Articles
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2 days ago |
fortune.com | Lionel Lim
Lei Jun, CEO of Xiaomi, speaks during the launch of Xiaomi's XRING O1 chipset, mobile phone 15S Pro and Pad 7 Ultra in Beijing on May 22, 2025. Adek Berry—AFP via Getty Images
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2 days ago |
aol.com | Lionel Lim
When Xiaomi unveiled its electric car to much fanfare in late 2023, CEO Lei Jun called the project his last entrepreneurial endeavor. Fifteen months later, Lei’s bet now seems like it might pay off. At a Tuesday event in Beijing, the Xiaomi CEO suggested that the company’s EV business could be profitable by the second half of the year. A Xiaomi spokesperson confirmed the comments to Fortune. Lei’s optimism contrasts with renewed worries that China’s EV sector is about to sink into another price war.
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3 days ago |
fortune.com | Lionel Lim
A visitor takes a photo at the 2025 China Medical Equipment Conference & Medical Equipment Exhibition at the Chongqing International Expo Center on March 14, 2025 in Chongqing, China. Zhou Yi—China News Service/VCG via Getty Images
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3 days ago |
aol.com | Lionel Lim
Global investors are paying close attention to U.S.-China trade tensions this week. Tensions are simmering as Washington and Beijing accuse each other of undermining last month’s agreement–and officials hint of a possible phone call between U.S. President Donald Trump and Chinese President Xi Jinping this week. But the U.S. isn’t Beijing’s only headache.
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4 days ago |
flipboard.com | Lionel Lim
5 hours agoLargely unnoticed, an obscure corner of the trade has reached gargantuan proportions. Exactly a century ago, two German chemists patented a process to transform coal into liquid fuels. Following its discovery in 1925, the Fischer-Tropsch synthesis eventually became infamous: The Nazis used it to …
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