Tencent, NetEase rethink Japan investments after yielding few blockbuster video games

Tencent, NetEase rethink Japan investments after yielding few blockbuster video games

The previously unreported moves to cut back staff and spending in Japan follow years of investment in the world’s No 3 gaming market, with not much to show for it. China’s two dominant game publishers sought to escape a stagnating home market by making a series of bets in Japan since 2020, looking to incubate … Read more

Nvidia cuts prices on AI chips for China amid heated domestic competition with Huawei, sources say

Nvidia cuts prices on AI chips for China amid heated domestic competition with Huawei, sources say

The flattening prices underscore the challenges Nvidia’s China business faces amid US sanctions on AI chip exports and heightened competition, casting a cloud over its future in a market that contributed 17 per cent to its revenue for fiscal 2024. The growing competitive pressure in China also adds a cautionary note to investors in the … Read more