Market & Industry
Automakers listed on Fortune’s Top 500 Chinese companies
Automakers listed on Fortune’s Top 500 Chinese companies

Fortune China has released the latest Fortune China Top 500 list on July 10, 2018. A total of 28 automakers and auto parts’ suppliers have entered the list.

Jul. 18 , 2018
Xilinx announces acquisition of China AI chip startup DeePhi Tech
Xilinx announces acquisition of China AI chip startup DeePhi Tech

Xilinx, the global leader in adaptive and intelligent computing, announced on July 18 that it has acquired DeePhi Technology Co., Ltd (DeePhi Tech), a Beijing-based startup with industry-leading capabilities in machine learning.

Jul. 18 , 2018
Didi procures $500 million investment from global travel firm Booking Holdings
Didi procures $500 million investment from global travel firm Booking Holdings

Chinese ride-hailing giant Didi Chuxing and Booking Holdings, the global leader in travel e-commerce, announced on July 17 that two companies have formed a strategic partnership to build up across-the-board mobility service ecosystem.

Jul. 17 , 2018
WEY Pi4 VV7x spied on roads
WEY Pi4 VV7x spied on roads

The mass-produced version of the WEY Pi4 VV7x was spied on road test. According to the spied shots, the new model basically retains the styling of a concept sports SUV.

Jul. 16 , 2018
Changan Automobile H1 net profit to slump 63.21% to 67.54% year on year
Changan Automobile H1 net profit to slump 63.21% to 67.54% year on year

Chongqing Changan Automobile Co., Ltd (Changan Automobile) forecasted that its net profit attributable to shareholders may reach RMB 1.5billion to RMB 1.7billion for the first half of this year, slumping 63.21% to 67.54% year on year.

Jul. 16 , 2018
CH-AUTO Technology, NavInfo reach agreement to co-develop autonomous driving, IoV tech
CH-AUTO Technology, NavInfo reach agreement to co-develop autonomous driving, IoV tech

Chinese car design company CH-AUTO Technology and the Beijing-based NavInfo recently signed a strategic cooperation framework agreement in Beijing to promote both parties’ business development and strategic deployment in autonomous driving and IoV.

Jul. 16 , 2018