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Xiaomi’s 17 Ultra Leica edition sold out online within hours of its December 25 presale, pushing resale prices to as high as RMB 20,000—more than doub…

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<a href="/company/xiaomi">Xiaomi’s</a> 17 Ultra Leica edition sold out online within hours of its December 25 presale, pushing resale prices to as high as RMB 20,000—more than double its official starting price of RMB 8,999—underscoring strong consumer demand.

<a href="/company/netease">NetEase</a> announced that executive vice president and interactive entertainment head Ding Yingfeng will retire on December 31, 2025. He will remain as an adviser, with CEO William Ding praising his leadership and contributions to the company’s game portfolio and development capabilities.

Sunwoda Power, a subsidiary of Shenzhen-listed Sunwoda, is facing a RMB 2.31 billion lawsuit from <a href="/company/geely">Geely’s</a> Viridi E-Mobility Technology (VREMT) over alleged quality issues in battery cells supplied between 2021–2023. The case, accepted by the Ningbo Intermediate People’s Court, comes as Sunwoda’s planned power unit listing remains on hold following consecutive losses.

<a href="/company/catl">CATL</a> and Unigroup Guoxin Microelectronics have formed Tongxin Micro Technology, a Beijing-based automotive chip venture with RMB 300 million in capital. Guoxin holds 51% and CATL 5%. The new firm will acquire Guoxin’s domain controller chip business, valued at RMB 193 million, to strengthen ties with <a href="/industry/ev">EV</a> clients.

China’s commerce ministry has signaled cautious acceptance of TikTok’s US joint venture deal, saying it “hopes” the arrangement complies with Chinese laws and balances interests. Analysts said Beijing seeks to frame the outcome as a negotiated compromise as <a href="/company/bytedance">ByteDance</a> licenses its algorithm to a new US-controlled TikTok entity.

<a href="/company/huawei">Huawei</a> has announced it will launch the WiFi X portable router in March 2026. The device features transparent antenna technology and third-generation PLC gigabit networking, eliminating the need for additional wiring. It includes a built-in gateway and supports StarFlash connections for HarmonyOS device integration.

<a href="/company/xpeng">Xpeng Motors</a> is expanding across the Middle East and Africa, launching in Qatar, signing a partnership in Mauritius, and opening new facilities in the UAE and Egypt. Its 2,000-square-meter service center in Cairo, the largest in the region, underscores the company’s push to deliver smart, sustainable mobility experiences to users in the region.

<a href="/company/lenovo">Lenovo</a> plans to unveil its “AI Super Agent” for global markets at CES, positioning it as a flagship application. The assistant will reportedly offer system-level <a href="/industry/ai">AI</a> capabilities similar to <a href="/company/bytedance">ByteDance’s</a> Doubao phone assistant, integrating AI directly into the operating system.

<a href="/company/agibot">Agibot</a> has launched Qingtian Rent, a nationwide platform offering humanoid and quadruped <a href="/industry/robotics">robots</a> for hire. Operating in 50 cities, the service rents the A2 Ultra bot from RMB 4,899 per day and aims to reach 400,000 users next year. Backed by <a href="/company/tencent">Tencent</a>, <a href="/company/byd">BYD</a>, and <a href="/company/baidu">Baidu</a>, Agibot plans to expand to 200 cities by 2026.

Tuya Smart has launched Hey Tuya, a digital assistant built on its "Physical AI Engine" to deliver intelligent, proactive support in daily life. Designed for multi-device collaboration, Hey Tuya is said to learn user habits and manage tasks across home, health, and work scenarios.

<a href="/company/alibaba">Alibaba’s</a> Qwen app reached 40 million monthly and 19 million weekly active users within 30 days of its public beta, according to Xsignal. Launched on November 17, the app has since integrated with Amap and other local services, signaling a shift from conversational use toward broader lifestyle and task-based applications.

ByteDance, a Chinese internet company, uses machine learning to recommend engaging videos, news, and social content (via TikTok and Douyin).

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And Doubao is just one facet of ByteDance’s wider AI strategy.

Doubao hits 100 million DAUs as ByteDance extends its AI lead

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The former Huawei regional head joins as second-in-command to CEO Wang Lei.

EcoFlow hires Huawei veteran Peter Tong ahead of US IPO push

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X Photonics has entered the consumer market with XLaserLab, whose laser welders and engravers are now leading crowdfunding charts.

Xiaomi’s new Leica phone sparks rush

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