Phate Zhang
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OnePlus co-founder Carl Pei raises $7 million for his new business, now hiring for key positions
Carl Pei, who left OnePlus as co-founder two months ago, has raised $7 million in start-up capital for his new company from a list of prominent investors and is in the midst of a major hiring process.
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Tesla's Shanghai Gigafactory may soon begin production of Performance Model 3
Tesla has registered the Performance Model 3 to China's Ministry of Industry and Information Technology (MIIT), as well as the Zero-G wheels and new headlights for the electric car.
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JP Morgan raises price target on Tesla from $80 to $90, but that's still 86% below current level
JP Morgan recommends investors not weight Tesla shares in their portfolio in equal proportion to the S&P because Tesla shares are "by virtually every conventional metric not only overvalued, but ramatically so."
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CITIC Securities expects Xiaomi's market cap to reach HK$1 trillion, with AIoT as key driver
The analysts expect AIoT to be the main driver of the next round of technology dividends, and Xiaomi is likely to become one of the two key players in China's AIoT market.
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Foxconn attacked by hackers, $34 million bitcoin ransom demanded
The attack took place over Thanksgiving weekend and infected about 1,200 servers, with 100GB of unencrypted files stolen and 20TB to 30TB of backup data deleted.
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Chinese regulator interviews 25 companies, including BYD, Geely, to strengthen quality of new energy vehicles
Nine models were found to have problems with battery capacity, discharge capacity after cyclic discharge, discharge protection value, and luggage compartment volume, which did not meet national standards.
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Chinese company unveils concept electric motorcycle that can accelerate to 50 km/h in 2.9 seconds
It has an energy density of up to 285wh and an NEDC range of more than 130km.
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Huawei's desktop computer, the MateStation B515, is now available at JD.com
The HUAWEI MateStation B515 with 8GB of RAM and 1TB of HDD storage is priced at RMB 3,599 yuan ($550) and is powered by an AMD R5-4600G processor, not including a display.
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Genshin Impact is the Chinese mobile game with most overseas revenue in November
Genshin Impact generated more than $11 million in revenue in overseas markets on December 1, breaking the one-day revenue record for Chinese mobile games overseas.
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Baidu unveils automated driving assistance solution ANP, similar to NIO NOP
Unlike industry solutions that only support high speed and urban ring roads, ANP can also be used on urban roads.