NVIDIA Denies Supply Cut to Chinese Market
NVIDIA China denies the untrue rumors of cutting off supply to the Chinese market, and reiterates that China is an important market.
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Tencent Awards Shares Worth HK$166,000 to Over 20,000 Employees
Tencent Holdings Ltd. announced on Friday at the Hong Kong Stock Exchange (HKEx) that it would grant a total of 8,004,807 award shares to at least 22,800 staff members.
1/24/20222 min read
Beijing to Promote Improvement of Automobile Chip Supply
Yang Xudong, an officer of China's Ministry of Industry and Information Technology (MIIT), said that the government will aim to support the domestic automobile computer chip industry.
6/29/20222 min read
Global Drone Leader DJI Announces “Government Edition”
DJI, the global leader in drone technology, announced the release of its DJI Government Edition which is complete with the most secure and stringent security measures to protect drone data.
OPPO to Invest $1.43B in OnePlus Sub-Brand Over Next Three Years
Chinese smartphone manufacturer OPPO has decided to invest 10 billion yuan ($1.43 billion) in its sub-brand OnePlus.
12/16/20223 min read
Hello Inc. Completes 300 Million Carpooling Orders in Three Years
Chinese bike-sharing company Hello Inc. announced on Wednesday that since it piloted carpooling services in six cities including Hangzhou and Chengdu in January 2019, it has completed 300 million individual carpooling orders.
1/13/20222 min read
Taobao to Launch A Special Channel, Focusing on Cost-Effectiveness
Taobao, the e-commerce platform owned by Alibaba, has introduced a dedicated sales channel on its homepage for select users. This new channel is prominently displayed alongside Taobao Live in the most visible position on the homepage.
4/4/20232 min read
China-Made Jetliner C919 to Carry Passengers in March
As the 2023 Spring Festival wound down, China's first domestically-made large jetliner C919 took its first flight on January 28 from Shanghai Hongqiao International Airport to Nanchang Changbei International Airport in Jiangxi Province.
Lithium Battery Cathode Firm RT Advanced Materials Bags Round-D Financing
RT Advanced Materials, a developer of lithium battery cathode materials, has recently completed D-round financing, garnering over 5 billion yuan ($739.5 million).
7/21/20222 min read
Tencent Offers Urban and Rural Children 100 Classrooms and 100 Sports Grounds
Tencent announces on Wednesday that its gaming division and charity organization are jointly launching a public welfare program. The program will offer 100 classrooms and 100 sports fields for urban and rural children.
9/2/20212 min read
Universal Music to Cease Licensing Music to TikTok and Publicly Accuses the Platform; TikTok Responds
In its announcement, Universal Music accused TikTok of "trying to build a music-based business without paying a reasonable price for the music."
1/31/20243 min read
NIO Phone 2 Has Completed Development and Entered the Manufacturing Phase
NIO Chairman William Li confirmed that the NIO Phone 2 has completed development and entered the manufacturing phase.