Showing 12 of 63 posts with this tag
On August 10, GiantOhm, an automobile resistor manufacturer, adding as a shareholder Beijing Xiaomi Zhizao Equity Investment Fund Partnership (Limited Partnership), a company associated with Xiaomi Group.
Chinese electronics company TCL Technology on Thursday released its estimated performance for the first three quarters of 2021.
Mooma AI Technology, a Shanghai-based industrial robotics startup, announced Thursday the completion of a pre-A round of financing worth tens of millions of yuan, following exclusive investment from Vitalbridge.
Yeelight, an intelligent lighting company, announced the completion of the round E financing worth 300 million yuan (about $47.1 million).
Hoosun, an intelligent device R&D firm, announced on July 12 that it had completed a round D of financing worth several hundred million yuan.
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.
Liu Jincheng, the chairman of leading Chinese battery firm EVE Energy, predicted that there will be overcapacity across the whole battery chain in 2024 at the latest, and only battery products with high quality and low cost will be spared.
Although residents' electricity consumption has not been affected, some industrial enterprises and manufacturers have stopped working due to the recent power rationing, including many key suppliers of Apple.
According to a report released by SEMI, the global sales of semiconductor manufacturing equipment surged in 2021, increasing by 44% from $71.2 billion in 2020.
Youibot Robotics, a Chinese industrial mobile robot company, announced on Tuesday that it has recently completed Series B financing, with a total amount exceeding 300 million yuan ($47 million).
Mobile robot manufacturer Beijing J-Elephant Technology Co., Ltd. announced on Wednesday that it has secured nearly 100 million yuan ($15.2 million) in angel and pre-A financing rounds.
Chinese Industrial AI Firm GT AI has obtained several hundred million yuan in C-round financing. The lead investor was GS Capital, while existing shareholders Qualcomm Ventures and Broad Vision Funds also contributed.