Gadgets & Electronics

Me Too! Simtoo Gains Drone Funding In China From Renren

Simtoo, a Shenzhen-based drone manufacturer, has reportedly closed a RMB72 million funding round.
Telecom & Wireless

China Mobile Net Profit Up 3.1% In First Three Quarters Of 2016

Chinese telecom operator China Mobile's financial details for the first three quarters of 2016 show its operating revenue increased by …
Gadgets & Electronics, Internet, Software

Intel Invests In Two Chinese IoT Companies

U.S.-based Intel announced its new round of investments of USD38 million in 12 technology innovation companies, including two from China.
Gadgets & Electronics, Telecom & Wireless

Xiaomi Sinks As Other Chinese Smartphones Rise

Two years ago, it looked like China's Xiaomi was on the top of the world as one of China's upstart …
Security, Telecom & Wireless

Android Pay Formally Enters Hong Kong Retail Stores

Google's Android Pay has formally entered Hong Kong and will be available in many local banks and retail stores catering …

Chinese Augmented Reality Education Company Closes Funding Round

Augmented reality for education and play has received a seal of approval from New Horizon Capital, which led a RMB250 …
Internet, Telecom & Wireless

Who's Your Dada? Walmart Deepens Role In Chinese Internet Company

U.S.-based Walmart is making deeper inroads into China's Internet with enhanced investment in one of China's rising e-commerce firms.
Business, Internet

Ant Financial Appoints New CEO

Alibaba's financial subsidiary Ant Financial announced during its two-year anniversary conference that Ant Financial's president Jing Xiandong will officially replace …
Gadgets & Electronics, Internet

Foxconn Acquires 29.4% Stake In Austrian IT Group

Austrian information technology group S&T announced that they have gained an investment of EUR152.83 million, which is about USD168.3 million, …
Gadgets & Electronics, Software

Beijing Robotics Startup Gains US$6 Million Investment

The maker of an all-terrain robot that mimics the movements of a spider has closed a US$6 million series A …
Gadgets & Electronics, Internet

China's Richest Man Bets On IoT

First he built a real estate empire, then he crafted an entertainment business, then he dove into banking, and now …

Google, Facebook Team With Chinese Enterprise To Build Trans-Pacific Fiber Optic Cable

Google and Facebook are blocked in China, but that hasn't stopped the American companies from partnering with Chinese companies to …
Business, Internet

No Holiday For As It Buys Qunar's Vacation Assets and affiliate are dumping their vacation rental business, and is swooping in to acquire those assets.
Business, Internet, Software

Tencent Finishes Finding Funds For Finland's Supercell

Supercell, the Finnish maker of games such as Hay Day, Clash of Clans, Boom Beach and Clash Royale, looks ready …
Gadgets & Electronics, Telecom & Wireless

TSMC Net Profit Up 28.4% In Q3 2016

Taiwanese semiconductor company TSMC says it realized combined operating revenue of about NTD260.41 billion as it announced its financial report …
Business, Software

More Automation As Foxconn's Subsidiary Builds Logistics JV

Foxconn Group's Jusda and South Korea's SK Holdings C&C signed a strategic cooperation agreement to set up a supply chain …

MediaTek To Triple Indian Employees Over Three Years

Taiwan-based semiconductor firm MediaTek announced that the company plans to triple the number of its Indian employees from the current …

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