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News on the Internet & Tech Industry in China

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Chips on the table

A former AMD partner in China is set for a blockbuster Shanghai listing
Nov 26, 2021 (WiC 565)

What does it mean to achieve enlightenment? Mahayana Buddhism claims it’s a state that already exists inside each of us. However, few have been awakened to it because our brains are clouded by the three poisons of anger, greed and ...

How is Tencent faring in the new regulatory era?
Nov 19, 2021 (WiC 564)

A ‘Sweeping Black Storm’ has gripped China’s entertainment world in recent weeks. It might sound like another chapter of climate crisis but it’s actually the literal English translation of the country’s most-watched TV drama of the ...

Zhou’s latest IPO

Kuaishou’s smaller rival seeks Hong Kong listing
Nov 5, 2021 (WiC 562)

While property brokerage platforms like Beike are laying off staff amid slowing home sales (see last week’s Talking Point China’s plans to introduce a property tax), Kuaishou is charging headlong into the real estate brokerage ...

Who is making Alibaba’s cutting edge new chip?
Oct 29, 2021 (WiC 561)

Put two monsters from the movie world together and you get Godzilla vs Kong, a Hollywood blockbuster that hit cinema screen in March. But over in the tech world, is there a similar monster slugfest going on involving the ‘Chipzilla’ of the ...

Network reduction

Microsoft’s LinkedIn is leaving China too
Oct 22, 2021 (WiC 560)

Like many of the world’s top social media brands, LinkedIn has a noble vision. In its case the commitment is to creating economic opportunity for ‘everyone’ in the global workforce. That looked like a tougher task when it announced it was ...

Not our best choice:

Tunghsu Optoelectronics A few of the 30 companies in our index failed to meet expectations, none more so than Li…
Sep 24, 2021 (WiC 560)

“The biggest test for a budding entrepreneur isn’t overcoming technological difficulties or sleepless nights but distrust from all corners of society,” Tunghsu group founder Li Zhaoting told the China Daily back in 2015. Li’s critics ...

Digital realities

Tencent and Bytedance are racing to plant their flags on the ‘metaverse’
Sep 24, 2021 (WiC 557)

For a long time Guy thinks that he is just an ordinary bank teller at a place called Free City. He follows the same routine every day with a blasé attitude, until one day he meets Molotov Girl. Feeling an electric attraction for the edgy lady, ...

Gathering clouds

Is China about to create a state-owned cloud services heavyweight?
Sep 3, 2021 (WiC 554)

“It is a capital mistake to theorise before one has data,” warns Sherlock Holmes, the super sleuth of Arthur Conan Doyle’s novels. ‘Data’ – that precious commodity that Holmes was earlier than most to put a premium value on – is ...

Xiaomi boss pledges to top smartphone sales
Aug 27, 2021 (WiC 553)

Lei Jun bought his first pair of ripped jeans in 2018. He did so not as a fashion statement but to symbolise instead his regret at the poor stock market debut of his smartphone firm Xiaomi in Hong Kong that year (see WiC415). After pricing at the ...

AI unicorn CloudWalk gets nod for STAR Market IPO
Jul 30, 2021 (WiC 551)

The polygraph, so beloved in spy films and detective novels, is underpinned by the idea that a liar can be caught out through physical symptoms. The technology uses contact sensors to detect changes in pulse, blood pressure, breathing rate and ...

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