Xiaomi reported strong progress in its electric vehicle (EV) and artificial intelligence (AI) businesses during its first-quarter 2025 earnings call on May 27, with company executives highlighting notable improvements in operational efficiency and a renewed commitment to long-term innovation through increased investment
Xiaomi is doubling down on its smartphone premiumization strategy as it adapts to evolving market dynamics in China and abroad, company executives said during its first-quarter 2025 earnings call held on May 27, 2025. While total smartphone market growth this year is expected to trail earlier expectations, the company is prioritizing a refined product mix over volume expansion, focusing on higher-margin mid- to high-end models
In recent weeks, Chinese automotive giant BYD has slashed prices on as many as 22 of its electric vehicle (EV) models, including both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). Price reductions have reached as high as 35%, with discounts set to run through the end of June. However, this relentless "race to the bottom" has raised serious concerns about the long-term sustainability of the industry
Will Semiconductor, a major player in China's image sensor market, has rebranded as OmniVision Group—a strategic pivot designed to boost global brand visibility and scale international operations. The move reflects the company's evolution from a sales-led model to a vertically integrated design and manufacturing enterprise
Xiaomi executives emphasized a patient, long-term strategy for self-developed chips during the company's first-quarter 2025 earnings call held on May 27. Partner and president Lu Weibing and VP and CFO Alain Lam said the company's Xring chip initiative is concentrated on flagship smartphone SoCs, with plans to gradually expand into other categories only after mastering this high-end segment
Xiaomi posted strong first-quarter 2025 results, with net profit jumping 161.2% year-over-year to CNY10.92 billion (approx. US$1.52 billion), driven by booming EV and IoT sales. Revenue rose 47.4% to CNY111.29 billion, underscoring solid demand across its product lines and growing momentum in smart appliances and electric vehicles
At the 2025 Osaka-Kansai Expo, Japan's NTT presents its corporate pavilion under the theme "Parallel Travel." Through a narrative that transcends time and space, the company offers an experimental glimpse into the future of communication
Samsung Electronics has reportedly secured the production order for Nintendo's next-generation game console, the Switch 2's core chip, marking a significant turning point for its foundry business. Nintendo is adopting Samsung's 8nm process, replacing the long-standing manufacturing partnership with TSMC, which adds considerable strategic significance to Samsung's global semiconductor foundry position
In the first half of 2025, Nvidia CEO Jensen Huang officially announced that the company will no longer release Hopper architecture AI chips tailored for China. This announcement sent shockwaves through China's tech industry, raising concerns about whether the country's three major internet giants—Tencent, Baidu, and Alibaba, which have long relied on Nvidia GPUs as the core for large model training and AI development, are prepared to respond
While the US-China trade war has entered a tentative truce, tensions in the semiconductor sector are escalating, placing renewed scrutiny on Taiwan's IC substrate manufacturers operating in China. The unfolding dynamics raise doubts about the actual effectiveness of US chip sanctions
US President Donald Trump's announced 25% tariff on smartphones manufactured outside the US has once again ruffled the feathers of markets, especially for Apple and Samsung Electronics, which will be caught in its direct crosshairs. The move, set to be enforced from late June 2025, is intended to pressure companies to shift their production to American soil, another attempt to fulfill Trump's long-standing campaign promise
ChangXin Memory Technologies (CXMT), China's top DRAM supplier, is reportedly preparing to phase out DDR4 products for server and PC use by mid-2026. As the company pivots to DDR5 and high-bandwidth memory (HBM), analysts warn the move could flood the market with next-gen DRAM, intensifying oversupply risks
Huawei recently unveiled its first HarmonyOS-powered computer, a significant milestone in the company's technological evolution. According to a report by China's state-run CCTV, the new PC is equipped with the cutting-edge Kirin X90 chip built on 5nm process technology, alongside Huawei's proprietary operating system, HarmonyOS. CCTV further emphasized that "domestic semiconductor devices have, for the first time, achieved a self-sustaining, complete ecosystem in terms of performance and other facets.
A debate has erupted in the tech industry over the origin of Xiaomi's flagship system-on-chip (SoC), the XRing O1, with mounting questions about whether it represents a truly in-house development or a customized solution from chip designer Arm. The controversy deepened after Arm Holdings quietly revised a press release, removing the phrase "custom silicon" in reference to the chip
At the Ascend AI Developer Summit on May 26, 2025, Huawei unveiled its new Ascend SuperNode architecture, the foundation of its CloudMatrix 384 high-performance AI compute cluster. Comprised of 384 Ascend 910C processors housed across 12 compute cabinets and 4 bus cabinets, the system delivers 300 petaflops of processing power and 48 terabytes of high-bandwidth memory—nearly double the BF16 compute throughput of Nvidia's GB200 NVL72 system
