On March 30, Huawei officially released its 2017 annual report. The report shows that the Huawei’s operator business achieved 297.8 billion yuan ($46.6 billion) in sales revenue, an increase of 2.5 percent year-over-year.
China has rapidly developed into the world’s long-standing leader in mobile payments. Foreigners visiting China are always surprised by the prevalence of convenient mobile payments. In recent years, Alibaba and Tencent has accelerated their overseas development, especially in Southeast Asia.
Mobike, China’s shared bicycle giant, will officially enter the Japanese market this year starting with Tokyo in June. Mobike will enter several Japanese cities this year with 30,000 bicycles. Mobike will cooperate with convenience store giants and restaurant chains to set up dedicated spaces to park bicycles in their shops.
The Samsung S9 is currently the only smartphone on the market with the Snapdragon 845. Many consumers, especially Chinese users, are looking forward to more cost-effective smartphones. Xiaomi and OnePlus are ready to launch new products. Tech blog techslize.com leaked a spec sheet for the OnePlus 6.
In March 22nd, Nubia held a press conference in Beijing and officially released the V18. The V18 is regarded as the “young man’s new device” by Nubia, with attractive design and photography features.
On March 21, Meizu held a press conference in Beijing for its E3 release. This phone features multiple attractions: full screen, dual camera and side fingerprint sensor, and will become a very competitive product this year.
Chinese consumers commonly order takeout with Meituan and hail rides with Didi. Yet, the two seemingly unrelated apps will start to compete with each other. Meituan will unveil ridesharing service on March 21 in Shanghai, while Didi will finalize preparations for the launch of its takeout business.
Lenovo, a consumer electronics household brandname in China, ceased its mobile phone business in 2017. The company is only represented by the Motorola brand in China. Now, a year later, Lenovo released several new mobile phones on March 20.
Xiaomi will hold a new product launch event in Shanghai on March 27 to release the new Xiaomi flagship MIX 2S. With eight days left on the countdown, Xiaomi released a poster with the slogan “a technology, an art”.
“China will dominate the field of AI in 2018,” said Amy Webb in the annual Science and Technology Trends Report. Webb is the founder of Future Today Institute and a professor of New York University. Webb predicted that nine tech giants, including Alibaba, will dominate the future of artificial intelligence.
Chinese mobile payments have made new moves in going abroad. On March 15, Ant Financial’s Alipay platform entered the markets in Cambodia, Laos, the Philippines and Burma to serve Chinese tourists.
Shanghai Automotive Group Co., Ltd. (SAIC) signed a 50.1:49.9 share joint venture contract with Austrian TTTech Computertechnik AG (TTTech) to accelerate development of an intelligent electronic control unit (iECU) and enhance core technical capabilities in smart driving.
In 2018, car manufacturer Renault celebrated its 120th birthday. On March 7, Dongfeng Renault held its “Brand Night” in Shanghai and released its “Mid-term Business Plan” for 2022. Renault announced that it has partnered with Alibaba Group in technology and new retail services as a key part of Renault’s “In China, For China” strategy.
