Phate Zhang

  • Apple to see biggest iPhone replacement wave in China in at least four years, says Morgan Stanley

    Apple has "significant iPhone upgrade potential" in China on the eve of the new iPhone's release, Morgan Stanley wrote in a report on Wednesday.

  • Tesla exec says China-made Model Y will roll off production line early next year

    The China-made Model Y will begin rolling off the production line at the Shanghai Gigafactory in early 2021, cls.cn cited an unnamed Tesla executive as saying on August 20.

  • NIO launches BaaS battery rental service, brings car prices down by about $10,000

    Chinese electric vehicle (EV) maker NIO today announced its BaaS (Battery as a Service) battery rental service, which eliminates the need for buying the battery for all NIO models and reduces the price of a car by at least RMB 70,000 yuan (about $10,000).

  • Lenovo announces world's first folding-screen PC coming to China

    Lenovo ThinkPad today released a video ad for the ThinkPad X1 Fold on its official Weibo, teasing that the world's first folding screen PC will soon be available in China.

  • Huawei leads Russian online smartphone market in Q2

    Russian online smartphone sales rose sharply in the second quarter, with Huawei continuing to hold the top market share.

  • NIO sets up battery asset company, CATL has taken a stake

    The NIO-led battery asset management company, Wuhan Weineng Battery Asset Co. has been established on August 18, according to data provider Qichacha.

  • GAC NIO promises never to 'profit' more than 1% as it becomes 1st car maker to publish BOM costs

    Liao Bing, founder of Chinese electric car maker GAC NIO, promised at a presentation in Beijing on August 18 that its combined hardware profits would not exceed 1% and any excess will be returned to customers.

  • Luckin Coffee's single-store cash flow has turned positive, with over 4,000 stores returning to normal operations

    Excluding the stores that are not yet open for business, Luckin Coffee, which is embroiled in the financial fraud controversy, has seen cash flow turn positive in stores that have resumed normal operations, the Securities Daily said, citing sources close to the company.

  • India's largest telco rules out Huawei, ZTE in 5G trials

    Bharti Airtel, India's largest telecom operator, plans to rule out Chinese vendors Huawei and ZTE in its upcoming 5G trials in favor of European suppliers, according to the ETTelecom.

  • Huawei Mate40 Pro may feature a large curved waterfall screen

    Following the previous leak of the rear camers protection panel on the Huawei Mate40 and Mate40 Pro, today Weibo digital blogger @数码闲聊站 has also revealed the front screen cover panel of the Huawei Mate40 Pro.