TechNode Weekly News | February 23

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Stats show Chinese tourists are embracing overseas trips again as Lunar New Year holiday period sees spike in outbound travel by Yujia Dong

Chinese tourists returned to outbound travel during the recent Year of the Dragon break as a range of data showed that the number of overseas transactions and tour bookings by Chinese citizens rebounded to the pre-pandemic levels seen in 2019.?

China’s HiPhi pauses EV output and furloughs workers with future in doubt by Jill SHEN

Chinese electric vehicle maker Human Horizons 华人运通 will suspend production for at least six months and furlough its employees in an attempt to keep the company going as it looks for new funding, local media has reported.?

Xiaomi dismisses mass layoff speculation, claims staff changes are “normal personnel adjustments” by Jessie Wu

On Feb.18, Wang Hua, 小米科技 ’s public relations manager, declared on the?Twitter-like social media platform Weibo?that the company does not intend to implement any mass layoffs but is focused on routine personnel adjustments aligned with annual performance evaluations. Wang’s statement followed reports that the company was considering substantial layoffs by the end of February, providing an N+1 compensation package without negotiation.?

TikTok investigated by EU over alleged addictive content and weak child protection measures by Yujia Dong

The European Commission has opened a?formal investigation?into TikTok to assess potential violations of the Digital Services Act (DSA). Companies found in breach of the act could face fines of up to 6% of their global revenue.

Huawei unveils Pocket 2, a stylish flip phone with satellite communication by Jessie Wu

On Thursday, 华为 launched the Huawei?Pocket 2, a sleek flip foldable phone seemingly targeted at a young, predominantly female demographic, hitting the shelves after a 16-month gap since the previous generation. The Pocket 2 stands out as the industry’s first foldable flagship to support messaging via China’s Beidou satellite, facilitating communication in regions lacking ground network signal. The device also represents Huawei’s first foldable device equipped with its self-developed Kirin chipset.