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Xiaomi reports 3.1% revenue growth in Q2 despite restricted production in India

Xiaomi reported a revenue of $7.77 billion for the quarter that ended in June this year, up 3.1% since the same period last year and up 7.7% over the previous quarter as the Chinese smartphone maker

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Chinese EV maker XPeng looks to raise up to $1.11 billion in U.S. IPO

Xpeng P7 electric vehicle on display at Auto Shanghai 2019. /VCG Chinese electric vehicle (EV) maker XPeng Inc. said it hopes to raise up to 1.11 billion U.S. dollars in its initial public off

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Fortune Global 500: Rising Chinese enterprises on world stage

As China grows stronger on the world stage, Chinese enterprises have become an indispensable part in promoting global economic development. The number of Chinese enterprises on theFortune Global 5

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The Wear OS fall update promises better performance, simplified pairing and more

Google today announced a few new features Wear OS we can expect from the next over-the-air update, which is slated to arrive this fall.The focus here, Google says, is on fundamentals and that includes

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How China’s ACRCloud detects copyrighted music in short videos

Music is the front and center in the rise of TikTok and other short video apps. It’s not just the video platforms that are harvesting the fruit of their surging popularity. Music rights holders

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Fortune 500 sees more Chinese companies than U.S. ones

There are more Chinese companies on the Fortune Global 500 list this year than U.S. ones for the first time, adding more Chinese vitality into the global annual ranking, according to the Fortune G

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Amazon tops 1 million Prime subscribers in India; reports record seller participation in Prime Day

Amazon has amassed at least 1 million subscribers for its Prime loyalty service in India, the e-commerce giant revealed today in a long rundown of how its platform fared during last week’s Prime Day

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Chinese EV maker Xpeng files for New York IPO

Chinese electric vehicle (EV) maker Xpeng Inc, backed by Alibaba and Xiaomi Corp, filed to list its shares in New York on Friday, following a surge in value from rivals. Chinese electric vehic

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More Chinese phones could lose US apps under Trump’s Clean Network

Over a third of the world’s smartphone sales come from Chinese vendors Huawei, Xiaomi and Oppo. These manufacturers have thrived not only because they offer value-for-money handsets thanks to Ch

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Google's bid for Fitbit investigated by EU amid fears over health data

Regulators are worried the deal may give Google an advantage over rivals by having access to data from Fitbit's fitness trackers.

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EU to further investigate Google's acquisition bid for Fitbit

The European Commission said on Tuesday that it has opened an in-depth investigation to assess the proposed acquisition of Fitbit by Google, under the European Union (E

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Chinese EV maker Xpeng raises another 300 million USD, sources say

Chinese electric vehicle (EV) maker Xpeng Motors has raised an additional 300 million U.S. dollars from investors including Qatar's sovereign wealth fund, people familiar with the matter said.As enth

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APD | From whom India benefits more: China or US?

By APD writer AliceUS Secretary of State Mike Pompeo called on India to focus on domestic supply chains and reduce its dependence on China at a recent online meeting of

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The myth of Apple production leaving China

The Apple logo is seen at Apple's official retail store in Shanghai, November 1, 2019. /VCG Editor's note: Tom Fowdy is a British political and international relations analyst and a graduate o

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Apple begins assembling iPhone 11 in India

Apple’s contract manufacturing partner Foxconn has started to assemble the current generation of iPhone units — the iPhone 11 lineup — in its plant near southern city of Chennai, a source

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China-India standoff piles up uncertainties among Chinese investors

VCG Photo Chinese investors who were once keen on the Indian market have become more cautious since the "boycott China" campaign emerged in India, a reminder to both sides that business is not

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Alibaba-backed EV maker Xpeng raises $500 million

A woman walks by an Xpeng Motors showroom at its headquarters in Guangzhou, Guangdong Province, China May 18, 2020. /Reuters Chinese electric vehicle (EV) manufacturer Xpeng Motors, backed by