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NIO Achieves First Quarterly Profit as Deliveries Surge and Autonomous Driving Technology Advances

NIO has recorded its first quarterly operating profit since inception, marking a pivotal milestone for the Chinese electric vehicle maker as it gains traction with a multi-brand strategy and advances in autonomous driving technologyNIO. The company reported adjusted operating profit (non-GAAP, excluding share-based compensation) of between RMB

ChinaBiz Briefing | Tech Giants Pivot to Shareholder Returns, Flexible Chips, and New Hardware Frontiers

Chinese tech companies are recalibrating strategies amid market pressures and maturing industries. From Baidu's first-ever dividend to breakthrough flexible AI chips and smartphone makers eyeing new hardware categories, today's moves reflect a sector balancing immediate shareholder demands with long-term innovation bets. The common thread:

Chinese Startup AutoFlight Unveils World's First 5-Ton eVTOL Aircraft With 10-Passenger Capacity

AutoFlight has completed the first transition flight of the V5000 Tianjilong, marking a milestone in electric vertical takeoff and landing aircraft development. The 5-ton-class vehicle, which can carry 10 passengers or one ton of cargo, represents a significant scale-up from current eVTOL models and positions the Chinese

Baidu Unveils $5 Billion Buyback and Maiden Dividend in Shareholder Return Push

Baidu is doubling down on investor confidence with a sweeping new capital allocation strategy that includes a $5 billion share repurchase program and the company's first-ever dividend policy, marking a pivotal shift for the Chinese tech giant as it navigates an increasingly competitive AI landscape and market

Transsion Holdings Faces Worst Year on Record as Memory Price Surge Hits Low-Cost Phone Model

Transsion Holdings, the leading mobile phone vendor in Africa, reported its steepest profit decline since going public in 2019, with net income plunging by half in 2025 as surging memory chip prices squeezed margins on devices that sell for as little as 50 yuan ($7). The Shenzhen-based company said

Chinese Home Appliance Giants Race to Deploy AI in Air Conditioners, Promising Energy Savings and Comfort

China's leading home appliance manufacturers are accelerating the integration of artificial intelligence into air conditioning systems, with Gree Electric Appliances, Midea Group, and Haier Smart Home all launching AI-powered products that prioritize energy efficiency and user comfort over traditional cooling power. The shift marks a strategic pivot

Tsinghua Unveils Ultra-Flexible AI Chip That Bends 40,000 Times, Costs Just 2 Cents

A research team at Tsinghua University has developed an ultra-thin, bendable AI chip that can withstand over 40,000 folds while maintaining full computational capability, marking a significant advance in flexible electronics that could transform wearable health monitoring and soft robotics. The chip, detailed in a study published in

Vivo to Launch Vlog Camera Targeting DJI's Pocket Series Market

Vivo has confirmed plans to develop a vlog camera targeting DJI's Pocket series, marking a strategic push by smartphone manufacturers into the handheld gimbal camera segment. The device is expected to launch in 2026, according to a report by Jiemian News. The move comes as DJI prepares to

PNDbotics: How a 15-Year Quest to Master Robot Joints Led to a World Championship

A Chinese humanoid robot startup that spent over a decade building core technology from the ground up has emerged as an unlikely champion in the global race to commercialize embodied AI, backed by nearly 100 million yuan ($14 million) in strategic investment from Ningbo's local government. PNDbotics'

China's New Energy Vehicles Face Shrinking Sales Cycles as Market Saturation Intensifies

New energy vehicle models in China are struggling to maintain sales momentum beyond their launch months, with only three models achieving sustained success in 2025, as intense competition and rapid product iteration fundamentally reshape consumer behavior in the world's largest electric vehicle market. The phenomenon marks a sharp