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Qualcomm showed off new mobile processors to power edge devices running AI applications. Qualcomm stock dropped Wednesday.

By Laurie Chen BEIJING, Sept 18 (Reuters) - Washington and Beijing are finalising a group of Chinese business leaders to join President Xi Jinping's upcoming visit to Washington, three sources

Huawei Technologies Co. and Xiaomi Corp. are raising the stakes in China’s smartphone arena just days before Apple Inc.’s first foray into the foldable category.

The new AI model that’s swept to the top of online usage charts with high performance at zero cost was created by China’s Z.AI Co., also known as Zhipu.

Alibaba Group Holding Ltd.'s efforts to revive sentiment after its $10 billion share placement has failed to dispel investor concerns over how it chose to finance its AI ambition.

Chinese smartphone maker Xiaomi on Monday unveiled a new version of its in-house Xring handset processor, betting that deeper control over key components will help strengthen its supply chain ‌and reduce reliance on external chip suppliers. The introduction of Xring O3 comes a year after Xiaomi launched ‌its first proprietary smartphone processor, the Xring O1, marking the latest step in the world's third-largest smartphone vendor's push to join rivals such as Apple, Samsung ​Electronics and Huawei in developing its own chips. TSMC will manufacture the new chip using its 3-nanometre production technology, two people familiar with the matter said.

Chinese smartphone maker Xiaomi on Monday unveiled a new version of its in-house Xring handset processor, betting that deeper control over key components will help strengthen its supply chain ‌and reduce reliance on external chip suppliers. The introduction of Xring O3 comes a year after Xiaomi launched ‌its first proprietary smartphone processor, the Xring O1, marking the latest step in the world's third-largest smartphone vendor's push to join rivals such as Apple, Samsung ​Electronics and Huawei in developing its own chips. TSMC will manufacture the new chip using its 3-nanometre production technology, two people familiar with the matter said.

The world’s third-largest phone maker made a deliberate trade last quarter. The bill came from somewhere else entirely.

Xiaomi Corp (XIACF) navigates rising memory costs with strategic product mix optimization, achieving record-high smartphone ASP and advancing AI monetization in Q2 2026.

Xiaomi Corp. posted its third consecutive profit decline, underscoring the heavy toll a persistent global memory shortage has taken on one of the world’s top smartphone makers.

Xiaomi continues to face headwinds, with pricier memory chips pressuring smartphone margins, and reduced subsidies adding to already subdued consumer demand.

China's Xiaomi Corp posted a fall of 42.6% in second-quarter net profit on Tuesday, missing analysts' estimates, as higher costs ‌of memory and other components squeezed margins for the maker of smartphones ‌and electric vehicles. Adjusted net profit of 6.2 billion yuan ($919.50 million)for the period from April to June, fell ​short of an average analyst estimate of 6.6 billion yuan, according to LSEG data. Xiaomi's smartphone revenue fell 7.5% year-on-year to 42.1 billion yuan, while its smartphone gross margin declined ⁠to 8.5% from 11.5% a year earlier, clipped by higher prices for key components.

CXMT Corp.’s ascent to the pinnacle of Chinese markets heralds a potentially consequential shift away from private-sector giants toward a new generation of hardware companies more closely aligned with Beijing’s strategic ambitions.

Alibaba Group Holding Ltd., Baidu Inc. and Kuaishou Technology are the next big names in tech that will have to address concerns over the mounting financial costs needed to sustain intense AI competition.

Waymo has imported 3,200 Zeekr cars from China since 2024 through the Port of Los Angeles. Most of those vehicles were imported this year.

After decades of winning over Chinese buyers with its German engineering, Mercedes-Benz Group AG sold only 1,153 units in China in the first half of 2026, a fraction of the more than 80,000 similarly priced SU7 sedans Xiaomi Corp. delivered in the period. The performance echoes the challenges BMW AG, Volkswagen AG and Porsche AG face in China, where they all reported second-quarter sales declines of at least 30%, worse than the overall market's drop. Bloomberg's William Wilkes reports.