BUSINESS >> Companies

Tesla's plant construction in full swing in Shanghai

Tesla is racing to achieve mass production in its Shanghai plant to grab the shrinking advantage of government subsidies and ease its capacity shortage, one expert said.
Source: Global Times | 2019/4/3 20:33:40

First AI+5G surgery completed with Huawei's technological support

The first 5G+AI minimally invasive heart surgery in China was completed by two hospitals in South China's Guangdong Province with the support of Huawei technology on Wednesday, Chinese news site guancha.cn reported.
Source: Global Times | 2019/4/3 20:33:40

Chinese insurer helping to spur Africa's economic growth, says African insurer

China Export and Credit Insurance Corporation (Sinosure) is helping to spur Africa's economic growth, the Pan-African investment insurer, African Trade Insurance Agency (ATI), said on Monday.
Source: Xinhua | 2019/4/3 11:37:01

China's JD.com, Google launch international AR contest

Chinese leading online retailer JD.com has partnered with Google's augmented reality (AR) building platform ARCore to kick off an international competition in China on Tuesday, which will gather global developers to compete in creating innovative AR applications for the retail industry.
Source: Xinhua | 2019/4/3 9:22:50

HiSilicon to lead Asia IC design as Huawei invests heavily in semiconductor sector

Huawei's IC design subsidiary HiSilicon may soon overtake Taiwan-based handset chip designer MediaTek Inc to become the largest IC designer in Asia in 2019, digitimes.com reported, citing industry sources.
Source: Global Times | 2019/4/2 20:38:42

Gyroscope causes failure of OneSpace launch mission

Commercial rocket pioneer OneSpace Technology on March 27 failed to send a satellite into orbit from the Jiuquan Satellite Launch Center in Northwest China's Gansu Province due to the malfunction of the OS-M rocket's rate gyroscope, the company announced on Monday.
Source: Global Times | 2019/4/2 20:33:25

Huawei's HiSilicon to beat MediaTek as largest IC designer in Asia: report

Huawei's IC design subsidiary HiSilicon may soon overtake Taiwan-based handset chip designer MediaTek Inc to become the largest IC designer in Asia in 2019, digitimes.com reported, citing industry sources.
Source: Global Times | 2019/4/2 19:13:40

Chinese online video platform Bilibili proposes convertible bond to raise 300 mln USD

Bilibili Inc., a popular Chinese online entertainment platform, proposed on Monday to offer convertible bonds of up to 300 million US dollars in total and with a tenor of 7 years, in a bid to raise more capital.
Source: Xinhua | 2019/4/2 17:12:53

Chinese firm to start building major roads in South Sudan

South Sudan has reached an agreement with Chinese firm Shandong Hi-Speed Group Co., Ltd (SDHS) to embark on construction of major highways linking the capital Juba to the remote countryside.
Source: Xinhua | 2019/4/2 14:21:46

More than 1,000 people banned from public transport over poor social credit scores in March: report

A total of 533 people were banned from taking trains and 692 were banned from air travel in March due to their social credit scores, including some who were punished for manipulating the stock market, according to a newly released social credit report by China's National Public Credit Information Center.
Source: Global Times | 2019/4/2 13:45:59

Cyber administration releases first list of registered blockchain service providers

The Cyberspace Administration of China released the first list of 197 registered blockchain service providers, a move to provide a controllable environment to explore blockchain technology in the country, analysts said.
Source: Global Times | 2019/4/2 13:43:39

Chinese commercial rocket firm fails in orbital launch attempt due to malfunction of rate gyroscope

Chinese commercial rocket pioneer OneSpace Technology on March 27 failed to send a satellite into orbit at the Jiuquan Satellite Launch Center in Northwest China's Gansu Province due to the malfunction of the OS-M rocket's rate gyroscope, the company announced on Monday.
Source: Global Times | 2019/4/2 13:42:42

Samsung says to sell company's 1st 5G smartphone in S.Korea this week

Samsung Electronics, South Korea's tech behemoth, will sell its first 5G smartphone in the country later this week, the company said in a press release Monday.
Source: Xinhua | 2019/4/1 16:10:14

Chinese air carrier uses ARJ21 jetliners to connect more cities

China's indigenously developed ARJ21 regional jetliners have been used on four new routes in this flight season with more destinations, according to Chengdu Airlines Monday.
Source: Xinhua | 2019/4/1 16:06:53

Apps found using data to 'peep' into Chinese consumers' personal lives: study

Apps including Alibaba-backed food-ordering platform ele.me and US-based travel site TripAdvisor are accessing sensitive private information that's not related to their functions, and this enables them to “peep into users' lives and acquire users' private information,” according to recent test results released by local authorities in Shanghai.
Source: Global Times | 2019/3/31 20:33:40

Huawei stays private to invest in the future: executive

Huawei won't be publicly listed because it wants to "invest in the future" instead of presenting nice-looking financial reports, Huawei's consumer business CEO Richard Yu Chengdong said on Sunday at an IT summit in Shenzhen, South China's Guangdong Province.
Source: Global Times | 2019/3/31 20:33:39

Chinese airlines' profits dented by fuel costs, but carriers increasingly compete on global market

China Southern Airlines and China Eastern Airlines, the country's largest and second-largest carriers by passenger numbers, reported profit declines of about 50 percent for 2018, which industry analysts said reflected rising oil prices and fluctuations of the yuan.
Source: Global Times | 2019/3/31 20:28:40

More global brands join in Alibaba's IP alliance

Over 130 brands have joined in China e-commerce giant Alibaba's anti-counterfeiting alliance, with the latest entries made by multinationals like Dyson and Coach, according to the company.
Source: Xinhua | 2019/3/31 10:49:43