More than 60% of Chinese executives say Chinese companies will become more competitive in the face of European and American companies than they used to be. In contrast, 40 percent of North American executives and 45 percent of European executives say the market will be less competitive than China after the outbreak. In recent research […]
IDC predicts that by 2024, China’s Internet of Things (IoT) market spending is expected to reach approximately US$300 billion, with an annual compound growth rate of 13.0% in the next five years. In 2024, China will account for 26.7% of global IoT spending, surpassing the United States to become the world’s largest IoT market. Different […]
Baidu non-marketing revenues grew by 52% year over year in the fourth quarter of 2020, according to its quarterly earnings results.
Digital transformation is not accomplished overnight, and “technology + business” will have a long-term running-in process. The future will be an era of the interconnection of all things, and connection will be the core element of bridging the gap and releasing digital value. IDC releases forecasts for China’s future connectivity. 1. Digital transformation challenges By […]
By 2023, more than 15% of consumer-centric AI methods and systems in China’s financial, medical, government and other regulated public sectors will explain the relevant regulations of their analysis and decision-making processes, according to IDC’s forecast.
50% of China’s top 2000 enterprises will use AI to develop risk-based operational decision guidance and insight; the time to market will be reduced by 55%, according to forecasts from IDC. 1. AI risk decision By 2026, 50% of China’s top 2000 enterprises will use artificial intelligence to develop risk-based operational decision guidance and insight, […]
Baidu (NASDAQ: BIDU) holds the most AI-related patents and has filed the most AI-related patent applications of any company or organization in China, according to a recent study published by China’s Ministry of Industry and Information Technology (MIIT). Baidu has been granted 2,682 AI-related patents and has filed a total of 9,364 AI-related patent applications […]
Alibaba Group revealed its New Manufacturing model for the first time with the unveiling of Xunxi Digital Factory (“Xunxi”) on 16 September 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 […]
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.
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.
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.
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 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.
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 […]