On Tuesday, MediaTek held the MediaTek Dimensity Developer Conference (MDDC) 2024 in Shenzhen, where the Taiwan-based semiconductor company unveiled its latest flagship 5G chipset, the Dimensity 9300+. With a theme of “AI Empowers Everything,” MDDC 2024 delved into the applications and advances in artificial intelligence technology across various domains, and the possibilities it brings to terminal devices. Why it matters: MediaTek introduced the Dimensity 9300+ less than two months after the launch of Qualcomm’s Snapdragon 8s Gen 3. Amid slow growth in the smartphone industry, MediaTek is ag ..read more

Chinese food delivery giant Meituan’s Hong Kong-focused platform KeeTa led the territory’s food delivery market in terms of order volume in March, with its 44% share of total orders surpassing rival Foodpanda for the first time, according to data from third-party analysis platform Measurable AI. However, when calculating overall sales volume, KeeTa’s 36% market share is still slightly lower than Foodpanda’s 39% during the period. The results have encouraged Meituan to “actively evaluate opportunities in other markets,” CEO Wang Xing said in a recent earnings call, following a Bloomberg report ..read more

In response to criticism by the European Commission, China’s biggest automaker SAIC said it has “fully cooperated” with the latest EU anti-subsidy investigation launched by the agency. The state-owned manufacturer, along with peers BYD and Geely, was earlier accused of not supplying sufficient information. The comments come as the Commission warned the three automakers that they had failed to satisfy investigators considering whether the bloc would impose higher import duties on Chinese electric vehicle imports, according to a May 3 report by Reuters. SAIC told Reuters it had complied with Wo ..read more

TikTok and its Chinese parent ByteDance launched legal action against the US government on Tuesday after it passed sell-or-ban legislation targeting the short video app. TikTok argues that the law signed by president Joe Biden in April that forces its Chinese owners to divest in nine months violates the First Amendment of the US Constitution. According to the lawsuit, TikTok said “for the first time in history, Congress has enacted a law that subjects a single, named speech platform to a permanent, nationwide ban,” while arguing that Congress had failed to offer any evidence that TikTok poses ..read more

Chinese self-driving car startup Momenta is exploring a US initial public offering this year that could raise as much as $300 million, Bloomberg reported on Monday, citing sources familiar with the matter. Momenta, backed by auto giants including General Motors, Toyota, and BYD, has engaged China International Capital Corp., Goldman Sachs, and UBS to assist with its plan, but has not yet confirmed its listing location, the report said. The Suzhou-headquartered company is https://technode.com/2024/04/09/toyotas-china-joint-venture-to-use-huawei-components-for-autonomous-driving-report/reported ..read more

Alibaba’s marketplace Taobao has dropped its presale period for the upcoming 618 shopping festival, a promotional mechanism that it had been using for a decade to stimulate sales. Previously under the strategy, consumers were required to pay a deposit in advance, and then pay the final amount within a specified date range, but would not receive the goods until after the latter had cleared, leading to longer delivery times than usual.  Why it matters: Alibaba is expected to focus on optimizing user experience during the mid-year shopping bonanza in an effort to offer more straightforward ..read more

Chinese electric vehicle giant BYD and its peers have received a warm welcome from France as French finance minister Bruno Le Maire said on Monday the government is open to the possibility of the companies establishing their factories in the country. “France welcomes all industrial projects. BYD and the Chinese auto industry are very welcome in France,” Le Maire said at a meeting with a group of automotive business leaders in Paris on the sidelines of a two-day state visit by Chinese President Xi Jinping. In a meeting with French leader Emmanuel Macron on Monday, Xi said claims that state sub ..read more

At the social platform Weibo, tech blogger Digital Chat Station revealed on Monday that Vivo will unveil its latest phone models on May 13, including the Vivo X100s, X100s Pro, and X100 Ultra. The X100s and X100s Pro will feature the Dimensity 9300+ chipset, while the X100 Ultra is expected to sport the Qualcomm Snapdragon 8 Gen 3 processor, according to sources. The flagship boasts a 200-megapixel Zeiss APO (apochromatic) super telephoto lens, labeled as the industry’s largest 1/1.4 bottom telephoto, with an f/2.67 aperture, 22.48mm physical focal length, and the capability to output resolut ..read more

Based on information from the Xiaomi HypeOS source code, Xiaomi is preparing to launch the CIVI 4 Pro Disney Princess Edition in the coming weeks following the release of the standard CIVI 4 Pro version on March 21. This unique edition, inspired by Disney characters, will feature a Disney-themed UI (User Interface) and two exclusive camera watermarks named Snow White and Evil Queen. The Disney Princess Edition will share the same specifications as the standard version, including the Snapdragon 8s Gen 3 chipset, a 6.55-inch AMOLED display with a resolution of 1,236 x 2,750, a 120Hz refresh rat ..read more

Tesla’s senior vice president, Tom Zhu, a longtime head of its China operations and once deemed as the top internal candidate to replace chief executive Elon Musk, is to reprise the position as the vice president of Greater China he held until last August. Multiple bloggers have contended that Zhu has recently resigned from his roles with Tesla in North America and Europe, and expected the Musk’s close associate to boost the US automaker’s growth in the world’s most competitive EV market. Tesla is facing mounting pressure to tackle the challenges from a slew of Chinese big players such as BYD ..read more