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China Smartphone Slump Deepens as Rising Costs Squeeze Makers

China’s smartphone market contracted sharply in February, with rising memory costs and sluggish consumer demand signaling a deepening slowdown for the world’s largest mobile battleground even as top players pivot to higher-specification devices. Shipments in China plunged 13% year-over-year to 16 million units, according to

Huayan Robotics Debuts on Hong Kong Exchange, Testing Investor Appetite for Automation

Huayan Robotics has officially commenced trading on the Hong Kong Stock Exchange, marking a notable addition to the Asian financial hub's technology and automation sector in 2026. The successful listing materializes at a critical juncture for the intelligent manufacturing industry. As global supply chains continue to prioritize automation

China's Rokid Races to IPO as Giant Rivals Close In on AI Glasses Market

Rokid, a 12-year-old Chinese augmented reality specialist, is accelerating its push for an initial public offering, a strategic move to arm itself for an escalating battle against market titan Meta Platforms Inc. and an impending challenge from Apple Inc. The Hangzhou-based company, officially Lingban Technology, executed a

China's Tech Giants Bleed $14 Billion in Food-Delivery War With No Winner

China’s brutal, year-long food-delivery war is grinding to a halt, leaving behind a scarred landscape where tech giants burned nearly RMB 100 billion (US$13.9 billion) in profits with no single victor to claim the prize. The ceasefire follows a signal from China’s top market

BYD Profit Squeeze Forces 'Toyota-Style' Global Pivot as China Margins Erode

BYD faces a definitive strategic inflection point in 2026 as intensifying domestic price wars and regulatory headwinds erode its localized profitability, forcing the world’s largest electric vehicle maker to rely heavily on high-margin exports to sustain growth. The Shenzhen-based automaker reported fourth-quarter 2025 earnings that fell

ChinaBiz Briefing: Meituan’s Defensive Moat, Moonshot’s $18B IPO Bid, and the $12K LiDAR Revolution

The Big Picture: The era of "growth at all costs" is officially over for China’s platform economy, replaced by a ruthless focus on unit economics and capital efficiency. While Meituan retreats from subsidy wars to protect margins against Alibaba, the capital intensity of the AI arms race

Meituan Pivots to Profit Protection as Alibaba Cash War Erodes Delivery Dominance

Meituan is executing a calculated strategic retreat, sacrificing its near-monopolistic stranglehold on China’s food delivery market to stem hemorrhaging losses, betting that rival Alibaba Group Holding Ltd. will eventually blink in a cash-burning war of attrition. The Beijing-based delivery giant, once prioritizing scale at all costs,

Leapmotor Brings LiDAR to $12,000 Segment, Escalating China’s ADAS Price War

Leapmotor has aggressively lowered the financial barrier for advanced autonomous driving technology, launching a compact SUV equipped with LiDAR and high-level driver assistance systems (ADAS) for under RMB 90,000 (US$13,000). The move signals a pivotal shift in China's fierce EV market in 2026, transitioning

Xpeng Anchors Latin American Expansion in Mexico, Planning Hybrid Shift to Combat Infrastructure Gaps

Xpeng Inc has formally entered the Mexican market, designating the country as the beachhead for a three-year aggressive expansion across Latin America. The move, executed on March 25, 2026, signals a strategic pivot for the Guangzhou-based automaker as it seeks growth outside the increasingly saturated European and Chinese

The Great Cost Divide in Humanoid Robotics: China vs. the US

A deep dive into the structural factors, supply chain dynamics, and technological strategies explaining why a humanoid robot from China can cost less than 10% of its American counterpart. The humanoid robotics industry is witnessing a dramatic price polarization. On one end, American pioneers like Agility Robotics price their industrial