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Chinese automaker Great Wall Motor (GWM) announced its entry into the Indonesian market on August 28. As a result of the move, GWM now has a presence in every country in the ASEAN region except for East Timor, the carmaker said in a statement. GWM began its ASEAN market expansion in 2021 and entered Vietnam, Singapore, and Indonesia in August 2023. In the ASEAN regional market, it has established a complete product lineup, covering hybrid, plug-in hybrid, and battery electric vehicles, with its auto brands Haval, Ora, and Tank, the company said. Official data from GWM shows that the companys overseas sales reached 27,007 units in July this year, representing year-on-year growth of 83.6%. [GWM statement, in Chinese]Chinese telecoms giant Huawei has launched limited numbers of its new Mate 60 flagship phone two weeks early after images of the device were leaked online on Monday. The Mate 60 Pro is the worlds first phone with a satellite phone-call function, allowing users to make and receive calls even when a terrestrial network signal is absent, Huawei claims. The 12GB+512GB Mate 60 model is priced at RMB 6,999 ($960), however it has not been disclosed on the official website whether the processor the device runs on is 4G or 5G. The official product launch was originally scheduled for September 12th, but following the online leak Huawei announced a limited number of the devices would be sold via what it called the Huawei Mate 60 Pro Pioneer Program. The phone maker said the offer was also to mark the sale of 100 million Huawei Mate smartphones since the series’ launch in 2013. [IThome, in Chinese]Chinese telecoms giant Huawei has launched limited numbers of its new Mate 60 flagship phone two weeks early after images of the device were leaked online on Monday. The Mate 60 Pro is the worlds first phone with a satellite phone-call function, allowing users to make and receive calls even when a terrestrial network signal is absent, Huawei claims. The 12GB+512GB Mate 60 model is priced at RMB 6,999 ($960), however it has not been disclosed on the official website whether the processor the device runs on is 4G or 5G. The official product launch was originally scheduled for September 12th, but following the online leak Huawei announced a limited number of the devices would be sold via what it called the Huawei Mate 60 Pro Pioneer Program. The phone maker said the offer was also to mark the sale of 100 million Huawei Mate smartphones since the series’ launch in 2013. [IThome, in Chinese]Chinese smartphone manufacturer Realme introduced the Buds Air5 earphones in China on Monday, priced at RMB 299 ($41). Users can choose from two color options: blue and white. The Buds Air5 earphones feature 50dB active noise cancellation, utilizing three microphones on each earpiece to ensure clear call quality. With the inclusion of 4000Hz ultra-wideband noise cancellation, users can enjoy an immersive audio experience free from unwanted background noises. The earphones are equipped with a 12.4mm mega titanizing driver, dynamic bass boost, and an individual rear cavity design. In terms of battery life, the company asserts that the Buds Air5 offers a total of 38 hours when combining the case and earbuds. According to the analyst firm Canalys, Realme secured the fifth position in Southeast Asia’s smartphone market for the first quarter with 2.2 million shipments and an 11% market share. [IThome, in Chinese]Chinese smartphone manufacturer Realme introduced the Buds Air5 earphones in China on Monday, priced at RMB 299 ($41). Users can choose from two color options: blue and white. The Buds Air5 earphones feature 50dB active noise cancellation, utilizing three microphones on each earpiece to ensure clear call quality. With the inclusion of 4000Hz ultra-wideband noise cancellation, users can enjoy an immersive audio experience free from unwanted background noises. The earphones are equipped with a 12.4mm mega titanizing driver, dynamic bass boost, and an individual rear cavity design. In terms of battery life, the company asserts that the Buds Air5 offers a total of 38 hours when combining the case and earbuds. According to the analyst firm Canalys, Realme secured the fifth position in Southeast Asia’s smartphone market for the first quarter with 2.2 million shipments and an 11% market share. [IThome, in Chinese]
On Monday, Chinese smartphone maker Realme unveiled its latest offering, the GT5, which boasts a budget-friendly smartphone featuring 24GB of RAM and 240W fast-charging technology. Notably, the expansive configuration of 24GB RAM and 1TB storage comes at a price of just RMB 3,799 ($521). The Realme GT5, available in green and silver, incorporates four light strips on the back that provide light effects when notifications are received. The phone offers two battery variants: 150W+5240mAh and 240W+4600mAh. The company asserts that the former can be fully charged in just 18 minutes. Under the hood, it runs on a Snapdragon 8 Gen 2 processor and boasts a 6.74-inch 1.5K AMOLED screen with a 144Hz refresh rate, 2160Hz PWM dimming, support for 1.07 billion colors, and brightness levels of up to 1400 nits. [IThome, in Chinese]On Monday, Chinese smartphone maker Realme unveiled its latest offering, the GT5, which boasts a budget-friendly smartphone featuring 24GB of RAM and 240W fast-charging technology. Notably, the expansive configuration of 24GB RAM and 1TB storage comes at a price of just RMB 3,799 ($521). The Realme GT5, available in green and silver, incorporates four light strips on the back that provide light effects when notifications are received. The phone offers two battery variants: 150W+5240mAh and 240W+4600mAh. The company asserts that the former can be fully charged in just 18 minutes. Under the hood, it runs on a Snapdragon 8 Gen 2 processor and boasts a 6.74-inch 1.5K AMOLED screen with a 144Hz refresh rate, 2160Hz PWM dimming, support for 1.07 billion colors, and brightness levels of up to 1400 nits. [IThome, in Chinese]Tesla has begun taking non-refundable deposits of RMB 1,000 ($137) on orders for its revamped Model 3, which is set for launch as early as September, a Tesla salesperson told financial media outlet Yicai. The US automaker said on Monday that it is offering an RMB 8,000 insurance incentive to orders of the current Model 3 placed before the end of September. Customers receive a further discount of RMB 3,500 if they are referred by an existing Tesla owner, reducing the starting price of the popular sedan to RMB 220,400 ($30,262), about 5% lower than its sticker price, the report said, citing an employee. The company is currently in the final stages of making a revamped Model 3 in its Shanghai factory for showroom display and will begin mass production as early as next month, according to an Aug.17 report by Bloomberg. [Yicai, in Chinese]
Chinese search giant Baidu has incorporated three new plug-ins into ERNIE Bot, its service similar to ChatGPT, in a recent upgrade aimed at enhancing user experience. Wu Tian, Vice President of Baidu, announced during a state-sponsored deep learning summit on Wednesday that the AI chatbot can now simultaneously utilize three plug-ins. These newly integrated plug-ins offer the ability to automatically convert prompts into videos, generate various types of charts, and produce textual content using images. These details were disclosed by the company. [IThome, in Chinese]Chinese search giant Baidu has incorporated three new plug-ins into ERNIE Bot, its service similar to ChatGPT, in a recent upgrade aimed at enhancing user experience. Wu Tian, Vice President of Baidu, announced during a state-sponsored deep learning summit on Wednesday that the AI chatbot can now simultaneously utilize three plug-ins. These newly integrated plug-ins offer the ability to automatically convert prompts into videos, generate various types of charts, and produce textual content using images. These details were disclosed by the company. [IThome, in Chinese]Tencent announced on August 16 that it plans to introduce a proprietary artificial intelligence model later this year, and it believes the AI model will rank among the finest in China, according to Bloomberg. Tencent has been conducting tests on its large language model named Hunyuan on services such as cloud computing and search. Martin Lau, the companys president, said the LLM stands as one of the foremost foundational models developed in China during the companys second-quarter earnings call on August 16. Tencent is making continuous efforts to upgrade and refine the model for a prospective launch in the latter part of this year, he added. [Bloomberg]Tencent announced on August 16 that it plans to introduce a proprietary artificial intelligence model later this year, and it believes the AI model will rank among the finest in China, according to Bloomberg. Tencent has been conducting tests on its large language model named Hunyuan on services such as cloud computing and search. Martin Lau, the companys president, said the LLM stands as one of the foremost foundational models developed in China during the companys second-quarter earnings call on August 16. Tencent is making continuous efforts to upgrade and refine the model for a prospective launch in the latter part of this year, he added. [Bloomberg]
On August 16, Chinas largest battery maker CATL unveiled the worlds first 4C superfast charging LFP battery, the Shenxing superfast charging battery, according to Chinese media outlet 36Kr. The battery can support vehicles to run 400 kilometers after a 10-minute charge, and offers an extended range of over 700 kilometers after being fully charged, the firm said at its product launch event. Shenxing is set to achieve mass production by the end of this year and EVs equipped with Shenxing are expected to be launched in the first quarter of 2024, according to the company. From January to July this year, the cumulative shipment of LFP batteries in China reached 125.6 GWh, accounting for 68.1% of the total shipment of all batteries, with a year-on-year growth of 59.6%. In July, CATLs shipment volume for LFP batteries reached 6.86 GWh, capturing a market share of 31.69%, lower than BYDs 43.18% market share with a shipment capacity of聽 9.35 GWh, according to data from Chinas battery industry association CABIA. [36Kr, in Chinese]Madhav Sheth, former CEO of Oppo’s sister brand Realme in India, confirmed on August 15 that he had joined the Chinese phone brand Honor. He shared a post on Honors official account on social media and mentioned that new Honor smartphones will soon be launched in the Indian market. Currently, Honor hasnt released the specific date or product details of its launch event in India. The last time Honor introduced new products in the Indian market was in 2020. In 2022, Honors CEO Zhao Ming said that the company had withdrawn its operational team in the Indian market due to regulatory reasons, and expected to do business in the country in a safer way in the future. [Jiemian, in Chinese]
Madhav Sheth, former CEO of Oppo’s sister brand Realme in India, confirmed on August 15 that he had joined the Chinese phone brand Honor. He shared a post on Honors official account on social media and mentioned that new Honor smartphones will soon be launched in the Indian market. Currently, Honor hasnt released the specific date or product details of its launch event in India. The last time Honor introduced new products in the Indian market was in 2020. In 2022, Honors CEO Zhao Ming said that the company had withdrawn its operational team in the Indian market due to regulatory reasons, and expected to do business in the country in a safer way in the future. [Jiemian, in Chinese]Alibaba Cloud has introduced a digital human video creation tool called Live Portrait, according to an August 16 report by Chinese media outlet 36Kr. Users can generate a video of a digital human with speech capabilities by uploading a photo along with a piece of text or voice input. Live Portrait can be applied in various scenarios including livestreaming, chatbots, and corporate marketing, the report said. Currently, Live Portrait is available for trial on the Alibaba-backed open-source community ModelScope, and its underlying technologies have been featured at top international AI conferences such as CVPR and ICCV, as per 36Kr. [36Kr, in Chinese]Alibaba Cloud has introduced a digital human video creation tool called Live Portrait, according to an August 16 report by Chinese media outlet 36Kr. Users can generate a video of a digital human with speech capabilities by uploading a photo along with a piece of text or voice input. Live Portrait can be applied in various scenarios including livestreaming, chatbots, and corporate marketing, the report said. Currently, Live Portrait is available for trial on the Alibaba-backed open-source community ModelScope, and its underlying technologies have been featured at top international AI conferences such as CVPR and ICCV, as per 36Kr. [36Kr, in Chinese]Foxconns facilities in the central Chinese city of Zhengzhou are offering an increased hourly wage of RMB 26 ($3.55) for some positions, with monthly salaries ranging from RMB 6,000 ($820) to RMB 7,200 ($984) for assembly line workers, according to an August 16 report by Chinese media outlet The Time Weekly. Employees who work at the plant for over 90 days will receive an RMB 8,000 ($1,094) bonus and a RMB 200 ($27.3) transportation subsidy in addition to a basic salary of RMB 2,000 ($273), overtime pay, and other subsidies. With Apples upcoming product launch event for the iPhone 15 series expected in the fall, the biggest iPhone assembler is busy preparing. Foxconns factories in Taiyuan and Shenzhen have also raised their sign-on bonuses, the report said. The highest bonus at Foxconn plants has reached RMB 8,000, which is considered average compared to that of previous years. In former years, employees could earn over RMB 10,000 ($1,367) per month in peak seasons, an internal employee at Foxconns labor service supply company told The Time Weekly. Bonuses are likely to increase by around RMB 1,000 ($137), but this remains uncertain due to reduced orders and fewer required workers at Chinas Foxconn facilities this year, the employee added. [The Time Weekly, in Chinese]
Chinese e-commerce giant JD reported second-quarter revenue of RMB 287.9 billion ($39.7 billion) on Wednesday, marking a 7.6% rise from the previous quarter. However, the company’s main segment, JD Retail, achieved a growth rate of 4.8%, falling below the overall quarterly revenue growth. In contrast, the logistics and health units experienced double-digit growth. Earnings from JD’s new businesses, encompassing JD Property, Jingxi, and overseas operations, declined by 31.1% year-on-year, attributed to the firm’s scaling back of e-commerce operations in the Southeast Asian market and reducing the group-buying business since last summer. A 417% surge in third-party merchants during the quarter, driven by JD’s low-price strategy to attract consumers amid a weakened recovery, was highlighted as a notable accomplishment in the financial results. JD’s net income for April to June increased by 50% to RMB 6.6 billion. [JD]On Wednesday, Chinese phone maker OnePlus launched its latest flagship Ace 2 Pro, featuring 24GB RAM, 150W fast charging, a Snapdragon 8 Gen 2 chipset, and a large heat dissipation vapor chamber. In the first half of 2023, OnePluss sales increased 335% year-on-year, making it the fastest-growing brand in the industry, according to President Li Jie, speaking at the launch event. The new device can have up to 54 apps active in the background, according to the company. The 6.74-inch OLED display supports 1600 nits of peak brightness, 2772 x 1240 pixel screen resolution, 2160Hz high-frequency PWM dimming, and a 120Hz refresh rate. On the reverse side, there are triple cameras, including a 50MP wide-angle camera with OIS (optical image stabilization), an 8MP ultrawide camera, and a 2MP macro camera. The smartphone comes in green and gray, with a starting price of RMB 2,999 ($410). [IThome, in Chinese]Tencent reported an 11% increase in revenue on Wednesday compared to the same quarter last year, driven by robust performances in advertising and international games. The tech giant’s second-quarter revenue reached RMB 149.2 billion ($20.6 billion), mirroring the previous quarter’s figures. Notably, the company unveiled the advertising earnings of its TikTok-like service, Video Accounts, for the first time, surpassing RMB3 billion during the period. This contributed to a significant 34% growth in online advertising鈥攖he highest in nearly five years. Revenues from Tencent’s international games also experienced a substantial rise of 19%, reaching RMB 12.7 billion. Meanwhile, its domestic games maintained a steady revenue, similar to the previous year, attributed by the company’s Chief Strategy Officer to a “slower release of commercial content” in the June-ending quarter. During the earnings call, Tencent’s President Martin Lau stated that the firm is expected to launch its own large language model “at some point in the latter part of this year,” revealing that internal testing has commenced to integrate the AI model across various sectors, including games, advertising, cloud services, and fintech. [Tencent]Apple supplier Foxconn has initiated iPhone 15 production at an Indian plant, aiming to bridge the gap between its Indian operations and its main manufacturing hub in China, according to a Bloomberg report on Wednesday. The Sriperumbudur plant by Foxconn is gearing up to dispatch new iPhones shortly after their commencement of production in Chinese facilities. Apple has already shifted about 7% of iPhone manufacturing to India as of March, aligning with its strategy to decrease reliance on China, as indicated by sources familiar with the situation. The report also suggests that Apple’s other Indian partners, including Pegatron and Wistron, are poised to commence assembly of the iPhone 15 series in the near future. Apple, Foxconn, Pegatron, and Wistron have refrained from commenting on this matter. [Bloomberg]
Apple supplier Foxconn has initiated iPhone 15 production at an Indian plant, aiming to bridge the gap between its Indian operations and its main manufacturing hub in China, according to a Bloomberg report on Wednesday. The Sriperumbudur plant by Foxconn is gearing up to dispatch new iPhones shortly after their commencement of production in Chinese facilities. Apple has already shifted about 7% of iPhone manufacturing to India as of March, aligning with its strategy to decrease reliance on China, as indicated by sources familiar with the situation. The report also suggests that Apple’s other Indian partners, including Pegatron and Wistron, are poised to commence assembly of the iPhone 15 series in the near future. Apple, Foxconn, Pegatron, and Wistron have refrained from commenting on this matter. [Bloomberg]SF Express, Chinas leading courier service, has been running livestreams selling items such as fresh fruits and agricultural products on its WeChat mini-program in recent weeks. The move marks a fresh effort from the firm to find additional growth as it plans for a second listing in Hong Kong. Without top influencers to promote the goods, SFs livestreams usually see a host standing behind a row of fruits to introduce them, with large banner text in the background declaring all free shipping by SF Express. The firm is known for its timely delivery in China and also serves as a courier partner for East Buy, a one-time private tutoring giant that has made a successful pivot to the e-commerce sector. [TechNode reporting]
SF Express, Chinas leading courier service, has been running livestreams selling items such as fresh fruits and agricultural products on its WeChat mini-program in recent weeks. The move marks a fresh effort from the firm to find additional growth as it plans for a second listing in Hong Kong. Without top influencers to promote the goods, SFs livestreams usually see a host standing behind a row of fruits to introduce them, with large banner text in the background declaring all free shipping by SF Express. The firm is known for its timely delivery in China and also serves as a courier partner for East Buy, a one-time private tutoring giant that has made a successful pivot to the e-commerce sector. [TechNode reporting]iFlytek, a Chinese company focused on intelligent speech and AI, unveiled the updated version of its large language model SparkDesk and a programming assistant called iFlyCode at a product launch on August 15, according to Chinese media outlet Caixin. During the event, iFlyteks chairman Liu Qingfeng demonstrated the upgraded coding capabilities and multimodal features of the SparkDesk V2.0 model. Liu Cong, vice president of iFlytek, showcased the iFlyCode programming assistant by verbally instructing it to develop an aerial handwriting function using the Python language. iFlyCode provided Liu with process suggestions, ready-to-use code snippets for each step, and explanations and revisions for existing code. Liu successfully developed the function in around 10 minutes with minimal manual coding. At the product launch, iFlytek also announced a collaboration with Huaweis AI computing solution provider Huawei Ascend to introduce an all-in-one product for large-scale model training and inference. [Caixin, in Chinese]
iFlytek, a Chinese company focused on intelligent speech and AI, unveiled the updated version of its large language model SparkDesk and a programming assistant called iFlyCode at a product launch on August 15, according to Chinese media outlet Caixin. During the event, iFlyteks chairman Liu Qingfeng demonstrated the upgraded coding capabilities and multimodal features of the SparkDesk V2.0 model. Liu Cong, vice president of iFlytek, showcased the iFlyCode programming assistant by verbally instructing it to develop an aerial handwriting function using the Python language. iFlyCode provided Liu with process suggestions, ready-to-use code snippets for each step, and explanations and revisions for existing code. Liu successfully developed the function in around 10 minutes with minimal manual coding. At the product launch, iFlytek also announced a collaboration with Huaweis AI computing solution provider Huawei Ascend to introduce an all-in-one product for large-scale model training and inference. [Caixin, in Chinese]Chinese automaker Geely unveiled its premium intelligent automotive brand JI YUE on August 14, according to Chinese media outlet Jiemian. The brands first model, JI YUE 01 has obtained qualification for market sales, according to publicly available information on the website of Chinas Ministry of Industry and Information Technology (MIIT). Geely said in its statement that JI YUE came out of years of collaborative efforts between Baidu and Geely. In 2021, the two companies jointly established the robocar brand JIDU. However, JIDU missed out on the go-ahead for production, because new regulations introduced by MIIT in 2022 required both commissioning and commissioned parties to receive approval before production could begin, according to the report by Jiemian. JI YUE will benefit from Baidus AI achievements, such as its autonomous driving technologies and Ernie Bot, as well as Geelys vehicle manufacturing expertise, Geely said in its statement. [Jiemian, in Chinese; Geely statement, in Chinese]Tesla plans to establish a local operation team of around 20 people to introduce its Full Self-Driving (FSD) solution into the Chinese market, according to an August 15 report by Chinese news outlet 36Kr. Tesla has dispatched engineers from its headquarters to China for training, a source familiar with the matter told 36Kr. Additionally, Tesla is building a data annotation team of over a hundred people to carry out algorithm training. Unlike the autopilot assisted driving technology already in service, FSD technology seeks to accomplish driving without human intervention. As early as 2020, the US car maker introduced the Beta version of FSD in North America. Recently, the companys chief executive Elon Musk said on social media that FSD V12 will no longer be in Beta and can be rolled out to all users, according to the report. The introduction of the FSD solution in China requires extensive tests on real roads to identify weaknesses and enable optimization, one professional in the autonomous driving industry told 36Kr. [36Kr, in Chinese]Tesla plans to establish a local operation team of around 20 people to introduce its Full Self-Driving (FSD) solution into the Chinese market, according to an August 15 report by Chinese news outlet 36Kr. Tesla has dispatched engineers from its headquarters to China for training, a source familiar with the matter told 36Kr. Additionally, Tesla is building a data annotation team of over a hundred people to carry out algorithm training. Unlike the autopilot assisted driving technology already in service, FSD technology seeks to accomplish driving without human intervention. As early as 2020, the US car maker introduced the Beta version of FSD in North America. Recently, the companys chief executive Elon Musk said on social media that FSD V12 will no longer be in Beta and can be rolled out to all users, according to the report. The introduction of the FSD solution in China requires extensive tests on real roads to identify weaknesses and enable optimization, one professional in the autonomous driving industry told 36Kr. [36Kr, in Chinese]BAIC BJEV, a Chinese electric vehicle brand backed by Beijing-based automaker BAIC Group, will reveal its first electric vehicle jointly developed with Huawei under Huaweis smart selection business model next year, according to Chinese media outlet CLS. Under the smart selection business model, Huawei is responsible for product positioning of the new EV brand, while BAIC BJEV is responsible for providing chassis architecture and vehicle production. The two companies will sell the as yet unnamed car through Huaweis sales channels, an internal employee at BAIC Group told CLS. Prior to the move, BAIC BluePark, the direct holding company of BAIC BJEV, has already launched the Arcfox 伪-S model jointly developed with Huawei under Huawei Inside business model, making it the first production car to feature Huaweis full-stack smart car solution and smart cockpit, in May 2021.[CLS, in Chinese]BAIC BJEV, a Chinese electric vehicle brand backed by Beijing-based automaker BAIC Group, will reveal its first electric vehicle jointly developed with Huawei under Huaweis smart selection business model next year, according to Chinese media outlet CLS. Under the smart selection business model, Huawei is responsible for product positioning of the new EV brand, while BAIC BJEV is responsible for providing chassis architecture and vehicle production. The two companies will sell the as yet unnamed car through Huaweis sales channels, an internal employee at BAIC Group told CLS. Prior to the move, BAIC BluePark, the direct holding company of BAIC BJEV, has already launched the Arcfox 伪-S model jointly developed with Huawei under Huawei Inside business model, making it the first production car to feature Huaweis full-stack smart car solution and smart cockpit, in May 2021.[CLS, in Chinese]
BYD has withdrawn from an agreement to incorporate Baidus autonomous driving technology into its electric vehicles, as the automaker says it will develop its own instead, according to South China Morning Post, citing two sources familiar with the matter. BYD agreed in March 2022 to use Baidus technology, including navigation and automated valet parking, in its EVs, the report stated. This deal was seen as a significant achievement for Baidus autonomous driving unit Apollo at the time. One of the sources said that Baidu has made substantial investments in Apollo and continues to see self-driving technology as a primary focus. BYD, however, sees few immediate prospects for self-driving technology in the mass EV market, the second source told South China Morning Post. Neither Baidu nor BYD have yet responded to the report. [South China Morning Post]TME, a Tencent-affiliated music and entertainment group, witnessed a 5.5% increase in total revenue in the second quarter, reaching RMB 7.29 billion ($1.01 billion), compared to the previous year. This growth was primarily driven by a substantial rise of nearly 50% in income from its online music services. These services, which encompass music subscriptions and advertising, contribute 58.2% of the total revenue. Notably, this quarter marked the first instance where online music services revenue surpassed that of social entertainment services. The company attributed a continuous decrease in entertainment services revenue to “certain adjustments to live streaming functions” and “more stringent compliance procedures.” And it emphasized that the business is expected to experience a teens percent decrease in pressure for the second quarter. The New York-listed company gained significant attention with a record-breaking 99.4 million paid subscribers during the period. Furthermore, net profit saw a year-over-year growth of 51.6%, reaching RMB 1.30 billion between April and June. [TME]
DingTalk, Alibaba Clouds business communication and collaboration platform, will develop independently after Alibaba Cloud spins off from Alibaba Group to seek an IPO, according to an August 15 report by Chinese news agency Caixin. DingTalk will not go public as part of Alibaba Cloud, and its chief operating officer Ku Wei will leave DingTalk and return to Alibaba Cloud, the report stated. DingTalk has been operating as an independent business unit overseen by Alibaba Cloud, a source familiar with the matter told Caixin. Following the move, Alibaba Cloud and DingTalk will maintain close business cooperation, the source added. Originally incubated as an internal project at Alibaba in 2014, DingTalk became part of the Alibaba Cloud Intelligence Group in 2019. According to data from business intelligence services provider Quest Mobile, DingTalks monthly active users have remained stable at around 200 million in the past two years. [Caixin, in Chinese]Foxconn has secured a major order of chip substrates for Nvidias HGX AI servers, supplying over 50% of Nvidias total demand, according to an August 14 report by Chinese tech news site IT Home. Previously, Foxconn had obtained chip substrate orders for Nvidias DGX AI servers. Currently, the company is involved in the production of chip substrates for Nvidias two most crucial AI servers with a gradually expanding supply contribution, the report stated. Being the largest cloud service provider for Amazon and the AI server supplier for Nvidia, Foxconn holds approximately 43% of the global server market share, according to the report. [IT Home, in Chinese]
On Monday, Xiaomi CEO Lei Jun introduced the CyberDog 2, the companys second-generation quadrupedal robot, with a price of RMB 12,999 ($1,785). The CyberDog 2 looks more like a natural dog compared to its predecessor, Lei said. Xiaomi trained the Cyberdog 2 with 30,000 simulated AI dogs to achieve various enhanced movements, including jumps, bowing, flips, and quick recovery from falling. It features a set of 12 micro-actuators called CyberGear, enabling the robot to run at a speed of 1.6m/s. The robot also supports gesture interaction, voice control, obstacle avoidance, and face recognition. Currently, the Cyberdog 2 is limited for sale in the Chinese market. [IThome, in Chinese]TikToks sister app in China Douyin has launched a proprietary e-commerce store focusing on imported goods on its platform, according to an August 14 report by Chinese news agency 36Kr. The products available in the store are sourced globally by Douyins procurement team and will be delivered to customers by Douyin. Prior to this initiative, Douyin had invited overseas consumer brands from various sectors, including daily necessities, beverages, and snacks, to join the platform aiming to accelerate its presence in the cross-border e-commerce market. Currently, major Chinese e-commerce platforms like JD, Taobao, and Tmall have been actively engaging in their self-operated cross-border e-commerce businesses. With the introduction of this new proprietary e-commerce store, Douyin will have more flexibility and control in product quality, user data, and marketing strategies aimed at improving its services and establishing distinctive advantages, according to 36Kr. [36Kr, in Chinese]
TikToks sister app in China Douyin has launched a proprietary e-commerce store focusing on imported goods on its platform, according to an August 14 report by Chinese news agency 36Kr. The products available in the store are sourced globally by Douyins procurement team and will be delivered to customers by Douyin. Prior to this initiative, Douyin had invited overseas consumer brands from various sectors, including daily necessities, beverages, and snacks, to join the platform aiming to accelerate its presence in the cross-border e-commerce market. Currently, major Chinese e-commerce platforms like JD, Taobao, and Tmall have been actively engaging in their self-operated cross-border e-commerce businesses. With the introduction of this new proprietary e-commerce store, Douyin will have more flexibility and control in product quality, user data, and marketing strategies aimed at improving its services and establishing distinctive advantages, according to 36Kr. [36Kr, in Chinese]On August 14, Tesla released a statement on its Weibo account in response to recent security risk disputes. According to the statement, all Tesla vehicles are equipped with an intelligent security feature known as Sentry Mode, which helps car owners detect potential threats of damage or theft to their vehicles by recording the surroundings of the vehicles. Previously, Yueyang Airport in Chinas Hunan province prohibited the entry of Tesla vehicles due to concerns about Teslas Sentry Mode, saying that the feature may pose a potential security risk of information leakage. Tesla clarified that the Sentry Mode is disabled by default and requires car owners to activate it. Tesla explained that the data collected by Sentry Mode from Tesla vehicles is stored offline on a USB device within the vehicle, and neither Tesla nor vehicle owners can access this data through remote online channels. In the statement, the US car maker emphasized that it had established a data center in China, and all data from vehicles sold in the Chinese mainland market is stored within the country. [Tesla statement, in Chinese]On August 14, Tesla released a statement on its Weibo account in response to recent security risk disputes. According to the statement, all Tesla vehicles are equipped with an intelligent security feature known as Sentry Mode, which helps car owners detect potential threats of damage or theft to their vehicles by recording the surroundings of the vehicles. Previously, Yueyang Airport in Chinas Hunan province prohibited the entry of Tesla vehicles due to concerns about Teslas Sentry Mode, saying that the feature may pose a potential security risk of information leakage. Tesla clarified that the Sentry Mode is disabled by default and requires car owners to activate it. Tesla explained that the data collected by Sentry Mode from Tesla vehicles is stored offline on a USB device within the vehicle, and neither Tesla nor vehicle owners can access this data through remote online channels. In the statement, the US car maker emphasized that it had established a data center in China, and all data from vehicles sold in the Chinese mainland market is stored within the country. [Tesla statement, in Chinese]Xiaomi Groups chief executive officer Lei Jun revealed the companys latest advancements in large language model (LLM) technology during a public speech on August 14, according to Chinese media outlet Yicai. Xiaomis LLM, featuring a massive 1.3 billion parameters, has successfully worked on mobile devices, with its capabilities in specific scenarios comparable to a 6 billion parameter model run in the Cloud, according to Lei. Additionally, Xiao Ai, Xiaomis AI-powered voice assistant product with over 110 million monthly active users, has now been integrated with LLM-supported capabilities such as long-form dialogue and intelligent question-answering. In April of this year, Xiaomi established a dedicated LLM research team to focus on the lightweight applications of large language models. Currently, the company has established a presence in 12 technological sectors and 99 specific segments, with an expected investment of over RMB 20 billion ($2.8 billion) in research and development in 2023, Lei remarked during his public speech. [Yicai, in Chinese]
On Monday, Xiaomi launched its largest tablet, the Pad 6 Max, featuring a 14-inch LCD panel. The 14-inch screen is equivalent to a portable notebook and is 62% larger than the companys Pad 6 and Pad 6 Pro, which both offer an 11-inch screen. Powered by a Snapdragon 8+ Gen 1 chipset, the new pad boasts 2,880 x 1,800px resolution, HDR10, Dolby Vision support, 600nits brightness, and durable Gorilla Glass 5. It runs on a 10,000mAh battery, which the firm claims can last for two days of regular use. The device also claims a heat dissipation area of 15,839mm虏, allowing the device to handle games with a lower risk of overheating. The Pad 6 Max comes in two editions, black and silver, and is priced from RMB 3,599 ($495) for the basic 8GB/256GB model. [IThome, in Chinese]Chinese smartphone maker Xiaomi unveiled its latest foldable model, the Mix Fold 3, during a launch event on Monday. While the global release date is yet to be announced, the new device is scheduled to debut in China on August 16th, starting at RMB 8,999 ($1,237). In contrast to its predecessor, last year’s Mix Fold 2, the Mix Fold 3 boasts a slimmer profile, measuring 5.26mm when unfolded and 10.86mm when folded. It features Samsung’s dual E6 OLED displays and a 4,800mAh battery, with an 8.03-inch inner screen and a 6.56-inch outer screen. The Mix Fold 3 comes equipped with a quad-camera system incorporating Leica optics, consisting of a 50MP Sony IMX800 main camera, a 12MP ultrawide camera, a 10MP telephoto camera, and a 10MP periscope camera. It is powered by the Snapdragon 8 Gen 2 chipset, offering up to 16GB of RAM and 1TB of storage. Presently, it’s available in two color variants: black and gold. [IThome, in Chinese]
Chinese smartphone maker OPPO announced on Monday that its voice-enabled assistant, Xiaobu, will soon run on the firm’s self-developed AI model, AndesGPT. Industry players are rushing to embed artificial intelligence abilities into smartphone functions to remain competitive. Rival Huawei has also integrated its voice assistant, Xiaoyi, driven by the telecom giant’s Pangu 3.0 large language model, as part of its new HarmonyOS 4, which was announced a week earlier. According to OPPO, this integration will provide Xiaobu with a stronger semantic understanding of dialogue after the upgrade, and AI capabilities such as summarization will also be “greatly enhanced.” [IThome, in Chinese]The advancements in AI models are yielding “positive impacts” in enhancing equity and efficiency in human life and work, as per a recent report on Chinese domestic large language models. Conducted by a research institute of the state-supported Chinese news agency Xinhua, the report evaluated several prominent domestically developed LLMs. Baidus ERNIE Bot exhibited the “most impressive” language capability, while iFlyteks AI model SparkDesk and Zhipu AIs ChatGLM demonstrated superior logical abilities compared to their counterparts. However, the report emphasized that human intelligence and creativity remain “irreplaceable” in complex and innovative tasks. [Xinhua agency, in Chinese]
Innovusion, a laser sensor maker backed by Chinese electric vehicle maker Nio, has filed for an initial public offering on Nasdaq expected to disperse up to 21.4 million shares to investors. The move, revealed on August 10 in an announcement by the China Securities Regulatory Commission (CSRC), did not reveal further details. Meanwhile, the countrys top securities regulatory body asked the lidar supplier to file documents about the process of its overseas offering 15 working days after it becomes a public company in the US. Founded in California in 2016 by two former Baidu scientists, Innovusion makes lidar sensors for Nio that the EV company uses for its flagship ET7 sedan. Innovusion raised $66 million in August 2021 in a Series B plus round from investors including Nio Capital. [CSRC statement, in Chinese]Beijing-based ByteDances home-grown revenue only saw a 25% increase in 2022 to $69 billion from a year earlier, while the TikTok owner achieved a nearly 150% increase in overseas earnings giving the company total earnings of $85 billion last year despite weakening advertising sales. The figures, reported by The Information, cited sources familiar with ByteDances financial results. Revenue from the companys Chinese business still accounts for around 80% of the total, as national security concerns regarding TikTok continue to occupy Western countries. The report also noted that ByteDance had amassed 840 million daily active users outside China by the end of 2022, close to the 850 million daily active users the company has accrued on home turf. [The Information]
Tesla announced on Monday that it was cutting prices on the long-range version of the Model Y by RMB 14,000. This change has led to the popular variant being listed at RMB 299,900 ($41,403) in China amidst an ongoing competitive price war. Additionally, the US automaker has lowered the price of the Model Y performance, a more dynamic iteration, from RMB 363,900 to RMB 349,900. Furthermore, an insurance incentive valued at RMB 8,000 is extended to Model 3 orders placed between August 14 and September 30. This strategic move follows notable price decreases recently declared by rival automakers, such as Volkswagens China joint venture and Geelys premium brand. Earlier this month, SAIC-Volkswagen announced the reduction of its ID.4 crossovers entry-level list price to RMB 144,000, signifying a cut of nearly RMB 52,000 during the period of August 1-31. In a similar vein, Geelys Zeekr declared a 10% price reduction for its 001 hatchback sedans until year-end, starting from the announcement on August 11.聽 [Tesla announcement, in Chinese]Tesla announced on Monday that it was cutting prices on the long-range version of the Model Y by RMB 14,000. This change has led to the popular variant being listed at RMB 299,900 ($41,403) in China amidst an ongoing competitive price war. Additionally, the US automaker has lowered the price of the Model Y performance, a more dynamic iteration, from RMB 363,900 to RMB 349,900. Furthermore, an insurance incentive valued at RMB 8,000 is extended to Model 3 orders placed between August 14 and September 30. This strategic move follows notable price decreases recently declared by rival automakers, such as Volkswagens China joint venture and Geelys premium brand. Earlier this month, SAIC-Volkswagen announced the reduction of its ID.4 crossovers entry-level list price to RMB 144,000, signifying a cut of nearly RMB 52,000 during the period of August 1-31. In a similar vein, Geelys Zeekr declared a 10% price reduction for its 001 hatchback sedans until year-end, starting from the announcement on August 11.聽 [Tesla announcement, in Chinese]HoYoverse’s latest hit game, “Honkai: Star Rail,” has amassed a global revenue of $500 million (excluding PC terminals and China’s Android data), as reported by the intelligence firm Sensor Tower. This achievement is particularly noteworthy for the new turn-based RPG game, which made its debut on mobile and PC platforms in April. The game is set to launch on the PS5 in the fourth quarter of this year. Notably, the Chinese market claims the largest revenue share at 41.1%, while the Japanese, American, and South Korean markets contribute 23.9%, 12%, and 7% respectively. In the Japanese market, players of Star Rail generate an average income of $60 per download, securing the top spot across all countries and regions. [nadianshi, in Chinese]HoYoverse’s latest hit game, “Honkai: Star Rail,” has amassed a global revenue of $500 million (excluding PC terminals and China’s Android data), as reported by the intelligence firm Sensor Tower. This achievement is particularly noteworthy for the new turn-based RPG game, which made its debut on mobile and PC platforms in April. The game is set to launch on the PS5 in the fourth quarter of this year. Notably, the Chinese market claims the largest revenue share at 41.1%, while the Japanese, American, and South Korean markets contribute 23.9%, 12%, and 7% respectively. In the Japanese market, players of Star Rail generate an average income of $60 per download, securing the top spot across all countries and regions. [nadianshi, in Chinese]
Chinese automaker Neta announced on August 10 a plan to sell its electric vehicles in Indonesia from the fourth quarter of this year. The Hozon-owned company presented three EV models at the Gaikindo Indonesia International Auto Show on August 10 and has initiated pre-orders for the popular Neta V crossover in Indonesia, with a price tag of 379 million rupiah ($24,967). This marks Netas debut in Indonesia, having previously expanded to Thailand, Malaysia, and other ASEAN countries. Additionally, Neta has signed an agreement with Indonesias PT Handal Indonesia Motor to start localized assembly and production in the country from the second quarter of 2024, according to the firms statement. The brand, known as Nezha in China, said it exported approximately 8,000 units in the first half of this year. Currently, it is in the process of establishing its first overseas plant in Thailand, with production expected to commence in January 2024. During the first quarter of this year, the Neta V was the second best-selling EV in Southeast Asia, behind BYDs Atto 3, according to market research firm Counterpoint. [Neta statement, in Chinese]Chinese automaker Neta announced on August 10 a plan to sell its electric vehicles in Indonesia from the fourth quarter of this year. The Hozon-owned company presented three EV models at the Gaikindo Indonesia International Auto Show on August 10 and has initiated pre-orders for the popular Neta V crossover in Indonesia, with a price tag of 379 million rupiah ($24,967). This marks Netas debut in Indonesia, having previously expanded to Thailand, Malaysia, and other ASEAN countries. Additionally, Neta has signed an agreement with Indonesias PT Handal Indonesia Motor to start localized assembly and production in the country from the second quarter of 2024, according to the firms statement. The brand, known as Nezha in China, said it exported approximately 8,000 units in the first half of this year. Currently, it is in the process of establishing its first overseas plant in Thailand, with production expected to commence in January 2024. During the first quarter of this year, the Neta V was the second best-selling EV in Southeast Asia, behind BYDs Atto 3, according to market research firm Counterpoint. [Neta statement, in Chinese]
On August 10, the Chinese short video platform Kuaishou showcased a new AIGC solution and AIGC digital human product called Kuaishou Zhibo. Wang Zhongyuan, the head of Kuaishous AI business, highlighted that the AIGC solution is built upon Kuaishous self-developed foundational large language model. It will help creators in the generation of text, images, music, videos, and 3D works by providing them with inspiration, creative materials, and intelligent production services, the firm said. Additionally, the company is developing technologies such as text-to-image creation, AI-supported cameras, and intelligent video scripting for its portrait camera app Yitian Camera, and its video editing app Kuaiying, among others. [36Kr, in Chinese]Tesla has won its case against Tesila Beer over a trademark dispute, according to Shanghai Securities News. The court ruled that Teslas series of trademarks are well-known and were being infringed by the unrelated beverage. It ordered Tesila Beer to immediately cease infringement of Teslas exclusive rights, stop unfair competition practices, compensate Tesla with RMB 5 million ($691,000), and publish articles in newspapers to clarify the facts of the case. Starting from 2019, a series of alcoholic beverages named Tesila Soda and Tesila Beer appeared in the market. The products featured a T-shaped logo similar to Teslas trademark, and some of the promotional materials even had pictures of Teslas Model X vehicles on them. Prior to the lawsuit, Tesla had also taken legal action against certain car sellers in China for using TESILA Used Car as a trademark. [Shanghai Securities News, in Chinese]
Tesla has won its case against Tesila Beer over a trademark dispute, according to Shanghai Securities News. The court ruled that Teslas series of trademarks are well-known and were being infringed by the unrelated beverage. It ordered Tesila Beer to immediately cease infringement of Teslas exclusive rights, stop unfair competition practices, compensate Tesla with RMB 5 million ($691,000), and publish articles in newspapers to clarify the facts of the case. Starting from 2019, a series of alcoholic beverages named Tesila Soda and Tesila Beer appeared in the market. The products featured a T-shaped logo similar to Teslas trademark, and some of the promotional materials even had pictures of Teslas Model X vehicles on them. Prior to the lawsuit, Tesla had also taken legal action against certain car sellers in China for using TESILA Used Car as a trademark. [Shanghai Securities News, in Chinese]On August 9, Chinese automaker Geely and tech giant Baidu jointly established an automotive technology company with a registered capital of RMB 10 million ($1.38 million). Geely and Baidus wholly-owned subsidiaries hold 65% and 35% stakes in the new company, respectively. Currently, neither Geely nor Baidu has disclosed the development direction of their new joint venture, but the newly established companys business scope comprises sales of new energy vehicles, operations of EV charging infrastructure, and sales of batteries and digital technology services according to the publicly available information on corporate data site Tianyancha. Geely and Baidu previously established the robocar brand JIDU together in March 2021. In October 2022, JIDUs first model, the limited ROBO-01 Lunar Edition, was officially unveiled at a price of RMB 399,800 ($55,292). The vehicle was developed based on Baidus Apollo autonomous driving technology and was manufactured by Geely. [IT Home, in Chinese]
