing its biggest organizational overhaul in a year, encompassing core business lines such as the main site, e-commerce, and commercialization sectors, as reported by the local outlet Jiemian on Monday. As part of this restructuring, the former local consumption department is poised to be […]
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Geely’s Zeekr to unveil custom EV batteries on Dec. 14
On December 14, China’s Zeekr will unveil the first battery pack custom-designed by the electric vehicle maker in a ceremony emphasizing its scale, vertical integration, and expertise. The event will take place at a production base in the eastern Chinese city of Quzhou. While Zeekr provided no further details on the Twitter-like platform Weibo, sources […]
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Tesla China restarts factory expansion, readies for Megapack battery sales: report
Tesla is preparing for a major expansion of the Gigafactory Shanghai, its core electric vehicle production facility in China, in a move that looks set to enable the US automaker to bring out its long-rumored budget compact hatchback, local media has reported. The company is also said to be readying to supply Chinese clients with […]
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Tencent’s Honor of Kings maintains top spot in global mobile game revenue for November
Tencent’s multiplayer online battle arena game, Honor of Kings, claimed the top spot in global mobile game revenue for November, reaching approximately $100.8 million, as reported by mobile market intelligence firm AppMagic. Meanwhile, Tencent’s battle royale game, PUBG Mobile, secured the fourth position with a monthly revenue of around $80 million. Genshin Impact, an action […]
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Chinese audio giant Ximalaya denies reports of 30% layoff amid cost cutting
Chinese audio-sharing platform Ximalaya has said a report on its plan to lay off 30% of its workforce, with product and operation employees hit the hardest, is “baseless and completely untrue,” according to local media outlet Jiemian. Ximalaya claimed the company is currently undergoing regular organizational restructuring and recruitment efforts are also underway. The industry-leading […]