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Oppo plans to launch a tablet next year, work on rollable and fodable phones is still ongoing

Oppo plans to launch a tablet next year, work on rollable and fodable phones is still ongoing
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The Bizarre Story of a Chinese Gaming Tycoon s Inheritance

Less than a month after Lin Qi, founder and chairman of Yoozoo Games, died in hospital from a suspected poisoning, the plot thickens with the appearance of a lovechild who may be able to claim a portion of the inheritance.  Lin’s 24% share of Yoozoo, as he had no written will at the time of his death, was to be divided between his three previously known children. However, China’s new Civil Code, which came into effect of January 1, states that this child born out of wedlock deserves equal rights as Lin’s legitimate children. The value of those shares was RMB3 billion as of market-close on Wednesday.

China Tech Digest: Biotech Firms Rush To List In China, Huawei Debuts Low Price Lidar

Total0 Biopharmaceutical companies rush for IPO on Science and Technology Innovation Board Recently, numerous biopharmaceutical companies such as Nanmo Biology, Jiachuang Biology, Maiwei Biology, Dana Biology, Sailun Biology have applied for IPO on the Sci-tech Innovation Board. The companies are involved in innovative drug development, innovative drug services, original and unique drugs, and in vitro diagnostics Products and many other sub-industries. According to Wind data, as of December 21, 109 biomedical companies have attempted to list on the Sci-tech Innovation Board, accounting for 22.71% of the 480 companies applying for the Sci-Tech Innovation Board. Baidu Apollo and Texas Instruments jointly build automotive-grade chips On December 22, Baidu Apollo announced that it has reached a cooperation with Texas Instruments to incorporate TI’s automotive-grade processors into the design of Apollo’s integrated software and hardware for autonomous driving products.

China Adds 60,000 New Chip Firms In 2020 For 22% Annual Growth Reveals Data

China Adds 60,000 New Chip Firms In 2020 For 22% Annual Growth Reveals Data Dec 22, 2020 12:13 EST At the close of last week, the United States Department of Commerce (DoC) officially added China s Semiconductor Manufacturing International Corporation (SMIC) to its Entity List, as it expanded the scope of American sanctions against Chinese companies. The Department s rationale behind this decision was similar to the one it had cited for adding another Chinese company, Huawei Technologies Ltd., to the list, with fears of the latest tech products manufactured using American-origin technology making their way to the Chinese military being the rationale for both additions. Huawei s sanctions also breathed fresh air into China s attempts of developing its own chip fabrication industry, as investors in the country channeled into the sector and the corresponding valuations and costs went up. Now, with the year coming to an end, data compiled from the Chinese data repository Tianyanc

China Tech Digest: Didi Tests Credit Payment Services

December 18, 2020 05:21 A taxi driver uses the Didi Chuxing app while driving along a street in Guilin, in China s southern Guangxi region on May 13, 2016. Apple has invested 1 billion USD in Chinese ride hailing app Didi Chuxing, the Beijing company said on May 13, as it vies with bitter US-based rival Uber for market share in China. / AFP / GREG BAKER (Photo credit should read GREG BAKER/AFP/Getty Images) Total0 Lalamove is reported to seek a new round of financing with a valuation of US$8 billion According to a report from Sina Technology, the logistics and distribution company Lalamove is seeking a new round of financing, hoping to raise at least US$500 million in funds, with an estimated valuation of US$8 billion.

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