News with the tag "Xiaomi"

Chinese authorities summoned executives from the country’s major electric vehicle (EV) manufacturers, including industry leader BYD Co., to a closed-door meeting in Beijing this week, according to people familiar with the matter, cited by Bloomberg. The intervention reportedly involved three of the ...

China’s electric vehicle market is in danger of destabilization due to the ongoing price wars by leaders of the industry like BYD. Last year, Goldman Sachs warned that the ongoing price war in China’s electric vehicle market would only get worse. This year, following a price reduction from one of th...

Chinese smartphone manufacturers intend to replace manual app navigation with hands-free, seamless operations that use AI models. This technology promises unmatched ease, but it raises questions about user control over devices and apps. Local players like Xiaomi, Vivo, Oppo, and Honor are involved i...

Samsung wants to crush the competition in consumer electronics, and AI is its weapon of choice. The company wants to outpace the growth projected for the global consumer electronics market in 2025. CEO Jong-Hee Han, who also heads Samsung’s Device eXperience (DX) division, said they’re expecting a 4...

Humanoid robots are advancing at breakneck speed, and it’s all thanks to the relentless progress in artificial intelligence. These machines, built to mimic human form and function, are no longer clunky prototypes stumbling over simple tasks. Now they’re equipped with advanced AI systems that enable ...

Trust Wallet has issued a warning about scam apps listed on Xiaomi and Amazon stores, urging users to download the application only from verified sources. Binance-backed cryptocurrency wallet Trust Wallet has alerted its users about potential scam versions of its…

In a pivotal moment following discussions between Chinese President Xi Jinping and US President Joe Biden at the Asia-Pacific Economic Cooperation summit, a ray of optimism brightens the landscape of China’s tech industry. The leaders have pledged to engage in a dialogue on artificial intelligence, ...

Two China-tied brokers are planning to apply for a virtual asset service platform (VASP) license to offer services for retail clients. A new pair of financial entities with close ties to China plan to start offering crypto services in Hong…