Monday, 6th, 2024 | 4:26AM Updated

Apple still lags behind local brands in terms of market share in China.
Apple in China: Two New Research and Development Centers to Be Opened Later This Year

Apple is planning to open two new additional research and development centers in China this year. The hubs will be located in Shanghai and Suzhou.

UCAS and NTU Singapore’s research agreement will cover a timespan of five years.
Asian Universities Come Together for Research Collaboration on Human Biology

Singapore’s Nanyang Technological Institute (NTU) has teamed up with Japan’s RIKEN and the University of Chinese Academy of Sciences (UCAS) to advance studies and research in human biology, AsianScientist.com reported.

If Ant Financial is successful in acquiring MoneyGram, the company will be able to bypass all the legal and regulatory work required in establishing Ma’s global payments business.
E-commerce Giant Alibaba Drawn Into MoneyGram Bidding War

Keen on building a global payments empire, Chinese billionaire Jack Ma might be drawn into joining a bidding war for money transfer company MoneyGram, according to an article by Yahoo Finance.

IBM has teamed up with Dalian Wanda Group to intensify its foray into China's cloud computing sector.
IBM-Wanda Deal Brings US Firm's Cloud Computing Services to China

IBM is bringing more of its cloud computing services to China. Then U.S. technology provider has recently teamed up with Dalian Wanda Group for this endeavor.

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RMB banknotes in a wallet.
Chinese Startup Develops AI Model That Uses Data Mining Algorithms to Offer Automatic Credit

A financial technology developed by Chinese startup Yongqianbao will revolutionize risk control by automating the work of loan officers. This will be made possible by the combination of data-mining algorithms and artificial intelligence.

An attendee wears a HTC Vive virtual reality headset (VR) as he views data from a Vuze 360 degree camera at the 2017 South By Southwest (SXSW) Interactive Festival.
HTC Shanghai Plant to Be Sold for Virtual Reality Expansion

HTC Corporation, a Taiwanese consumer electronics company, announced that its plant located in Shanghai will be sold for 630 million yuan. This is a strategic decision so that the company can fund its expansion into the booming virtual reality industry.

Considered as one of the wealthiest cities in China, Shenzhen offers a great opportunity for entrepreneurial companies to expand in.
Canadian Tech Companies Compete to Win Capital, Space in Shenzhen

Companies in Canada joined the “Global Olympics of Innovation” in Toronto last weekend for a chance to expand their business operations in Shenzhen, CBC News Toronto reported.

Alibaba renews its efforts to gain footing in China's rapidly growing gaming industry.
E-commerce Giant Alibaba to Pour In 1B Yuan Worth of Mobile Gaming Investment

E-commerce giant Alibaba announced that it will renew its efforts to boost its presence in China's booming gaming sector. The firm is planning to pour in a mobile gaming investment worth 1 billion yuan through its gaming unit, Ali Gaming.

Visitors look at Oppo devices during the Mobile World Congress 2017
Oppo and Vivo Founder Shares How He Outhustled Apple in China

The founder of smartphone brands Oppo and Vivo revealed how they were able to outhustle Apple in China.

The official OnePlus company logo reimagined with gold color instead of red.
OnePlus, Colette ties to launch Limited Edition OnePlus 3T; Device comes with ‘all-black’ finish, 128GB memory

Chinese smartphone maker OnePlus and Paris-based fashion boutique Collete have collaborated to produce a special OnePlus 3T limited edition, which is designed with matte black color coupled with 128GB internal memory.

AR Service Platform
Alibaba-Led Funding Round Raises $18 Million for AR Startup WayRay

China’s e-commerce giant Alibaba led a Series B funding round that raised $18 million for AR navigation startup WayRay, which partnered with car manufacturing firm Banma Technologies to develop a new AR navigation and infotainment systems, according to zdnet.com.

Attendees visit the Android booth during the Google I/O developers’ conference at the Moscone Center on May 15, 2013 in San Francisco, California.
Android 8.0 OS rumored to launch in Google’s I/O conference in May

The next Google mobile platform is currently making news online, even with Android Nougat OS still coming on several Android units. Amid the rumors about the OS’s features, the Android 8.0 OS is expected to be revealed on Google’s I/O 2017 developer festival on May 17 to 19.

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