iQiyi slashed the daily rental price of its XR virtual production system to as low as RMB 35,000 from RMB 160,000, effective June 1. The move aims to lower cost barriers for creators as virtual ...

Eswin Computing, a leading Chinese RISC-V chip provider led by BOE founder Wang Dongsheng, filed for a Hong Kong IPO on May 30. The firm derives most of its revenue from smart terminal solutions and ...

Ant Group’s AI health assistant has become the first product to pass China’s trusted model review for medical applications, according to CAICT. Launched in September 2024, the service is said to ...

US investors are rushing to license drugs from China as the country’s biotech sector gains global clout. Nearly 30% of recent pharmaceutical licensing deals involved Chinese firms, up sharply from ...

Synopsys halted sales, services, and support in China from May 29 after receiving new US export restrictions. The freeze affects all users in China, including global clients' local operations. The ...

The company’s neural imaging engine launches in GAC’s Hyptec HL model, signaling its entry into vehicle-based AI applications ...

Malaysia and China agreed to deepen cooperation across key areas including AI, trade, and green energy. Leaders from both ...

Xpeng Motors delivered 33,525 vehicles in May 2025, up 230% YoY and marking its seventh straight month topping 30,000 units. Year-to-date deliveries reached 162,578, a 293% increase. The company also ...

RoboSense posted record Q1 2025 revenue of RMB 581 million, up 36.4% YoY, as LiDAR demand rose with broader smart driving adoption. The firm shipped over 72,000 units and saw gross profit climb 42.6% ...

BYD sold 382,476 vehicles in May 2025, its strongest month this year, after discounts of up to 34% drove a surge in demand. Battery EVs outpaced hybrid models for just the second time in 2025, ...

Nio delivered 23,231 vehicles in May 2025, up 13.1% YoY. The total includes 13,270 units under the Nio brand, 6,281 from Onvo, and 3,680 from Firefly. Year-to-date deliveries by the Chinese EV maker ...

Apple’s iPhone shipments in China are expected to fall 1.9% in 2025, IDC said, as the company faces mounting pressure from Huawei, AI rollout delays, and exclusion from a key subsidy program. While ...