manufacturing sector Archives - Page 2 of 4

ASML Surpasses 1,500 Employees in China

The Chinese division of ASML, a leading Dutch semiconductor equipment manufacturer, announced on September 2 that it employed more than 1,500 employees in the country as of the end of August.

Li Auto to Build Core Parts Industrial Park in Jiangsu

Li Auto, a Chinese new energy automobile enterprise, held a signing ceremony on August 17 to announce that it will build an international new energy automobile core parts industrial park in Changzhou, Jiangsu Province.

Great Wall Motor to Build Third-Generation Chip Module Base

Chinese automobile manufacturer Great Wall Motor announced on August 16 that it has signed a strategic cooperation contract with the Xishan Economic and Technological Development Zone in Jiangsu province.

Xiaomi Invests in Automobile Resistor Manufacturer GiantOhm

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.

Photoresist Firm Fuyang Sineva Bags 500M Yuan in Round-C Financing

Fuyang Sineva, a leading photoresist enterprise based in China, secured 500 million yuan ($74.2 million) in round-C financing on August 10.

Atech Completes Round A Financing

On August 2, Atech Automotive (Wuhu) Co., Ltd., an auto parts company, announced the recent completion of an A round of financing, though the amount was not been disclosed.

JHETECH Bags Tens of Millions of Yuan in Round-A++ Financing Led by Xiaomi

JHETECH, a Shanghai-based automotive LED module provider, announced on July 22 that it has completed an A++ round of financing totaling tens of millions of yuan. The investment was led by Xiaomi.

Hoosun Completes Round D Financing

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.

Hisense Subsidiary Sanden Corporation Wins Five-Year Order From Tesla

Insiders of Chinese home appliance company Hisense revealed that its subsidiary Sanden Corporation (US) had recently received orders for two electric compressor projects from Tesla.

Xiaomi Producing Smartphones in Vietnam

Beijing-based consumer electronics company Xiaomi has started to produce smartphones in Vietnam.

OFilm’s Nanchang Subsidiary Removed From US Entity List

OFilm, a manufacturer of camera modules, issued a statement early on Wednesday that its Nanchang subsidiary was removed from the United States Entity List.

BMW’s New Factory in China Put into Operation

BMW Brilliance Plant Lydia, a newly built factory for the company in China, was officially put into operation on Thursday.

Hai Robotics Secures Over $100M in D+ Financing Round

Automation solutions provider Hai Robotics has announced that it received over $100 million in a D+ round of financing. The lead investor is Capital Today.

TCL CSOT India Achieves Mass Production in First Line of TV Open Cell

TCL China Star Optoelectronics Technology (TCL CSOT) announced on Wednesday that the first product of India CSOT’s TV Open Cell was completed at 11:00 a.m. on June 3, Beijing time. TCL CSOT India is the first Bonding-Assembly LCD panel module factory in India, as a strategic layout of TCL CSOT into the global market. It […]