Archive for China Money AI

China Tech Digest: C919 Aims Delivery Within Year; Chip Shortage Hit Phone Makers

China’s C919 passenger aircraft expects first delivery within the year On March 1, China Eastern Airlines Group Co., Ltd. and Commercial Aircraft Corporation of China formally signed the C919 large passenger aircraft purchase contract in Shanghai. This is also the world’s first official purchase contract for the domestically produced large aircraft C919. China Eastern Airlines […]

China Tech Digest: C919 Aims Delivery Within Year; Chip Shortage Hit Phone Makers comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

Co-Stone Capital Partner Explains How China Can Make Breakthroughs In Semiconductors

Yang Shengjun is a partner of Co-Stone Capital and a semiconductor expert. He graduated from Fudan University and the Department of Electronic Engineering at Oregon State University. He previously worked at RDA Microelectronics and has more than ten years of industrial experience in the semiconductor industry. Co-Stone Capital is a private equity investment institution with […]

Co-Stone Capital Partner Explains How China Can Make Breakthroughs In Semiconductors comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

China Tech Digest: Huawei Says It Won’t Make EVs, SenseTime Rumored To Seek A+H Listings

Huawei says it will not to build cars but will help car companies build better cars Reuters reported that Huawei plans to make EV under its own brand and could launch some models this year, citing four insiders who know the matter directly. It says that Huawei is in talks with Changan Automobile and other […]

China Tech Digest: Huawei Says It Won’t Make EVs, SenseTime Rumored To Seek A+H Listings comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

Cash-Hungry Chinese AI Firms Rush To IPO, But Regulators Are Skeptical

Chinese AI companies are in need of new capital infusions. Because they raised capital at sky high valuations during the past from private investors, raising money via an IPO is a more practical option now. But they are finding securing an IPO isn’t going as smoothy as they hope. On the evening of February 19, […]

Cash-Hungry Chinese AI Firms Rush To IPO, But Regulators Are Skeptical comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

China Tech Digest: Chinese Self-Driving Truck Firm TuSimple Intensifies Testing In Sweden With Partner Scania

TuSimple and Scania AB intensify testing of unmanned trucks in Sweden TuSimple, a Chinese autonomous truck driving company, will further deepen cooperation with Swedish commercial vehicle maker Scania in the future to test unmanned trucks with cargo on the E4 highway between Sodertalje and Jönköping in Sweden. The trucks participating in the test provide actual […]

China Tech Digest: Chinese Self-Driving Truck Firm TuSimple Intensifies Testing In Sweden With Partner Scania comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

Ex-Nvidia Executive Founded GPU Startup Secures Funding; 5G Chips Firm Raises Financing

Moore Threads, a GPU computing technology and services startup founded reportedly by former Nvidia executives, recently completed a multi-billion yuan Pre-A round of financing. The investors include Shenzhen Venture Capital, Sequoia Capital China Fund, GGV Capital, China Merchants Venture Capital, Bytedance, Pony.ai, Haisong Capital and others. The five-month old startup is rumored to raise funds […]

Ex-Nvidia Executive Founded GPU Startup Secures Funding; 5G Chips Firm Raises Financing comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

China Tech Digest: Ericsson CEO Says China Is Key To Future 5G R&D; Li Ka-shing And Gaw Capital Seeks SPAC Cash

Ericsson: China will become a key driver of 5G core demand and new application R&D Ericsson President and CEO Börje Ekholm delivered a speech at the GTI International Industry Summit held during the MWCS2021 (Mobile World Congress), saying that most of the world’s 5G users are currently in China, and China will become “the key […]

China Tech Digest: Ericsson CEO Says China Is Key To Future 5G R&D; Li Ka-shing And Gaw Capital Seeks SPAC Cash comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

Amazon Beware: TikTok Is Ramping Up Its E-Commerce Engine Globally

TikTok is ramping up its e-commerce engines on all cylinders during the past six month. First, it connected to Shopify’s millions of independent merchants, opened up its video shopping function, and then tested live e-commerce delivery with Walmart, and opened live room shopping cart function in Indonesia in early February. A few days ago, TikTok’s […]

Amazon Beware: TikTok Is Ramping Up Its E-Commerce Engine Globally comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

Can Chinese Phone Makers Xiaomi, OPPO Have Greater Success In Chips Than Huawei?

Chinese phone makers including Xiaomi and OPPO are following Huawei’s footsteps in stepping up efforts in making their own chips. Following Huawei’s high-end smartphone business suffering the fate of nearly being wiped out after US export bans crippled Huawei’s abilities to make its self-designed chips, Xiaomi and OPPO are making more serious inroads into securing […]

Can Chinese Phone Makers Xiaomi, OPPO Have Greater Success In Chips Than Huawei? comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

China Tech Digest: Geely’s Satellite Factory Approved, Plans To Make 500 Satellites A Year

Geely Technology’s satellite factory was approved The satellite factory of Geely Technology Group, Taizhou Xingkong Zhilian, has obtained the approval of the commercial satellite manufacturing project approved by the National Development and Reform Commission. The first equipment of the Xingkong Zhilian Satellite Factory has already arrived and is expected to be put into production in […]

China Tech Digest: Geely’s Satellite Factory Approved, Plans To Make 500 Satellites A Year comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.