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NIO's First Self-developed Chip Is Aimed at Intelligent Cabin, with Ex-Huawei Hisilicon Expert in Charge
NIO's first self-developed chip will be manufactured by Samsung, with the research and development team led by a former Huawei HiSilicon executive.
Industry
Chinese Auto-Driving Company WeRide Raises $310M in Series B Financing Deal Led by Yutong Group
Industry
NIO Quietly Lays Off Employees, Involving Multiple Departments Including UR Fellow
News
ByteDance Denies the Rumor of Placing A 1 Billion Yuan Order with Cambricon
ByteDance denies placing a 1 billion yuan chip order with Cambricon.
Industry
Xiaomi Denies 'CyberOne Humanoid Robot Will Soon Be Mass-Produced'
Xiaomi personnel stated that the news of "CyberOne humanoid robots entering mass production" is not true.
Industry
XPeng Iron L3 Humanoid Robot Will Be Mass-Produced Next Year
XPeng Iron humanoid robot has been put into use at the Guangzhou factory and plans to achieve mass production of L3 initial capabilities by 2026.
Latest News
XPeng Receives 500M Yuan in Funding From Guangdong Government
Chinese electric vehicle (EV) maker XPeng Motors announced on Monday that it has secured funding worth 500 million yuan ($77 million) from the Guangdong provincial government.
UNDP Supports Tsinghua University in Organizing Global Dialogue on AI Cooperation and Governance
The United Nations Development Program (UNDP) joined Tsinghua University to support the inaugural International AI Cooperation and Governance Forum which kicked off on Dec. 19.
Private Chinese Aerospace Firm Galactic Energy Completes Rocket Engine Test
Galactic Energy, a Chinese private space launch enterprise, announced that it has carried out a successful test run of its self-developed Welkin 50-ton reusable liquid oxygen/kerosene engine.
SHEIN Sets Up Supply Chain HQ in Guangzhou with 3.69 Billion Yuan Investment
SHEIN has plans to establish an intelligent warehousing logistics distribution park that will integrate various functions such as warehousing, stockpiling, picking, distribution, delivery, and settlement.
Pinduoduo Outstrips Baidu as Fifth Largest Internet Company in China
According to Tencent Technological News, Chinese group buying e-commerce platform Pinduoduo surpassed Baidu in market value, becoming the fifth largest Internet company in China.
Huya 2024Q4 and Full Year Earnings Analysis: Adjusted Net Income More Than Doubled in 2024 with $400M 2025-2027 Dividend Plan
HUYA Inc., China's leading game streaming platform, reported Q4 and 2024 results Tuesday with adjusted net income up 125.6% to $36.8 million, positive operating cash flow of 94 million yuan, and announced a minimum $400 million dividend plan for 2025-2027.
Xpeng CEO Optimistic About Competing with Tesla's FSD in China
He Xiaopeng emphasized that Xpeng's Level 3 (L3) autonomous driving capabilities would "far surpass" Tesla's FSD V13, though he noted that Tesla might continue to iterate with future versions like V14 or V15.
Tencent Accelerates Large-Scale Model Applications with Large Chip Procurement from NVIDIA
Sources close to NVIDIA have disclosed that Tencent's procurement expenditure this time has soared to tens of billions of RMB.
Featured News
ECARX Secures Global Order from Volkswagen
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