GGSN, which is partly owned by New World Group, is in talks to set up research, product development and marketing facilities in Hong Kong, where it hopes to demonstrate its autonomous charging devices in the car parks of offices and malls.
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India suspends imports of Chinese-made Wi-Fi devices, causing delays in launch of related products
India has suspended approval of imports of Chinese wifi modules for several consecutive months according to sources. China’s approval for the import of all electronical products equipped with wifi modules (including Bluetooth speakers, wireless headsets, smartphones, smart watches and laptops) was repeatedly delayed in India. As a result, large manufacturers such as Dell, HP, Xiaomi, Oppo, Vivo and Lenovo postpone the launch of products in India.
Tencent-backed VIPKid considers a $500 million U.S.IPO
Tencent-backed Chinese K-12 online education platform VIPKid is considering a US$500 million IPO in the United States.
China’s Agile Robots nets $130m from Sequoia, GL Ventures, others Premium
Agile Robots, which offers professional robotic solutions, on Wednesday announced that it has raked in as much as $130 million in 2020. The company caters to industries such as healthcare and manufacturing, among others.
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