Xiaomi Among Nine More Firms US Adds to Chinese Military Blacklist
The Trump administration on Thursday added nine Chinese firms to government blacklists of companies that it says have ties to the Chinese military.
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Brazilian AgTech Firm Agrotools Finalizes $21M Funding Round
Agrotools, a leading technology and intelligence company for agribusiness, on June 6 announced that it has raised $21 million through an investment program initiated in 2020, focused on the company's expansion.
6/7/20222 min read
Faraday Future Announces the Sale of Its Property in North Las Vegas for $40 million
Faraday Future (FF) announced on Mar. 13 that it has decided to sell 900 acres of land in North Las Vegas, Nevada for $40 million.
3/14/20192 min read
Xiaomi Q3 Revenue Reaches $12.22 Billion, a Year-on-year Increase of 8.2%
Xiaomi released its financial report for the third quarter of 2021 on Tuesday. Its revenue reached 78.06 billion yuan ($12.22 billion), up 8.2% year-on-year.
11/23/20213 min read
Tesla's Shanghai Gigafactory Achieves 90% Localization of Supply Chain, To Produce Half a Million Vehicles This Year
Tao Lin, Vice President of Tesla Global, said in an interview that Tesla's Shanghai Gigafactory can achieve the goal of producing 500,000 vehicles this year.
12/1/20212 min read
Xpeng Launches First Right-Hand Drive G6 in the UK with Pre-Sales Starting at £39,990
On February 12, Chinese electric vehicle manufacturer Xpeng Motors kicked off pre-sales in the UK for its first right-hand drive model, the Xpeng G6, a smart all-electric mid-size coupe SUV.
2/14/20252 min read
Xiaomi Invests in VR Company Co-founded by Movie Director Zhang Yimou
According to Tianyancha App, Sky Limit Entertainment, a VR company co-founded by Chinese film director Zhang Yimou, has added Xiaomi's affiliated company, Hanxing Venture Capital Co., Ltd. as shareholders.
12/2/20211 min read
Futu Holdings' Q3 Revenue Increases by 83% YoY, Global Users Reach 16.6 Million
Futu Holdings, an online brokerage and wealth management platform, on Wednesday announced its unaudited financial results for the third quarter ended September 30, 2021.
11/25/20213 min read
Coffee Unicorn Manner Accelerates Expansion
Manner Coffee, a Shanghai-based coffee chain, announced on Tuesday that it will open more than 200 new cafes in 10 cities in China.
3/2/20222 min read
OPPO Establishes Intelligent Devices Business Group for 5G Deployment
On Jan. 14, OPPO announced the establishment of the Intelligent Devices Business Group and appointed Bobee Liu (the previous chief procurement office of OPPO), as deputy president of OPPO and president of the Intelligent Devices Business Group.
OPPO Introduces New 5G Flagship Find X2 Series with Great Screen & Outstanding Cameras
The Shenzhen-based smartphone maker OPPO unveiled two new gadgets the Find X2 and the Find X2 Pro, both part of its flagship Find X series.
3/6/20203 min read
Li Auto's L9 Test Car Suspected of Air Suspension Breakage
The latest flagship L9 SUV from Chinese new energy vehicle firm Li Auto has not yet been delivered, but its test cars have apparently been exposed to hardware problems, triggering hot debate among web users and questions from industry insiders.
7/18/20223 min read