SMIC's Q3 2024 Revenue and Net Profit Soar, Outshining GlobalFoundries: The Rise of a Chip Giant Under China's Domestic Substitution StrategySMIC (Semiconductor Manufacturing International Corporation) delivered stunning Q3 2024 results: revenue reached a remarkable 15.6 billion RMB (approximately $2...

EHang Holdings' Q3 2024 Financial Report Shows Impressive Growth: Revenue Soars, 63 EH216 Aircraft DeliveredEHang Holdings recently released its Q3 2024 financial report, revealing significant performance growth. The report shows that EHang's revenue in Q3 2024 reached RMB 128 million, a 347...

Apple's App Store in China Doubles in Size, Driving Significant Developer Revenue GrowthRecent research data released by Apple reveals the continued robust growth of its App Store ecosystem in the Chinese market. The data shows that developer revenue and sales facilitated by the App Store in China have more than doubled in just four years, surging from 1...

Lenovo Neptune Liquid-Cooled Server Business Sees Strong Growth, Revenue Up 48% Year-on-YearLenovo Group has released its Q2 FY24/25 financial results for the period ending September 30, 2024. The data shows that Lenovo's Neptune liquid-cooled server business revenue surged by 48% year-on-year, becoming a key highlight of ISG (Infrastructure Solutions Group) growth...

Netflix Delivers Strong Q3 Results with Revenue and Profit Growth, User Growth SlowsGlobal streaming giant Netflix recently released its Q3 2024 financial report, showcasing robust profitability and positive user growth trends. The report revealed that Netflix's Q3 operating profit surged over 50%, with the operating margin significantly increasing to 29...

Rumors of Tesla and xAI Revenue Sharing: Musk Denies, but Details of Collaboration Remain UnclearRecent reports about Tesla and Elon Musks AI startup xAI negotiating revenue sharing arrangements for future projects have sparked widespread attention. However, Musk himself has denied these claims...

Ant Group's Global Expansion Accelerates, Aiming for 20% Overseas Revenue ContributionAt the recent Bund Summit media briefing, Zhao Wenbiao, CEO of Ant Group, revealed that the company saw a 35% increase in customer numbers over the past year, with several of its products achieving top market share in their respective categories. He emphasized that international expansion is a key strategic focus for Ant Group, aiming for overseas operations to contribute 20% of total revenue and become a significant growth driver...

Didi Chuxing Reports Strong H1 2024 Results: Revenue Up 2%, Users Exceed 368 Million, Hitchhiking Business Continues to FlourishDidi Chuxing recently released its financial report for the first half of 2024, highlighting the company's robust profitability and continued user growth. The report showed that the company's total revenue reached 404 million yuan in the first half of the year, representing a 2% year-on-year increase...

China's Telecommunications Revenue Shows Steady Growth, Emerging Businesses are Highlights...

Kingsoft Office Reports Revenue and Net Profit Growth in First Half of 2024, Driven by Strong Subscription Business and Accelerated WPSAI CommercializationKingsoft Office released its 2024 semi-annual report on the evening of August 20, revealing robust growth in both revenue and net profit. During the reporting period, Kingsoft Office achieved operating revenue of 2...

DRAM Market Recovers, Revenue Soars in Q2, Contract Prices Continue to RiseAccording to the latest research from TrendForce, the global DRAM (memory) industry revenue reached $22.9 billion in Q2 2024, representing a 24...

Apple Reports Record Revenue in Third Quarter, with Steady Performance in Greater ChinaOn August 1st, Beijing time, Apple Inc. released its financial results for the third quarter of fiscal year 2024 (ending June 29, 2024)...