Huawei Will Never Sell Its Smartphone Business: Founder Ren Zhengfei
Huawei CEO Ren Zhengfei responded to a series of hotspot issues about the company, including whether to sell its terminal business.
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Huawei's Car-Making Partner Sokon Group to Be Renamed Seres Group
Huawei's car-making partner Chongqing Sokon Group announced on July 11 that it has submitted a proposal to change the company's name to Seres Group Co., Ltd. Seres is a new energy vehicle brand owned by Sokon.
7/12/20223 min read
Atrophy of Chinese State-Owned Enterprises: Loss of Talents Seems Inevitable
Could the absence of one person lag China’s progress to reach the moon? According to a story posted by Zhang Xiaoping, he shoulders a crucial role for China’s m...
10/3/20185 min read
Joseph Tsai Officially Becomes the Chairman of Alibaba
On September 10th, Joseph Tsai has taken over as Chairman of Alibaba, while Eddie Wu assumes the role of CEO.
ByteDance's Infinity Framework Redefines Text-to-Image Synthesis with Record-Breaking Efficiency and Quality
Chinese tech company ByteDance's research team published a paper on ArXiv on December 5th, 2024, introducing a new framework called Infinity, aimed at improving the efficiency and quality of text-to-image synthesis.
1/3/20252 min read
At the Right Place, At the Right Time: How Baidu is Cementing its Position as a Leading AI Company
For two decades, Baidu Inc has been referred to as China’s Google. Now, investors, analysts, businesses and consumers alike are gradually realizing that it is much more than a search engine.
3/23/202110 min read
TikTok Plans to Enter E-Commerce Business in 2021 with Livestream Shopping
Chinese video-sharing social networking app TikTok was reportedly planning to enter the e-commerce business in 2021.
2/8/20212 min read
Huawei Responds to Former Employee Charged With Extortion
Huawei has responded to reports about Li Hongyuan, an ex-Huawei employee who was detained for 251 days under suspicion of extortion regarding the termination compensation he received from the company.
12/3/20192 min read
China Unicom Pilots 5G in 16 Cities, Commercialization to Commence in 2020
China Unicom has started 5G pilot projects in Chinese cities and will proceed with commercialization of the new communication technology in 2020. SEE ALSO: Chi...
6/26/20182 min read
SenseTime Shrinks Urban Security Unit, Increases Investment in Smart Cars
SenseTime, an AI company that listed on the Hong Kong Stock Exchange at the end of last year, has recently adjusted its core business unit related to smart cities and security technology, shrinking the division's team size by over 20%.
9/15/20223 min read
XPeng Motors Responds to Employee Stealing Trade Secrets from Ex-employer Apple
XPeng responded today to the case of a former Apple employee charged with stealing trade secrets in the U.S., claiming its close attention to intellectual prope...
7/11/20183 min read
China VC Weekly: Convenience Stores, AI and Alibaba’s New Fund
In this week’s VC news: Convenience store chain Bianlifeng and education firm Jianzhi Education prepare for US listings, Alibaba Group launches a new fund, and more.
7/16/20215 min read