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According to a report from Radio Taiwan International, citing South China Morning Post, price wars in China's automotive industry have intensified due to fierce competition and overcapacity. The report notes that with the Chinese government’s subsidy of RMB 20,000 for car replacements set to ex...
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According to a report by TechCrunch, citing The Information, despite U.S. government efforts to restrict Chinese companies from accessing cutting-edge chips, sources cited in The Information reveal that ByteDance, the Chinese parent company of the popular short video platform TikTok, plans to inves...
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According to a report from Economic Daily News, citing Chinese media outlet Jiemian News, Xiaomi is working on building its own 10,000 GPU cluster and currently heavily investing in AI large models. The company established its AI large model team in April 2023, with 1,200 R&D personnel led by CE...
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As the Apple Vision Pro debuted on the market in 2024, it quickly captures a 5% share, making it the third-largest player in the VR/MR segment, as noted by TrendForce. However, Apple Vision Pro’s sales in China have reportedly fallen short of expectations, while AR glasses are thriving. Accordi...
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According to a report from TechNews citing Financial Times, Meta is accelerating its development of AR devices to compete with Apple, Google, and others. The company plans to add a display layer to its Ray-Ban Meta glasses, as the report notes. Meta has partnered with Ray-Ban’s manufacturer, Es...