Industry Archives - Page 14 of 316

Geely Galaxy E8: All-Electric Mid-Size Sedan Spotted, Launching Soon

Geely Galaxy E8 spy photos exposed: positioned as a pure electric mid-sized sedan, deliveries to begin within the year.

Xingji Meizu Responds to the Termination of Self-developed Chip Business

On August 8th, Xingji Meizu responded this afternoon to the news regarding the "Xingji Meizu's adjustment of chip business and optimization for fresh graduates."

Battery Giant Patent War: CATL Plans Administrative Litigation, CALB Crisis Unresolved?

CALB announced on August 3rd that, in response to the intellectual property infringement lawsuit filed by CATL against CALB regarding positive electrode slices, batteries, and lithium-ion battery invention patents, both of the patents involved in the lawsuit have been declared completely invalid by the National Intellectual Property Office.

Huawei Releases HarmonyOS 4

On August 4th, Huawei released HarmonyOS 4, which includes added features such as personalized space, various productivity tools, and an AI assistant for smartphones called "Xiao Yi" with significantly improved intelligence.

Alibaba Cloud Open Sources Tongyi Qianwen with 7 Billion Parameter Model

August 3rd news, today Alibaba Cloud open-sourced the Qwen-7B and Qwen-7B-Chat models with a total of 7 billion parameters. Both models are general-purpose and conversational models, and they are open-source, free, and available for commercial use.

Tencent Is Developing A Social App Called M8

On August 2nd, Tencent is internally developing a social app called "M8", created by the QQ team. It is positioned as a map-based virtual social product, targeting young people in the social networking field. This product may begin external testing in August.

PICO Announces VR Interactive Storytelling Work Based on “The Three-Body Problem”

News on July 29th, PICO, together with Douyin Games and Xigua Video, participated in ChinaJoy and released a promotional poster for the VR interactive storytelling work "The Three-Body Problem".

Several Key Members from OPPO’s ZEKU Team Joins Momenta

The chip design team ZEKU, under OPPO, has been disbanded for 2 months now. According to several informed sources, more than a dozen management members of ZEKU have recently joined the autonomous driving company Momenta.

SUNWODA Subsidiary to Go Public Independently, Values at $4.9 Billion

On July 15th, Sunwoda released a proposal regarding the spin-off of its subsidiary, Sunwoda EVB, for listing on the ChiNext board of the Shenzhen Stock Exchange.

Tesla’s Gigafactory Shanghai Employee Performance Bonuses May Increase by 1.5 Times

On July 18th, it was reported that several employees of Tesla's Gigafactory Shanghai, recently received a significant increase in their performance bonuses for the second quarter of 2023. The bonus amount reached 1.5 times their monthly base salary.

Ctrip Releases Vertical Large-scale Model “Ctrip Wendao”

On July 17th, Ctrip held a press conference in Shanghai and officially launched its vertical large-scale model product "Ctrip Wendao". According to James Liang, Chairman of the Board of Directors of Trip.com Group, Ctrip Wendao is the first vertical large-scale model developed by Ctrip itself in the tourism industry, with model parameters exceeding billions.

Keep Lists on The Stock Exchange of Hong Kong with A Market Capitalization of $2 Billion

On July 12th, Keep, the first sports technology company, officially listed on The Stock Exchange of Hong Kong with the stock code "3650".

Tencent and Changan Automobile Sign A Agreement for Further Strategic Cooperation

On July 11th, Changan Automobile and Tencent signed a strategic cooperation agreement in Chongqing, China. Building upon their previous collaboration, the two parties will strengthen cooperation in multiple areas such as intelligent cockpit, navigation and maps, autonomous driving, overseas ecosystem, and corporate digital transformation.

CAAM Removes Clause About Car Companies Not Engaging in “Price Wars”

On the 8th, China Association of Automobile Manufacturers issued a statement on its official website stating that the previous commitment letter's mention of "disrupting market fair competition order with abnormal prices" involving "prices" was expressed improperly. Therefore, this clause has been removed from the commitment letter.

Tencent’s Audio Platform QQ FM Announces Its Shutdown

On July 5th, Tencent's audio platform QQ FM announced its shutdown. Due to business adjustments, starting from today, QQ FM will close user registration and recharge functions. It will officially cease operations on September 6th, 2023 at 00:00.

TikTok Undergoes Business Adjustments, Ramping up E-commerce Efforts

TikTok's e-commerce business has undergone business adjustments in the past few months. Notably, the platform has introduced a new model for its e-commerce project codenamed Project S. In simple terms, Project S operates with a full custody model. Under the model, merchants are only responsible for supplying goods, while the platform covers operations and fulfillment.

Breton’s Push to Restrict Huawei and Chinese Companies Jeopardizes Global Cooperation in Tech

At its core, addressing the challenges of technological decoupling demands global cooperation, as the consequences of barriers will impact all stakeholders involved.

Huawei Sabrina Meng: It Is Expected that There Will Be 5 Billion 5G Connections Worldwide by 2030

At the opening day of MWC Shanghai 2023 today, Sabrina Meng, Huawei's Rotating Chairwoman and CFO, gave a keynote titled "Embracing 5G transformation".

JD Logistics Announces Leadership Change: Hu Wei to Replace Yu Rui as CEO

JD Logistics announced that CEO Yu Rui is stepping down from his role as executive director, CEO, and authorized representative due to personal health reasons. The former CEO of JD.com's product development division, Hu Wei, will take over as the new CEO of JD Logistics.

Meituan Co-founder and AI Startup Founder Wang Huiwen Steps Down Due to Health Issues

Wang Huiwen, the co-founder of Meituan, China's leading e-commerce platform for services, has stepped down from the company's board of directors due to health reasons.

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