Why $150 Budget Phones Are Quietly Disappearing in ChinaHOT
A memory chip shortage is squeezing the cheapest smartphones out of the market, rewriting the logic of the entry-level phone and leaving budget buyers with fewer options.
A memory chip shortage is squeezing the cheapest smartphones out of the market, rewriting the logic of the entry-level phone and leaving budget buyers with fewer options.
After years of gimmicks, in-car companion robots are suddenly everywhere in Chinese vehicles, from Xiaomi's rotating screen to Geely's Eva. The timing is no accident: cheaper AI chips, an anxious market and a fight over what makes a car feel alive.
Xiaomi's Vision GT concept car will join Gran Turismo 7 in October, the first Chinese Vision Gran Turismo entry in the game's history, following the SU7 Ultra's debut as the franchise's first Chinese production car.
A 15-yuan, 60-centimetre egg tart became China's autumn snack craze, until influencers used it as a punchline for being poor. The backlash says more about status anxiety than dessert.
China's electric-vehicle startups posted a mixed September, with Leapmotor holding first place while Xpeng and Xiaomi pushed past 40,000 deliveries and Huawei-backed Aito slipped. The month shows growth is no longer lifting every brand equally.
China's flagship 9-series SUVs, once priced as luxury flagships, are being launched with prices up to 28,000 yuan below their own pre-sale levels. Rising supply and softer demand are rewriting the price anchors of the country's most prestigious homegrown models.
After launching overseas, IKEA's affordable Matter-compatible smart home products are quietly clearing Chinese certification, signaling an imminent mainland debut. The move could shake up a market long dominated by local ecosystems like Xiaomi and Huawei.
Hong Kong's Hang Seng Index fell as much as 2% on Friday, dragging Chinese tech giants lower, while Xiaomi spent HK$50.1 million repurchasing its own shares. The pullback follows a softer night for US-listed Chinese stocks and rising Treasury yields.
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