Articles Tagged with "Supplier"

China encourages foreign auto companies further investment in local market
China encourages foreign auto companies further investment in local market

China is encouraging foreign enterprises to expand their investments in the world’s largest auto market, according to Vice Commerce Minister Wang Shouwen.

Apr. 2 , 2022
NavInfo delivers turnaround with 140% YoY soar in net profit in 2021
NavInfo delivers turnaround with 140% YoY soar in net profit in 2021

China’s navigation player NavInfo delivered a turnaround from loss to profit in 2021, with a 139.26% year-over-year soar in net profit, according to its 2021 annual performance report released on March 30th.

Mar. 31 , 2022
Ningbo Tuopu Group projects at least 41% YoY jump in net profit in Q1 2022
Ningbo Tuopu Group projects at least 41% YoY jump in net profit in Q1 2022

China’s leading auto parts supplier, Ningbo Tuopu Group projected a 50% to 54% year-on-year surge in revenue in the first quarter of 2022, according to the company’s performance preannouncement released on March 29th.

Mar. 30 , 2022
NavInfo’s NaviSystem to develop parking system for Alpine China
NavInfo’s NaviSystem to develop parking system for Alpine China

China’s leading navigation servicer, NavInfo, announced on March 11th that its subsidiary, NaviSystem, has struck a deal to develop a panorama parking image system for Alpine Electronics China (Alpine China).

Mar. 11 , 2022
Joyson Electronics projects RMB7.4 billion in Jan.- Feb. revenue
Joyson Electronics projects RMB7.4 billion in Jan.- Feb. revenue

Joyson Electronics, China’s leading component supplier for global automotive manufacturers, is projected to see its Jan. to Feb. revenue reach RMB7.4 billion ($1.17 billion), the company announced on March 10th.

Mar. 11 , 2022
Baidu becomes shareholder to local LiDAR supplier ZVision
Baidu becomes shareholder to local LiDAR supplier ZVision

China’s tech giant, Baidu, and CICV were newly added as shareholders to local MEMS LiDAR supplier, ZVision, on March 8th.

Mar. 10 , 2022