40 h. ago China’s WeRide warns driverless tech profitability ‘difficult to predict’

China’s WeRide warns driverless tech profitability ‘difficult to predict’  Financial Times

Events

4 d. ago Tech war: China’s top foundry SMIC reports revenue growth in 2024, but net profits plunge

Full-year revenue grew 27 per cent to US$8 billion but net profit plunged 45.4 per cent to US$493 million.

Events

5 d. ago Unitree robotics profitable since 2020, eyes expansion amid high demand

The Hangzhou start-up known for its robot dogs told local media it had no immediate plans for additional fundraising.

Politics

2 w. ago Foxconn’s profits drop as iPhone sales falter, but AI boom offers hope

The Taiwanese company reported a 13 per cent fall in net income, worse than analysts’ estimates for a 2 per cent gain.

Economics

3 w. ago JD.com nearly triples quarterly profit on back of revived consumer spending

JD.com reported a better-than-expected profit of 9.9 billion yuan in the fourth quarter, up from 3.4 billion yuan a year ago.

Economics

last month DeepSeek shows power of V3, R1 models with theoretical 545% profit margin

Theoretical margin was based on a 24-hour run, actual revenue may be lower because of cheaper pricing, off-peak discounts and free-to-use options.

Politics