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placar do jogo manchester cityOn Monday, BYD reported a record net income of RMB 10.4 billion ($1.42 billion) for July to September, marking the Chinese electric vehicle makers largest quarterly profit ever and representing an 82.2% increase from a year earlier. The gross margin experienced a three-point year-on-year growth to 19.79%, slightly below the 20.7% achieved as of June. Notably, the company esequencia baralhoxported approximately 71,000 cars in the third quarter, nearly matching the 75,000 units achieved in the first half of this year. This brings BYDs total exports from January to September to around 145,500 units, comprising 17.6% of Chinas new energy vehicle shipments to overseas markets, as per figures from the China Association of Auto Manufacturers. [Caixin, in Chinese]

On Monday, BYD reported a record net income of RMB 10.4 billion ($1.42 billion) for July to September, marking the Chinese electric vehicle makers largest quarterly profit ever and representing an 82.2% increase from a year earlier. The gross margin experienced a three-point year-on-year growth to 19.79%, slightly below the 20.7% achieved as of June. Notably, the company exported approximately 71,000 cars in the third quarter, nearly matching the 75,000 units achieved in the first half of this year. This brings BYDs total exports from January to September to around 145,500 units, comprising 17.6% of Chinas new energy vehicle shipments to overseas markets, as per figures from the China Association of Auto Manufacturers. [Caixin, in Chinese]Shanghais market regulator said that its anti-monopoly office is aware of price-control disputes related to the countrys top livestreamer Li Jiaqi and is currently in the process of investigation and verification, according to a Monday report by Jiupai News, a new media platform under the state-run Changjiang Daily Press Group. The controversy began on Oct. 24, when local kitchen appliance brand Huaswirt accused online retailer JD of intentionally lowering the prices of its ovens, which reportedly caused Huaswirt to violate its minimum price agreement with Li Jiaqi on Taobao Live. Lis agency MeiOne denied the allegation shortly after. However, Lis rival on Douyin, with the nickname “Crazy Little Brother Yang” (our translation) subsequently accused Li of “kidnapping the brand” through his huge sales appeal, which resulted in brands not being able to sell their products at a lower price via other channels. Jiupai News also cited the anti-monopoly office as saying they would deal with the issue if violations were found. [Jiupai News, in Chinese]Shanghais market regulator said that its anti-monopoly office is aware of price-control disputes related to the countrys top livestreamer Li Jiaqi and is currently in the process of investigation and verification, according to a Monday report by Jiupai News, a new media platform under the state-run Changjiang Daily Press Group. The controversy began on Oct. 24, when local kitchen appliance brand Huaswirt accused online retailer JD of intentionally lowering the prices of its ovens, which reportedly caused Huaswirt to violate its minimum price agreement with Li Jiaqi on Taobao Live. Lis agency MeiOne denied the allegation shortly after. However, Lis rival on Douyin, with the nickname “Crazy Little Brother Yang” (our translation) subsequently accused Li of “kidnapping the brand” through his huge sales appeal, which resulted in brands not being able to sell their products at a lower price via other channels. Jiupai News also cited the anti-monopoly office as saying they would deal with the issue if violations were found. [Jiupai News, in Chinese]Chinese electric vehicle manufacturer Voyah has opened its inaugural showroom in Copenhagen, Denmark, and commenced sales of its flagship multi-purpose vehicle, the Dreamer, Xinhua news agency reported on Monday that Voyah had initiated the delivery of its Free sports utility vehicle in Norway last December. Affiliated with Dongfeng Motor, a state-owned automaker and manufacturing partner of Honda in China, Voyah also marked the regional debut of its five-seater sedan, the Chasing Light (Zhuiguang in Chinese pinyin). The company plans to enter additional European markets, including Germany, France, and Italy. Voyah had previously obtained European Whole Vehicle Type Approval (EWVTA) for the Dreamer, a plug-in hybrid van with a driving range of 1,231 kilometers (765 miles) on a full charge and full tank, enabling volume export and license plate registration in all EU countries. [TechNode reporting, Xinhua, in Chinese]Chinese electric vehicle manufacturer Voyah has opened its inaugural showroom in Copenhagen, Denmark, and commenced sales of its flagship multi-purpose vehicle, the Dreamer, Xinhua news agency reported on Monday that Voyah had initiated the delivery of its Free sports utility vehicle in Norway last December. Affiliated with Dongfeng Motor, a state-owned automaker and manufacturing partner of Honda in China, Voyah also marked the regional debut of its five-seater sedan, the Chasing Light (Zhuiguang in Chinese pinyin). The company plans to enter additional European markets, including Germany, France, and Italy. Voyah had previously obtained European Whole Vehicle Type Approval (EWVTA) for the Dreamer, a plug-in hybrid van with a driving range of 1,231 kilometers (765 miles) on a full charge and full tank, enabling volume export and license plate registration in all EU countries. [TechNode reporting, Xinhua, in Chinese]

Shein has bought the UK-based fast fashion brand Missguided from Frasers Group, the company announced on Monday, as the China-tied fashion giant stepped up efforts to expand its global market share. The exact purchase price was not disclosed by either party. In this deal, Shein will license Missguided’s intellectual property to Sumwon Studios, a joint venture formed by Shein and Missguided founder Nitin Passi. Concurrently, Shein will manufacture and sell Missguided’s products as independent brands on its website. This acquisition follows Shein’s recent announcement of plans to launch a co-branded clothing line with Forever 21, aiming to enhance its global presence through the brand’s offline stores. [Shein]Chinas Hozon Auto said on Monday that it is partnering with EIH Automotive&Trading, an Abu Dhabi-based car distributor, to help launch its Neta range of electric vehicles and services in the United Arab Emirates in 2024. EIH Automotive&Trading is a subsidiary of investment conglomerate Ethmar International Holding (EIH), chaired by Sheikh Hamdan bin Mohammed bin Zayed al Nahyan, a son of the countrys founding sultan, according to its website. The news comes months after rival BYDs compact crossover Atto 3 arrived in UAE via an alliance with local dealership Al-Futtaim in June. Geely-affiliated Zeekr signed sales agreements with partners in UAE, Saudi Arabia, Qatar and Bahrain last month. China shipped nearly 100,000 cars to the UAE in the first eight months of this year, turning the small Middle Eastern country into Chinas ninth-largest car export destination, according to figures compiled by the China Association of Automobile Manufacturers. [TechNode reporting, Caixin, in Chinese]TSMC plans to build a second chip factory in Japan, thanks in part to the countrys government considering providing it with a subsidy of up to RMB 44.1 billion ($6.04 billion), Japanese media outlet The Asahi Shimbun has reported, citing sources familiar with the matter. Currently, TSMC is constructing its first Japanese chip factory in Kumamoto Prefecture, with production expected to begin in December 2024. On October 4, during the recent Increase Domestic Investment Cooperation Forum, Japans Prime Minister Fumio Kishida published a new round of economic stimulus plans. The Ministry of Economy, Trade, and Industry (METI) of Japan will allocate a budget of approximately RMB 166.6 billion ($22.81 billion) to establish three funds for semiconductor production and R&D. These three funds are the Post-5G Intelligence Communication System Enhancement R&D Fund, the Specific Semiconductor Fund, and the Stable Supply Support Fund. [Icsmart, in Chinese]

Multiple car owners of models made by Chinas WM Motor have recently found that a number of in-car features, such as viewing historical charging data and playing music from third-party streaming services, have been rendered unavailable, Chinese auto services portal Autohome reported on Thursday. The companys official website and user app have also crashed and telephone calls to its customer service hotline were not answered, leaving customers with no access to official repairs for their cars, the report said. The news comes two days after eight-year-old WM Motor acknowledged that it had filed a bankruptcy plan in Shanghai in a move the embattled electric vehicle maker said would facilitate a cash injection from new strategic investors globally to avoid a debt crisis. The company terminated the process of going public in Hong Kong via a backdoor listing, according to a Sept. 10 filing. It held cash and equivalents of RMB 3.7 billion ($507 million) as of last March, compared with accumulated losses of RMB 17.4 billion in the three years to 2021, according to its prospectus. [Autohome, in Chinese]TikTok is lowering the threshold for the platforms viral effect creators to receive rewards, as per its blog post on Wednesday, five months after announcing the allocation of $6 million to pay effect and filter creators. The global hit short video platform now provides opportunities for small creators who have five effects published and at least three of them used in 1,000 videos to qualify in eligible regions. This is in contrast to the previous requirement of the effect being used in 500,000 videos for it to start earning rewards. Additionally, the fund is extending its reach to creators in Australia, Brazil, Canada, and eleven other countries. [TikTok]Chinas passenger electric vehicle exports surged 107% year-on-year to around 91,000 units in September. Tesla topped the list with shipments of 30,566 units from its Shanghai factory, according to figures published by the China Passenger Car Association on Wednesday. This was followed by BYD and SAIC with 28,039 and 12,678 units, respectively. Geely and Smart, a joint brand owned by Geely and Daimler, shipped 5,026 and 2,146 EVs to overseas markets over the month. Notably, Xpeng Motors recorded exports of 766 EVs last month, making its first appearance on the list starting this year. China remains a major export country of gasoline vehicles, as EVs accounted for a quarter of the total amount last month. Cui Dongshu, secretary-general of the CPCA, said in August that China has the potential to export 5 million cars this year, either electric or gasoline-powered. [China Passenger Car Association, in Chinese]Youdao, the educational subsidiary of NetEase, teased an AI-driven private English tutor named Echo on Wednesday, in a further step applying AI capabilities to help tailor education. Echo, powered by the companys large language model Ziyue which was released in July, is designed to offer personalized spoken English with an American accent. The avatar tutor currently covers 68 topics spanning eight dialog scenarios, allowing users to talk about careers, social issues, food, and travel-related topics with Echo, the company said on its official WeChat account. Users are also encouraged to engage in open conversation and receive suggestions on pronunciation and grammar while practicing with Echo through either the WeChat mini-program or the programs independent app. [NetEase Youdao, in Chinese]

On Tuesday, Xiaomi introduced a smaller version of the TV S Pro with 65/75-inch screens, following the launch of the 100-inch version in August. It is priced at RMB 4,299 ($589) and RMB 5,999 ($822), respectively. Both TV models feature a 4K 144Hz Mini LED display with a peak brightness of 2200 nits, supporting 1.07 billion colors and Dolby Vision panoramic sound. The TV S Pro is equipped with a quad-core A73 processor, 4GB + 64GB storage, Wi-Fi 6, dual HDMI 2.1 ports, and an NFC remote control. In September, the report of market intelligence firm Runto Tech revealed that the top seven brands in the Chinese TV market are Xiaomi, Hisense, TCL, Skyworth, Changhong, Konka, and Haier. The total TV shipment of September amounts to approximately 3.3 million units in China, representing an 11.4% year-on-year decrease but a 19.8% month-on-month increase, according to the same report. [IThome, in Chinese]RoboSense, a laser sensor (lidar) maker backed by BYD and Xiaomi, reported on Tuesday shipments of over 20,000 units in August, more than double the nearly 10,000 units it sold in June. The figure highlights the accelerated adoption of self-driving tech by Chinese electric car makers. Specifically, the growth momentum could be attributed to the strong delivery of Xpengs G6 vehicles which the EV upstart has touted as having semi-autonomous driving capabilities applicable to Chinese highways and urban settings. Xpeng CEO He Xiaopeng told investors on Aug. 18 that the Max version of the G6, equipped with two lidar units sourced from RoboSense, accounted for 70% of total orders since the cars official launch on June 29, far exceeding expectations. Shenzhen-headquartered RoboSense, also a major supplier to Xpeng Motors and Huawei-backed Aito, has provided 14 car models with automotive sensors as of August in China. Lidar uses lightwaves to detect objects and estimate distances, adding more detailed and accurate three-dimensional data to map roadways compared with cameras and radar technology. [RoboSense statement, in Chinese]

In the third quarter of 2023, the global PC market experienced a year-on-year decline of 7.6% but saw a quarterly growth of 11%, with a total shipment of 68.2 million units, according to market intelligence firm IDC. In the past two quarters, the declining trend in PC shipments has slowed down compared to the same period last year, indicating a gradual return to normal market demand, as analyzed by IDC. In the third quarter, the top five PC brands in terms of global shipments are Lenovo, HP, Dell, Apple, and Asus. HP achieved positive growth of 6.4% year-to-year in the third quarter, while the other four vendors experienced varying degrees of decline in shipments. Lenovo topped the third quarter with a shipment of 16 million units, capturing a market share of 23.5%. [IDC]In the third quarter of 2023, the global PC market experienced a year-on-year decline of 7.6% but saw a quarterly growth of 11%, with a total shipment of 68.2 million units, according to market intelligence firm IDC. In the past two quarters, the declining trend in PC shipments has slowed down compared to the same period last year, indicating a gradual return to normal market demand, as analyzed by IDC. In the third quarter, the top five PC brands in terms of global shipments are Lenovo, HP, Dell, Apple, and Asus. HP achieved positive growth of 6.4% year-to-year in the third quarter, while the other four vendors experienced varying degrees of decline in shipments. Lenovo topped the third quarter with a shipment of 16 million units, capturing a market share of 23.5%. [IDC]Huawei aims to ship between 60 to 70 million smartphones in 2024, according to sources familiar with the matter on Tuesday. The source claimed that Huawei has placed sufficient orders with its supply chain to ensure it meets this shipment target for 2024. Although this target represents a doubling of shipments compared to 2022, it is still equivalent to Huawei’s total shipments in 2014. Huawei’s peak smartphone shipments over the past decade occurred in 2019, with a total of 240 million units shipped, surpassing iPhone shipments of 198 million units in the same year. Prior to this, the shipment for Huaweis new flagship Mate60 Pro and Mate60 Pro+ has been increased to 20 million units, as revealed by supply chain sources. [DoNews, in Chinese]Huawei aims to ship between 60 to 70 million smartphones in 2024, according to sources familiar with the matter on Tuesday. The source claimed that Huawei has placed sufficient orders with its supply chain to ensure it meets this shipment target for 2024. Although this target represents a doubling of shipments compared to 2022, it is still equivalent to Huawei’s total shipments in 2014. Huawei’s peak smartphone shipments over the past decade occurred in 2019, with a total of 240 million units shipped, surpassing iPhone shipments of 198 million units in the same year. Prior to this, the shipment for Huaweis new flagship Mate60 Pro and Mate60 Pro+ has been increased to 20 million units, as revealed by supply chain sources. [DoNews, in Chinese]

Li Feng, a former head of purchasing at Xpeng Motors, is under investigation by authorities over corruption allegations. His department has been taken over in the interim by Xpengs internal control team, according to sources cited by 36Kr on Tuesday. Xpeng Motors later confirmed the news, stating it is taking normal action to combat corruption, which would have little impact on business operations, without revealing further details. The development occurs as the electric vehicle maker intensifies the delivery of its redesigned G6 and G9 SUVs, aiming to cut operational costs and recover from a months-long slump since late last year. Volkswagens Chinese partner aims to reduce overall costs by 25% by the end of 2024, as mentioned by CEO He Xiaopeng during an earnings call on Aug. 18. [36Kr, in Chinese]South Korea’s presidential office announced on Monday that Samsung Electronics and SK Hynix, the two largest global memory chipmakers, have been granted permission to supply US chip equipment to their factories in China without separate approvals from the US government indefinitely. This decision was well-received by both companies, as they have invested billions of dollars in their chip production facilities in China. In October 2022, the US issued a regulation prohibiting US enterprises from exporting cutting-edge semiconductor production equipment to China. However, under the strong opposition of Samsung and SK Hynix, these two Korean companies were exempted from shipping related chip equipment to China for one year, with the exemption period ending on October 11, 2023. [DoNews, in Chinese]E-commerce giant Alibaba plans to invest RMB 2 billion ($274 million) in supporting medium- and small-sized merchants to achieve one million yuan in turnover during Singles Day, the companys marketing operating system Alimama announced on Monday. The initiative is part of Alibabas strategy to boost consumer spending for Chinas biggest shopping festival. Meanwhile, Alibabas livestreamed evening gala is set to return on Nov. 11, known in the country as Singles Day, after a year’s absence, with the company adding that it would feature celebrities and high-profile shows. This year’s retail bonanza is scheduled to kick off pre-sales on Oct. 24 and end on Nov. 11, with Alibaba also planning to allocate RMB 50 million in cash to subsidize merchants and influencers who conduct livestream shopping events and create related short videos. [NBD, in Chinese]HoYoverse, the Chinese game developer behind Genshin Impact, has made two unsuccessful attempts since August to establish its own payment methods. The moves were intended to allow the company to bill customers directly without having to pay Apple’s commission fees of up to 30% on transactions through the App Store. HoYoverse heavily relies on a feature called gacha, which operates like a toy vending machine and encourages players to make small payments to obtain desired anime characters and limited-edition items. Despite its controversial similarities to gambling, this randomized system has contributed to the immense success of Genshin Impact, a free-to-download fantasy role-playing game released in 2020. According to intelligence firm Sensor Tower, Genshin Impact generated approximately $1.56 billion worldwide in 2022. [IThome, in Chinese]

China aims to boost the countrys computing power, used to measure computer speed, by more than 50% by 2025. This comes as competition intensifies in high-tech sectors, especially artificial intelligence, between China and the US. The plan, released by the Ministry of Industry and Information Technology on Monday, sets a target for computing power to surpass 300 EFLOPS (3 trillion floating-point operations per second) by 2025. In August, MIIT revealed that China’s computational power ranked second globally, following the US, with a growth of 9.4% from 180 EFLOPS in 2022 to this June. [MIIT, in Chinese]Baidu is poised to launch a new version of its language model at its annual flagship technology conference on October 17, as reported by local tech outlet China Star Market. The 4.0 version is deemed “a significant upgrade” from the latest foundational AI model ERNIE 3.5, which the company claimed outperformed ChatGPT in certain key areas upon its release in June. The firm’s ChatGPT-like chatbot, ERNIE Bot, is powered by its self-developed model ERNIE, which was fully opened to the public in August. A source informed the outlet that the models four core abilities – understanding, generation, logic, and memory – would be further enhanced in the upcoming iteration. [China Star Market, in Chinese]

BYD has recently opened its first retail location dedicated to the premium Yangwang marque in Shanghai and received roughly 4,000 pre-orders for its RMB 1.09 million ($149,531) off-roader, the U8, after the public debut of the vehicle at this years Auto Shanghai show in mid-April. A sales employee at the company informed the financial media outlet Jiemian on Sunday, following BYDs announcement in January to operate direct-sales stores in dozens of major domestic cities by the end of this year. The 500 square meters (5,382 square foot) retail space is located in the citys popular riverfront Bund area, attracting middle-aged male customers primarily interested in the cars capabilities, such as tank turn and water crossing, according to the report. BYD also operates several other luxury brands, including Denza and FangChengBao, with target price ranges of between RMB 300,000 and RMB 500,000, as well as RMB 400,000 and RMB 600,000, respectively. [Jiemian, in Chinese]Temu plans to charge merchants a 5鈥 service fee for the actual costs paid by customers for each order as the popular e-commerce site expands rapidly outside China. The term is included in the recently issued customer service outsourcing agreement, which sellers operating in Temu must sign to ensure service quality within their stores. According to the agreement, the service fee will not be refunded if an order is refunded. In comparison, mainstream cross-border platforms like Shopee and AliExpress typically charge commissions of around 5%, varying depending on the product category. The newly introduced service fee has a “greater impact” on products with low gross margins, cited a merchant from Temu, as reported by Chinese outlet Jiemian. [Jiemian, in Chinese]

Temu plans to charge merchants a 5鈥 service fee for the actual costs paid by customers for each order as the popular e-commerce site expands rapidly outside China. The term is included in the recently issued customer service outsourcing agreement, which sellers operating in Temu must sign to ensure service quality within their stores. According to the agreement, the service fee will not be refunded if an order is refunded. In comparison, mainstream cross-border platforms like Shopee and AliExpress typically charge commissions of around 5%, varying depending on the product category. The newly introduced service fee has a “greater impact” on products with low gross margins, cited a merchant from Temu, as reported by Chinese outlet Jiemian. [Jiemian, in Chinese]Chinese manufacturer Chongqing Changan Automobile announced on October 7 that it has appointed Klaus Zyciora, the former design chief at Volkswagen Group until 2022, as vice president to oversee and lead the companys global design team. The move is expected to bring a world-class design philosophy to Changans existing design culture, as stated in a statement by the state-run automaker, which is also a manufacturing partner of Ford and Mazda in China. Zyciora, a world-renowned designer and former head of group design at Volkswagen, led design efforts across various lineups, contributing to the success of models such as the iconic Golf hatchback and midsize Passat sedan. After over three decades with Volkswagen, he left the company at the end of 2022. Volkswagens CEO Oliver Blume praised Klaus, stating, Klaus demonstrated his abilities as an excellent designer, strong team leader, and creative forward thinker for more than 30 years, in a statement published on December 14. [TechNode reporting, Changan statement, in Chinese]Chinese manufacturer Chongqing Changan Automobile announced on October 7 that it has appointed Klaus Zyciora, the former design chief at Volkswagen Group until 2022, as vice president to oversee and lead the companys global design team. The move is expected to bring a world-class design philosophy to Changans existing design culture, as stated in a statement by the state-run automaker, which is also a manufacturing partner of Ford and Mazda in China. Zyciora, a world-renowned designer and former head of group design at Volkswagen, led design efforts across various lineups, contributing to the success of models such as the iconic Golf hatchback and midsize Passat sedan. After over three decades with Volkswagen, he left the company at the end of 2022. Volkswagens CEO Oliver Blume praised Klaus, stating, Klaus demonstrated his abilities as an excellent designer, strong team leader, and creative forward thinker for more than 30 years, in a statement published on December 14. [TechNode reporting, Changan statement, in Chinese]On Saturday, “porn apps disguised as study apps on iOS App Store” became a trending topic on Chinese social platform Weibo. Some netizens discovered a number of adult-content apps disguised as study apps available on the App Store, with some even making the top ten free-download list. These apps were rated for ages 4 and above and the download pages resembled those of normal study apps, but they redirected users to pornographic and gambling websites when opened. By Saturday afternoon, the related apps had been removed from the App Store following users complaints. It is technically illegal to produce, disseminate, or sell sexually explicit material in China, with prison sentences possible for those found to be violating the country’s laws on such material. [ThePaper, in Chinese]On Friday, the US Commerce Department announced the addition of 42 Chinese companies to an export control list due to their support for Russia’s military and defense industries. This support includes the supply of integrated circuits of US origin, according to the statement. Additionally, seven entities from Finland, Germany, India, Turkey, the United Arab Emirates, and the United Kingdom were also added to the export control list. The Commerce Department stated that these circuits, including microelectronics, are used by Russia for precision guidance systems in missiles and drones deployed against civilian targets in Ukraine. In response, China criticized the US action as unilateral bullying and called for the US to rectify its unreasonable suppression of Chinese companies, as stated by China’s Ministry of Commerce. [Icsmart, in Chinese]Alibaba has opted to close Luohan Academy, a research institute initiated by Alibaba founder Jack Ma, according to sources cited by the South China Morning Post on Saturday. The sudden closure is part of an ongoing restructuring effort within the e-commerce giant. However, the report adds that some of the institute’s operations will persist within Alibaba, including the environmental, social, and governance research team. Founded in mid-2018, Ma expressed his desire for Luohan Academy to endure for 300 years, much like his aspirations for Hupan University, DAMO Academy, and the Jack Ma Foundation to become more enduring presences than Alibaba itself. The committee of this open social science institute boasts multiple Nobel Prize winners in economics, as its official website indicates. It emphasizes that its research “addresses the most important global challenges and focuses on the long-term development of human society.” [SCMP]

In the ongoing tech war between the US and China, the Biden administration faces pressure from lawmakers to restrict US companies involved in the development of RISC-V, a freely available chip technology widely used in China. This move could disrupt global collaboration in the tech industry. RISC-V, pronounced as “risk five,” is an open-source alternative to British semiconductor and software design company Arm Holdings’ expensive proprietary technology, and has diverse applications, from smartphone chips to advanced AI processors. US lawmakers have raised concerns about China taking advantage of the culture of open collaboration among US companies in order to bolster its own semiconductor industry. [Reuters]Market research firm Appmagic has released its global rankings for Septembers top grossing mobile games, with Tencent’s Honor of Kings continuing to dominate in the top spot, while Scopelys Monopoly Go and Tencents PUBG Mobile secured second and third place. Last month, the three mobile games generated approximately $115.8 million, $87.95 million, and $83.19 million. HoYoverses Honkai: Star Rail remained in fifth place in September, but experienced a decrease of approximately $8 million in month-on-month revenue. Genshin Impact, another hit game from HoYoverse, saw a $10 million increase in revenue compared to the previous month, rising to seventh place overall. Dunk City Dynasty, a new street basketball game developed by NetEase Games and launched on August 23, achieved revenue of $19.5 million last month. The title is currently only available in the Chinese market. [Baijing, in Chinese]

Chinese consumers spent RMB 753.4 billion ($104.7 billion) during the recent nationwide holiday, exceeding pre-pandemic levels by 1.5%. The eight-day holiday witnessed approximately 826 million people traveling, marking the busiest “golden week” holiday in the past five years, with the figure surpassing 2019 levels by 4.1%. Data from on-demand local services provider Meituan reveals that dine-in catering consumption surged by 254% compared to the same period in 2019. Despite the country’s recent sluggish economic growth, the extended holiday, which included the Mid-Autumn Festival and National Day, spurred spending on domestic and outbound travel. Orders for outbound tours during the holiday period grew more than eight times year-on-year, according to the travel platform Trip.com. [Jiemian, in Chinese]The 19th Asian Games closing ceremony is scheduled to take place at the Hangzhou Olympic Sports Center on October 8th. Presently, the top five countries, based on the total number of medals, are China, Japan, South Korea, India, and Kazakhstan. During the opening ceremony, 100 million online users united as one massive golden “digital torchbearer” through augmented reality (AR) technology for the virtual lighting ceremony. This “digital torchbearer” is anticipated to deliver an impressive performance during the closing ceremony as well. The chief director of the Hangzhou Asian Games closing ceremony has disclosed that the “digital torchbearer” will engage in an interactive segment with the audience and performers present at the event, and its name will be revealed at the final moment. [IThome, in Chinese]

On Wednesday, Qualcomm and Tencent Music announced a collaboration to introduce Snapdragon Premium Sound Quality. Leveraging the AI computing power of the Qualcomm AI Engine, Snapdragon Premium Sound Quality combines with QQ Music’s AI model algorithm on the device side, providing users with a more layered and in-depth listening experience, according to the company. Specifically, it enhances the speed and efficiency of audio encoding, audio decoding, and audio detail restoration. Snapdragon Premium Sound Quality is now available as an audio option for paid QQ Music Super VIP Members, while users of smartphones equipped with Snapdragon mobile platforms also have exclusive access to the service for a limited time. [Qualcomm China, in Chinese]Leaked phone case images have seemingly revealed the design of the upcoming Xiaomi 14 Pro. The rear design seems to be an evolution of its predecessor, the Xiaomi 13 Pro, with a square camera island housing three cameras and an LED flash unit. In the case images, the top-right module, resembling a camera with internal sensors, might house the LED flash and bear the Leica branding. In contrast, the Xiaomi 13 Pro had the LED flash and Leica logo in the bottom-right module. The Xiaomi 14 Pro is expected to feature a 2K 120Hz quad-curved AMOLED display, a Snapdragon 8 Gen 3 chip, a 50MP camera with a 1/1.28-inch sensor, and 120W fast charging. The Xiaomi 14 series is anticipated to make its debut in the first half of November. [Zaker, in Chinese]

The National Press and Publication Administration (NPPA), China’s gaming regulator, approved 89 domestic games on Monday as the country’s authorities continue to green-light a steady stream of titles following its previous freeze on new titles. As of September, China has approved a total of 757 new games in 2023, comprising 699 domestic games and 58 imported games. The new batch of approvals, following several months of similar-sized tranches of games allowed to go public, continues to alleviate industry concerns around the granting of new gaming licenses. Among the most highly anticipated gaming titles in September are Lost Castle by Migu (a subsidiary of China Mobile), Battle Through Heaven by CMGE Technology, Doula Continent by Kingnet Network, Ares Virus 2 by Qingci Games, and Son-in-Law by 37 Interactive Entertainment. [NPPA, in Chinese]The National Press and Publication Administration (NPPA), China’s gaming regulator, approved 89 domestic games on Monday as the country’s authorities continue to green-light a steady stream of titles following its previous freeze on new titles. As of September, China has approved a total of 757 new games in 2023, comprising 699 domestic games and 58 imported games. The new batch of approvals, following several months of similar-sized tranches of games allowed to go public, continues to alleviate industry concerns around the granting of new gaming licenses. Among the most highly anticipated gaming titles in September are Lost Castle by Migu (a subsidiary of China Mobile), Battle Through Heaven by CMGE Technology, Doula Continent by Kingnet Network, Ares Virus 2 by Qingci Games, and Son-in-Law by 37 Interactive Entertainment. [NPPA, in Chinese]Leaked conversations between Qualcomm and its Korean partners have revealed that the Snapdragon 8 Gen 3 chipset will comprise both the faster 3nm (N3E) and the less expensive 4nm (N4P) process variants developed by TSMC, tech media outlet IThome reported on Tuesday. The Snapdragon 8 Gen 3 processor is expected to adopt a 2+4+2 design, which gives it two Cortex X4 cores, four Cortex A720 cores, and two Cortex A520 cores, the report added. The Qualcomm Snapdragon 8 Gen 3 will launch on October 24 at the Snapdragon Summit 2023 in Hawaii, US. It is still unclear whether the distinction between the two TSMC variants of the Snapdragon 8 Gen 3 will be unveiled separately. [IThome, in Chinese]On Tuesday, the Chinese national team won the gold medal in the event Honor of Kings, also known as Arena of Valor, as e-sports made its debut at the Asian Games 2023. This marks the first gold medal ever awarded in the history of e-sports at the Asian Games. In the final of the multiplayer online battle arena (MOBA) game Honor of Kings, China defeated Malaysia with a score of 2:0, securing the gold medal and marking it as the 48th gold medal for China at the 19th Asian Games. Additionally, this achievement raises the possibility of e-sports being included in future Olympic Games. [Zaker, in Chinese]

On Monday, Huawei unveiled its latest flagship tablet, the MatePad Pro 13.2, which is touted as the world’s thinnest and lightest tablet. It weighs 580 grams and measures 5.5mm in thickness. The tablet features an edge-to-edge screen design, covering almost the entire front of the device. It boasts a 13.2-inch flexible OLED display with a resolution of 2.8K and a refresh rate of 144Hz. Powering the Huawei MatePad Pro 13.2 is the self-developed Kirin 9000s chipset, the same one found in the Mate 60 series smartphones. Under the hood, this device packs a built-in 10,100 mAh battery and supports 88W fast charging technology. According to Huawei, it can reach an 85% charge in just 40 minutes and achieve a full charge in 65 minutes. The highest storage variant, 16GB+1TB, is priced at RMB 6,999 ($958). [IThome, in Chinese]During the fall product launch event on Monday, Huawei introduced the ultra high-end Huawei Watch Ultimate Design Gold Edition, with a luxurious price of 2,999 euros. Six segments of 18K gold are inlaid at the edge of the nanocrystal ceramic bezel. The watch features a 1.5-inch LTPO OLED display with a resolution of 450 x 450 pixels, an adaptive 60Hz refresh rate, and a satellite messaging function. The company claims that its 530 mAh battery can last up to 14 days with normal usage and 8 days with heavy usage. Notably, the 100-meter diving accessory function supports recording underwater data in different diving modes, including scuba diving and free diving.[IThome, in Chinese]

During the fall product launch event on Monday, Huawei introduced the ultra high-end Huawei Watch Ultimate Design Gold Edition, with a luxurious price of 2,999 euros. Six segments of 18K gold are inlaid at the edge of the nanocrystal ceramic bezel. The watch features a 1.5-inch LTPO OLED display with a resolution of 450 x 450 pixels, an adaptive 60Hz refresh rate, and a satellite messaging function. The company claims that its 530 mAh battery can last up to 14 days with normal usage and 8 days with heavy usage. Notably, the 100-meter diving accessory function supports recording underwater data in different diving modes, including scuba diving and free diving.[IThome, in Chinese]On Monday, Huawei launched the Mate 60 RS Ultimate Design, the first premium smartphone under its new Ultimate Design marque. Released in partnership with Porsche, the Mate 60 RS Ultimate Design features identical specs to the Mate 60 Pro+, with a 6.82-inch LTPO OLED screen, Kirin 9000s chipset, three 40MP cameras, satellite call function, and a 5,000 mAh battery. In terms of design, the model draws inspiration from last years Mate 50 RS Porsche edition, with an octagonal camera module in the center of its phone back. The body is made of ceramic and the frame is aluminum. It is available in two color options: red and black. The device comes with two storage configurations: 16GB+512GB for RMB 11,999 ($1,641) and 16GB+1TB for RMB 12,999 ($1,778). [IThome, in Chinese]

On Monday, Huawei launched the Mate 60 RS Ultimate Design, the first premium smartphone under its new Ultimate Design marque. Released in partnership with Porsche, the Mate 60 RS Ultimate Design features identical specs to the Mate 60 Pro+, with a 6.82-inch LTPO OLED screen, Kirin 9000s chipset, three 40MP cameras, satellite call function, and a 5,000 mAh battery. In terms of design, the model draws inspiration from last years Mate 50 RS Porsche edition, with an octagonal camera module in the center of its phone back. The body is made of ceramic and the frame is aluminum. It is available in two color options: red and black. The device comes with two storage configurations: 16GB+512GB for RMB 11,999 ($1,641) and 16GB+1TB for RMB 12,999 ($1,778). [IThome, in Chinese]Chinese automaker FAW Group will deploy in-vehicle laser sensors sourced from lidar maker Hesai in an upcoming new model under its Hongqi marque, scheduled for mass delivery during the first half of 2025, according to a statement released on Sept. 22. The move marks the first series production design of its kind and makes FAW the first automaker to use the technology at scale; most existing rivals have perched the equipment on the roofs of their vehicles to monitor the environment for autonomous driving. Nasdaq-listed Hesai released the ET25 in-vehicle lidar in April, a system which the company says can enable a sleek design for automobiles without reducing aerodynamics and acceleration performance, while still providing a clear view for the optical component to work thanks to quick cleaning via windshield wipers. Shanghai-headquartered Hesai captured nearly half of the total global lidar market in 2022, up from a 42% share a year ago, according to figures from consulting firm Yole Intelligence. [Hesai press release]

Chinese automaker FAW Group will deploy in-vehicle laser sensors sourced from lidar maker Hesai in an upcoming new model under its Hongqi marque, scheduled for mass delivery during the first half of 2025, according to a statement released on Sept. 22. The move marks the first series production design of its kind and makes FAW the first automaker to use the technology at scale; most existing rivals have perched the equipment on the roofs of their vehicles to monitor the environment for autonomous driving. Nasdaq-listed Hesai released the ET25 in-vehicle lidar in April, a system which the company says can enable a sleek design for automobiles without reducing aerodynamics and acceleration performance, while still providing a clear view for the optical component to work thanks to quick cleaning via windshield wipers. Shanghai-headquartered Hesai captured nearly half of the total global lidar market in 2022, up from a 42% share a year ago, according to figures from consulting firm Yole Intelligence. [Hesai press release]Chinese electric vehicle startup Rox Motor Tech announced on September 22 that it has successfully completed a $1 billion fundraising round, with funding coming from the local aluminum producer Shandong Weiqiao Pioneering Group. This development marks the latest entry into Chinas thriving electric vehicle (EV) industry. The announcement follows Shanghai-based Rox Motor Techs launch of the Polestone 01 plug-in hybrid sports utility vehicle a month ago. The Polestone 01, Roxs first production model, is priced starting at RMB 349,900 ($47,893) and is scheduled for delivery in November 2023. Founded in early 2021 by Chang Jing, a serial entrepreneur and co-founder of Roborock, a robot vacuum cleaner maker backed by Chinese tech giant Xiaomi, Rox plans to utilize the funds raised to develop all-aluminum body vehicles and establish a new gigacasting die-cast process. Shandong Weiqiao, a privately-owned entity, previously invested in electric truck maker Deepway and acquired a production facility in the eastern city of Qingdao, where Roxs first model is set to be manufactured. [Rox statement, in Chinese]Chinese electric vehicle startup Rox Motor Tech announced on September 22 that it has successfully completed a $1 billion fundraising round, with funding coming from the local aluminum producer Shandong Weiqiao Pioneering Group. This development marks the latest entry into Chinas thriving electric vehicle (EV) industry. The announcement follows Shanghai-based Rox Motor Techs launch of the Polestone 01 plug-in hybrid sports utility vehicle a month ago. The Polestone 01, Roxs first production model, is priced starting at RMB 349,900 ($47,893) and is scheduled for delivery in November 2023. Founded in early 2021 by Chang Jing, a serial entrepreneur and co-founder of Roborock, a robot vacuum cleaner maker backed by Chinese tech giant Xiaomi, Rox plans to utilize the funds raised to develop all-aluminum body vehicles and establish a new gigacasting die-cast process. Shandong Weiqiao, a privately-owned entity, previously invested in electric truck maker Deepway and acquired a production facility in the eastern city of Qingdao, where Roxs first model is set to be manufactured. [Rox statement, in Chinese]In the first half of 2023, Chinas major e-commerce platforms achieved a cumulative livestreaming sales volume of RMB 1.27 trillion ($174 billion), according to a September 21 report by IThome, which cited data from the National Institute of Metrology, China. In the first half of this year, there were over 110 million livestreams on these platforms and more than 70 million products were showcased through live commerce, the report said. During the same period, the number of active e-commerce livestreamers in China reached over 2.7 million. In 2022, more than 120 million livestreaming activities were conducted on major e-commerce platforms and received over 1.1 trillion views in total, according to a report released in January by Chinas Ministry of Commerce and the National Bureau of Statistics. Throughout 2022, there were 1.1 million active livestreamers in China, the report stated. [IThome, in Chinese]

In the first half of 2023, Chinas major e-commerce platforms achieved a cumulative livestreaming sales volume of RMB 1.27 trillion ($174 billion), according to a September 21 report by IThome, which cited data from the National Institute of Metrology, China. In the first half of this year, there were over 110 million livestreams on these platforms and more than 70 million products were showcased through live commerce, the report said. During the same period, the number of active e-commerce livestreamers in China reached over 2.7 million. In 2022, more than 120 million livestreaming activities were conducted on major e-commerce platforms and received over 1.1 trillion views in total, according to a report released in January by Chinas Ministry of Commerce and the National Bureau of Statistics. Throughout 2022, there were 1.1 million active livestreamers in China, the report stated. [IThome, in Chinese]Luxshare, one of Apples main suppliers in China, has begun the production of three models from the iPhone 15 series this year with a doubled order size compared with 2022, the companys chairman Wang Laichun told The Paper on September 21. Luxshare is also preparing for the production of Apples first generation augmented reality device, the Apple Vision Pro, she added. In February of this year, Nikkei Asia reported that the Guangdong-based company had taken over Apples AR development team in Shanghai. Currently, Luxshare provides development and manufacturing services for Apples iPhone, Apple Watch, AirPods, and Apple Vision Pro. Last year, Luxshare established a new facility in the Chinese city of Kunshan to support the mass production of iPhones, Wang said. In the first half of 2023, the company achieved revenue of RMB 97.971 billion ($13.4 billion), a year-on-year growth of 19.53%, according to its semi-annual report released in August. [The Paper, in Chinese]

Luxshare, one of Apples main suppliers in China, has begun the production of three models from the iPhone 15 series this year with a doubled order size compared with 2022, the companys chairman Wang Laichun told The Paper on September 21. Luxshare is also preparing for the production of Apples first generation augmented reality device, the Apple Vision Pro, she added. In February of this year, Nikkei Asia reported that the Guangdong-based company had taken over Apples AR development team in Shanghai. Currently, Luxshare provides development and manufacturing services for Apples iPhone, Apple Watch, AirPods, and Apple Vision Pro. Last year, Luxshare established a new facility in the Chinese city of Kunshan to support the mass production of iPhones, Wang said. In the first half of 2023, the company achieved revenue of RMB 97.971 billion ($13.4 billion), a year-on-year growth of 19.53%, according to its semi-annual report released in August. [The Paper, in Chinese]BYD on Wednesday officially launched the U8, its first-ever high-end, off-road sports utility vehicle model under the new Yangwang sub-brand, which the Chinese automaker says will have a price tag of nearly RMB 1.1 million ($150,395). The electric vehicle giant for now has no specific sales target for the super high-end lineup and is on track to begin delivery from late October in a dozen major Chinese cities, a company spokesperson recently told Chinese media outlet LatePost. Capable of doing a 360-degree spin on its own axis, the full-size off-roader also comes with enhanced assisted driving capabilities such as valet parking and adaptive cruise control, powered by dual Nvidia Drive Orin processing chips. The plug-in hybrid vehicle is aimed at competing with offerings from Land Rover and Mercedes-Benz, and BYD plans to operate 90 direct sales stores across the country by the end of the year. [LatePost, in Chinese]

BYD on Wednesday officially launched the U8, its first-ever high-end, off-road sports utility vehicle model under the new Yangwang sub-brand, which the Chinese automaker says will have a price tag of nearly RMB 1.1 million ($150,395). The electric vehicle giant for now has no specific sales target for the super high-end lineup and is on track to begin delivery from late October in a dozen major Chinese cities, a company spokesperson recently told Chinese media outlet LatePost. Capable of doing a 360-degree spin on its own axis, the full-size off-roader also comes with enhanced assisted driving capabilities such as valet parking and adaptive cruise control, powered by dual Nvidia Drive Orin processing chips. The plug-in hybrid vehicle is aimed at competing with offerings from Land Rover and Mercedes-Benz, and BYD plans to operate 90 direct sales stores across the country by the end of the year. [LatePost, in Chinese]Chinese automaker Great Wall Motor (GWM) currently has a new energy vehicle (NEV) sales proportion of approximately 30%, according to a September 21 report by media outlet Yicai. In 2023, plug-in hybrid (PHEV) models dominate the companys NEV sector and sales of pure electric vehicles are expected to grow continuously, a GWM employee told Yicai. In terms of terminal channel construction, GWM will establish separate sales networks for new energy- and fuel-powered vehicles. To further continue its move toward new energy vehicles, the company will expand its offline stores with an aim of achieving 1,200 terminal channels by the end of 2023, the report said. In August of this year, GWM sold 26,300 new energy vehicles, representing a year-on-year growth of 119.83%, a GWM performance report showed. [Yicai, in Chinese]