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2025-06-102025-06-10168866442200
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tesla maintains sell rating as electric vehicle sales dominate revenue streams

Tesla, Inc. focuses on designing, building, and selling electric vehicles, with net sales primarily from automotive vehicle sales (74.2%) and services (10.8%). The company also engages in energy generation and storage systems (10.3%) and has eight manufacturing sites across the U.S., China, and Germany. Geographically, net sales are distributed with 48.9% in the U.S., 21.4% in China, and 29.7% in other regions.

Huawei achieves double-digit growth in Q1 2025 Chinese smartphone market

Huawei achieved double-digit growth in the Q1 2025 Chinese smartphone market, shipping 13 million units and capturing 18% market share, thanks to the national subsidy scheme. The company ranked second, bolstered by the Mate XT and Pura X foldable devices, while expanding HarmonyOS NEXT to the Nova 12 and 13 lineups.Xiaomi led the market with 13.3 million shipments and 19% share, marking a 40% year-on-year growth. OPPO and Vivo followed in third and fourth places, while Apple experienced an 8% decline, delivering 9.2 million devices and holding 13% market share. Overall, the market saw a 5% year-on-year increase, with 70.9 million units shipped.

Alibaba enhances Taobao delivery service to boost competitiveness in China

Alibaba has launched Taobao Instant Commerce to enhance delivery speed and offer consumer subsidies, aiming to strengthen its position in China's competitive e-commerce market. Currently available in 50 cities, the service will expand nationwide by May 6, 2025, and is managed by Ele.me, Alibaba's food delivery platform. This initiative puts Alibaba in direct competition with JD.com and Meituan, reflecting a significant shift in consumer expectations for rapid delivery and the integration of online marketplaces with logistics networks.

Huawei launches CloudMatrix 384 AI clusters aiming for technological independence

Huawei has launched its CloudMatrix 384 AI clusters, aiming for technological independence from Western suppliers, particularly NVIDIA. Priced at around eight million dollars per system, it boasts up to 300 PetaFLOPS using 384 Ascend 910C chips, but at a significantly higher power consumption and lower efficiency compared to NVIDIA's offerings. This system targets major Chinese customers, positioning itself as a high-performance platform amidst geopolitical challenges, despite concerns over energy efficiency and software integration.

huawei launches ai cluster to compete with nvidia amid sanctions

Huawei has begun delivering its CloudMatrix 384 AI chip cluster to Chinese clients, responding to U.S. sanctions that limited access to Nvidia's technology. While CloudMatrix 384, which utilizes a larger number of Huawei's Ascend 910C chips, claims to outperform Nvidia's NVL72 cluster, it faces challenges such as higher energy consumption and increased maintenance costs, selling for approximately 60 million yuan compared to Nvidia's 3 million yuan. Industry analysts express concerns about a potential peak in AI data center investments by 2025, though alternative funding sources may sustain growth.

Huawei launches CloudMatrix 384 AI clusters with record bandwidth in China

Huawei has launched its CloudMatrix 384 AI clusters in China, featuring 384 Ascend 910C AI chips and delivering an impressive bandwidth of 1.2 petabytes per second. Despite consuming 3.9 times more power than NVIDIA's GB200 NVL72 servers, the clusters are designed for scalable AI performance, with 10 companies already integrating them into their data centers.

Huawei unveils Maextro S800 an ultra-luxury electric sedan in Shanghai

Huawei has launched its ultra-luxury EV brand, Maextro, with the S800 sedan, designed to compete with high-end models like the Mercedes-Maybach S-Class and Rolls-Royce Ghost. The S800 features a spacious interior with advanced amenities, three electric motors delivering 852 horsepower, and Level 3 automated driving technology. Priced at just over 1 million yuan (approximately $137,600), it offers a more affordable alternative to its European rivals, though its entry into the U.S. market is unlikely due to tariffs.

Apple begins iPhone production in India amid shifting global supply chains

Apple has commenced production at a new iPhone facility in Tamil Nadu, India, operated by Tata Electronics, focusing on older models. A second plant by Foxconn in Bengaluru, set to produce iPhone 16 models, will create up to 50,000 jobs by 2027. As India now accounts for 18% of global iPhone production, Apple aims to manufacture most US-sold iPhones there by 2026, amid ongoing US-China trade tensions reshaping global supply chains.

Nvidia refutes claims of joint venture in China amid export restrictions

Nvidia has denied reports of a planned joint venture in China, labeling them as "baseless" amid ongoing US-China tech tensions. The company faces significant challenges due to US export restrictions on advanced GPUs, which could lead to a projected loss of $15-16 billion in revenue, particularly impacting its substantial market presence in China. Despite these setbacks, Nvidia had anticipated generating $12 billion from H20 AI chips in China for 2024, highlighting the risks and uncertainties in the evolving tech landscape.

China's hydrogen production leads global market amid clean energy challenges

China produced 36.5 million tons of hydrogen in 2024, over a third of global output, yet 56% of this came from fossil fuels, with green hydrogen from electrolysis at only 320,000 tons. The country aims for hydrogen to comprise 10% of its energy consumption by 2030, but economic viability remains a significant challenge. As 2025 approaches, China plans to enhance innovation and international cooperation to boost large-scale renewable hydrogen projects, while global hydrogen supply is projected to increase significantly.
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