3C - Asia Tech Wire

15:31

                            Institutional market analysis: Doubao real-time voice model goes online, AI interaction level is upgraded again
                        
                            A Guotai Junan report noted that on Monday the Doubao real-time voice model was officially launched and fully opened on the Doubao APP.
                        
12:44

                            Lei Jun: Xiaomi provides free roadside assistance in case of breakdown or accident for any reason
                        
                            Lei Jun, CEO of Xiaomi, said on Weibo that Xiaomi SU7 is a worry-free car for the Spring Festival. If the car breaks down or has an accident for any reason, Xiaomi will provide free roadside assistance, a 500 yuan taxi voucher (valid for 5 days), and free delivery to a designated city. During the Spring Festival, Xiaomi Auto Service Stores are open as usual.
                        
15:57

                            Honor China CMO to leave
                        
                            Honor China chief marketing officer (CMO) Jiang Hairong is leaving the company, according to an internal announcement on Monday.
                        
18:09

                            A subsidiary of Hon Hai spent $128 million to buy land in California.
                        
17:42

                            Xiaomi officially enters Korean market and plans to open offline stores
                        
                            Xiaomi has officially entered the Korean market and will launch smartphones, TVs, sweeping robots and other products from January 15. Xiaomi Korea held its first press conference at the Four Seasons Hotel in Jongno District, Seoul, to introduce Xiaomi's business development plan in Korea.
                        
21:00

                            TRS: The cooperation with Xiaomi on the second batch of training corpus is progressing rapidly
                        
                            TRS stated on the interactive platform that it had signed an industry information data set service contract with Beijing Xiaomi in January 2024. The cooperation aims to provide Xiaomi with high-quality industry data to support the training and development of its industry large models. In addition, regarding the cooperation on the second batch of training corpus, the teams of both parties are currently advancing intensively to ensure that the project can proceed smoothly and efficiently. In addition to Xiaomi, the company has currently provided corpora to many companies and institutions such as Yuntian Lifei, Kingsoft Cloud, Unisound, Ant Technology, and Shanghai Artificial Intelligence Innovation Center for artificial intelligence training. The company also provides data sets to many leading AI companies through units such as the Beijing Data Exchange.
                        
17:49

                            Hong Kong Stock Exchange documents show that Legend Holdings' long position in Lenovo Group (00992.HK) increased from 31.41% to 48.39% on January 8.
                        
11:19

                            Lenovo reportedly aims to increase India production by 40% in the new fiscal year
                        
                            On January 14, Lenovo Group India Managing Director Shailendra Katyal said in an interview with the media that Lenovo's goal this year is to produce more than 12 million smartphones and laptops in India. Katyal said that Lenovo Group's production in India in fiscal year 2023/24 will be 6.4 million units.
                        
18:26

                            Hong Kong Stock Exchange documents show that Xiaomi Group (01810.HK) spent HK$73.9 million to repurchase 2.3 million Class B shares on January 13.
                        
16:25

                            Xiaomi personnel adjustment: Strategic Cooperation Department welcomes new general manager, business is in charge of Lu Weibing
                        
                            Xiaomi recently announced a personnel adjustment internally. Xu Ran, the former general manager of the group's strategic cooperation department, was transferred to another position. The position will be taken over by Wei Na, who reports to Lu Weibing, the group's president.
                        
16:10

                            Hong Kong stocks closed: Hang Seng Index fell 1.00% Hang Seng Technology Index fell 0.91%
                        
                            At the close of Hong Kong stocks, the Hang Seng Index fell 1.00%, and the Hang Seng Technology Index fell 0.91%. Sunac China rose more than 14%, SMIC rose more than 6%; UBTECH fell 8%, Xiaomi Group and Weimob Group fell more than 2%.
                        
15:26

                            Counterpoint: global smartphone market sees recovery in 2024, Samsung, Apple in top two spots
                        
                            The global smartphone market saw a recovery in 2024, a new report from market research firm Counterpoint shows.
                        
20:17

                            AI PC market heats up again, Lenovo executives: penetration rate will be close to 50% in the next three years
                        
                            During this year's CES, Luca Rossi, executive vice president of Lenovo Group and president of the Intelligent Devices Group (IDG), said in an interview with the media that AI PCs will occupy a larger market share in 2025. He predicts that the penetration rate of AI PCs will reach 40%-50% or even as high as 80% in the next two to three years. "In the next three to four years, every PC will become an AI PC."
                        
08:55

                            The AI glasses craze has "exploded" ahead of schedule, and supply chain performance is expected to be released
                        
                            From January 7 to January 10, CES (International Consumer Electronics Show), known as the global "Spring Festival Gala of Science and Technology", was held in Las Vegas, USA. Unlike previous years, this year AI glasses are in the spotlight, and the "Hundred Mirrors War" has officially broken out. According to preliminary statistics from VR Tuo, the number of Chinese companies participating in the "AR/VR/XR" section of CES this year is as high as 59. From the consumer side, AI glasses have not yet been widely popularized, but at this CES, the AI glasses craze has been "ignited" in advance. Pan Xuefei, research director of IDC China, said that the global AI glasses market shipments are expected to reach 12.8 million pairs in 2025, a year-on-year increase of 26%, and the Chinese AI glasses market shipments are expected to reach 2.8 million pairs, a year-on-year increase of 107%. CITIC Securities Research Report believes that the first year of performance release of the AI glasses supply chain may be as early as 2026. At present, the AI glasses sector is still in the theme investment stage.
                        
22:31

                            Xiaomi's first SUV model YU7 single-motor version has completed the application and is expected to be launched in June or July
                        
                            In the new product announcement of the 391st batch of "Announcement on Road Motor Vehicle Manufacturers and Products" released by the Ministry of Industry and Information Technology today, the Xiaomi YU7 single-motor version appeared. The length, width and height of the Xiaomi YU7 single-motor version are 4999mm×1996mm×1608mm, and the wheelbase is 3000mm. The power of the Xiaomi YU7 single-motor version is 235kW, and the motor is provided by Suzhou Huichuan United Power System Co., Ltd.; it uses lithium iron phosphate batteries from Taizhou Fudi Battery Co., Ltd. Lei Jun, the founder, chairman and CEO of Xiaomi, said on Weibo today that the Xiaomi YU7 is expected to be launched in June and July, and revealed that the new car is currently in the final testing phase.
                        
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