On November 5th, Michael Kirsch, CEO of Porsche China, stated that currently Porsche's sales and scale in the Chinese market are not sufficient to support local production.
Arm CEO Rene Haas: Going public won't alter development strategy in China.
In response to layoff rumors, on May 10, Ford China stated to the Chinese media that "China is a crucial market for Ford. We remain committed to promoting sustainable development in our business operations in China.
On April 9th, at the 2023 Xiaomi Fan Festival, CEO Lei Jun stated that Xiaomi's most important strategy in the past three years has been a high-end strategy.
On the evening of November 8, Chinese automaker BYD unveiled a new high-end vehicle brand called Yangwang. Three days later, several automobile patents applied for by BYD were made public, revealing the possible design of these future premium off-road vehicles.
Faced with pressure from competitors such as Luckin Coffee and Tims China, Starbucks, which has always been known for its reserved attitude towards China, has been changing its strategy for tackling the country's domestic market.
ByteDance's healthcare business is stepping into an accelerated period of resource integration, and a huge healthcare ecosystem is slowly forming.
Although Tesla has denied the rumor of price reductions, the news has already had a certain impact on the pricing strategy and rhythm of new products released by XPeng Motors and Li Auto.
The China arm of American multinational automobile manufacturer Ford announced on September 26 that it would work to accelerate electric transformation in the country by operating its EV business through FMeT, an independent company.
On September 16, Chinese smartphone maker OPPO released a new device called the OPPO K10x, with a 64MP rear main camera and a 5000 mAh high-capacity battery.
On September 14, Starbucks's China division officially released its 2025 China Strategic Vision, launching a new value-oriented growth plan featuring heavy investment in the country.
Consulting firm IDC China reported on September 2 that in the second quarter of 2022, China shipped 309,000 AR/VR headsets, including 12,000 units of AR devices and 297,000 units of VR devices.
According to comments on September 1 by Cui Dongshu, Secretary General of the China Passenger Car Association, Tesla's August delivery volume in the country is expected to have totaled about 77,000 vehicles, an increase of 173% from July.
ChengXin YouXuan, a community group buying platform owned by Didi, has resumed its operations in Lanzhou, Gansu province.
It was reported that the headquarters of Secoo, a luxury e-commerce platform based in the center of Beijing's business district and once filled with luxury goods, is now empty. Regarding the concerns, Secoo said such reports were not true.
Sky Li, the founder and CEO of Chinese consumer technology company realme, has published an open letter ahead of the firm's fourth anniversary and "828 Fan Festival" on August 28, 2022.
By the end of June 2022, the number of motor vehicles in China had reached 406 million units, including 310 million cars and 10.01 million new energy vehicles.
Tech market research firm IDC released a quarterly cell phone tracking report on July 29. Honor ranked first in terms of shipments during Q2 in the Chinese market.
According to a report released on July 20 by the China Academy of Information and Communications Technology (CAICT), in June, the domestic market shipped 28.017 million mobile phones, up 9.2% year-on-year.
According to a report released by SEMI, the global sales of semiconductor manufacturing equipment surged in 2021, increasing by 44% from $71.2 billion in 2020.