Posted inNews

China’s Internet Giants Back A Smartphone On Four Wheels

Baidu earned a neat three percent bump in stock prices on Thursday after they recorder higher-than-expected revenues. One project that they’ll be spending the cash on is their driverless car unit, a research and development effort spanning between the U.S. and China. “We believe that the automobile is the next major computing platform,” said CEO Robin Li during […]

Posted inNews

Four Chinese Drones You Can’t Miss In 2016

The global commercial drone market is taking off as improvements in technology transform drones from a specialty device into an affordable consumer product. A huge market for consumer drones is blossoming and already, and China is making its mark. Data from state media outlet Xinhua shows that drone exports from China’s hardware hub Shenzhen amounted to $2.7 […]

Posted inNews

We’re Shortening Development By Two Years: LeAutoLink CTO On LeEco, Aston Martin Super Car [Q&A]

Speculation over the LeEco-backed Aston Martin electric super car has been building since the two companies announced in January their intention to release the vehicle by 2018. While the US has led the development of connected, autonomous and electric vehicles, China is playing a hasty catchup game, backed by the country’s cashed-up tech giants. According to Rao […]

Posted inNews

The Chinese Government Wants A 100 Billion RMB AI Market By 2018

China’s artificial intelligence industry received a huge boost of validation from the government on Wednesday, which announced its plans to create a “100 billion level” ($15 billion USD) artificial intelligence market by 2018. According to state-owned media Xinhua News Agency, the government plans to roll out projects in smart home applications, smart cars, unmanned systems, wearables, […]

Posted inNews

Baidu Invests $3 Million In Israeli Startup Pixellot

Baidu has backed its first Israeli startup, investing US$3 million in video technology company Pixellot, according to a report by Reuters. The Tel Aviv-based video technology company will use the money to develop its unmanned cameras and technology for large outdoor events. The move reflects a sharp rise in Chinese companies investing in Israel over the […]

Posted inNews

Five Chinese Hardware Verticals to Watch in 2015

A craze for smart hardware has been raging in the past year, especially in China which is at the center of the smart hardware industrial chain. The trend also lured internet giants to build platforms in a bid to better develop and connect the hardware startups. However, the burgeoning market has been plagued by product […]