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BYD Co. electric vehicles (EV) at the company’s showroom inside the Liverpool department store in Mexico City, Mexico, on Tuesday, Oct. 31, 2023. BYD has set up showrooms in Liverpool, the largest retail chain operator in Mexico, as EV share of new sales hit nearly 1% in the country last year. Photographer: Mariceu Erthal/Bloomberg via Getty Images

EV giant BYD is getting serious about a Mexico plant, as Chinese EV makers hope the country can be a path into the U.S.

HSINCHU, TAIWAN – SEPTEMBER 16: United Microelectronics Corporation (UMC), Taiwan’s first semiconductor company founded in 1980 as a spin-off of the government-sponsored Industrial Technology Research Institute at Hsinchu Science Park on September 16, 2022 in Hsinchu, Taiwan. Taiwan’s semiconductor manufacturing capabilities are crucial to global supply chains, with megacap companies like Apple, Nvidia and Qualcomm heavily dependent on the island’s exports. Taiwan accounts for some 60 percent of global semiconductor foundry revenue, according to media reports. (Photo by Annabelle Chih/Getty Images)

‘Success breeds success’: How a 1,400-hectare plot became the hub of the global chip industry—and the world economy

Vikram Sinha, CEO of Indosat Ooredoo Hutchison. IOH is Indonesia’s second largest telco and the company says it wants to expand coverage in rural Indonesia.<br />
Courtesy of Indosat Ooredoo Hutchison

Twenty-one million Indonesians, almost the population of Florida, will go online by 2027. The country’s second-largest telco wants to ‘tap that opportunity’

Sigange for Alibaba Group Holding Ltd. atop one of the company’s offices in Beijing, China, on Tuesday, Feb. 6, 2024. Investors looking for an end to the freefall in shares of Chinese e-commerce company Alibaba Group Holding Ltd. may be in for a long wait, if options traders are correct. Source: Bloomberg

Alibaba wakes up to competition from PDD and ByteDance, promising to ‘reignite’ growth as disappointing results send shares down 6%

Piyush Gupta, chief executive officer of DBS Group Holdings Ltd., speaks during a news conference in Singapore, on Thursday, Aug. 3, 2023. DBS, Southeast Asia’s largest bank, signaled improving margins in the second half of this year after higher interest income and fees buoyed quarterly profit. Photographer: Suhaimi Abdullah/Bloomberg via Getty Images

The CEO of Southeast Asia’s largest bank is taking a $3 million pay cut because of broken digital banking services

Horace Luke, co-founder and CEO of Gogoro, at one of the company’s battery swapping stations. Gogoro’s scooters use a battery swapping model instead of charging.

A Taiwanese scooter startup is taking battery-swapping global—and wants to bring legacy brands like Yamaha and Suzuki along for the ride

The ORA Good Cat electric cars are seen at the Great Wall Motors GWM manufacturing plant in Rayong, Thailand, Jan. 12, 2024. China’s carmaker GWM sees the first electric vehicle roll off the production line in Thailand on Friday, making a significant breakthrough as the first locally produced pure electric vehicle. (Photo by Wang Teng/Xinhua via Getty Images)

China’s EV makers continue to make inroads in Southeast Asia, as they double their market share in Thailand—the ‘Detroit of Asia’

Customers are experiencing the newly launched iPhone 15 at Apple’s flagship store in Shanghai, China, on September 24, 2023. (Photo by Costfoto/NurPhoto via Getty Images)

Apple loses $84 billion in value after reporting weak sales in China, the ‘most competitive smartphone market in the world’

WASHINGTON, DC – JANUARY 31: Shou Zi Chew, CEO of TikTok, testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. The committee heard testimony from the heads of the largest tech firms on the dangers of child sexual exploitation on social media. (Photo by Alex Wong/Getty Images)

Shou Zi Chew, CEO of ByteDance-owned TikTok, had to confront claims about ties to China in the U.S. Senate: ‘Senator, I’m Singaporean’

ByteDance CEO is mad at his employees for missing the AI wave. He’s the latest Chinese tech executive to fret about being too slow to adapt

Passengers are carrying their luggage on their way home at the Beijing Subway Station in Beijing, China, on January 29, 2024. (Photo by Costfoto/NurPhoto via Getty Images)

A blizzard threatens to put a chill on the Lunar New Year holiday—and on Beijing’s hopes of boosting the economy

Akio Toyoda, chairman of Toyota Motor Corp., gestures as he speaks during a news conference in Nagoya, Aichi Prefecture, Japan, on Tuesday, Jan. 30, 2024. Toyota Motor Corp. and its affiliates need to return to basics to move past recent scandals, Toyoda said. Photographer: Kiyoshi Ota/Bloomberg via Getty Images

Toyota sits on top of the world’s car market for the fourth year running, but an array of safety scandals could threaten its brand

a car in a showroom

BYD’s victory over Tesla may have come at a cost, as a lower-than-expected profit estimate pushes shares down almost 5%

Canon, best known for its cameras and printers, wants to undercut ASML and its $150 million chipmaking machines

Signage for China Evergrande Group’s Evergrande Plaza, in Hefei, China, on Sunday, Nov. 26, 2023. China is ramping up pressure on banks to support struggling real estate developers, signaling President Xi Jinping’s tolerance for property sector pain is nearing its limit. Source: Bloomberg

Evergrande, the poster child for China’s property debt crisis, is ordered to liquidate by a Hong Kong court: ‘Enough is enough’