Bilibili Tests "UPowerchain" to Start Metaverse Business
Chinese video streaming platform Bilibili is testing its "UPowerchain" related to the firm's Metaverse business.
12/6/20213 min read
Category: Industry
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Chinese Cybersecurity Giant 360 to Cooperate with NETA Auto to Make Electric Cars
Chinese Internet security giant 360 announced on Tuesday a new partnership with NETA Auto, suggesting they will follow the philosophy of “making cars for the people”.
Huawei HiSilicon to Sell 4G Communication Chip Balong 711
Recently, Huawei's chip company HiSilicon (Shanghai) Technology Co., Ltd. announced it will sell its 4G communication IoT chip - the Huawei Hisilicon LTE Cat4 platform Balong 711 for the first time.
Huawei to Sell Out Its Honor Phone Business Amid US Sanctions
Huawei announced Tuesday it is selling its budget brand Honor to ensure its survival. Huawei will no longer have ownership of the brand or be involved in any decision-making after the sale is completed.
Breaking Ground! Tesla's Shanghai Gigafactory 3 to Finish Initial Construction This Summer
“Looking forward to breaking ground on the @Tesla Shanghai Gigafactory today!” tweeted Tesla CEO Elon Musk.
1/7/20193 min read
Alibaba Unveils New Smart Manufacturing Platform
Alibaba Group Holding Ltd. on Wednesday revealed its New Manufacturing model for the first time with the unveiling of Xunxi Digital Factory (“Xunxi”).
9/16/20204 min read
Lithium Batteries Rise 5-15%, Price Hikes May Continue Until 2023
Battery module factories have been notified that the prices of cylindrical lithium battery cells will rise again by 5%-15% early next year due to the rising downstream demand for electric vehicles and energy storage.
12/6/20213 min read
Dingdong Maicai Slashes IPO by 70% While MissFresh Stocks Plummets on Nasdaq Debut
According to JIEMIAN.COM, Dingdong Maicai, a Chinese fresh grocery app, downsized its initial public offering (IPO) in the US to a quarter of its planned target on Monday.
6/29/20212 min read
Google’s Play Store Removes TikTok Rival Kuaishou’s Zynn Following Reports of Plagiarism
Chinese TikTok-style video app Zynn has been removed from Google’s Play Store Tuesday amid accusations it has been stealing content from TikTok.
6/11/20202 min read
PICO Stops Burning Money for Expansion, Team Size Significantly Shrinks
ByteDance's VR business PICO is gradually shrinking its front line this year.
Intel to Cooperate with NIO ES8 to Test Driverless Taxis Next Year
Mobileye, a self-driving car chip company owned by Intel, will cooperate with Germany car rental firm Sixt and technology firm Moovit to launch a self-driving taxi service test in Munich, Germany in 2022.
Hillhouse Capital Setting Up Secondary Fund Team
Investment institution Hillhouse Capital has reportedly been seeking buyers for some of its projects. The firm has responded to the news, claiming that "secondary fund is our new strategy."
6/10/20223 min read