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Huawei Registers Modest Net Profit As Focus Turns To IoT

Chinese telecom device maker Huawei realized global sales of CNY521.6 billion, a year-on-year increase of 32%; and it realized net …

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Alibaba, China Telecom Seal New Deal For Network Services

Alibaba and China Telecom signed a comprehensive strategic cooperation agreement in Beijing that includes work on Internet of Things and …

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Tsinghua Holdings, VST Holdings To Build Fintech JV

Technology product solutions and supply chain services platform VST Holdings will establish a joint venture with Tsinghua Holdings to develop …

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Kuka, Midea To Develop Personal Assistant Robot After Merger

Germany's industrial robot manufacturer Kuka Group has made an ambitious plan to enter the personal assistant robot market with the …

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Tencent Invests CNY450 Million In TCL Smart TV Subsidiary

Chinese TV maker TCL announced that its smart TV subsidiary FFalcon Technology has introduced Tencent as a strategic investor. Tencent …

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Xiaomi Reaches Patent Deal With Nokia

Xiaomi and Nokia have signed a business cooperation agreement and a multi-year patent licensing agreement covering cross-licensing of standard essential …

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Alibaba's "Five-New" Committee Arrives During Top Tech Event In China

Hangzhou-based Alibaba is focusing on Internet of Things and e-commerce in the setup of an umbrella group within the Chinese …

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Daimler To Set Up Electric Car Battery Plant In China

German car maker Daimler announced that they would cooperate with their Chinese partner Beijing Automotive Group to establish an electric …

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Baidu, Microsoft Team To Promote Smart Cloud Businesses For Automobiles

Baidu and Microsoft jointly announced that the two parties will implement cooperation in the intelligent cloud services market to promote …

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Asus Targets Silicon Valley Start-ups With New Venture Capital

Taiwanese electronics giant Asus has cooperated with Fenox Venture Capital in founding a USD50 million venture capital fund to promote …

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