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...Additional reporting by Wenjie Ding in Beijing and Arjun Neil Alim in Berlin...
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...Additional reporting by Wenjie Ding in Beijing and Edward White in Shanghai...
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...One is its partnership with state-owned Beijing Automotive Group Co to produce the EVs, which gives it an edge in manufacturing....
...The Chinese car market has become hyper-competitive with a slowing economy, a price war and new, low-cost cars launched by tech conglomerates Huawei and Xiaomi....
...Several Chinese handset makers, including Honor, Oppo and Xiaomi, are following the trend....
...In particular, Chinese manufacturer Transsion — whose brands Tecno, Infinix and itel have made it Africa’s dominant smartphone company — grew 30.8 per cent last year, putting it in the top five behind Xiaomi...
...“Buying a gasoline-powered car at the moment is like buying a pager when mobile phones are available,” he said when the EV group launched of a new version of the brand’s two hybrid models with a starting...
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...Chinese companies have taken stakes in ports across Latin America, as well as building 5G mobile networks, major roads and bridges and space monitoring stations....
...Every other big smartphone maker has followed Samsung into the market, including Google’s Pixel Fold and Chinese alternatives from Huawei, Oppo and Xiaomi....
...Its shares have lost 80 per cent of their value since Beijing cancelled sister group Ant’s initial public offering two years ago....
...While likely to provide some relief for consumers by lowering the input prices for new electric cars and mobile phones, the market downturn is causing pain for cobalt producers such as Glencore, which has...
...The entrepreneur had instituted “absolutely aggressive cost control”, said Christoph Weber at Swiss software group AutoForm....
...Giving up the console fight to concentrate on software could be taken as a huge victory for Japan....
...The software company made an early bet on ChatGPT-maker OpenAI and quickly embedded its AI-powered CoPilot service into most of its main software products....
...After focusing on manufacturing rechargeable batteries, including for mobile phones, the company expanded into the car industry in the early 2000s....
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...Companies producing everything from EV chassis and autonomous driving software to the cobalt and nickel used in batteries are hoping to find overseas partners, despite US and European angst over the rise...
...Additional reporting by Ryan McMorrow in Beijing...
...The British tech entrepreneur faces fraud charges over the $11bn sale of his software company Autonomy to Hewlett-Packard in 2011 China: February year-to-date retail sales and industrial production figures...
...Delays getting sign-off in Beijing forced US chipmaker Broadcom and cloud software company VMware to postpone completion of their $69bn merger, which had been scheduled to close on October 30, write the...
...“A race is on worldwide to succeed in the solid-state battery space,” says Peter Bruce, co-founder and chief scientist of the Faraday Institution, a British battery research institute....
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