Tesla Giga Shanghai resumes production with over 100 suppliers
Tesla’s most productive manufacturing plant in Shanghai reopened on 19 April with 8,000 employees returning to work after a three-week closure.
Ant Group takes majority stake in 2C2P to drive digital payments adoption
China’s Ant Group has entered a strategic partnership with the global payment platform 2C2P to accelerate digital payment adoption and innovation.
TikTok owner ByteDance enters smart-TV market in collaboration with TV maker Konka
Shenzhen-based electronics giant Konka unveiled its cooperation with Smartisan OS, the original R&D for Smartisan which was acquired by ByteDance, to develop a smart screen operating system.
Meta may release first generation of AR glasses in 2024
Facebook’s parent company Meta is developing an AR (Augmented Reality) glasses called “Project Nazare” to further bet on the metaverse. It will work independently rather than rely on the computing power of the phone.
Chinese new energy mobility Cao Cao users exceeds 120 million
According to Gong Xin, CEO of Cao Cao Mobility, the number of its users has surpassed 120 million, jumping from 60 million in July of last year.
China Mobile launches 5G commercial voice
On April 12, China Mobile released a new 5G voice product. 5G voice is the mobile phone call service that service providers offers based on the 5G network.
Content creator becomes the most popular profession for China’s post-00s
Data from Zhaopin.com showed that 88.1% of the post-00s generation are willing to, or are trying to, find flexible employment. Content creator is the emerging profession that the post-00s most want to engage in.
TikTok’s ad avenue will balloon to $11bn this year
TikTok’s worldwide ad revenue is predicted to triple to over $11 billion in 2022, according to Insider Intelligence, more than the $10.4 billion for Snapchat and Twitter combined.
Vivo launches first foldable smartphone “X Fold”
On April 11, Vivo officially unveiled its first foldable smartphone, the “X Fold”. At present, the mainstream smartphone manufacturers in China have all entered the foldable smartphone market, releasing their own cult products.
Fudan University introduces Meituan autonomous delivery vehicles
As the number of COVID-19 cases continues to increase in Shanghai, Fudan University has introduced Meituan autonomous vehicles to provide non-contact delivery services for teachers and students on campus.
Over 5.2 million Chinese expected to take exams in 2023
According to a report jointly released by New Oriental and iResearch on April 9, the number of people applying for the postgraduate exams in 2023 is likely to exceed 5.2 million.
Meta will invest $800 million to build a hyperscale data centre
Meta announced that it will invest $800 million (5.1 billion yuan) to build a hyperscale data centre in Temple, Texas. The data centre will be around 900,000 square feet in size and will support approximately 100 local jobs once completed.