Alibaba Group revealed its New Manufacturing model for the first time with the unveiling of Xunxi Digital Factory (“Xunxi”) on 16 September 2020.
artificial intelligence
AI + Retail market in China to reach US$390 million by 2020
In 2019, the scale of AI + retail market reached 650 million yuan (US$95 million) in China. With the continuous improvement of AI solution capability and increasing demand, it is estimated that the market will reach 2.67 billion yuan (US$390 million) by 2022, and CAGR will reach 44.6% in 2018-2022. The main reason for the […]
Baidu won the bid for the largest domestic intelligent transportation project
Apollo intelligent travel technology (Guangzhou) Co., Ltd., a subsidiary of Baidu Apollo, won the bid of “new infrastructure project of intelligent transportation for automatic driving and vehicle road coordination” in Guangzhou Development Zone, Huangpu District, Guangzhou.
Top 10 AI Cities in China
The Intelligent Cities Index China by The University of Sydney provides a ranking of Chinese cities according to their activity in the emerging field of Artificial Intelligence. It provides a resource for decision-makers and stakeholders who want to gain a regional and geographic overview of AI activity in China.
Xiaomi in Q1 2020; overseas market accounts for half of total revenues
In Q1 2020, Xiaomi’s total revenue for the period reached RMB49.7 billion, representing an increase of 13.6% year-over-year. Adjusted net profit for the period was RMB2.3 billion, an increase of 10.6% year-over-year.
Baidu in Q1 2020; search App DAU 222 million, up 28%
Baidu’s total revenues declined just 7% year-over-year in Q1 2020, resulting from its diversified revenue streams, including marketing services for wide-ranging industries, new AI businesses, and iQIYI.
Megvii to empower cosmetics retailers with virtual makeup solutions
Kuangshi Technologies, or Megvii as China’s largest facial recognition developer, released FaceStyle beauty cloud solution to empower the beauty industry with AI technologies such as face recognition and human image processing. Through the online makeup trial SDK/API and offline makeup trial app solutions for brick-and-mortar stores, consumers can easily and virtually try out the makeup […]
Baidu highlights in Q4 2019; app DAU up 21% to 195M
Baidu App’s average daily active users (“DAUs”) reached 195 million, up 21% year over year, in December 2019. Baidu’s content network BJH publisher accounts for Baidu feed reached 2.6 million, up 38% year over year, in December 2019.
MWC Barcelona 2020: 5G, IoT, AI, Security
Innovative breakthroughs are happening every day in the tech and mobile world, which makes it challenging to pinpoint exactly what topics we’ll be concentrating on this year. With all this mind, our content team spent the past few months diligently researching the most cutting-edge and impactful topics for MWC Barcelona 2020. The next era in technology […]
Xiaomi in Q3 2019; IoT platform saw 213 million connected devices
The number of connected IoT devices on Xiaomi’s IoT platform reached approximately 213.2 million in Q3 2019, up 62.0% YoY. The number of users who have five or more devices connected to Xiaomi’s IoT platform increased to 3.5 million, an increase of 78.7%. MAUof MIUI, Xiaomi’s Android-based operating system, reached 291.6 million. In September 2019, […]
Baidu in Q3 2019: search, AI, voice assistant, roboTaxi
Baidu App traffic continues to grow with DAUs reaching 189 million, up 25% year over year, in September 2019, according to Baidu’s announced financial results.
Baidu highlights for Q2 2019; voice queries up 7.5 fold
Baidu delivered a solid second quarter in 2019 with revenues reaching RMB 26.3 billion, growing 9% QoQ, and Baidu Core revenues growing 12% QoQ. In June, Baidu App DAUs reached 188 million, up 27% year over year, in-app search queries grew over 20% year over year and smart mini program MAUs reached 270 million, up […]
Xiaomi performance highlights in Q1 2019
In the first quarter of 2019, Xiaomi recorded RMB43.8 billion in revenue, representing an increase of 27.2% over the corresponding period of 2018. Profit for Q1 2019 grew to RMB3.2 billion and Adjusted Net Profit grew 22.4% year-on-year to RMB2.1 billion.
GSMA Outlines New Developments For MWC Shanghai 2019
New Speakers Announced from Alibaba, ATM, China Mobile, General Electric Power, JPMorgan Chase, Lenovo, Qualcomm, Shenzhen Valley Ventures; GSMA Outlines AI Accelerate Programme; Innovation City To Showcase Latest Mobile Technologies.
Baidu performance insights for Q1 2019; search reached 1.1 bn devices
In March, Baidu’s mobile reach expanded to 1.1 billion monthly active devices while DuerOS voice assistant installed base reached 275 million devices and generated 2.37 billion monthly voice queries.