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Intel will invest USD5.5 billion in Dalian to transform its existing local plant into a storage chip manufacturing plant. Intel said that the Dalian plant started operation in 2010 and it will start making storage chips from the second half of 2016. Over the next three to five years, Intel will invest up to USD3.5 billion in this plant and they will increase the investment to USD5.5 billion in the future. Though most of Intel's operating ...
IBM and China Electronics Corporation jointly announced that they will establish a joint innovation lab and begin in-depth cooperation. The joint innovation lab is based on the collaborative innovation model of IBM and its partners. It will combine technology and talent resource advantages of IBM and its partners such as CEC to help those partners break innovation barriers. ...
Alibaba Group announced that its YunOS will enter the smart wearable device market with the launch of YunOS for Wear. According to Gu Zhicheng, head of smart hardware for the YunOS business unit, YunOS for Wear can be applied to smart wearable products unilaterally or paired with smartphones and external apps. Gu said YunOS for Wear provides research and development infrastructure ...
China-based ZTE Corporation has signed a memorandum of understanding with Malaysia's U Mobile Sdn Bhd for the development of Pre5G mobile broadband technologies. The partnership will help U Mobile deliver substantial network performance upgrades using ZTE's proprietary Pre5G technologies including Massive MIMO. The MOU, signed in Shenzhen by Too Tian Jen, Chief Technology Officer of U Mobile, and Steven Ge, Managing Director ...
Tmall Global, the international branch of Alibaba's Tmall.com, has reached an exclusive strategic deal with South Korea's largest duty free store group the Shilla Duty Free and Thailand's largest duty free store group King Power to commence a global duty free project in China. According to Liu Peng, general manager of Tmall Global, this is an innovation for cross-border e-commerce. By introducing overseas duty free stores to Chinese consumers, ...