NVIDIA's Jensen Huang Responds to AI Chip Pricing Issue
On March 19, NVIDIA CEO Jensen Huang responded to the pricing issue of AI chips in an interview and emphasized the importance of the Chinese market.
Category: Industry
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China Launches Shenzhou-15 Manned Spacecraft
At 23:08 on November 29, China Standard Time, a Long March 2F carrier rocket holding the Shenzhou-15 manned spacecraft was ignited and dispatched from the Jiuquan Satellite Launch Center.
11/30/20223 min read
From Reader to Practitioner, Tencent COO Shares Views on Media
Tencent hosted the 2017 Tencent Media Summit in Shanghai on November 16. With “media’s new planet” as its theme, Tencent and a dozen of the world’s leading and ...
China’s Latest New Energy Vehicle Subsidy Rules Make Domestic EV-Makers Concerned
China has extended subsidies for new energy vehicles (NEV) for two more years but in gradually reduced amount.
Chinese Online Real Estate Platform Beike Rumored to Seek IPO Next Year
According to Bloomberg, the Chinese real estate platform Beike Zhaofang (Beike), has been working with a consultant on a potential IPO and may complete its listing as soon as 2020.
12/19/20192 min read
Tesla Plans to Raise 5 Billion to Ease Debt Pressure, Market Cap Soars 13% after 5-for-1 Stock Split
Tesla, the world’s largest electric vehicle manufacturer, announced on September 1 that it would sell up to $5 billion in new stocks to ease future debt pressures, Reuters reported.
9/2/20203 min read
Tik Tok Climbs into App Store's Top 10, Honour of Kings Clings to 1st Place
Although Baidu, Alibaba, Tencent and NetEase products dominate the iOS market in China, a number of companies such as Toutiao and Meituan Dianping have crept in...
Qutoutiao’s Online Reading Platform Midu Raises $100 Million
Chinese mobile content platform Qutoutiao announced that its online reading platforms Midu Novels and Midu Novels Lite have completed a $100 million round of financing led by CMC Capital.
10/17/20192 min read
American Semiconductor Company Vishay Restructures, Closing 3 Factories Including Shanghai
The semiconductor giant American Vishay Intertechnology announced a restructuring, laying off 800 employees and planning to close three factories including the one in Shanghai, China.
Alibaba Founder Jack Ma Appointed Honorary Professor at HKU
On April 21, the University of Hong Kong (HKU) announced on its official website that Jack Ma, the founder of Alibaba and a prominent Chinese business magnate, has been appointed as an honorary professor for three years. His focus will be on education and corporate innovation.
Haidilao Expects $600 Million Loss in 2021
Haidilao, a Chinese hot pot chain, announced Monday that it foresees a net loss of about 3.8 billion yuan ($600 million) to 4.5 billion yuan as of Dec. 31, 2021.
Baidu Appoints Luo Rong, Former Executive of Tutoring Firm TAL as New CFO
Chinese internet and technology giant Baidu said on Monday that it has named Luo Rong, former chief financial officer (CFO) of tutoring firm TAL Education Group, as its new CFO.
11/2/20212 min read