Weibo-owner Sina Gets $41 per Share Bid from CEO-controlled company New Wave
Sina Corp. said on Monday it had received a preliminary non-binding go-private offer of $41 per share in cash from New Wave MMXV Limited.
7/7/20201 min read
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China's Mainstream Video Platforms Cancel Option to Fast Track Episodes
Three mainstream long-video platforms in China, iQiyi, Tencent Video and Youku, announced on Monday the cancellation of their option to fast track dramas.
10/4/20212 min read
Realme 9i 5G Smartphone to Be Released in India August 18
Chinese smartphone manufacturer realme said on August 5 that it would release the 5G version of its realme 9i smartphone at 11:30 am on August 18.
Xiaomi May Aim for IPO in later 2018, Lei Jun Values Business at $200B
Xiaomi Chairman Lei Jun reportedly contacted an investment bank in November 2017 about a potential public listing of the company in the second half of 2018. Lei...
Nintendo, Microsoft, and Sony Write Joint Letter to Warn Trump of Tariff Impact on China
Sony, Microsoft, and Nintendo have written a joint letter to the Trump administration, warning the government that its impending tariffs on Chinese goods will dramatically harm the video game industry and its employees.
6/27/20192 min read
Foxconn Production Base in India to Ship iPhone 14 Simultaneously With China
Ming-Chi Kuo, an analyst at TF International Securities, tweeted on August 5 that according to his latest survey, Foxconn's iPhone production site in India will ship the new iPhone 14 this year almost simultaneously with China for the first time.
China-Made C919 Airliner Debuts at Air Show
C919, China's first homemade passenger airplane, has made its debut at the 14th China International Aviation and Aerospace Exhibition, which opened on November 8 in the southern city of Zhuhai.
11/8/20223 min read
JD Logistics Announces Acquisition of 66.49% Share in Deppon
JD Logistics announced that it will acquire 99.99% equity in Ningbo Meishan Baoshui Area Deppon Investment Holding Company Limited for 8.976 billion yuan, accounting for a 66.49% stake in Shanghai-listed Deppon Logistics.
3/14/20223 min read
AI Chipmaker Axera Secures "Hundreds of Millions of Yuan" in Series A+ Financing, Led by Meituan
Chinese AI vision chip maker Axera announced it has secured hundreds of millions in Chinese yuan from a Series A+ funding round, led by Inno Chip and Meituan, followed by GGV Capital, Fengyuan Capital and others.
8/6/20212 min read
Bosch China Responds to Global Layoffs: Not Affecting China Region
BOSCH China responds to global layoffs: This round of layoffs does not involve the Chinese region.
Li Auto Had Already Initiated AI Language Model Training Prior to the Debut of ChatGPT
On June 19th, Li Auto's official WeChat account "You Ge Li Xiang" released an article introducing the company's development in the field of AI large language models. Chen Wei, head of Li Auto's spatial algorithm team, stated: "We had already started training for the entire large language model before ChatGPT was introduced.
6/20/20232 min read
Chinese Online Literature Steps Into Overseas Market With AI Translation
During the third conference of online literature in Beijing from Aug. 9 to 11, the AI translation system of funstory.ai took the breaths of foreign readers away with its capabilities of monitoring, capturing, translating and publishing copyrighted Chinese novels.
8/13/20193 min read