Rural Chinese Fintech Startup Gains Investment

Shenma Finance, a Shanghai-based financial services platform that sells products in China's rural regions, has landed a nice chunk of …
Gadgets & Electronics, Law & Policy

Seagate Will Shut Suzhou Plant, Cut Over 2,000 Employees

Hard disk manufacturer Seagate announced that they will shut down their plant in Suzhou and cut over 2,000 employees.
Business, Internet

China's E-sports Market Scale Reached CNY40 Billion In 2016

Online games have become a huge spectator sport in China, and new statistics show the overall market scale topped CNY40 …
Gadgets & Electronics, Law & Policy, Telecom & Wireless

Xiaomi Inks AAC Patent Licensing Deal With Dolby Subsidiary

Chinese smartphone maker Xiaomi has reached an Advanced Audio Coding patent licensing agreement with Via Licensing Corporation.
Gadgets & Electronics, Telecom & Wireless

China's ZTE Rumored To Cut 3,000 Employees

China's leading telecom device maker ZTE plans to cut 3,000 employees, accounting for about 5% of total employees in the …
Gadgets & Electronics, Law & Policy

China's National Memory Chip Project Begins Construction In Wuhan

China's national memory base project recently has begun construction in the Wuhan East Lake High-tech Development Zone.
Software, Telecom & Wireless

Restaurant Management App Gains Investment Via Alibaba Subsidiary

Chinese more Chinese going out to eat, restaurants are under pressure to ensure reservation booking are handled efficiently. Meiweibuyongdeng's mobile …
Gadgets & Electronics, Software

Lenovo Teams With Kopin For Augmented Reality Commercial Development

Lenovo Capital and Incubator Group will cooperate with American wearable technology company Kopin to set up a new company.

China's ZTE Uses Crowdfunding To Launch Eye Tracking Phone

Chinese telecom device maker ZTE will reportedly launch its new smartphone product via an unusual channel: the crowdfunding platform Kickstarter.
Internet, Security

Chinese Search Engine Baidu Gains Online Banking License

Not only will China's biggest search engine have access to netizens' online search habits, it will soon also hold dominion …
Security, Software

Shenxing Tech Raises Funds For Facial Recognition In China

Beijing-based facial recognition and artificial intelligence company Shenxing Tech has raised funds to expand its business in the public security …
Business, Internet Sells To Chinese Asphalt Manufacturer

During the dotcom bubble of the late 1990s, it was common to see old-school Chinese work units and staid State-owned …

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