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  • ChinaTechNews.com Staff 10:33 pm on January 17, 2020 Permalink  

    China’s Mobile Phone Shipment Reached 389 Million Units In 2019 

    According to statistics from CAICT, in December 2019, the total mobile phone shipment in the Chinese market was 30.444 million, including 1.461 million 2G phones, 23.57 million 4G phones, and 5.414 million 5G phones; and the number was a decrease of 14.7% compared with the same period of 2018. For the entire year of 2019, […]

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  • ChinaTechNews.com Staff 10:30 pm on January 17, 2020 Permalink  

    China Unicom, Volvo Reached 5G Cooperation 

    China Unicom and Volvo recently reached 5G strategic cooperation and the two parties will jointly promote the development of V2X vehicle-road collaboration technology. China Unicom and Volvo will work together to research, develop, and test application of 5G and emerging V2X technologies in the automobile industry and jointly incubate business operation solutions. It is said […]

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  • ChinaTechNews.com Staff 10:26 pm on January 16, 2020 Permalink  

    Tesla To Build R&D Center In China 

    Tesla announced via its official WeChat that the company will build a research and development center in China to recruit outstanding talents and create orginal "Chinese style" Tesla cars. According to Tesla, its Shanghai super plant was completed in October 2019 and Chinese-made Tesla has become reality. To realize the transfer from "made-in-China" to "design-in-China", […]

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  • ChinaTechNews.com Staff 10:04 pm on January 15, 2020 Permalink  

    Foxconn Reported Operating Revenue Of USD57.6 Billion In Q4 2019 

    According to reports in Taiwanese local media, Foxconn announced in its financial report for the fourth quarter of 2019 that its operating revenue was TWD1.73 trillion, which was about USD57.6 billion, an increase of 25.23% compared with the previous quarter. The report also revealed that in December 2019, Foxconn's operating revenue was TWD539.51 billion, which […]

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  • ChinaTechNews.com Staff 10:07 pm on January 14, 2020 Permalink  

    Xiaomi Offered Incentive Shares To 1,646 Employees 

    Xiaomi Group published an announcement, stating that the company would grant a total of 48,925,550 incentive shares to 1,646 selected people in accordance to its share incentive plan. The market value of those incentive shares is about HKD537 million, which means the average share value gained per person will be about HKD326,200. The implementation of […]

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  • ChinaTechNews.com Staff 10:04 pm on January 14, 2020 Permalink  

    Tencent’s WeTV Reached Strategic Cooperation With CH3 In Thailand 

    WeTV, the international version of Tencent Video, announced strategic cooperation with BEC World, operator of Thailand's CH3 TV channel. With the cooperation, the two parties will provide Thai TV series contents to users via their respective Internet platform in 2020. At the same time, WeTV will become the exclusive online audio-visual partner of CH3 and […]

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  • ChinaTechNews.com Staff 6:21 pm on January 11, 2020 Permalink  

    Indian Meal Delivery Provider Gained USD150 Million Investment From Ant Financial 

    According to reports in foreign media, Indian meal delivery platform Zomato recently gained USD150 million investment from its current investor Ant Financial. After the investment, the valuation of this Indian online food delivery and restaurant review platform will reach USD3 billion. Prior to this, its valuation was USD2 billion. An insider revealed that the USD150 […]

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  • ChinaTechNews.com Staff 9:49 pm on January 9, 2020 Permalink  

    Amap, HERE Technologies Reached Cooperation For Overseas Map Service 

    Amap and HERE Technologies jointly announced that they will implement cooperation basing on overseas map and dynamic information service. With the cooperation, HERE will provide map data and traffic information outside China to Amap to help Amap offer global path planning guide, positioning and travel related services to users. At present, the two parties already […]

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  • ChinaTechNews.com Staff 9:44 pm on January 9, 2020 Permalink  

    AWS Marketplace Formally Launched In China 

    AWS announced that its AWS Marketplace was fully launched in the Chinese market. AWS Marketplace China is a carefully selected digital product catalog, through which users can easily search, test, deploy and manage third-party software needed for their system operation in AWS China (Beijing) and AWS China (Ningxia). With AWS Marketplace China, customers can search […]

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  • ChinaTechNews.com Staff 10:30 pm on January 8, 2020 Permalink  

    Byton, Marubeni Reached Cooperation 

    Chinese automobile maker Byton formally reached strategic cooperation with Japan's Marubeni and Marubeni will participate in Byton's series C funding. Apart from the investment, the two parties will discuss further cooperation possibilities in various sectors, including transportation service, energy solution, and overseas production and sales. It is said that Byton's series C funding has entered […]

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