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Junyang Lin, the tech lead behind Alibaba's Qwen AI models, announced on X he is stepping down, offering no reason. The surprise exit came weeks after…

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Alibaba, China’s e-commerce giant, operates online retail marketplaces, cloud computing services, and digital payment networks across Asia and beyond.

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The tech giant is rolling out a range of AI hardware devices to extend Qwen beyond the smartphone.

Alibaba aims to take Qwen from app to wearable interface

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Junyang Lin, the tech lead behind <a href="/company/alibaba">Alibaba's</a> Qwen <a href="/industry/ai">AI</a> models, announced on X he is stepping down, offering no reason. The surprise exit came weeks after a major Qwen upgrade and amid Alibaba’s plan to invest more than USD 53 billion in AI infrastructure.

The White House is debating whether <a href="/company/tencent">Tencent</a> can retain stakes in Epic Games, Riot Games, and Supercell as President Donald Trump prepares to meet Chinese leader Xi Jinping in April. The review centers on potential data security risks tied to millions of US users, with officials divided over forcing divestitures or allowing the investments with safeguards.

Schaeffler has named Leju Robotics as its first embodied intelligence partner in China, with plans to collaborate on industrial applications, data training sites, and joint R&amp;D. The partnership integrates Schaeffler’s precision component manufacturing with Leju’s humanoid robot platform and commercialization experience to accelerate large-scale deployment in factories.

XtalPi said it expects to record its first full-year profit in 2025, forecasting net income of at least RMB 100 million after a RMB 1.5 billion loss in 2024. The company projected revenue of at least RMB 780 million, up nearly 193% YoY, with gains on financial assets exceeding RMB 500 million.

<a href="/company/xiaomi">Xiaomi</a> has tested self-developed humanoid robots in its <a href="/industry/ev">EV</a> plant, where they operated autonomously for three hours and completed assembly tasks with a reported 90.2% success rate within a 76-second production cycle. Founder Lei Jun said the company plans to deploy a large number of humanoid robots across its factories over the next five years.

<a href="/company/xiaomi">Xiaomi</a> will manufacture a Leica-branded smartphone for global markets, replacing Leica’s prior Japan-only production with Sharp. Priced from EUR 1,999, the model features dual 50-megapixel cameras, a 200-megapixel telephoto lens, and physical ring controls, with global orders set to open in March.

Global wearable shipments surpassed 200 million units in 2025, up 6% YoY, with <a href="/company/xiaomi">Xiaomi</a> ranking first with an 18% market share, followed by Apple at 17% and <a href="/company/huawei">Huawei</a> at 16%, as the market consolidated and vendors increasingly focused on <a href="/industry/ai">AI</a> capabilities and subscription-based services.

<a href="/company/alibaba">Alibaba's</a> Damo Academy has signed agreements with Pakistan’s Capital Hospital, Khawaja Safdar Medical College, and Sky47 to deploy its multi-cancer screening <a href="/industry/ai">AI</a> in local imaging departments. The system detects major cancers and chronic diseases, and has reportedly provided over 20 million screenings across ten countries and regions.

<p data-start="169" data-end="518"><a href="/company/minimax">MiniMax</a> has launched MaxClaw globally on its iOS and Android app, enabling users to run OpenClaw with real-time cross-device sync. The company added Coding Plan billing as an alternative payment option and completed four emergency capacity expansions after traffic spikes caused service instability, with affected users set to receive credit compensation.</p>

<p data-start="847" data-end="1215"><a href="/company/xiaomi">Xiaomi</a> president Lu Weibing said memory chip prices have climbed to nearly four times last year’s levels and may keep rising until the end of 2027, marking an unusually long upcycle. He added that Xiaomi currently faces no supply shortages.</p>

Meizu denied reports that its entire StarV AR system team had joined RayNeo, calling the claim false in a response to Chinese media. A person familiar with the matter said only some employees from Meizu’s Chengdu branch moved to RayNeo, disputing earlier claims of a full-team transfer.

Sea Group operates digital entertainment (Garena), e-commerce (Shopee), and fintech (SeaMoney) platforms across Southeast Asia.

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Shopee, a Southeast Asian online marketplace, features interactive shopping, flash deals, and localized payment options.

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Southeast Asia’s tech ecosystem is a melting pot of startups and businesses of all sizes, all vying for rapid growth.

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The underlying economics of Shopee, Monee, and Garena may be behind the selloff.

Sea fails to impress investors despite strong Q4 results

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How does information move at light speed? Review 5G rollouts, fiber networks, and connectivity standards advancing global communication.

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The company aims to address U6GHz’s propagation challenges and unlock a new class of mobile networking performance.

Huawei unveils U6GHz portfolio at MWC Barcelona 2026

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Hong Kong

The territory's stock market has become a source of overseas M&A funding for mainland miners.

China eyes Hong Kong as gold trading hub in bid for market dominance

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Qwen tech lead exits Alibaba

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