Topic: china market
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Tesla and BYD Lose Ground with Chinese EV Buyers
Tesla's sales in China have declined for two consecutive months, with an 8.4% drop in July and a 4% year-on-year decrease in August, indicating growing challenges in a key market. BYD, Tesla's main rival in China, also saw a sharp 30% fall in quarterly profits due to government intervention endin...
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Nvidia Shatters Sales Records Amid Surging AI Boom
Nvidia reported record-breaking quarterly revenue of $46.7 billion, driven by a 56% surge in data center sales due to soaring AI infrastructure demand. The company's net income rose 59% to $26.4 billion, with the new Blackwell AI platform contributing significantly to data center revenue. Despite...
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The Secret Behind Talking Tom's 26 Billion Downloads
The Talking Tom franchise has surpassed 26 billion downloads, making it one of the most downloaded mobile game series ever, with a significant portion of downloads coming from populous countries like India, Brazil, and China. Its success is attributed to perfect timing, launching during the smart...
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Nvidia's $46.7B Q2 Triumph: Next Challenge Is Inference ASICs
Nvidia reported a record $46.7 billion in Q2 revenue, driven by a 56% surge in data center sales, highlighting its dominance in AI infrastructure. Despite Nvidia's strong position, competitors like Broadcom and tech giants such as Google and Meta are advancing with custom ASICs, aiming for cost e...
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Jim Cramer: Apple Stock Vindicates Patient Bulls, Rally Just Beginning
Apple's stock has surged to an all-time high, driven by strong demand for the latest iPhone 17 series, which is outselling its predecessor by 14% in the U.S. and China, with positive analyst upgrades fueling further optimism. Financial commentator Jim Cramer highlighted that fears over tariffs an...
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Motorola Unveils Ultra-Thin Air Phone
Motorola's X70 Air is an ultra-thin smartphone with a substantial 4,800mAh battery, aiming to compete with sleek rivals like Apple and Samsung by offering a slim design without sacrificing battery life. The device features a 6.7-inch display and the Snapdragon 7 Gen 4 chipset, providing solid per...
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Hyundai's New Elexio SUV Features Standard Dolby Atmos
Hyundai is introducing Dolby Atmos spatial audio as a standard feature in its affordable Elexio EV SUV in China, making this premium technology accessible beyond luxury vehicles. The Dolby Atmos system is included across all trims without extra cost, using a six-speaker setup with an optional eig...
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Battlefield 6 Sells 6.5M Copies, Earns $350M in Days
Battlefield 6 achieved remarkable commercial success, selling over 6.5 million copies and generating more than $350 million in revenue within just four days of its release. The launch was heavily dominated by PC sales via Steam, which accounted for 56.7% of all sales, while PlayStation 5 and Xbox...
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Apple Reportedly Slashes iPhone Air Production Due to Weak Sales
Apple is reducing iPhone Air production by about one million units due to weaker-than-expected sales, while increasing output for other models by a combined two million units. The iPhone 17 Pro, Pro Max, and standard models are performing strongly, surpassing previous generations and leading to a...
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