Gadgets & Electronics

China's GSR Ventures To Acquire Nissan's Car Battery Business For USD1 Billion

With support of Hubei provincial government, GSR Ventures is reportedly close to acquiring Nissan's car battery business for about USD1 billion.GSR Ventures is reportedly...

JD Looks To Drones For Chinese E-commerce Deliveries

Chinese B2C e-commerce group JD is heading to Shaanxi Province in central China to begin roll-outs and development of unmanned delivery of e-commerce purchases...

Foxconn's New Indian Factory Heads To Bangalore

Foxconn Group is preparing to build a manufacturing base in Bangalore, India.Foxconn previously prepared to invest USD5 billion to build 12 manufacturing bases across...

Hon Hai To Build R&D Center In Wuhan

Hon Hai Group plans to build an innovation research and development center in Wuhan.Apart from smart manufacturing, this new R&D center will further tap...

Nokia, China Huaxin Sign Final Agreement For Establishment Of Nokia Shanghai Bell

Nokia and China Huaxin Post and Telecommunication Economy Development Center signed a final agreement to integrate Alcatel-Lucent Shanghai Bell with Nokia China business to...

Tencent Music Becomes Exclusive Distributor Of Universal Music In Mainland China

Tencent Music Entertainment Group and Universal Music Group signed a deal under which Tencent Music will become Universal Music's exclusive partner for its distribution...

China's Meizu Restructuring Forms Three Major Business Units

Chinese smartphone maker Meizu is facing stiff competition and shrinking margins, and the company is responding with its new organizational structure.In the new organizational...

China's Gaming Market Scale To Reach USD26 Billion In 2017

The Chinese gaming market scale will reach USD26 billion by the end of 2017 and mobile games will continue to be the major contributors,...

Xiaomi Signs Strategic Supply Chain Investment Deal With Hubei Province

Chinese smartphone maker Xiaomi announced a strategic cooperation agreement with Hubei province.Under the strategic cooperation agreement, Xiaomi will join hands with the Yangtze River...

Former ZTE EVP Joins Tsinghua Unigroup

A representative from Tsinghua Unigroup confirmed that Zeng Xuezhong, former executive vice president of ZTE, has joined Tsinghua Unigroup as global executive vice president.On...

TSMC Net Profit Up 35.3% In Q1 2017

Taiwan Semiconductor Manufacturing Company Limited's financial report for the first quarter of 2017 and its performance outlook for the second quarter of 2017 shows...

LeSEE Poaches New Executives From Volkswagen

William Ding, LeSEE's co-founder, global vice president, and China and Asia Pacific CEO, recently confirmed his departure from LeSEE on Weibo.At the same time,...

Baidu Sees Opportunity With xPerception For Machine Vision Development

Chinese search engine company Baidu announced plns to fully acquire American technology company xPerception.xPerception focuses on machine vision software and hardware solutions. It provides...

China's Unic To Acquire U.S. Semiconductor Test Company For USD580 Million

Unic Capital Management, a subsidiary of Sino IC Capital Co. Ltd., agreed to acquire U.S. semiconductor test company Xcerra Corporation for USD580 million.Unic will...

Lenovo Appoints New President For Brazil

Lenovo announced the appointment Ricardo Bloj as new president for its Brazil business.Bloj joined Lenovo's Brazil branch as chief operating officer in 2016 and...

Mi Pay Claims To Support 33 Banks, 90%+ Users Are Males

Xiaomi's payment service Mi Pay recently published its semi-annual user statistics report and claims that three new banks support Mi Pay bringing the total...

TSMC Will Start Volume Production Of iPhone's A11 Chips

Taiwanese semiconductor manufacturer and Apple's chip partner TSMC will reportedly start volume production of A11 chips from April 2017, which will be supplied to...

China's Baidu Enhances DuerOS Smart Chip

Chinese search engine company Baidu launched its digital assistant-focused DuerOS earlier this year, and now is building out its team for its DuerOS smart...

Xiaomi Builds Second Manufacturing Plant In India

Chinese smartphone maker Xiaomi has cooperated with Foxconn in the building of its second Indian manufacturing plant, which is located in Sri City, Andhra...

Huawei's OpenLabs Will Push Chinese Tech Around The Globe

Chinese telecom device maker Huawei launched its global OpenLab planning and the company announced plans to build 15 new OpenLab sites around the world...

HTC To Sell Mobile Phone Factory In Shanghai

HTC is planning to sell its mobile phone manufacturing plant in Shanghai, and the money gained will be invested into the virtual reality operations...
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