Friday, 16th, 2018 | 2:34AM Updated

A Huawei stand at the IFA consumer electronics trade fair in Berlin, Germany.
Huawei Posts 0.4% Net Profit Increase Despite 32% Increase in Global Sales

Huawei posted a net profit of CNY 37.1 billion, a year-over-year increase of 0.4 percent while realizing a year-over-year increase in global sales of 32 percent at CNY 521.6 billion

Alibaba's AI Robot
AI-Enabled Machines Can Do What People Can’t Do, Alibaba’s Jack Ma Says

Alibaba founder and executive chairman Jack Ma expressed optimism that the development of artificial intelligence (AI) will enable people to do more things than they can think of, thenews.com reported.

Alibaba founder Jack Ma is being sued for allegedly allowing the sale of a counterfeit fire-extinguishing ball.
Alibaba Faces Allegations Over Counterfeit Fire-Extinguishing Ball

Alibaba and founder Jack Ma were taken to court for allegedly allowing the sale of a counterfeit fire-extinguishing ball. The e-commerce giant was sued by Thai manufacturer Elide Fire Ball Pro.

Volkswagen has doubled down in its investment in China and vehicle AI with its upcoming joint venture with the Chinese startup Mobvoi.
Volkswagen Invests $180 Million for AI Tech in Chinese Startup Mobvoi

Volkswagen has set its sights on artificial intelligence after the German auto giant announced on Thursday its $180 million investment in Chinese startup Mobvoi to bring smart technology to its vehicles.

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Lei Jun, Chairman and Chief Executive Officer of Xiaomi Inc., introduces Xiaomi VR glasses and new smartphones during a launch event at Peking University Gymnasium.
Xiaomi Mi 6 rumored to have a 30-Megapixel camera, 4000 mAh battery capacity; More details leaked!

It was in April last year when the Xiaomi Mi 5 was released to the market. Now, recent reports claim that leaked details about the upcoming Xiaomi Mi 6 have resurfaced, highlighting the handset’s 30-megapixel camera.

Xiaomi co-founder Lei Jun.
Xiaomi Sheds Apple-Like Image, to Pattern Business After Another Model

Billionaire co-founder Lei Jun is seeking an image makeover for Xiaomi Corp.

Xi-Trump Meeting in Florida
Trump’s Meeting with Xi: What's the Impact on Google and Other US Tech Giants?

U.S. tech giants, such as Google, are anticipating the outcome of the Florida meeting between Chinese President Xi Jinping and U.S. President Donald Trump held in Mar-a-Lago on April 5 to 6, the Street.com reported.

Alibaba is the largest cloud provider in China.
Alibaba Joins Microsoft's SONiC During Open Networking Summit Conference

Alibaba is strengthening its presence in the cloud services industry. The e-commerce giant has recently announced that it is joining Microsoft's Software for Open Networking in the Cloud (SONiC) community.

China is on track in its space exploration agenda, as the country is looking to push forward several missions to the moon and beyond by 2030.
China's Space Exploration Plans Discussed in Space Symposium

China is on track in its space exploration agenda, as the country is looking to push forward several missions to the moon and beyond by 2030, SpaceNews.com reported.

Xiaomi Corp co-founder Lei Jun
Xiaomi Sees Bigger Opportunities in India, Doubles Smartphone Investment

Xiaomi Corp is stepping up expansion in India by investing another $500 million over the next three to five years.

When it comes to military drones, China has already established itself as its largest exporter.
China’s Drone Market to Reach New Heights, Says Expert

When it comes to military drones, China has already established itself as its largest exporter. The Chinese drone market, however, has the potential to reach even higher heights with a new model ready to be released on the international market, China Daily reported.

Racegoers in the betting shop area at Sandown Park on February 4, 2017 in Esher, England.
Mobile Apps Paves Way To Gambling Apps; Mobile Casino App Sales Continuously Rising

With the rise of mobile gaming, gambling apps are starting to make its mark in the industry.

The fast fashion industry is one of the major pollutants in the world.
Virtual Reality Shopping and AI Merge Fashion and Tech in China

Consumers and experts in China are excited on what high-end technology has in store for luxury fashion in the country, and how it can revolutionize the shopping experience through artificial intelligence, augmented reality, and virtual reality, Jing Daily reported.

Robots on Display at a Trade Show
Geek Culture Could Teach Americans About Chinese Technology, Says Technopreneur

Geek Culture could help Americans get a better appreciation of China's technological innovations.

The global mobile entertainment market is currently valued at $58.44 billion.
Global Mobile Entertainment Market to Reach $128 Billion by 2022: Zion Market Research

Zion Market Research predicted that the world's mobile entertainment market can reach $128 billion in five years. The rapid growth can be attributed to aggressive technological advancements.

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