Cross-border Archives - Page 47 of 49

Lei Jun at Snapdragon Summit: Xiaomi Eyes AI Tech, North America

Xiaomi confirmed it would be the first mobile phone manufacturer to release products based on Snapdragon 845 processor in China. Xiaomi said it also expects other “unique” products next year.

Google Confirms Intent to Establish AI Team in China

Google is not sitting idle while China’s IT giants increase their investments in the AI sector. At the media event held in Tokyo, Jeff Dean, the director of Google Brain, said the company is establishing its AI team in China, and is mainly recruiting in Beijing and Shanghai.

Bill Gates Named Foreign Academician by Chinese Academy of Engineering

The Chinese Academy of Engineering released its list of newly-elected academicians in 2017 on October 27. Among the 67 academicians on the list, 18 were foreign academicians, including Bill Gates.

China’s Fake Apple Reseller Convinced Own Employees it Was Real

Eager to capitalize on the demand for new iPhones, several foreigners rolled out a series of fake Apple Stores. They transformed a subway station into an Apple Store and hired people to wear uniforms and stand in the doorway. Outside the subway, they hired people to wait in line – ostensibly for the iPhone X.

Phyllis Cheung: McDonald’s Enjoy Greater Autonomy as Golden Arches

What’s is in store for McDonald’s China since changing its name to the Golden Arches? McDonald’s China CEO Phyllis Cheung said she was “flattered” when the name change triggered heated online debate, but she was more concerned about the company’s plans than the online buzz.

Wal-Mart Performs Well in Year of Cooperation with JD.com

Alibaba‘s purchase of a 36.16 percent stake in SUN ART Retail Group – a $2.9 billion investment – shook business news on November 20. Alibaba, the e-commerce giant that put forward of the concept of “new retail,” and SUN ART, the top offline retailer in China created a fusion of e-commerce and brick-and-mortar business.

Xiaomi will Build Its Third Handset Plant in India

According to foreign media reports, Xiaomi, which has had two smartphones factories in India, will build its third smartphone factory in India, as well as builds a charge pal plant with India local companies.

Vietnamese E-Commerce Platform Tiki.vn Received $44M from JD.com

Vietnamese e-commerce platform Tiki.vn recently announced it received $44 million in financing from JD.com. Tiki.vn said it would use the new financing to train staff, optimize logistics distribution and market its distribution service TikiNow.

Xiaomi Expands to US Market with Five Products on Amazon

Xiaomi is bringing new products to the US market, TechWeb reported on November 20. Its new offerings on Amazon.com include two headsets, a 10,000 mAh portable power bank, a 360-degree panoramic camera and a sweeping robot.

Amazon Sells AWS China for 2 Billion Yuan Over Compliance Issues

Compliance issues have been an important factor limiting the development of foreign cloud service providers in China.SINNET (SZ. 300383) announced intent to purchase assets related to Amazon’s cloud services from Amazon Technology Services (Beijing) for no more than 2 billion yuan on November 13.

Samsung Phone Sales Fall in China, Market Share Plummets to 1.6% in Q4

An army of Chinese brands led by Xiaomi has come to dominate the domestic smartphone market. SONY, Samsung, Blackberry and a large number of overseas brands have become its victims. Foreign media reported that Samsung’s smartphone market share in China fell to 2 percent in Q3, putting it in ninth place.

Huawei Makes Major Stride into US Market with AT&T Selling Mate 10

Huawei is one of the world’s largest mobile phone makers, but few Americans have heard of it. This may change soon.

Los Angeles Next Stop in ofo’s North American Expansion

China’s shared bike startup ofo has entered Los Angeles and is offering bicycles for rent in Griffith Park. In celebration of the annual autumn festival, ofo arranged booths throughout the park where residents and visitors can test drive ofo bikes and experience bike-sharing culture.

JD.com’s Joint Venture Opens Two-Way Trade Between China, Southeast Asia

JD Group and Central announced the launch of a new online retail platform to serve consumers in Thailand and Southeast Asia on November 2. The platform is branded JD Central and available online at JD.co.th. Richard Liu said Thailand’s resources and location will allow the platform to serve most of southeast Asia.

Nikon Shrinks China Manufacturing Under Pressure from Smart Phones

Nikon China announced it will close Nikon Imaging (China) Co, Ltd, ending one of its manufacturing operations in China.

McDonald’s Assumes New ‘Golden Arches’ Name in China

McDonald’s name change became an online joke after its announcement on October 25. Records from the Administration of Industry and Commerce show McDonald’s changed its Chinese business name to “Golden Arches (China) Co. Ltd” on October 12.

Airbnb China President of Four Months Resigns

Ge Hong, Airbnb’s global vice president and China president, has resigned. The company said Xiao Jinhong will take the role until a suitable replacement can be found. The news follows an announcement that Airbnb co-founder Nathan Blecharcwyk would assume the position as China president.

Tesla Technician Junli Gu Leaves for Xiaopeng Motors

Xiaopeng Motors announced that Junli Gu, former lead technician of Tesla’s autopilot machine learning, will join Xiaopeng Motors as vice president of autopilot research and development. Gu’s new role will report directly to He Xiaopeng, the company president.

The Chinese Subway Made its Way to the U.S

In 1863, Aisin Gioro Zaichun had just ascended the throne. In London, the world’s first subway system as long as 4.8-kilometer began its operation in the same year. More than one hundred years later (1965), the Beijing metro line 1, China’s first subway line, just began its construction.

Tesla recalls 2277 Model X Cars for Security Concern of Seats in China

On October 19, official web of China’s General Administration of Quality Supervision shows Tesla Motors Sales (Beijing) Co. Ltd. announced to recall certain imported Model X cars and 2277 cars in mainland China are involved.

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