Embattled telecoms giant Huawei is in late-stage discussions to sell its x86 server business amid difficulties in securing process from Intel due to the US blacklisting of the Chinese f... Read more
China’s services sector activity grew at a weaker pace in October, as the country battles small-scale Covid-19 outbreaks mostly affecting the northern provinces, reports Reuters. According t... Read more
Three of the largest power-producing companies in China lost billions of yuan in Q3 2021, thanks to skyrocketing coal prices and a state-run pricing system that stopped them from pushin... Read more
Apple generated record revenues of $83.4 billion in Q3 but would have made billions more without the supply chain problems punishing the global tech sector, reports Nikkei. The company’s rev... Read more
Chinese food-delivery giant Meituan is shifting its strategic focus to “retailing plus technology” from “food plus platform” in a marked change of business direction, as China’s biggest on-d... Read more
You must be logged in to post a comment.