US Chip Firm Marvell Cuts R&D Staff in Shanghai and Chengdu
American chip designer Marvell is cutting some R&D roles for its operations in China. The firm did not specify how many employees would be affected by the cuts.
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Meituan and Ele.me to Strictly Forbid Inducing or Forcing Delivery Riders to Register Individual Industrial and Commercial Households
Rumors have spread concerning food delivery platforms requiring their riders to register as individual industrial and commercial households, so as to avoid a responsibility that companies should bear. Meituan and Ele.me responded.
9/15/20213 min read
CATL Debuts Shenxing Battery in Europe: 10-Minute Charge, 400-Kilometer Range
CATL unveils the Shenxing ultra-fast charging battery in Europe: 10-minute charge, 400-kilometer range.
System Optimization Software Company Ludashi Lists in Hong Kong, Shares Soar 104% Within a Day
Ludashi (lit. Master Lu), a computer system optimization and security firm recently spun off by the Chinese Internet conglomerate Qihoo 360, went public in Hong Kong on October 9.
10/10/20192 min read
NIO, XPeng and Li Auto Make Further Chipmaking Progress
A group of China's top new energy vehicle makers including NIO, XPeng Motors and Li Auto have all been researching the development of their own automated driving chips.
10/9/20224 min read
IQIYI's VR Company in Crisis: Employees Demand CEO Gong Yu for Salaries
IQIYI's VR Company Faces Imminent 'Shutdown' Amid Salary Dispute; Employees Turn to CEO Gong Yu for Answers.
Tencent Sues OPPO Again for Unfair Competition
Chinese tech giant Tencent had added a new court notice. The firm is attempting to sue three companies, including OPPO, for unfair competition.
10/12/20223 min read
Online Used Car Dealer Uxin Receives New Financing of $100M
Uxin Limited, an online used car trading platform based in China, announced on Monday that its existing shareholders Nio Capital and Joy Capital have signed a binding letter of intent for investment in the company.
5/17/20222 min read
BYD Announces Two Versions of Han EV, Release on April 10
Chinese EV maker BYD announced its new Han EV Genesis Version on Wednesday. The new vehicle will be launched together with the Han EV Jade Green Limited Version on April 10.
4/7/20222 min read
Bitcoin Plunges After China Issues New Bans on Cryptocurrency Transactions
Prices of bitcoin and other cryptocurrencies tumbled on Wednesday after the Chinese government imposed fresh curbs on banks' use of digital money, further fueling concerns sparked by tweets of Tesla CEO Elon Musk.
5/20/20213 min read
OPPO Find X8 Will Be Released on October 21 at the Earliest
A blogger revealed that the OPPO Find X8 phone will be released as soon as October 21, along with new products such as the OPPO Pad 3 Pro and OPPO Enco X3.
Tencent's WeChat Pay Cooperates with Unionpay QuickPass and 10 Banks
11 institutions' apps including Unionpay QuickPass, Industrial and Commercial Bank of China, China Construction Bank, and Bank of China have all been promoting cooperation with Tencent's WeChat Pay.
11/15/20211 min read