Greater China November 28, 2023 ByteDance cuts 1,000 staff, to shut gaming studio TikTok parent ByteDance disclosed plans to discontinue development of most new games and sell off its current portfolio as it cuts 1,000 jobs in Nuverse, its main gaming studio, Nikkei Asia reported. By Joseph Waring
Greater China Huawei Network Tech November 27, 2023 Huawei to shift smart car tech to new JV Huawei signed an agreement with state-owned Changan Automobile to set up a joint-venture company to develop intelligent driving systems and components for connected vehicles. In a statement, Huawei explained it… By Joseph Waring
Greater China Operators November 22, 2023 China Unicom doubles private 5G rollouts A focus on the industrial sector by China Unicom showed signs of paying off, with the number of private 5G network customers more than doubling year-on-year. By Joseph Waring
AI & Cloud Greater China November 22, 2023 Baidu financials improve on AI-driven upgrades Baidu co-founder and CEO Robin Li declared its core business delivered solid revenue and profit during Q3, despite a challenging macroeconomic environment impacting its online marketing and AI cloud businesses. By Joseph Waring
Foxconn Greater China November 22, 2023 Foxconn China unit fined for minor accounting error A Foxconn subsidiary in China was the first to be caught up in a tax and land-use probe of its parent's operations in the country, with local tax authorities fining the unit CNY20,000 ($2,009) for a minor accounting issue, Bloomberg reported. By Joseph Waring
Greater China November 16, 2023 Tencent books growth as China gaming recovers, but profit stumbles Tencent registered gains across most business units in Q3, with domestic gaming, its largest segment, returning to growth, and total gaming sales hitting CNY46 billion ($6.3 billion). By Joseph Waring
5G+ Greater China November 14, 2023 China private 5G climbs across industry LIVE FROM 5G SUMMIT & USER CONGRESS, BANGKOK: China's deployment of private 5G networks jumped nearly tenfold over the past 18 months, with industry internet and smart city applications accounting for more than half the total rollouts. By Joseph Waring
