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China Daily Brief

China Tech Daily Briefing (Nov 2)

Nov 2, 2018 by The Passage Team
China Tech Daily Briefing (Nov 2)
  1. Internet is outdated, this is the era of AI: Baidu CEO Robin Li at company’s World Conference in Beijing.

2.PwC’s report shows Alibaba and Tencent’s spending on technology R&D is less than one fifth of Amazon’s.

3.Baidu and Volvo announce joint development of L4 self-driving mass production vehicles.

4.After slashing provident fund to 5%, Huawei initiates a one-time salary rise.

5.Tencent releases short video platform "Yoo video."

6.Baidu launches mini AI speaker Pro and mini voice on-board stand.

7.A little-known brand called Rouyu announces the launch of the world's first foldable smartphone, FlexPai while Huawei and Samsung still researching on it.

8.Xiaomi sends letter to Lyft prohibiting it from using its electric scooters to provide sharing services without authorization.

(Reported by Wanying Zhang, an intern at The Passage)

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The Passage is committed to creating in-depth content over technology industry across Asia with a focus on emerging startups in the technology, healthcare, education, food, tech, travel & mobility segments.

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