Tech Giants

Alibaba Supplants Tencent as China’s Most Valuable Firm on Record Earnings

Alibaba Supplants Tencent as China’s Most Valuable Firm on Record Earnings

Shares in Alibaba Group Holding Ltd. [NYSE:BABA] continued to rally today after the firm posted record earning’s growth for the…

May 7, 2018
Xu Wei
Foxconn Is Reportedly Planning Chip Unit to Tap Booming Sector

Foxconn Is Reportedly Planning Chip Unit to Tap Booming Sector

Hon Hai Precision Industry Co., better known as Foxconn and the world’s largest contract iPhone maker, has reportedly formed a new subsidiary to exploit the thriving semiconductor industry.

May 7, 2018
Dou Shicong
Tencent Goes Head-to-Head With NetEase in Soccer Gaming With FIFA Titles

Tencent Goes Head-to-Head With NetEase in Soccer Gaming With FIFA Titles

The world’s biggest gaming firm Tencent Holdings Ltd. has brought out new versions of FIFA soccer video games through its…

May 4, 2018
Dou Shicong
US Corning to Invest USD1.4 Bln to Manufacture Glass Substrate for LCD Panels in Central China

US Corning to Invest USD1.4 Bln to Manufacture Glass Substrate for LCD Panels in Central China

American glass giant Corning Inc. signed a contract with the administration of Wuhan Linkonggang economic and technological development zone in…

May 4, 2018
Dou Shicong
AliCloud Teams with Zhiguang Electric to Develop Energy Service Platform

AliCloud Teams with Zhiguang Electric to Develop Energy Service Platform

Alibaba Group Holding Ltd.’s cloud unit has inked a deal with controls system maker Zhiguang Electric Co. to develop an internet-based services platform for China’s energy sector.

May 4, 2018
Tang Shihua
Huawei Places First Among Chinese AI Chip Manufacturers

Huawei Places First Among Chinese AI Chip Manufacturers

Huawei Places First Among Chinese AI Chip Manufacturers. US-based international market survey agency Compass Intelligence LLC recently released its list…

May 4, 2018
Dou Shicong
Baidu, Google, Develop Machine-Learning Benchmark to Boost AI Innovation

Baidu, Google, Develop Machine-Learning Benchmark to Boost AI Innovation

Baidu Inc. has joined up with Google parent Alphabet Inc., as well as educational institutions including Stanford University and Harvard…

May 3, 2018
Dou Shicong
Alibaba Buys Speech Recognition Firm to Develop Voice Processing Technologies

Alibaba Buys Speech Recognition Firm to Develop Voice Processing Technologies

China’s tech colossus Alibaba Group Holding Ltd. has bought computational linguistics firm Beijing Sound Connect Technology Co. to enhance its speech recognition services and voice-specific chips.

May 3, 2018
Liao Shumin
Tesla to Announce China Gigafactory Plans by Fourth Quarter, Musk Says

Tesla to Announce China Gigafactory Plans by Fourth Quarter, Musk Says

Tesla to Announce China Gigafactory Plans by Fourth Quarter, Musk Says. Tesla Inc. will announce the location of its China…

May 3, 2018
Xu Wei
TSMC Opens Nanjing Chip Plant Early With Crypto Giant Bitmain Its First Client

TSMC Opens Nanjing Chip Plant Early With Crypto Giant Bitmain Its First Client

Chip giant Taiwan Semiconductor Manufacturing Co. (TSMC) has started the first production at its new facility in China’s eastern Jiangsu…

May 2, 2018
Dou Shicong
JD.Com to Tap Smart TV Sector With USD47.2 Million TCL Unit Investment

JD.Com to Tap Smart TV Sector With USD47.2 Million TCL Unit Investment

China’s second-largest e-commerce conglomerate JD.Com Inc. will invest CNY300 million (USD47.24 million) in the smart TV unit of electronics firm TCL Corp to take a 6.67 percent stake.

May 2, 2018
Wang Zhen
US Judge Rejects Alibaba Lawsuit Against Dubai Cryptocurrency Firm

US Judge Rejects Alibaba Lawsuit Against Dubai Cryptocurrency Firm

A New York court has a thrown out a trademark infringement case brought by Alibaba Group Holding Ltd. aimed at blocking Dubai cryptocurrency firm Alibaba Foundation from using its similar name.

May 2, 2018
Xu Wei

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