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ASML: Upgrading and Expanding the Beijing Local Maintenance Center

ASML responded that they are not planning to establish a new local maintenance center in Beijing by 2025, but will instead upgrade and expand the existing facility this year.

Data Infrastructure Developer Timeplus Secures Seed-Round Financing

TimePlus, a real-time data analysis infrastructure platform with streaming data as the core, announced on July 8 its completion of seed-round financing led by GL Ventures.

Analysis of China's Passenger Car Market in December 2021

On Tuesday, the China Passenger Car Association (CPCA) released a  report on the country's passenger car market for the month of December 2021.

Crypto Incubator and Advisor PANONY Secures Round-A Funding

Blockchain-focused incubator, investor and adviser PANONY has closed a Series A funding round backed by NGC Ventures, one of Asia's largest crypto investment firms, boosting it to a valuation of $100 million.

Goertek Microelectronics Plans Listing on SZSE ChiNext Board

Goertek Microelectronics Co., Ltd., a manufacturer of Micro-Electro-Mechanical Systems (MEMS) products, will be listed independently on the ChiNext Board of the Shenzhen Stock Exchange.

Charlie Munger Nearly Doubles Stake in Chinese Internet Giant Alibaba

Daily Journal Corp, the newspaper and software company owned by Charlie Munger, a close business partner of Warren Buffett, disclosed on Wednesday that it had increased its stake in Alibaba in the US stock market.

Alipay Raises Transaction Limits for Foreigners: Up to $5000 Per Transaction

Alipay increases transaction limits for foreigners: the maximum single transaction limit is $5000, and the annual transaction limit is $50,000.

Tim Cook: Coronavirus Stands as a Challenge for Apple

Tim Cook said at the annual shareholder meeting that the new coronavirus presents a significant challenge for Apple company.

ByteDance Restructures Gaming Business, Emphasizes Stability

ByteDance announced on Thursday that after strategic positioning adjustments, its gaming business will return to the incubation stage.

How US and Chinese Tech Giants React Differently to the COVID-19 Outbreak

The COVID-19 crisis is not just a battle in China, but a global challenge. As the disease spreads, we see tech companies around the world taking initiatives to combat COVID-19.

XPeng P7's Valet Parking Assist (VPA) - One Step Closer to Fully Autonomous Parking

Faraday Future Announces the Price of FF 91 2.0 Futurist

On May 31st, Faraday Future (FF) announced the price of its first model FF 91 2.0 Futurist Alliance (2.0 refers to an updated version): $309,000 USD, about RMB 2.2 million.