Pandaily's Digest #20211117
Recruitment in China's internet industry declines, Huawei to issue licenses for smartphone design to third parties, Dolby Atmos surround sound to be in all NIO ET7s, NetEase restarts IPO, and more.
As Recruitment Declines, China’s Internet Giants Learn to Slow Down
Amid a shifting economic and regulatory environment, China’s internet giants have in recent months begun to slow their once relentless efforts at expansion – perhaps signalling the end of an era.
Huawei to Authorize Smartphone Design for Third-Party Brands to Bypass U.S. Sanctions, Sources Say
On Monday, Bloomberg quoted individuals familiar with the matter as saying that Huawei is planning to license its mobile smartphone design to some third-party brands as a result of U.S. sanctions. Other brands therefore can obtain the key components needed to manufacture smartphones based on Huawei’s design.
Dolby Atmos Surround Sound to Come as Standard in All NIO ET7s
On Tuesday, Shanghai-based automobile manufacturer NIO announced a new cooperation agreement with Dolby Laboratories. The electric sedan model NIO ET7 will come with Dolby Atmos surround sound technology, bringing customers a premium in-car listening experience through its 7.1.4 immersion sound system.
NetEase Cloud Music Restarts IPO and Uploads New Data Set
On Tuesday, the Hong Kong Stock Exchange’s website showed that NetEase Cloud Music has uploaded a brand-new post-hearing data set, and its co-sponsors for the listing are BoFA Securities, CICC and Credit Suisse AG.
Global Youths Showcase How to Harness AI for Sustainable Development During Tsinghua University and UNDP Event
The inaugural year of a six-month artificial intelligence and sustainability-themed youth boot camp, organized by the Institute for AI International Governance of Tsinghua University (I-AIIG) with support from the United Nations Development Programme (UNDP), culminated with an online competition between finalists on Tuesday evening.
AutoX Now Operates China’s Largest Fully Driverless Robotaxi Service Area Covering 65 Square Miles of Shenzhen
Alibaba-backed autonomous driving firm AutoX now operates China’s largest service area for fully driverless Robotaxis, spanning 65 square miles of Shenzhen, China’s leading tech hub located in the southern province of Guangdong. Able to navigate all the public roads in the city’s Pingshan District, AutoX has become the first Robotaxi service to cover an entire district of a Chinese megalopolis.
Tesla Has 8,000 Super Charging Piles in Chinese Mainland, Covering 360 Cities
The official Weibo account of Tesla’s China Charging Team announced on Tuesday that, as of today, the company has built and opened over 1,000 super charging stations and over 8,000 super charging piles in the Chinese mainland, covering over 360 cities in China.
Dingdong Maicai Reports Q3 Revenue of $960.6 Million, a YoY Increase of 111%
Dingdong Maicai, a fresh produce e-commerce brand listed in U.S., released its financial report for the third quarter of 2021 on Monday, showing total revenue of 6.2 billion yuan ($960.6 million) during the period, an increase of 111% compared with the 2.93 billion yuan recorded in the same period of 2020.
DJI Launches Agricultural Drones T40 and T20P
At a Monday press conference themed “To Cultivators,” Chinese drone firm DJI officially released two new agricultural drones, the T40 and T20P, both of which feature a brand-new fuselage and are optimized for application scenarios such as spreading fertilizer and spraying fruit trees.
Sources: Approval of Game Registration Numbers May Resume Soon, Necessary for Game Publishing
On November 16, 21st Century Business Herald quoted several insiders at game companies saying that the approval of game registration numbers may be resumed soon. The latest list of approved domestic online game registration numbers was released by China’s National Press and Publication Administration on July 22.
