OPPO Advances Toward the UK Market
As OPPO opened a twitter account for the UK on Jan. 9, it's ready to open up the market while domestic competition intensifies.
1/10/20192 min read
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White Rhino Passes Key International Standards Test for L4 Autonomous Driving
Chinese technology firm White Rhino announced on Thursday that it has passed the first international safety standards test for L4 automated driving systems ("ISO 22737") in the presence of TÜV Rheinland.
3/18/20222 min read
High Flyer Responds to Rumors of Management Scale Shrinking to Over 10 Billion Yuan
Although the scale of the company's management has changed, it is still at the level of over 20 billion yuan, responded High Flyer regarding recent market rumors.
2/21/20252 min read
Douyin Tests New Layout to Stress E-Commerce, Downplay Social Features
Douyin, the Chinese mainland version of TikTok, has recently been testing a new homepage layout that emphasizes the "Mall" function. The tests indicate that it is weighing the importance of e-commerce and social features.
4/15/20223 min read
ECARX Completes Tape-Out for High-End 7nm Automotive Chip, Plans Mass Production Next Year
Geely-backed ECARX Technology announced that it had successively taped-out its 7nm intelligent cockpit chip DragonHawk 1, which had been designed by SiEngine Technology, and is a first in the country.
11/10/20213 min read
Redmi to Launch K50 Series
On Monday, William Lu, Xiaomi Partner and General Manager of Redmi, said on Weibo that "the Redmi K40 has entered the delisting stage in anticipation of the launch of the K50 series."
2/7/20222 min read
Following Tesla, XPeng Reduces EV Prices by up to $5,312
Following similar moves by Tesla China and Huawei-backed AITO, Guangzhou-based electric vehicle firm XPeng has announced a price reduction plan.
1/17/20233 min read
ByteDance Launches Large Model Product "ChitChop"
TikTok's mother company recently launched a large-scale product called "ChitChop".
11/29/20232 min read
Bytedance Reportedly Buys Pico for 5 Billion Yuan
TikTok’s parent company Bytedance is rumored to have invested 5 billion yuan ($771 million) in acquiring Chinese VR hardware maker Pico.
8/26/20211 min read
Shengqu Games Signs Distribution Agreement with Tencent
Zhejiang Century Huatong Group announced on Tuesday that Shengqu Games, a wholly-owned subsidiary, signed a three-year agreement with Tencent on Monday.
11/30/20212 min read
Chinese-Based Firms Confirm Minimal Exposure to Silicon Valley Bank
The recent shutdown of Silicon Valley Bank (SVB) by regulators marks the largest bank failure in the United States since 2008. Several Chinese Hong Kong-listed companies have sought to reassure investors by stating that their cash deposits in SVB were not significant.
3/13/20234 min read
Board Director of Huawei: China's 5G Penetration Rate Crosses Critical Point of 20%
Ryan Ding, Executive Director of the Board of Huawei and President of the Carrier Business Group, said that the penetration rate of 5G users in China, South Korea, Kuwait and other countries has crossed the critical point of 20%.
10/14/20212 min read