Huawei fights back with ‘Huawei Facts’

BY SILVI WRITER China’s tech-giant Huawei Technologies is fighting back with more measures to become more open and transparent, amid headwinds in overseas markets in recent months. Huawei, an independent and privately-held company that has spread its services and products to over 170 countries, recently launched Huawei Facts, a webpage aimed at letting more people understand Huawei and its corporate value. The new webpage also listed … Continue reading Huawei fights back with ‘Huawei Facts’

This Chinese firm is the world’s fastest-growing brand

BY SILVI WRITER China’s video streaming giant iQiyi (爱奇艺), “China’s answer to Netflix”, is the world’s fastest-growing brand of 2019, according to Brand Finance Global 500 2019, a report to include the world’s 500 most valuable brands across all sectors and countries Brand value of Nasdaq-listed iQiyi, founded in Apr 2010, is “up a whopping 326% year on year, three times the 105% hike by its … Continue reading This Chinese firm is the world’s fastest-growing brand

Huawei founder: My daughter is ‘Very Strong’

BY GLOBAL TIMES Ren Zhengfei (任正非), founder of China’s Huawei Technologies, who usually keeps a low profile, appeared before journalists Thursday and stressed that his company does not steal trade secrets. But this has not deterred aggressively hostile attitude from the West. The Shenzhen-based company has been facing growing pressure from Western countries, particularly the US, as local politicians consider it an arm of the … Continue reading Huawei founder: My daughter is ‘Very Strong’

Chinese Firms rush to List Overseas, avoid 2019 Headwinds

BY XIE YU, SCMP Vivien Han’s company went public in New York this summer, grabbing headlines in the Chinese media, and was considered another rising star that had successfully tapped the fast-growing Chinese consumer market. Han and her colleagues, however, did not consider the initial public offering (IPO) a success. “We had to cut the fundraising volume two times … market sentiment was not at … Continue reading Chinese Firms rush to List Overseas, avoid 2019 Headwinds

Chinese firm rolls out first Made-in-USA subway cars

BY SILVI WRITER and XINHUA The CRRC Corporation, one of China’s major rail companies, announced on Tuesday the completion of the first pair of new subway cars built in its US factory in western Massachusetts. The CRRC said the vehicles would be delivered to the US state to replace cars that have been serving the Orange Line of Boston for decades, as “it lobbies the … Continue reading Chinese firm rolls out first Made-in-USA subway cars

Qualcomm confident with patent protection in China, said a Tencent executive

BY SILVI WRITER Qualcomm’s decision to file lawsuits against Apple in China underscores the US chipmaker’s confidence with the Beijing’s efforts in patent protection, said an executive of Tencent, a global tech leader based in Shenzhen, dubbed China’s Silicon Valley. Sam Xu Yan, General Manager of Tencent’s IP Department, said Qualcomm is preparing to file more lawsuits. Commenting on why Qualcomm chose to do so … Continue reading Qualcomm confident with patent protection in China, said a Tencent executive

“Shenzhen UNDERESTIMATED for capabilities to create original things”

BY IRIS DENG, SCMP Silicon Valley start-up founder Zhe Zhang is part of a rising wave of innovators and entrepreneurs migrating their tech and operations to China in order to fulfil their global ambitions. Just two years after Zhang, a Chinese national, set up home robotics outfit Trifo he decided to expand his business to Beijing and manufacturing hub Shenzhen. Like others, Zhang believed Shenzhen, … Continue reading “Shenzhen UNDERESTIMATED for capabilities to create original things”