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...After welcoming German Chancellor Olaf Scholz outside the Great Hall of the People in Beijing on Tuesday, China’s second-ranked official Li Qiang gave his guest a lecture on basic economics....
About 14,000 jobs set to go as brutal price war and EV slowdown hit US automaker
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...“This places huge pressure on BYD and Li Auto, the perennial leaders in the PHEV category, to defend their share,” said Automobility founder Bill Russo....
...Li Yunfei, general manager of branding and public relations at BYD, said in a recent social media post that the company was starting “a grand showdown with gas cars”....
US carmaker reclaims crown as world’s largest seller of battery electric cars after Chinese rival suffers bigger drop
.... ©2024 Nikkei Inc. All rights reserved....
...Delegate Li Yanfeng from Guangxi said her phone was manufactured by Huawei. “I trust domestic brands, using them was a uniform request.”...
...world’s two leading telecom equipment suppliers, are following their Chinese rival Huawei Technologies in stepping up their chip design capabilities to better compete in the 5G era, Nikkei Asia’s Lauly Li...
...The FT’s China tech correspondent Ryan McMorrow looks at chief executive Robin Li’s latest venture, in artificial intelligence, and whether this will be enough to turn the company around....
...offer Taiwan Semiconductor Manufacturing Co, the chip powerhouse making key AI chips and processors for Nvidia, Apple and AMD, some $6.6bn in grants, Nikkei Asia’s Ken Moriyasu, Cheng Ting-Fang and Lauly Li...
...In a speech at the World Economic Forum in Davos, Premier Li Qiang said on Tuesday that China’s gross domestic product grew an “estimated” 5.2 per cent last year....
...Li, who is often referred to as China’s Elon Musk, has sparked division among investors and analysts....
...Hacking Inc....
...considering building a substrate manufacturing facility in Penang, Malaysia, potentially joining a string of companies moving into the country’s resurgent chip supply chain, writes Nikkei Asia’s Lauly Li...
...“I think they will continue to do so next year, doubling down on the green transition capex investment,” Xing added....
...If TikTok is banned, it will dent Yass’s fortune, said Li Chengdong, head of internet think-tank Haitun....
...Li, of U-Power, is among Chinese EV executives who want their companies to be seen as “global”....
...This slowdown will have profound implications not only for the commercial side of the chip industry but also for geopolitics, Nikkei Asia’s Cheng Ting-Fang and Lauly Li write....
...“When clients threaten to drop orders,” Xing said, “we have to say yes.” Additional reporting by Thomas Hale in Shanghai...
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