Chinese Manufacturers Archives

Xi Jinping Announces Full Removal of Restrictions on Foreign Investment in Manufacturing Sector

On the opening ceremony of the 3rd Belt and Road Summit being held in Beijing today, Chinese President Xi Jinping stated that China will lift all restrictions on foreign investment access in the manufacturing sector.

GoerTek and Other Apple Suppliers Actively Explore Second Business Growth Point

OFilm, AAC Technologies, Lens Technology, Compal, GoerTek, and others, have made great achievements because they entered Apple's supply chain. However, once out of the chain, enterprises are often abandoned by the stock market.

GoerTek Loses Apple’s AirPods Pro 2 Order Due to Quality Problems

GoerTek, a China-based Apple supplier, has lost a major order to produce AirPods Pro 2. Ming-Chi Kuo, an analyst at TF International Securities, wrote on November 9 that this development is most likely due to production issues rather than demand issues.

UGREEN Gearing Up for IPO on ChiNext

UGREEN, a Shenzhen-based consumer electronics company, submitted a prospectus to the Shenzhen Stock Exchange on June 2 as it plans to carry out an IPO on the ChiNext.

Factory Automation Company Tianjin ANT-FA Bags Several Hundred Million Yuan in Financing

A&T Precision Machinery Co., Ltd. (Tianjin ANT-FA), a comprehensive supplier of factory automation (FA) products, announced on Thursday its completion of round-B financing worth several hundred million yuan.

Wenext Secures B Round Financing Worth $55 Million, Cathay Capital Private Equity and Temasek Jointly Lead Investment

Wenext, a Chinese digital additive manufacturing solution provider, officially announced the completion of round B financing totaling $55 million.

OFilm Claims Power Shortages Have No Major Impact on Production and Operations

OFilm responded to issues related to power outages at an investor interaction platform last Friday, saying that it has no great impact on the company's production and operations at present.

BOE Technology Group Responds to Buzz Surrounding its Supplying Premium Displays for iPhone 13

Chinese display panel manufacturer BOE has been reportedly listed as a supplier of high-end displays for the new iPhone 13, citing several people familiar with the matter.

Tesla’s Shanghai Factory Releases Video of Robotic Production Line

Tesla released an official video showcasing the capacity of its Giga Shanghai factory with footage of robots working on the production line with almost no human oversight.

Alibaba’s Taobao Moves to C2M Plan to Create 10 Billion Orders for Factories in China

Chinese e-commerce giant Alibaba Group's Taobao launched its consumer-to-manufacturer (C2M) system to bring 10 billion orders across China over the next three years.

Service Robot Maker Keenon Robotics Raises RMB 200M in B Round of Financing

Shanghai-based service robot manufacturer Keenon Robotics announced that it had completed its B round of financing at the end of 2019.

DJI Supplies 150 Drones To Finnish Defense Forces

China's drone manufacturer DJI will provide the Finnish Defense Forces with unmanned aerial vehicles, according to local media.

Are Chinese Manufacturers Able to Earn Money in U.S. Handset Market?

The global smartphone market was saturated in 2017. China’s handset market plunged more than 10 percent and many Chinese mobile phone manufacturers, including Huawei and Xiaomi, are preparing to excavate the gold from the US market.

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