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Xiaomi’s China smartphone shipments fell 35% in Q1 2026, pushing the company out of the domestic top five as hardware costs rose and new releases slow…

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<a href="/company/xiaomi">Xiaomi’s</a> China smartphone shipments fell 35% in Q1 2026, pushing the company out of the domestic top five as hardware costs rose and new releases slowed.

The Harmony Intelligent Mobility Alliance, or HIMA, said cumulative Aito M7 deliveries reached 450,000 units on May 19.

Sun Huajun, CTO of <a href="/company/byd">BYD's</a> battery business, said the company's second-generation blade battery can charge from 10% to 70% in five minutes without reducing lifespan and maintains performance at -30 degrees Celsius.

Niu Technologies reported Q1 2026 revenue of RMB 910 million, up 33.4% YoY, as electric scooter sales reached 261,624 units and net loss came in at RMB 93.9 million.

SMIC received regulatory approval to acquire the remaining 49% of SMIC North for RMB 40.6 billion, making the unit wholly owned through an all-stock transaction.

GigaDevice launched three brushless motor gate drivers on May 19, covering 40-, 120, and 600-volt platforms, with all models reportedly in mass production.

Lalamove has filed for a Hong Kong IPO for the seventh time, ahead of a November 8 deadline tied to redemption clauses on USD 4.8 billion in convertible preferred shares.

Deep Robotics has filed for a Shanghai Stock Exchange IPO to raise RMB 2.5 billion after reporting 2025 revenue of RMB 340 million and net profit of RMB 28.68 million.

Bambu Lab drew flak from the open-source community after sending a legal notice to a developer who built a tool to bypass the company’s software restrictions.

Lens Technology plans to acquire a 27.81% stake in Ju Teng International for HKD 734 million, then offer HKD 2.2 per share for the remaining shares.

China Resources Land (CR Land) received Hong Kong Stock Exchange approval on May 15 to spin off two shopping malls into a Shenzhen REIT expected to raise RMB 5.41 billion.

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Xiaohongshu, also known as RedNote, is a platform that connects users to curated content for fashion, beauty, travel, and more.

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Xiaohongshu is elevating AI across its organization while trying to protect the community that made it valuable.

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Cheng Zi is based in China, covering technology- and business-related events. She works with her colleagues at 36Kr Global to provide coverage in both English and Chinese.

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Asia's supply chain is gearing up as Google, Nvidia, and space tech startups shoot for the stars.

The AI space race: US and China bet big on orbital data centers

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Xiaomi phone shipments fall 35%

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Deals in brief: FusionAP raises pre-seed funding, SeaX Ventures backs US-based Melazyme, seven China investments, and more

Four years after ChatGPT, Xiaohongshu’s AI restraint gives way to urgency

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