NetEase Cloud Music Raises Over $600 Million
NetEase, one of China’s top internet and online game services providers, announced on Nov. 12 that NetEase Cloud Music, the company's music streaming platform, ...
11/13/20182 min read
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Cellphone Recycling Is Becoming a Lucrative Business
The popularity of full-screen smartphones in second half of this year has stirred up excitement among quite a few phone users. While buying a new smartphone, ho...
10/23/20178 min read
XPeng Releases Latest Generation of Ultra-Fast Charging Piles
On August 15, XPeng Motors held a launch event at which it announced that it had put the 1,000th self-operated charging station into operation, which is the first station to be equipped with the latest generation of ultra-fast charging pile in China.
8/15/20223 min read
TuSimple Announces Restructuring and Layoffs for 25% of Employees
TuSimple, an autonomous driving technology company, has announced a restructuring plan which will impact approximately 350 of its employees, or 25% of the workforce, while 80% of the remaining approximately 1,100 employees are in R&D functions.
12/22/20223 min read
Xpeng CEO He Xiaopeng: Confident in Becoming One of China's Earliest L3 Robot Mass Producers
He Xiaopeng, Xpeng's founder, stated that Xpeng is expected to become one of the earliest manufacturers in China to achieve mass production of L3 robots.
2/25/20253 min read
China retaliates against the Sino-US trade war provoked by Trump
Early this morning, U.S. President Trump signed a presidential memorandum to impose punitive tariffs on $60 billion of Chinese imports to punish "China's theft ...
Chinese Radio Telescope FAST Has Discovered 500 Pulsars
On Wednesday, the Chinese Academy of Sciences held a press conference to provide updates on the operation of the country's Five-hundred-meter Aperture Spherical radio Telescope (FAST), and to discuss a series of its important scientific achievements.
1/6/20223 min read
Huawei Developing Advanced Vision Headset with In-House Chip and 4K Micro-OLED Screen
Huawei is said to be developing a new Vision headset, priced at around 15,000 yuan, featuring an in-house chip for near-zero latency in spatial operations.
2/11/20242 min read
Meituan Co-Founder’s AI Startup to Acquire OneFlow Technology
Amidst the ChatGPT frenzy this year, China's artificial intelligence (AI) market witnessed its first acquisition. Lightyear Technology, an AI company founded by Wang Huiwen, the co-founder of Meituan, will acquire Beijing OneFlow Technology, an AI architecture startup.
Tesla Shanghai Factory Ready for Production
On the morning of October 24, Tesla released the Q3 financial report for 2019. It shows that its profits reached $143 million, with the company’s per car revenue rate increasing by 22.8%.
10/24/20192 min read
OPPO Reno 8 Lite 5G Smartphone Launched in Spain
The OPPO Reno 8 Lite 5G smartphone was released in Spain on June 3. The model only offers 8GB of RAM and 128GB of storage.
6/6/20222 min read
Lenovo Reportedly to Cut Legion Gaming Smartphone Business
Gaming smartphones are having a hard time at present. Lenovo's smartphone brand Legion is reported to be completely abolished.
3/23/20233 min read