Chip IP Company Imagination Lays Off 20%, Involving the Chinese Market
Affected by global macroeconomic factors, UK GPU chip design technology company Imagination plans to lay off 20% of its workforce worldwide.
Category: News
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Tesla Applies for "Cyber" Chinese Trademark
Tesla has recently secured the "Cyber" trademark in China for its Cybertruck, following the registration of the "CYBERTRUCK" trademark in January, 2024.
2/18/20252 min read
Dell Will Stop Selling Some Products with AMD 7900 Graphics Cards in China
Dell will stop selling products in China that are equipped with multiple AMD 7900 graphics cards.
Horizon Robotics and Volkswagen Group's Software Company CARIAD Announce Establishment of Joint Venture
On December 8th, Horizon Robotics and CARIAD announced the official establishment of the companies' joint venture CARIZON.
12/8/20231 min read
PICO's VP Resigns to Launch Cross-Border E-commerce Startup
ByteDance's Vice President of its virtual reality division, PICO, Ren Lifeng, has officially resigned to embark on a new entrepreneurial journey in the cross-border e-commerce sector.
1/23/20242 min read
China Strengthens Supervision and Interconnection of Payment Environment
The People's Bank of China (PBoC) has punished 1,436 banks and payment institutions and issued fines totaling 1.13 billion yuan since 2016.
10/11/20212 min read
NIO Blames Partial Demolishment of Power Station in Central China on "Information Asymmetry"
In response to an online video showing a NIO electric vehicle charging and power exchange station being demolished, Ma Lin, senior director of enterprise communication of NIO, said that there was information asymmetry between the two sides.
10/21/20212 min read
Bonray Bags Millions in Round D Financing
Xi'An Bonray Integrated Information Electronics Co., Ltd. (Bonray), announced that it had completed a round D financing totaling several hundred million yuan.
1/5/20222 min read
Meituan Launches Drone Delivery Service in Beijing with First Route at the Great Wall
On August 16, Meituan Drones launched its first regular drone delivery route at the Badaling Great Wall in Beijing. This service caters to tourists near the landing site, offering essential items and emergency aid.
OPPO Responds to "Mass Layoffs of Huawei Employees": False News
OPPO denies 'mass layoffs of Huawei employees'.
DJI Automotive Seeks External Financing with Estimated $1.5 Billion Valuation
The DJI Automotive is seeking external financing, with an estimated valuation of up to $1.5 billion.
8/25/20232 min read
DJI Releases Its First Intelligent 3D Model Editing Software 'DJI Modify'
DJI released its first intelligent 3D model editing software called 'DJI Modify'. This software claims to be as simple as retouching photos for model editing.