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Author: Wei Sheng

government Heavy Hitters News Smartphones and Devices US Xiaomi

Xiaomi sues US government over investment ban

xiaomi smartphone huawei 5G

Xiaomi asked the court remove it from a defense blacklist that bans Americans from investing in companies linked to the Chinese military.

Posted on February 1, 2021 Author Wei Sheng Comments Off on Xiaomi sues US government over investment ban
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GGV Capital raises $2.5 billion as US investors chase China tech

US China investment VC

GGV Capital’s latest capital raise comes amid an uptick in inflows to VCs as investors look to profit from China’s tech growth.

Posted on January 29, 2021 Author Wei Sheng Comments Off on GGV Capital raises $2.5 billion as US investors chase China tech
Alibaba Features Funding Huawei Premium Tencent The Numbers Xiaomi

VC Roundup: Chinese tech firms are betting on chips

Chinese tech giants typically focus on the consumer market. But their appetite for early stage investments in semiconductors is growing.

Posted on January 28, 2021 Author Wei Sheng Comments Off on VC Roundup: Chinese tech firms are betting on chips
Huawei News Smartphones and Devices Up and Comers

Honor unveils first handset since Huawei split

Huawei Honor US ban smartphone 5G

The launch shows that the split is an initial success, as the Honor phone contains technology that Huawei still finds difficult to acquire.

Posted on January 22, 2021 Author Wei Sheng Comments Off on Honor unveils first handset since Huawei split
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Bytedance unveils Douyin mobile payment tool to rival Alipay, WeChat

bytedance Douyin tiktok

Douyin Pay was recently added to the app, allowing users to buy virtual gifts for livestreamers and pay for goods on the app’s e-commerce platform.

Posted on January 20, 2021 Author Wei Sheng Comments Off on Bytedance unveils Douyin mobile payment tool to rival Alipay, WeChat
Chips government Heavy Hitters Huawei News Turf Wars US

US revokes licenses to sell to Huawei, to deny more: report

Huawei telecommunications 5G mobile networks cellular

The US Department of Commerce has told Huawei suppliers that it intents to deny “a significant number of license requests” to Huawei.

Posted on January 18, 2021 Author Wei Sheng Comments Off on US revokes licenses to sell to Huawei, to deny more: report
Alibaba Features Pinduoduo Premium Tencent With Chinese Characteristics

Insights | Why ‘996’ just won’t go away

996 is still a problem in China’s tech industry. It’s brutal to employees, and it’s questionable whether overtime work pays off even for companies.

Posted on January 18, 2021 Author Wei Sheng Comments Off on Insights | Why ‘996’ just won’t go away
Huawei News Smartphones and Devices Turf Wars US Xiaomi

Xiaomi shares plunge after US investment ban

xiaomi headquarters in Beijing

US investors will be prohibited from buying Xiaomi shares and will have to divest their holdings by November, according to the executive order.

Posted on January 15, 2021 Author Wei Sheng Comments Off on Xiaomi shares plunge after US investment ban
Funding government Heavy Hitters News Telecommunications US

NYSE changes course again, to delist three Chinese telcos

telecom telcos delist China mobile NYSE telecommunication 5G

The NYSE said Wednesday it will stick to its original plans to delist three Chinese telecom companies after an earlier reversal of the decision.

Posted on January 7, 2021 Author Wei Sheng Comments Off on NYSE changes course again, to delist three Chinese telcos
Heavy Hitters Huawei News Smartphones and Devices Turf Wars Xiaomi

Huawei to fall to seventh place in 2021 global handset rankings: report

handset huawei apple xiaomi covid-19 coronavirus samsung

Huawei is losing its status as a smartphone powerhouse in 2021, with a smartphone shipment forecast putting it in seventh place among global vendors.

Posted on January 6, 2021 Author Wei Sheng Comments Off on Huawei to fall to seventh place in 2021 global handset rankings: report

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