Nvidia Adds $2 Trillion in Market Value in 2024
Nvidia surged to the forefront of market capitalization gains in 2024, with its value climbing over $2 trillion, driven by unprecedented demand for its AI-focused chips. The company’s market value…
Alipay Adds AI Image Search to Expand Its Super App Capabilities
Alipay has rolled out a new artificial intelligence-powered image search feature, solidifying its status as a leading super app in China. This feature, known as “Tanyixia” or “do a little…
Beijing Plans to Boost Driverless Vehicle Adoption in the Capital
China’s capital, Beijing, is setting the stage for a driverless future. On December 31, the city passed regulations to promote autonomous driving technology, aiming to eventually introduce driverless public buses…
Samsung Electronics Takes Majority Stake in Rainbow Robotics
Samsung Electronics has secured the largest shareholder position in Rainbow Robotics, a South Korean robotics company, as revealed in a regulatory filing on Tuesday. The tech giant acquired a 267…
Major Price Reductions on Huawei’s Premium Devices Shake Up Competition
Huawei Technologies has made aggressive price cuts on a range of high-end devices, including smartphones, foldable phones, tablets, headphones, and smartwatches. The reductions, announced via the company’s official Weibo account…
BYD Factory in Brazil Faces Human Trafficking Controversy
Brazilian labor authorities have alleged that 163 Chinese workers at a construction site for a BYD factory in Bahia are victims of human trafficking. The claims have escalated tensions surrounding…
Marvel Rivals Becomes a Holiday Hit on PC and Consoles
Marvel Rivals, the free-to-play superhero shooter developed by NetEase Inc. and Walt Disney Co., is making waves this holiday season. Released on December 5, the game has climbed to the…
China Plans World’s Largest Hydropower Dam in Tibet
China has greenlit the construction of the world’s largest hydropower dam on the eastern edge of the Tibetan plateau, setting the stage for a colossal infrastructure project that promises economic…
Hong Kong Start-Up Pons.ai Brings Personalised Avatars to Corporate Events
A Hong Kong-based start-up is bringing generative AI to corporate events with a novel approach: personalised avatars. Pons.ai, operating from the government-funded Science Park, offers an AI photo booth platform…
Li Auto Expands Vision to Include AI and Robotics
Li Auto, a leading Chinese electric vehicle (EV) maker often compared to Tesla, is making a bold pivot toward artificial intelligence (AI) and robotics. According to founder and CEO Li…
Seoul Semiconductor Wins German Court Case Against Signify
A German court has mandated the recall and destruction of certain products from Signify, a Netherlands-based lighting manufacturer, for infringing patents held by South Korea’s Seoul Semiconductor. The ruling, announced…
Japan Airlines Overcomes Cyberattack to Resume Ticket Sales
Japan Airlines Co. (JAL) announced the resumption of ticket sales for both domestic and international flights following a system malfunction attributed to a cyberattack on Thursday morning. The airline confirmed…
Honda Nissan Partnership Could Challenge BYD’s Global Dominance
Honda Motor Co’s proposed acquisition of Nissan Motor Co could provide the scale needed to challenge China’s BYD Co, sales data revealed Wednesday. The move highlights mounting pressure on Japanese…
Xiaomi Opens Its First Directly Managed Store in Singapore
Xiaomi has officially launched its first directly managed store in Singapore, located in Funan, on December 21, 2024. This marks a departure from its earlier distributor-operated outlets, as Xiaomi Singapore…
CES 2025 Brings AMD, NVIDIA, and Hyundai to the Las Vegas Spotlight
Tech enthusiasts and innovators are gearing up for CES 2025, set to kick off shortly after New Year’s Day in Las Vegas. The annual tech extravaganza promises an exciting lineup…
Japan Airlines Faces Cyberattack Delays Flights
Japan Airlines experienced a cyberattack on Thursday, causing disruptions to some domestic and international flights. The incident began at 7:24 a.m. (2224 GMT), impacting both internal and external systems, according…
Global Production Slows for Toyota Despite Rising Sales
Toyota Motor Corp. revealed that its global production dropped for the 10th consecutive month in November, manufacturing 869,230 vehicles—a 6.2% decrease compared to the same period last year. Despite this…
WuXi AppTec Offloads Gene Therapy Unit Amid Rising US Restrictions
WuXi AppTec, a prominent Chinese company listed on the Shanghai Stock Exchange, has announced the sale of its cell and gene therapy manufacturing unit, WuXi Advanced Therapies, to U.S.-based private…
India’s Satellite Constellation Plan Gains Interest from 30 Companies
India’s initiative to establish home-grown Earth observation (EO) satellite constellations has drawn interest from 30 companies, marking a significant step in reducing dependence on foreign data for critical applications like…
China’s Dahua Technology Ends Xinjiang Projects
China’s Zhejiang Dahua Technology, a leading video surveillance equipment manufacturer, announced its decision to exit five government projects in the Xinjiang region. According to a filing on Monday with the…