TechNode Weekly News | December 27

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NIO CEO says company prepared for market upheaval in 2025 by Jill SHEN

NIO is ready to fight for its place among Chinese EVs, as the market is set for further upheaval in the coming months and it anticipates a “strong” product cycle from fiscal 2025, founder, chairman, and chief executive William Li said on Dec. 22.

NVIDIA to launch GB300 in March 2025 with Foxconn as top supplier: report by Jessie WU

Taiwan-based electronics manufacturer Foxconn continues to be the largest supplier of NVIDIA’s servers, with the firm central to NVIDIA’s plans to launch its next-generation GB300 AI server lineup at the GTC (GPU Technology Conference) in March 2025, according to the Taiwanese media outlet?Economic Daily News. The supply chain has entered the development and design phase for the GB300 AI server, the report said.

Smartisan founder Luo Yonghao shifts focus from AR to AI assistant in his “last venture” by Shuang Jing

After navigating the bankruptcy of Smartisan Technology, accumulating $89 million in debt, founding the e-commerce livestreaming company Be Friends Holding Ltd, and eventually leaving it to launch Thin Red Line, serial entrepreneur and social media influencer Luo Yonghao has shifted his focus from AR to AI. According to Chinese media outlet ifeng.com, Chinese AR startup Thin Red Line is set to release its first product around the Lunar New Year in late January. The product will feature AI-native hardware paired with a software solution.?

CATL looks to grow battery-related business with new skateboard chassis by Jill SHEN

China’s CATL on Tuesday introduced a new skateboard chassis for electric vehicles that integrates the battery directly into the frame of the car, in the hope of not only growing its battery-related business but also tapping the future potential of driverless mobility.

Price war intensifies as Amazon reportedly targets Chinese sellers offering cheap goods on Temu by Shuang Jing

Amazon has instructed some Chinese cross-border merchants selling goods on its site to stop listing lower-priced products on rival platform Temu, according to a report in the?South China Morning Post?today. The apparent move comes amid the US site’s growing competition with the budget retailer owned by Chinese e-commerce giant PDD Holdings.

NetEase shuts down Chinese-Japanese gaming spin-off Ouka Studios, developer of Visions of Mana by Jessie WU

Chinese gaming publisher NetEase Games recently shut down the official website of Visions of Mana developer Ouka Studios, a Guangzhou- and Tokyo-based venture. The website now displays?a 404 error?(page not found). In August,?Bloomberg?had already reported that NetEase would reduce its investment in Japanese games and shut down Ouka Studios.