Chris Liu
The Latest
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Extreme Weather Halts iPhone Production at Foxconn, Pegatron in India
Taiwanese manufacturers Foxconn and Pegatron have paused operations at their facilities near Chennai, India, due to severe weather conditions. 
Taiwanese manufacturers Foxconn and Pegatron have paused operations at their facilities near Chennai, India, due to severe weather conditions. -
OpenAI's Strategic Delay of Custom GPT Store Launch Till 2024 Amid Leadership Shuffle
This delay follows the brief dismissal and subsequent reinstatement of CEO Sam Altman, reflecting the company's focus on refining its AI models in response to customer feedback. 
This delay follows the brief dismissal and subsequent reinstatement of CEO Sam Altman, reflecting the company's focus on refining its AI models in response to customer feedback. -
Pinduoduo Surpasses Alibaba in Market Value: A New Era in Chinese E-commerce
In a significant shift in the Chinese e-commerce landscape, Pinduoduo briefly surpassed Alibaba in market value on the evening of November 29, reaching $192 billion compared to Alibaba's $191.5 billion. 
In a significant shift in the Chinese e-commerce landscape, Pinduoduo briefly surpassed Alibaba in market value on the evening of November 29, reaching $192 billion compared to Alibaba's $191.5 billion. -
Beijing Internet Court Rules on Landmark AI-Generated Image Copyright Case
Recently, the Beijing Internet Court issued a first-instance judgment in a dispute over copyright infringement involving an AI-generated image. This case has garnered significant attention as it's the first of its kind in China's AI-generated image copyright field. 
Recently, the Beijing Internet Court issued a first-instance judgment in a dispute over copyright infringement involving an AI-generated image. This case has garnered significant attention as it's the first of its kind in China's AI-generated image copyright field. -
Huawei Sells Major Stake in New Smart Car Venture for $35 Billion: Report
Huawei Technologies is preparing to divest up to 40% of its shares in its newly established smart car software and components firm. 
Huawei Technologies is preparing to divest up to 40% of its shares in its newly established smart car software and components firm. -
ByteDance Scales Back Ambitions in Gaming, Reflecting a Shift in Strategy
ByteDance's belief in achieving miracles through significant efforts seems to falter outside of social media and e-commerce, suggesting that no giant can dominate every business sector. 
ByteDance's belief in achieving miracles through significant efforts seems to falter outside of social media and e-commerce, suggesting that no giant can dominate every business sector. -
PDD Holdings' Revenue Surges as Temu Drives Growth in E-commerce Market
The surge, marking a nearly 14% increase in premarket trading of its U.S.-listed shares, is attributed to the aggressive discounting strategy and the growing popularity of Temu, its international e-commerce arm. 
The surge, marking a nearly 14% increase in premarket trading of its U.S.-listed shares, is attributed to the aggressive discounting strategy and the growing popularity of Temu, its international e-commerce arm. -
Alipay Set to Divest Entire Zomato Stake for $400 Million in Block Deal: Report
Alipay, the Chinese payment giant owned by Ant Group, is gearing up to sell its 3.4% stake in Indian food delivery behemoth Zomato for nearly $400 million. 
Alipay, the Chinese payment giant owned by Ant Group, is gearing up to sell its 3.4% stake in Indian food delivery behemoth Zomato for nearly $400 million. -
Foxconn Boosts India Presence, Pledges $1.5 Billion Amid Diversification from China
Taiwan's Foxconn, the world's largest contract manufacturer of electronics, has announced an investment of $1.5 billion in India. The company, known for being a major supplier for Apple, detailed its investment plans in a recent stock exchange filing. Taiwan's Foxconn, the world's largest contract manufacturer of electronics, has announced an investment of $1.5 billion in India. The company, known for being a major supplier for Apple, detailed its investment plans in a recent stock exchange filing. -
Shein Eyes U.S. Public Markets with Confidential IPO Filing
The Chinese fast-fashion giant Shein has taken a significant step towards expanding its global footprint by confidentially filing for an initial public offering (IPO) in the United States. Sources familiar with the matter indicate that the company, which was last valued at $66 billion, is aiming for a public market debut as early as 2024. 
The Chinese fast-fashion giant Shein has taken a significant step towards expanding its global footprint by confidentially filing for an initial public offering (IPO) in the United States. Sources familiar with the matter indicate that the company, which was last valued at $66 billion, is aiming for a public market debut as early as 2024.
