Tech
Chinese solar panel maker plans US factory in win for Biden clean-energy push
Beijing-based JA Solar is building a new plant in the US in another win for the Biden administration as its incentive-laden climate law continues to attract big foreign investments.
Samsung profit slumps by most in decade on weak demand for memory chips
Profit slumped last quarter by the most in more than a decade as memory chip prices crashed. Samsung may have to rein in capital expenditure to conserve cash, Citigroup says.
ByteDance’s tower under lockdown in Shanghai’s Covid-19 outbreak
More than 320 infections had broken out in Shanghai since March, threatening to blemish the city’s much-lauded deftness to keep the disease at bay.
Didi in talks for a second-quarter IPO in Hong Kong, sources say
Didi, China’s largest ride-hailing company, is likely to list in Hong Kong in the second quarter as its bankers have started discussion with the bourse operator Hong Kong Exchanges and Clearing, according to two sources familiar with the situation.
Xpeng, NIO and Li Auto post triple-digit rise in November deliveries
Xpeng Motors delivered 15,613 vehicles last month, a jump of 270 per cent from a year ago. Shanghai-headquartered NIO reported 10,878 deliveries, more than doubling last year’s number, and Beijing-based Li Auto delivered 13,485 EVs, a surge of 190 per cent year on year.
Investors zero in on bitcoin, health tech as inflation gathers pace
Sustainable investing, health tech and cryptocurrencies can offer protection against inflation, banking and finance experts tell the Post’s China Conference.
China’s online retailers race to slash plastics, packages to shrink carbon footprint
China’s online retail industry, the world’s largest, is one of the key sectors identified by regulators to be subjected to a timetable to come up with more sustainable packaging solutions.
Smart helmet firm Livall targets food delivery firms amid safety push
Smart helmet maker Shenzhen Qianhai Livall loT Technology is in talks with China’s leading food delivery firms about intelligent helmets that will improve the safety of their riders.
Binance Tesla security token raises questions about Hong Kong licence
Binance, the largest cryptocurrency exchange by trading volume globally, is marketing its first security token backed by Tesla stocks trading on the Nasdaq exchange to investors – including those in Hong Kong.
Apple accelerates green energy push in China, brings 2GW online
Apple is working on its global manufacturing supply chain by significantly increasing the number of suppliers that are transitioning to renewable energy.
Xiaomi leaves fans hanging on Mega Launch day
Tech watchers have been hoping to hear about chips and EVs, but Lei Jun spent Xiaomi’s Mega Launch talking about Mi Pro, Mi Ultra and Mi Lite.
Samsung warns of severe chip crunch while delaying key phone
The world’s largest smartphone maker is seeing a ‘serious imbalance’ in global semiconductors, suggesting that shortages may spread beyond cars.
A new app lets people gamble on Fortnite and Call of Duty matches
The founders said the Covid-19 pandemic pushed them to create their idea for a betting app.
In China, Huawei’s smartphone star power dims as US sanctions bite
US restrictions have vastly reduced Huawei’s ability to supply new smartphones, forcing retailers to shut franchise stores or switch to selling other domestic brands.
After the Clubhouse block, can audio-only chat apps go mainstream in China?
As Clubhouse fades in China after being blocked, several Chinese social audio apps are in the spotlight as potential replacements, but questions remain whether they can go mainstream.
Will Chinese video app in massive Hong Kong IPO be a good investment?
Short video app has offered a place to shine online for millions of underdogs but investors have to gauge if it can turn this appeal into sustainable profits.
Huawei founder sees decentralised control as a way to beat US sanctions
A newly published speech that Ren Zhenfei gave in June reveals the Huawei CEO’s thinking on strategies for surviving US sanctions.
China Telecom launches quantum encrypted phone calls for smartphones
With a special SIM card and app, some China Telecom smartphone users in Anhui province can make phone calls protected by quantum encryption, which could tip people off to potential eavesdroppers.
Eight holiday gift ideas for tech lovers at any budget
From laptops and keyboards to video games and wireless chargers, the SCMP Tech team wraps up our top gift ideas for 2020 at any budget.
Chinese netizens mock ‘insane’ price tag of Apple’s AirPods Max
‘Do these headphones cure deafness or what?’ says one comment on microblogging site Weibo, where AirPods Max are currently trending.