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News on Internet & Tech Industry in China

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At arm’s length

Can ARM’s new joint venture bolster China’s chip ambitions?
May 25, 2018 (WiC 410)

A lot has been written about the famous ‘invisible hand,’ which the Scottish economist, Adam Smith, described to illustrate his belief that the cumulative impact of individual self-interest benefits society at large because free markets are ...

China’s equivalent of SpaceX
May 25, 2018 (WiC 410)

He bills himself as China’s answer to Elon Musk and last week, Shu Chang achieved his ambition of leading the first Chinese company to launch a privately developed rocket. Well, sort of. Shu’s company, OneSpace Technology, is behind the ...

Love your country more!

Techno-nationalists target former champion Lenovo
May 25, 2018 (WiC 410)

In the 1980s Japanese manufacturers were clobbering their American competitors. Books like Japan as Number One by Harvard professor Ezra Vogel were bestsellers and ‘techno-nationalism’ was spreading in the political world. The term ...

Is China’s most profitable internet firm still capable of innovating?
May 18, 2018 (WiC 409)

After a market research firm reported earlier this month that short video app Douyin was the most downloaded non-game app in Apple’s App Store in the first quarter of this year, Zhang Yiming made an announcement on his social media account to ...

Will it be China’s Samsung?

What is Xiaomi and is it worth $100 billion?
May 11, 2018 (WiC 408)

Before founding Xiaomi in 2010, Lei Jun is said to have been given the chance to invest in China’s biggest internet duo, Tencent and Alibaba (now worth almost $1 trillion combined). In 1998 Lei was 29 but already the general manager of ...

Roaring revenues

Alibaba courts controversy, but delivers results
May 11, 2018 (WiC 408)

In many languages, one of the first words that babies utter is Baba, much to the delight of fathers the world over. But in investor parlance, the term is more likely to denote the all-conquering BABA, at least if the company behind the New York ...

Goodbye Mr Chips

Why TSMC has become a hot topic amid talk of Sino-US ‘tech war’
May 4, 2018 (WiC 407)

You suspect that the moment of ‘peak oil’ might have passed when Saudi Arabia says it is diversifying away from the fossil fuel. The Saudis are even building the $500 billion Neom city (literally, ‘new future’) which is set to be served ...

Back to the future

Hisense has plans for a 5G revival in smartphones
May 4, 2018 (WiC 407)

In its advertising campaigns, the television maker Hisense invites customers to “stimulate their senses”. The commercial hasn’t been having the same effect on its investors. The Qingdao-based firm is a long-established manufacturer, ...

Hearty addition

Alibaba has just joined China’s ‘chip war’
May 4, 2018 (WiC 407)

It is not quite up there yet with the day that Steve Jobs met Steve Wozniak while he was out walking round his neighborhood with a school friend back in 1971. But the day that Qi Xiaoning decided to join an evening class taught by Jack Ma may ...

What’s your best bid?

DJI plays private equity funds off against each other in latest capital raising
Apr 27, 2018 (WiC 406)

Who wouldn’t want to be a private equity investor in the Chinese tech sector at the moment? The country’s firms are at the forefront of new trends in so many fields. According to a survey by the Ministry of Science and Technology last month ...

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