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Baidu Appoints Dr. Qi Lu as Group President and Chief Operating Officer

17 Jan baidu-image-e1450107108325-768x384

Baidu, Inc. (“Baidu” or the “Company”), the leading Chinese language Internet search provider, today announced the appointment of Dr. Qi Lu as Baidu’s Group President and Chief Operating Officer, in charge of products, technology, sales, marketing and operations, effective immediately. (more…)

China’s Tsinghua Unigroup to Continue Expansion, Build Foundries in Chengdu, Nanjing

12 Jan unigroup111301-624x414

China’s government-backed Tsinghua Unigroup will invest US$46 billion in two foundries in Chengdu and Nanjing and continue its expansion and talent poaching in 2017, according to company chairman Zhao Weiguo. (more…)

Why Did the Head of Twitter China Just Resign?

4 Jan twitter-logo_blue-624x327

On December 31, Twitter’s Managing Director for China, Kathy Chen, announced her departure from the company. “Now that Twitter’s APAC [Asia Pacific] team is working directly with Chinese advertisers, this is the right time for me to leave the company,” she wrote in a tweet. (more…)

One More Captain To Jump The Ship; Shang-Yi Chiang, Former TSMC COO, To Join SMIC As Independent Director

26 Dec 1002-tsmc-fab2-624x411

It was rumored on the 20th of December that Rick Tsai, the former CEO of TSMC and Chairman of Chunghwa Telecom, would join China’s Tsinghua Unigroup, which caused a sensation, yet later got denied by Tsai himself. Just a day after that, SMIC, one of China’s leading wafer OEMs, announced that it had recruited Shang-yi Chiang, the former COO of TSMC, to serve as Independent Non-executive Director. This is the second bombshell that has hit the industry this month.

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Baidu May be Planning an IPO for Its Video-Streaming Site, iQiyi.com

24 Dec baidu-image-e1450107108325-768x384

By Mudit Mohilay, The Tech Portal

Baidu may be planning an initial public offering of its video streaming website, iQiyi.com. The news comes from the Wall Street Journal, that has been citing people close to the deal as the main source of its information. The deal will allow the Chinese giant to raise additional funds, although no word on the schedule of such an IPO could be obtained. (more…)

TCL May Launch a Couple of Brand New BlackBerry Devices at the CES

24 Dec blackberry-wallpaper-14-990x557

By Mudit Mohilay, The Tech Portal

BlackBerry washed its hands off hardware manufacturing this year. The company took this decision in order to focus more of its attention on the profitable software arm and to let go of the mobile manufacturing business, that was mostly redundant. (more…)

Snap Inc. Is Opening a New Research and Development Office in China

23 Dec snapchat-spectacles-990x534

By Mudit Mohilay, The Tech Portal

Snapchat’s spectacles are a pretty high point for the company. The company has really put in a lot of efforts in marketing the gadgets — even though the marketing was rather unconventional and in form of pop-up shops. The company seems to have some seriously high hopes from its spectacles and as such, it is now opening a brand new R&D technology office in Shenzhen, China. (more…)

China’s National IC Fund Will Begin to Shift Its Development Focus from Foundries to Fabless IC Design, Says TrendForce

21 Dec shutterstock_188522612-624x416

China’s National Integrated Circuitry Investment Fund (here referred to as “National IC Fund”) has committed to invest nearly RMB 70 billion into the domestic semiconductor sector since its creation in 2015. (more…)

China Mobile’s MIGU Partners with ODG to Bring Augmented Reality to Consumers in China

20 Dec migu-group-logo

ODG (Osterhout Design Group), a leading designer and manufacturer of augmented, virtual and mixed reality smartglasses and products, has announced an exclusive partnership with China Mobile Communications Corporation’s (“China Mobile”) subsidiary MIGU Video Co., Ltd. (“MIGU”) to bring ODG smartglasses to China. (more…)

Starbucks and Tencent Announce Strategic Partnership to Launch Social Gifting on WeChat in China

9 Dec 4086050844_e8c3485a95_z-624x468

Starbucks Coffee Company and Tencent Holdings Limited, a leading provider of internet value-added services in China, today pioneered a strategic partnership to co-create a new social gifting feature on WeChat, China’s leading mobile social communications service, in early 2017. (more…)