The US firm sold one in five of all handsets last year, though overall sales dropped as consumers cut their spending

US tech giant will cut up to 500 yuan ($70) on the price of its iPhone 15 in China later this week in a rare promotion in the lead-up to the Lunar New Year

China has the potential to become the world’s largest market for autonomous vehicles, with total sales predicted to hit $230 billion by 2030

Jefferies analysts predict Apple's shipment volumes to China will see double digits declines in 2024

The smartphone giant’s chief Lei Jun said the company was aiming to become 'one of the world's top five automakers'

The move by Huawei comes as global automakers in China increasingly seek to partner with Chinese carmakers

The firm are reportedly committed to the factory plan regardless of a number of European bans on the use of 5G equipment made by Huawei and China's ZTE

Huawei has said the new unit will engage in R&D, production, sales and service of intelligent automotive systems and component solutions

The e-commerce outfit had unveiled plans in March to list its cloud business as part of the biggest restructuring in its 24-year history

Asia’s major indexes largely advanced but China’s stuttering recovery and this week’s Xi-Biden meet saw many traders staying on the sidelines

Ports operator DP World, which is owned by the state of Dubai, has been forced to suspend operations at four major ports for several days following a cyber-security drama

The cloud unit is Alibaba's second-biggest money spinner, valued at $41 billion to $60 billion ahead of an IPO planned for next year