Tag: china
The promise and challenge of Roblox’s future in China
In a much-anticipated move, California-based gaming firm Roblox filed to go public last week. One aspect driving the future growth of the children- and community-focused gaming platform is its China entry, which it fleshes out in detail for the first time in its IPO prospectus. Like all gaming companies entering…
Read More
How China’s Realme sold 50 million phones in just over 2 years
Starting a new phone brand in 2018 might seem too late in an already crowded market, but Sky Li was convinced that consumers between 18-25 years old were largely under-served — they needed something that was both affordable and cool. A few months after Li founded Realme in May that…
Read More
China’s smartphone giant Oppo ratchets up AR push
Tech companies around the world are still identifying the “next big thing” enabled by 5G connections. Some, such as Oppo, are betting it will be augmented reality. The Chinese smartphone firm showcased its progress in AR at a Tuesday event swarmed by hundreds of reporters, analysts, and partners in Shenzhen.…
Read More
Sequoia-backed recycling robot maker AMP Robotics gets its largest purchase order
AMP Robotics, the manufacturer of robotic recycling systems, has received its largest purchase order from the publicly traded North American waste handling company, Waste Connections. The order, for 24 machine learning enabled robotic recycling systems, will be used on container, fiber and residue lines across numerous materials recovery facilities, the…
Read More
Ride Vision raises $7M for its AI-based motorcycle safety system
Ride Vision, an Israeli startup that is building an AI-driven safety system to prevent motorcycle collisions, today announced that it has raised a $7 million Series A round led by crowdsourcing platform OurCrowd. YL Ventures, which typically specializes in cybersecurity startups but also led the company’s $2.5 million seed round…
Read More
Qualcomm gets US permission to sell 4G phone chips to Huawei
The US is making an exception to a ban against Huawei buying US chip technology — if a slight one. Qualcomm has confirmed to Reuters that it has received US government permission to sell 4G phone chips to Huawei. The American company didn’t say which… Source
Read More