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News on the Internet & Tech Industry in China

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Kuaishou’s new businesses propel huge growth
Dec 2, 2022 (WiC 610)

Recently, short-video platform Kuaishou added a new feature called ‘Blind Date Corner’. As the name implies, it’s a livestream with an angle on matchmaking, where viewers can check out the other interested parties. “It seems that ...

Game over for Activision?

A successful 14-year Sino-US partnership in the gaming world ‘decouples’
Nov 25, 2022 (WiC 609)

All good things must come to an end, and so has the 14-year partnership between NetEase and Activision Blizzard. Last week, the Chinese internet giant announced that it is calling a halt to the licencing deal with US game publisher, which covered ...

Losing Apple’s ear

Goertek’s stock slumps on loss of Airpods order
Nov 18, 2022 (WiC 608)

Apple first released its AirPods Pro in 2019. At the time, the new wireless earbuds were considered an upgrade because they offered noise-cancelling technology. AirPods Pro 2 , which the tech giant unveiled in September, promise even more ...

Firms react to Capitol call

To keep selling chips in China, Nvidia is downgrading their speeds
Nov 11, 2022 (WiC 607)

When the Biden administration announced another round of restrictions on exports of semiconductor chips to China last month the news put hundreds of millions of dollars of sales at risk. Investors took fright, selling down the shares of US ...

Decoupling doublespeak

US tech execs speak at China internet conference in Wuzhen
Nov 11, 2022 (WiC 607)

After decades of keeping a low profile, aka ‘hide your light and bide your time’, China’s diplomatic mantra has been rebooted to one about striving to build “a community with a shared future for mankind”. The phrase first found its ...

Luo gets a reality check

Meituan backs serial entrepreneur’s new augmented reality business
Oct 28, 2022 (WiC 605)

After announcing that he was stepping away from social media in June to focus on his next venture, entrepreneur-turned-livestreamer Luo Yonghao surprised his fans by returning to screens on Monday. Also notable: he has ditched Douyin, with whom ...

China looks to ‘leapfrog’ with photonics chip plan
Oct 28, 2022 (WiC 605)

China’s history of leapfrogging in technology was often the result of realities on the ground. Back in the 1980s it trailed other countries in rolling out copper wire for telephones, for instance. That meant that hundreds of millions of Chinese ...

More restrictions on US chip exports to China
Oct 20, 2022 (WiC 604)

The war of words in the semiconductor sector rumbled on this weekend when Xi Jinping, the Chinese president, promised to “resolutely win the battle in key core technologies” during his speech at the opening of the twice-a-decade National ...

Focusing on the future

JD boss Richard Liu settles case with accuser
Oct 7, 2022 (WiC 603)

When JD.com boss Liu Qiangdong – better known as Richard Liu outside China – was accused of sexual assault in Minnesota four years ago, the share price of his New York-listed company tumbled. A picture of the founder of one of China’s ...

The briefer, the better

Short video reaches saturation point in China, but profits can go higher
Sep 30, 2022 (WiC 602)

Getting (and keeping) attention on Chinese social media is becoming more of a challenge. ‘Short video’ giants like Douyin and Kuaishou should get some of the blame for the splintering of concentration spans around the country. But they are ...

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