1. Xiaomi is reported to be accelerating its hiring in preparation for the launch of its electric vehicle division. The company is rumored to have secured approval from the National Development and Reform Commission (NDRC) to manufacture electricvehicles, which is aptly called the Mi Car. The company initially planned commercial production by 1H24 and envisions becoming a top 5 automaker in the world. That’s a lofty goal given the e...
TeslaSmurfi short the sheriff:
Crowded of names and models, sure, but for now no one else (BYD is constantly improving though) is capable of mass-producing a bEV with such a profit. BY FAR…
$XIAOMI-W(01810.HK)$officially released the Xiaomi Wireless AR Glasses Discovery Edition at the MWC 2023, Chinese news broke. XIAOMI-W Founder, Chairman and CEO Lei Jun introduced in an article that this is a human-oriented design of AR glasses, and the weight of the whole gear is extremely light. It is the first model to adopt wireless distributed computing, with a retina-level light environment adaptation display, which can be conn...
China is moving to take “golden shares” in local units of$BABA-SW(09988.HK)$and$TENCENT(00700.HK)$as Beijng formalises a greater role in overseeing the country’s powerful tech groups. The ‘golden shares’ provide a mechanism by which the government can remain deeply involved in tech groups, particularly the content they broadcast to millions of Chinese people. The stakes, usually involving a 1 per cent share of i...
6
4
Report
whqqq :
This is a good thing, right? Shows that the government is accepting these companies?
102877280 : everyday also bad news, short