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Shanghai-based AI chip maker Think-Force Electronic Technology ("ThinkForce") recently announced completion of RMB 450 mln in Series A funding from Shanghai-based machine vision technology developer Yitu Network Technology, Alibaba Group (NYSE: BABA) Chairman Jack Ma's Yunfeng Capital, Sequoia Capital, and Beijing-based Hillhouse Capital Management. Read More
Beijing-based driverless truck technology developer Tusen Weilai Technology (TuSimple) has announced completion of USD 55 mln in Series C funding led by Hong Kong-based Composite Capital, with participation from Chinese internet company Sina (Nasdaq: SINA) and Zhiping Capital. Read More
Chinese autonomous driving start-up Jingchi Corporation announced today the completion of USD 52 mln in pre-Series A funding led by Qiming Venture Parnters, and with participation from several institutional investors and individuals, including Nvidia GPU Ventures and China Growth Capital. Read More
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) has announced at a press conference the company's e-commerce virtual reality (VR) and augmented reality (AR) industry strategy, including the formation of an alliance with more than 30 firms such as chipmaker Intel, Taiwanese mobile handset manufacturer HTC, graphics chip maker Nvidia, and VR firm Baofeng Mojing Technology. Read More
According to an industry insider, ZTE9, a JV between Shanghai-based online game developer and operator The9 (Nasdaq: NCTY) and telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ), will release a gaming console this month called the "Fun Box." Read More
Beijing-based Android handset developer Xiaomi has officially launched the latest iteration of its flagship smartphone, the Xiaomi Mi3, priced at RMB 1,999 for the 16GB version and RMB 2,499 for the 64GB version. Read More
A source at Beijing-based Android handset developer Xiaomi has denied recent rumors that the company will soon release a 15.6" notebook computer selling for RMB 3,999. Read More
Chinese handset vendor Tianyu Communication Equipment officially announced its first quad-core smartphone, the K-Touch II V8, in Beijing today. Read More
Chinese consumer electronics manufacturer Hisense (600060.SH) recently launched the I'TV M1101, a tablet series positioned as "the body of a tablet, the heart of a TV," as part of its Hisense personal television product line. Read More
Sony China today released its S1 tablet for the mainland China market in Shanghai today. Read More