3C - TechWire

11:19

                            Hong Kong stocks continued to fall, with the Hang Seng Tech Index falling more than 13%, the Hang Seng Index falling 9.9%, and Lenovo Group (00992.HK) falling nearly 20%.
                        
13:50

                            S&P confirms raising Xiaomi's credit rating outlook to "stable"
                        
                            The reporter learned from Standard & Poor's Global Ratings that the company did issue a latest rating report for Xiaomi Group. According to the report, on April 1, Standard & Poor's raised Xiaomi's credit rating from "BBB-" to "BBB", and adjusted the rating outlook from "positive" to "stable".
                        
11:22

                            Lei Jun speaks out for the first time in 5 days: Xiaomi has been in business for 15 years and will continue to work hard
                        
                            Lei Jun, chairman and CEO of Xiaomi, spoke out today for the first time after not updating his Weibo for 5 days. He said, "Today, Xiaomi has been on the entrepreneurial road for 15 years. This is just the beginning, and we will continue to work hard."
                        
15:44

                            Foxconn: Cloud network products will maintain the growth trend in the second quarter, but it is still the traditional off-season and major products will enter the transition period from old to new products.
                        
15:43

                            Foxconn: Based on current visibility, the operating outlook for the second quarter of 2025 is expected to achieve both quarter-on-quarter and year-on-year growth, but we need to continue to closely monitor the impact of changes in the global political and economic situation.
                        
15:41

                            Foxconn: The second quarter operating outlook is expected to show quarterly and annual growth
                        
                            Foxconn said that based on current visibility, it expects the second quarter operating outlook to show quarterly and annual growth, but it still needs to continue to pay attention to the impact of changes in the global political and economic situation.
                        
15:39

                            Foxconn: Cloud network products will maintain growth trend in the second quarter, and major products will enter the transition period from old to new products
                        
                            Foxconn said that cloud network products will maintain the growth trend in the second quarter, but it is still the traditional off-season and major products are entering the transition period from old to new products.
                        
15:33

                            Foxconn: Revenue in March 2025 increased by 23.4% year-on-year; revenue in the first quarter increased by 24.2% year-on-year.
                        
14:54

                            Foxconn: Sales in March were NT$552.1 billion, up 23% year-on-year.
                        
14:54

                            Hon Hai's sales in March were NT$552.1 billion, up 23% year-on-year
                        
                            Hon Hai's sales in March were NT$552.1 billion, up 23% year-on-year.
                        
22:40

                            Ericsson and Lenovo reach settlement in patent lawsuit
                        
                            Ericsson announced on April 3 that it had reached a settlement agreement with Lenovo Group to resolve a patent licensing dispute between the two parties regarding a multi-year global patent cross-licensing agreement. As part of the settlement agreement, all lawsuits and administrative proceedings currently filed by the two companies in multiple countries, including those pending at the U.S. International Trade Commission (USITC), will be withdrawn. Ericsson said it expects to recognize financial impacts starting in the second quarter of 2025, and the remaining patent licensing disputes will be fully resolved through arbitration proceedings between the two parties.
                        
14:00

                            Xiaomi Group's Hong Kong stocks rose more than 3% in the afternoon
                        
                            Xiaomi Group's Hong Kong stocks rose more than 3% in the afternoon, after falling more than 1.5% in early trading.
                        
13:59

                            Xiaomi Group (01810.HK), a Hong Kong-listed company, rose more than 3% in the afternoon, having fallen more than 1.5% in early trading.
                        
10:03

                            Fitch raises Xiaomi Group's rating outlook to "positive" and affirms its IDR rating to "BBB"
                        
                            Fitch raised Xiaomi Group's rating outlook to "positive" and confirmed its IDR rating at "BBB".
                        
10:03

                            Fitch upgraded Xiaomi Group's (01810.HK) rating outlook to "positive" and confirmed its IDR rating at "BBB".
                        
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