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In Q1 2020, as China's mobile phone market continued to transition from 4G to 5G, 5G handset models comprised almost 54% of total new handset product network access license applications submitted during the quarter, according to a newly issued report from the China Academy of Information and Communications Technology (CAICT)'s CTTL Terminal Labs under the Ministry of Industry and Information Technology (MIIT). Read More
In Q3 2019, as China's mobile phone market continued to transition from 4G to 5G, 5G handset models comprised over 8% of total new handset product network access license applications submitted during the quarter, according to a newly issued report from the China Academy of Information and Communications Technology (CAICT)'s CTTL Terminal Labs under the Ministry of Industry and Information Technology (MIIT). Read More
Xiamen-based Runming Network Technology, operator of smart parking solution brand Carlinkin, recently announced completion of RMB 8-digit Series A funding led by Star Venture Capital with participation by Yingxin Guofu Investment Management and Shanghai-based Edge Ventures. Read More
Hangzhou-based autonomous cargo vehicle developer Fabu Technology recently gave an update on its technology progress and future plans, and confirmed new investment from Sinovation Ventures. Read More
Beijing-based Internet data center maintenance robot developer Chaowei Shiji Technology (DCM360) recently announced completion of RMB 8-digit pre-Series A funding from Beijing-based Guyin Fund. Read More
Chinese internet conglomerate Alibaba Group (NYSE: BABA) is currently researching implementation applications for in-vehicle facial recognition for its AliOS operating system. Read More
Shenzhen-based location-based services robot developer Youdi Technology (Uditech) recently announced completion of RMB 8-digit Series B funding led by Yuanyu Runxin Equity Investment Management and Legend Capital. Read More
Chinese internet conglomerate Alibaba Group's (NYSE: BABA) operating system AliOS and its smart car system developer Banma Network Technology recently published videos demonstrating augmented reality (AR) navigation capabilities in a variety of driving scenarios, marking the world's first integration of AR navigation into a vehicle OS. Read More
Shanghai-based positioning services provider Qianxun Spatial Intelligence' location services platform has surpassed 90 mln users, announced Chinese state-owned weapons manufacturer China North Industries Group Corporation (Norinco Group). Read More
Shanghai-based provider of positioning services Qianxun Spatial Intelligence and international chipset giant Qualcomm have reached a strategic cooperation agreement to integrate high-precision location services into Qualcomm's Snapdragon X5 LTE automobile communications chip. Read More