Speculated Partnership Between Baidu and Tesla Gains Further Traction
Today, the General Manager of Baidu's Autonomous Driving Technology Department expressed interest in partnership with Tesla, confirming earlier speculations.
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Over $700M in Xiaomi Funds Unblocked by Indian Authorities
On August 19, Beijing-based Xiaomi announced its Q2 and H1 results for this year. In an earnings call, Xiaomi Group President Wang Xiang responded to the Indian tax investigation fiasco.
8/22/20223 min read
Winter Sport Craze Sweeps Internet in China
As the 2022 Beijing Winter Olympics and Paralympics (Beijing 2022) are approaching, skiing has become one of the top buzzwords that has swept along almost every social media platform in China.
1/21/20225 min read
Apple Sets up A New Company in Shanghai to Promote the Landing of AI Smartphones in China
Apple invests $35 million to establish a new company in Shanghai, promoting the landing of AI smartphones in China.
Xpeng Angers Customers By Launching Cheaper and Better Model Shortly After Previous Release
Xpeng car owners in multiple Chinese cities descended on company’s offices to defend their consumer rights. The cause of the owners’ distress is a new G3 model, that came just six months after the release of the previous version.
NIO Veteran Zhou Xin Takes Over Whole Vehicle Engineering
Danilo Teobaldi has stepped down as vice president of automotive engineering for NIO, transferring to become the firm's chief engineer in Europe. Meanwhile, Zhou Xin, NIO's Executive Vice President and Chairman of Product Committee, will take over the post.
1/19/20233 min read
ZTE Kicks off the Sale of 5G Phones in China
Chinese telecom equipment manufacturer ZTE started selling 5G smartphones on Aug. 5.
8/5/20192 min read
Xiaomi Confirms December 28 for Mi 11 Series Launch Date
The highly-anticipated Xiaomi Mi 11 series will launch on Dec. 28, a day earlier than rumored, the company confirmed on Monday.
12/22/20202 min read
Game Developer miHoYo May Soon Release New Product “Zenless Zone Zero”
Recently, some gamers had discovered that the official account of the new game Zenless Zone Zero developed by the Chinese game developer miHoYo has been registered on several online platforms.
5/7/20222 min read
BYD Responds to Stake Cut by BlackRock, World's Largest Asset Manager
World-leading asset manager BlackRock launched a reduction in BYD H shares, bringing its shareholding ratio from 6.21% to 5.85%.
10/19/20223 min read
Chinese Fund Terminates $1.4 Billion Takeover of Chip Maker Magnachip Due to US Blockage
Magnachip, a South Korean semiconductor company listed on the New York Stock Exchange, announced on Monday that its merger with Chinese private equity firm Wise Road Capital was officially terminated.
12/15/20213 min read
EV Startup Byton Raises $500 Million in Series B
Byton's global headquarters officially opened in Nanjing on June 11, and announced the successful completion of their Series B round financing of up to $500 mil...
6/11/20182 min read