Gadgets & Electronics

MediaTek To Expand Indian R&D Team

According to reports in foreign media, MediaTek plans to expand its Indian research and development team to over 800 people. This Taiwanese chip manufacturer mainly...

Wingtech To Increase Investments In India, Indonesia

Wingtech recently published an announcement, stating that the company will add a CNY135 million new investment in its second-tier subsidiary in India. Meanwhile, Wingtech's wholly-owned...

SMIC To Sell Wafer Foundry For USD113 Million

Semiconductor Manufacturing International Corporation recently published a report on its official website, stating that the company will transfer its 70% stake in LFoundry to...

Foxconn's Wisconsin Plant To Put Into Product At End Of 2020

According to reports in foreign media, Foxconn's LCD panel plant in Wisconsin, in which the company invested USD10 billion, recently gained new progress. The Taiwanese...

TSMC To Offer TWD47.14 Billion Employee Bonus In Taiwan

TSMC's board of directors recently approved a proposal to allocate TWD47.14 billion, which is about CNY10.337 billion, for cash bonus and dividend to employees...

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

China's TV maker Hisense recently published its financial report for the third quarter of 2017 and showed profitability has gone down. From January to September...

TSMC Chairman To Retire In Mid-2018

Morris Chang, chairman of Taiwan Semiconductor Manufacturing Co., Ltd., announced that he will retire after the company's general meeting of shareholders in early June...

Baidu Sets Up Second R&D Center In Silicon Valley

Baidu announced via its official social media channel that the company's second research and development center in Silicon Valley has formally opened for operation. Baidu...

China's Mobile Phone Shipments Decrease 7.4%

Mobile phone shipments in China decreased by 7.4% year-on-year when comparing September 2016 to September 2017. The China Academy of Information and Communications Technology published...

Huawei Plans USA Splash In Early 2018

With technology security rumblings in the United States surrounding China's Huawei, the Chinese firm is forging ahead in establishing a beachhead in North America. As...

ZTE, JD Form Strategic Partnership For Marketing

ZTE and JD Group announced the signing of a strategic cooperation agreement in New York under which the two parties will work together in...

China Sold 78,000 New Energy Cars In September 2017

China's nationwide automobile sales reached 2.709 million units, including 78,000 new energy cars, in September 2017. According to statistics provided by China Association of Automobile...

Chinese Industrial Drone Developer Gains CNY62 Million Investment

Beijing Fengchao Technology, a company specializing in smart agriculture and drones for agricultural applications, has completed its CNY62 million series A round financing, with...

Xiaomi To Build East China Headquarters In Nanjing

Chinese smartphone maker Xiaomi is building its East China headquarters in Nanjing, Jiangsu Province. Lei Jun, chairman and chief executive officer of Xiaomi, said that...

Hyundai, China Unicom To Build Big Data Center In Guizhou

South Korea's Hyundai Group will cooperate with China Unicom to build a big data center in Guizhou. This is the first overseas big data center...

Chinese-backed Investment Company To Acquire Former GPU Supplier For Apple

Chinese-backed private equity investment company Canyon Bridge will invest EUR550 million, which is about USD743.2 million, to acquire Imagination, Apple's former GPU supplier. Imagination had...

HTC To Sell Mobile Phone Assets To Google For USD1.1 Billion

Taiwanese smartphone maker HTC has signed an agreement with Alphabet subsidiary Google to sell some of its mobile phone businesses to the latter for...

Asus Targets Silicon Valley Start-ups With New Venture Capital

Taiwanese electronics giant Asus has cooperated with Fenox Venture Capital in founding a USD50 million venture capital fund to promote emerging Silicon Valley start-ups...

Foxconn Wants To Build New Factory In Nanjing

Foxconn signed an agreement with the municipal government of Nanjing, Jiangsu Province, planning to invest over CNY37.5 billion to build a new smartphone plant...

Chinese Used Goods Platform Cooperates With Foxconn For iPhone Recycling

Used goods trading platform Zhuanzhuan announced a strategic deal with Foxconn, aiming to promote the standardization of the trading of used phones. Under the deal,...

Coolpad CEO Resigns

Chinese smartphone maker Coolpad Group announced that its chief executive officer Liu Jiangfeng has resigned and Jiang Chao, vice chairman of the board of...
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