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For any questions, please reach out to our editorial department. However, we are not responsible for the accuracy of the information. (China Money Network’s articles are curated and translated from credible Chinese media organizations with established brands, experienced editorial teams, and trustworthy journalism practices. Under the influence of factors such as the increase in the number of IoT connections, the slowdown of smartphone innovation, and the dual drive of hardware and scenario, the interactive models of electronic products are expected to usher in new iterations and updates, and the growth of consumer-level AIoT era is expected. CICC is optimistic about the Internet of Everything (IoE) to take over smart phones and start the next decade of consumer electronics innovation cycle. However, it will take several years to complete the equipment on half of the cars in use worldwide.ĬICC: Internet of Everything opens a new decade, the growth of consumer-level AIoT is expectedĪccording to CICC’s research report, with the maturity of underlying technologies such as 5G and AI, they look forward to the gradual prosperity of next-generation applications represented by wearable devices, AR/VR, smart homes and smart cars. All other readers will be directed to the abstract and would need to subscribe.
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Please Note: Only individuals with an active subscription will be able to access the full article. Currently, in major markets such as China, Europe, Japan, and the United States, one-third of new cars have been equipped with ADAS functions. HONG KONG: Chinese medical data group LinkDoc Technology Ltd has shelved its listing in the United States to raise up to US211 million following Beijings clampdown on overseas listings. Subject: LinkDoc’s US Listing In Jeopardy Following Chinas New Data Security Requirements Add a personalized message to your email.
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Global market research firm Canalys released the latest research report, pointing out that by the end of 2020, only 10% of every 1 billion vehicles in use worldwide are equipped with advanced driver assistance systems (ADAS).
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After this round of financing, the company will continue to rely on AR/AI technologies such as space computing, AR cloud, natural interaction and AR smart hardware to strengthen and upgrade the AR platform HiAR Space and accelerate application of their products and services in vertical industries.Ĭanalys: Only 10% of every 1 billion cars in use are equipped with ADAS The new round was led by CITIC PE, with participation from Jadex Capital, Esmartwave and other existing investors such as V Star Capital, Sincere Capital, Ondice Capital, MYEG, etc. Health, the company’s Hong Kong-listed healthcare division with a market cap of more than HK241 billion (31 billion), invested in LinkDoc in an effort to jointly build a full-disease cycle service platform for cancer patients, according to a China Daily report.
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LinkDoc plans to raise US$300 million before HK IPOĪlibaba-backed medical information platform LinkDoc Technology will start a new round of financing before Hong Kong IPO, and plans to raise US$300 million.ĪR company HiScene completes a RMB270 million series C+ roundĪR technology company HiScene announced the completion of a RMB270 million series C+ round financing.
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Robovan’s design is based on Jiangling’s battery electric vehicle model, equipped with WeRide’s full-stack software and hardware solutions. If you require advice in relation to any financial matter you should consult an appropriate professional.WeRide launches first L4 self-driving cargo vanĬhinese autonomous driving technology developer WeRide launched its first L4-level self-driving cargo van yesterday and announced that it will work with Jiangling Motors, a major Chinese automobile manufacturer, and ZTO Express, a leading express delivery company in China, to drive mass production and the commercialization of the newly unveiled WeRide Robovan. Nothing on this website constitutes, or is meant to constitute, advice of any kind. Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. This website is provided “as is” without any representations or warranties, express or implied. See also AMC Short Interest, GME Short Interest, Scion Asset Management, Vanguard Group, Point72, Sabby,īaker Brothers, Citadel Advisors, Himalaya Capital, Baillie Gifford, See our Privacy Policy and Terms and Conditions.
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