Chinese Company

2024.09.11

03:53

Chinese consortium buys Samsung SDI's polarizing film business for $835 million

Asia Tech Wire (Sep 11) -- A Chinese consortium has agreed to acquire the polarizing film business of South Korea's Samsung SDI for $835 million.

2024.08.19

06:43

Chinese firm Nexchip announces 180 megapixel full-frame CMOS image sensor

Asia Tech Wire (Aug 19) -- Nexchip (688249.SH), a Chinese semiconductor company, recently announced that it has launched the industry's first 180 megapixel full-frame (2.77-inch) CMOS image sensor (CIS) in conjunction with design firm SmartSens (688213.SH).

2024.07.31

06:40

Chinese smart glasses maker INMO closes Series B funding round

Asia Tech Wire (July 31) -- Chinese smart glasses maker INMO has recently closed a Series B round of funding of nearly 100 million yuan.

03:50

Chinese AI robotics firm Astribot closes Pre-A funding round led by Matrix Partners

Asia Tech Wire (July 31) -- Chinese AI robotics company Astribot recently closed a multi-million dollar Pre-A round of financing led by U.S. private equity firm Matrix Partners.

2024.07.29

08:43

Hesai CEO says he's feeling ridiculous about U.S. military allegations

Asia Tech Wire (July 29) -- Yifan Li, CEO of Chinese LiDAR maker Hesai (HSAI:NASDAQ), recently told Nikkei that the U.S. government's accusation that the company has ties to the Chinese military is baseless.

2024.04.12

07:45

Chinese tech firms' abuse of noncompete contracts noticed by U.S., Japan media

Asia Tech Wire (Apr 12) -- Leading media outlets in the U.S. and Japan have focused on the abuse of non-compete agreements by Chinese tech firms such as Pinduoduo.

2024.04.11

08:09

U.S. blacklists 4 Chinese firms for allegedly sourcing AI chips for military

Asia Tech Wire (Apr 11) -- The U.S. has blacklisted six Chinese tech firms, including four allegedly sourcing AI chips for the Chinese military.

2023.10.09

10:35

China National Chemical Engineering Co unit signs 8.4 bln euro Russian deal

2022.04.13

03:25

Indian regulator summons former Xiaomi India head in probe

Asian Tech Press (Apr. 13) -- A Indian regulator has summoned the former head of Xiaomi India to investigate whether the company's business practices complied with the country's foreign exchange laws, Reuters reported.

2022.04.12

05:28

Huawei settles with employee over illegal access to company confidential data

Asian Tech Press (Apr. 12) -- Chinese telecom giant Huawei Technologies Co. reached a settlement with an employee who overstepped his authority to access company confidential data.

04:44

Charlie Munger-tied Daily Journal cuts Alibaba stake in half

Asian Tech Press (Apr. 12) -- Daily Journal Corp., the Los Angeles-based publishing and software company tied to Charlie Munger, cut its stake in Chinese internet giant Alibaba Group Holding Ltd by roughly half.

2022.04.07

03:33

JD.com's Richard Liu steps down as CEO

Asian Tech Press (Apr. 7) -- Chinese e-commerce giant JD.com Inc announced Thursday that the company's founder Richard Liu Qiangdong stepped down as CEO.

2022.04.06

09:47

Nio employee said to illegally use company servers for crypto mining

Asian Tech Press (Apr. 6) -- An employee of Chinese electric carmaker Nio Inc. (NYSE:NIO) has reportedly used the company's servers to illegally mine cryptocurrency for over a year.

08:47

Huawei overtakes Samsung as top patent applicant at EPO in 2021

Asian Tech Press (Apr. 6) -- Chinese telecom giant Huawei Technologies Co. has become the top patent applicant at the European Patent Office (EPO) in 2021, surpassing 2020's leader Samsung.

2022.03.31

10:47

Nio CEO says phone business is in research stage

Asian Tech Press (Mar. 31) -- CEO of Chinese electric carmaker Nio Inc. (NYSE:NIO) said the company's smartphone business is in the research stage.

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Taiwan's weighted index rose 2.6%, with semiconductor stocks leading the gains, and TSMC rising more than 4%
                            2024-12-23

                                    Tuanmaimai, the WeChat community group buying business under Meituan (03690.HK), issued an announcement stating that due to platform business adjustments, Tuanmaimai will cease operations from 24:00 on December 31, 2024.
                            2024-12-23

                                    Mao Yinian, Vice President of Meituan: Meituan has invested in several robot companies including Yushu and Galaxy General
                            2024-12-27

                                    A-share SMIC rose more than 5%
                            2024-12-27

                                    Meituan Vice President Mao Yinian: Meituan has obtained Dubai drone delivery commercial operation qualification
                            2024-12-27