Honda Motor said it will extend a production halt at three car plants in China by two weeks due to a semiconductor shortage, reports Reuters. This halt highlights persistent supply chain strains for Japan’s second-biggest automaker. The factories, run with Guangzhou Automobile Group had been set to restart operations on Monday but will now resume on […]
Category: Tech, Media & Telecom
Chinese automotive chip designer Black Sesame Technologies’ Huashan A2000 chip has passed reviews by US authorities, reports the South China Morning Post. The move is expected to pave the way for a global rollout. Built on the advanced 7-nanometre process, which was ready for mass production in January 2025, was subject to US scrutiny “due to […]
Xiaomi is raising its delivery target for electric vehicles (EVs) to 550,000 units in 2026 as the tech giant seeks to expand its revenue base, reports Caixin. The target, announced by founder Lei Jun is up 34% from last year’s sales of 410,000 cars. The goal shows Xiaomi’s confidence in the continued expansion of its EV […]
Chinese private rocket company LandSpace Technology has received the green light to list on Shanghai’s STAR Market, marking a potential first for China’s fledgling commercial space sector, reports Caixin. The company aims to raise RMB 7.5 billion ($1.1 billion) through the offering. According to a stock exchange filing, the Shanghai bourse accepted LandSpace’s listing application on […]
Lacklustre sales at the end of 2025 will bode ill for the Chinese electric vehicle (EV) domestic market this year, reports the South China Morning Post, with low-priced carmakers under pressure to offer further price cuts amid an adjusted trade-in subsidy mechanism. A bleak outlook could also prompt authorities to rein in a discount war as few assemblers […]