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Tech Insight: Will smart cars drive out smartphones?

There is a possibility for smart cars to replace smartphones as the next mobile terminals. /CFPThough the golden era of mobile internet turned its page in 2018, it univ

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What's behind China's EV frenzy?

Chinese smartphone giant Xiaomi announced plans to launch an electric car business with $10 billion investment, March 30, 2020. /CFP After denying plans to develop elec

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LG’s exit from the smartphone market comes as no surprise

For those who follow the space, LG will be remembered fondly as a smartphone trailblazer. For a decade-and-a-half, the company was a major player in the Android category and a driving force behind a n

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LG is shutting down its smartphone business worldwide

LG said on Monday it will close its loss-making mobile phone business worldwide as the once pioneer brand looks to focus its resources in “growth areas” such as electric vehicle components, connected

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Bilibili ups the ante in games with $123 million investment in TapTap

Competition in China’s gaming industry is getting stiffer in recent times as tech giants sniff out potential buyouts and investments to beef up their gaming alliance, whether it pertains to cont

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ByteDance: no comment on Douyin listing rumors

A man stands near a giant sign of Chinese company ByteDance's app TikTok, known locally as Douyin, during China Fashion Week, in Beijing, China, on March 31, 2021. /Reuters ByteDance said it h

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Huawei seeks growth in internet of things as phone business suffers

Huawei’s struggles amid U.S.-China trade tensions are driving it to seek opportunities in other smart devices, setting itself up against a raft of hardware makers at home and abroad.The Chinese

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Xiaomi joins the ranks of Chinese tech giants to work on EVs

After weeks of rumors, Xiaomi officially confirmed that it is making a foray into the electric vehicle space. The Chinese smartphone and IoT giant will set up a wholly-owned subsidiary to operate a sm

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Betting on China’s driverless future, Toyota, Bosch, Daimler jump on board Momenta’s $500M round

Across the street from Suzhou North, a high-speed railway station in a historic city near Shanghai, a futuristic M-shaped building easily catches the eye of anyone passing by. It houses the headquarte

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SoftBank, Tencent backs IP analytics platform PatSnap in $300M round

As enterprises around the world pour more money into research and invention to stay competitive, the need for analyzing the worthiness of RD expenses also grows.One company serving that function is Pa

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China's Xiaomi soars as U.S. judge lifts it from blacklist

Shares in Chinese smartphone maker Xiaomi surged more than 10 percent in Hong Kong on Monday after a U.S. judge removed it from a blacklist that barred American compani

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Court ruling suspends U.S. ban on investment in Xiaomi: Bloomberg

A federal judge temporarily blocked the U.S. Department of Defense from restricting U.S. investment in Chinese smartphone maker Xiaomi Corp, Bloomberg reported on Friday.The Defense Department, under

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Forget about EVs' rollercoaster share prices, look at the future

A Chery eQ1 car at a charging station in Changzhou, east China's Jiangsu Province, January 30, 2021. /CFP Editor's note : Thomas Zhang is head of Greater China Analysis

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U.S. judge to decide on injunction pausing Xiaomi's blacklisting

Xiaomi's headquarters in Beijing, China. /CFP A Washington D.C. federal judge said that he will decide on Chinese handset maker Xiaomi's request for a preliminary injunction pausing it's place

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FTSE Russell to drop Xiaomi, Luokung from indexes

The logo of Xiaomi is seen inside the company's office in Bengaluru, India, January 18, 2018. /Reuters Global index publisher FTSE Russell said on Friday it will drop Xiaomi and another high-t

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Boss of Chinese gaming titan NetEase calls for shared parental leave

China’s relaxation of its one-child restriction has not delivered the population targets set by its policy planners. In 2019, the birth rate in China slumped to a seven-decade low, which experts

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Cashify raises $15 million for its second-hand smartphone business in India

Tens of millions of people each year purchase a second-hand smartphone in India, the world’s second largest market. Phone makers and giant online sellers such as Amazon and Flipkart are aware of