Drone food delivery orders rise in China during Spring Festival
According to state-owned media CCTV Finance, many people have recently noticed that their food delivery orders are being delivered by drones. At Yitia...
2025-07-12
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Toyota China reports sales fall, pushes for restructuring
Toyota maintained its title as the world’s largest automaker in 2024, reporting sales of more than 10.8 million cars, but its sales in China felll by ...
2025-07-12
OpenAI’s first AI chip to tape out at TSMC in first half of the year: report
To reduce its reliance on NVIDIA and other AI chip suppliers, OpenAI is expected to have its first in-house AI chip taped out at TSMC in the first hal...
2025-07-12
Temu preparing to enter South Korean market, build logistics system
Chinese e-commerce giant PDD’s cross-border platform Temu is reportedly preparing to enter the South Korean market, according to Yonhap News Age...
2025-07-12
China’s Xpeng Motors said to launch its own car accident insurance for assisted driving systems
China’s Xpeng Motors will soon begin selling its own insurance products which will be custom designd with a top insurer to better account for damages ...
2025-07-12
DeepSeek-V3 ends promotional pricing, updates API service rates
DeepSeek-V3’s 45-day promotional pricing period for its API service will end on Feb. 8, with new pricing set to take effect on Feb. 9. Under the...
2025-07-12
Mercedes-Benz rolls out cost-cutting programs in China
Mercedes Benz is making new cost-cutting efforts in China, including redesigning its performance evaluation system for local employees and cutting pro...
2025-07-12
Elon Musk comments on China’s DeepSeek at WELT summit
Elon Musk has praised the Chinese team behind DeepSeek, stating, “You can expect that they will do many great things, DeepSeek being one of them...
2025-07-12
Shareholders of China’s state-owned automakers Changan and Dongfeng mull restructuring
Changan Automobile and Dongfeng Motor said on Sunday their respective controlling shareholders – China South Industries Group Corporation and Dongfeng...
2025-07-12