China’s biggest smartphone maker Huawei reported a 2019 revenue growth of 19.1% year-on-year to around $122 billion on Tuesday.
China's biggest smartphone maker Huawei plans to boost its research and development (R&D) spending by $5.8 billon to more than $20 billon this year.
Chinese artificial intelligence (AI) firm Megvii, the firm behind well-known computer vision tech company Face++, has filed for a public listing in Hong Kong on Aug. 26 with Goldman Sachs, J.P. Morgan and Citibank serving as the underwriters.
On August 17th, Didi Chuxing (“DiDi”), the Chinese ride-sharing, AI and autonomous technology conglomerate, unveiled its latest AI R&D at the DiDi Tech Day in Beijing.
The Chinese character xīn (新) means ‘new’. Another character pronounced xīn (心) means ‘heart’ or ‘where the consciousness lies’.
On the evening of May 13, Xiaomi co-founder and CEO Lei Jun released an internal letter announcing the establishment of an independent camera department to strengthen R&D for smartphone cameras. Lei emphasized that camera functions have become a decisive factor for smartphone purchases among many consumers.
On March 30, Huawei officially released its 2017 annual report. The report shows that the Huawei's operator business achieved 297.8 billion yuan ($46.6 billion) in sales revenue, an increase of 2.5 percent year-over-year.
On October 15, the low application rate of scientific and technological results has troubled innovation in research and development institutions for a while. Before 2015, if research team brought their scientific achievements to company, the research team could have about 30% of the equity.