Tesla aims for ‘designed in China' vehiclesThe US electric vehicle giant’s first overseas manufacturing plant in Shanghai, China has effectively lowered costs by as much as 65% for making the Model 3, according to local reports.January 16, 2020 by Cyrus Lee in Innovation
China’s tech industry is not green enough: ReportA number of leading Chinese tech companies have started utilising green energy but the scale remains limited compared to foreign peers, according to a recently released paper.January 12, 2020 by Cyrus Lee in Innovation
Xiaomi to invest $7.2 billion in 5G, AI, and IoT over five yearsXiaomi is facing stiff competition in its core smartphone business as other Chinese Android-makers, especially Huawei, continue to erode the market shares of smaller players.January 2, 2020 by Cyrus Lee in Mobility
Baidu ends huge subsidies on smart speakers amid price wars in ChinaIt follows years of leading Chinese smart speaker brands cutting the retail price by sometimes one-third as a tactic to grow market share.December 19, 2019 by Cyrus Lee in Innovation
Over 70% of Chinese citizens worry about data leaks through facial recognitionWhile nearly 40% of Chinese people said they prefer not to use facial recognition in their daily lives.December 12, 2019 by Cyrus Lee in Security
Thousands of Taiwanese chip experts moved to China for better pay: ReportsTech companies in China in certain cases is offering more than double the salary compared to Taiwan to lure Taiwanese chip experts to relocate and work in mainland China.December 4, 2019 by Cyrus Lee in Tech Industry
Xiaomi’s overseas gains contribute nearly 50% to overall revenueXiaomi is building on growth from overseas markets and non-device segments as smartphone sales and shipments both declined in the past quarter.November 28, 2019 by Cyrus Lee in 5G
Xiaomi to launch at least 10 5G smartphones in 2020Xiaomi’s 5G devices to be launched next year will cover all the price ranges as the company aims to fully accelerate 5G phones, according to company founder Lei Jun.November 20, 2019 by Cyrus Lee in 5G
Chinese Tesla challenger Xpeng raises $400M from investors including XiaomiThe funding will be used to back the upcoming launch of its electric P7 sedan.November 12, 2019 by Cyrus Lee in Mobility
China’s Didi Chuxing resumes Hitch services despite past controversyThe relaunch implements new rules that limit when female passengers can use the car-pooling service, which has sparked controversy among users.November 6, 2019 by Cyrus Lee in Innovation