Category Archives: Company

Student start-ups inspired to enter the driverless car market

Beijing, China — On a rainy day in the mid-of November in Hubei province, China, racing cars were running on the Xiangyang Dream Formula track. The strange thing was the cars had no drivers behind the wheel. Instead of sitting behind the steering wheel, drivers were standing not too far behind the start line. Actually, they are engineering students of the Chinese universities who were participating the 2017 Formula Student China sponsored by Aiways. Seven teams brought driverless cars to the Formula Student China competition. The Organizing Committee introduced the driverless formula car race this year. 

“The driverless car race is becoming popular in China,” said Kuang Shu Chi(匡书池),  a new member of Hefei Technology University’s Formula Student driverless team.

Kuang Shu Chi(匡书池), 24, switched his major from a machinery engineering to autonomous car because of growing the demand.

China’s driverless car market is expected to reach 200 billion RMB in 2020, and there will be around 8.6 million autonomous vehicles on the road by 2035, according to the China Industrial Information Network. This forecast has not only inspired thousands of students like Kuang Shu Chi(匡书池), but also hundreds of start-ups like KITTCAMP to enter driverless car industry in China.

Continue reading Student start-ups inspired to enter the driverless car market

Advertisements

Comcast CEO Brian L. Roberts visited at Tsinghua

Nov. 02, 2017, By Naanga

Brian L. Roberts: The Universal Beijing will be the best theme park in the world, according to his visit at Tsinghua.

Beijing, China (Tsinghua) — On Oct. 29, 2017, the member of the Advisory Board of Tsinghua University School of Economics and Management, Brian L Roberts, chairman and CEO of the Comcast Corp., was invited to have a face-to-face dialogue with Qian Yingqi, a Dean of School of Economics and Management, and Tsinghua’s students.  Continue reading Comcast CEO Brian L. Roberts visited at Tsinghua

‘The Belt and Road’ Inflight Internet Fund will support inflight internet by 10 billion yuan

The Chinese Government’s Announces its Ambitious Inflight Internet Plan

Oct. 31, 2017, 09:07 AM | PRESS RELEASE PR Newswire

Signing Ceremony
Signing Ceremony, Oct. 9, 2017 (PRNewsfoto/Bluefocus IFEC)

BEIJING, Oct. 31, 2017, /PRNewswire/ –  China’s domestic and foreign airlines plan to launch more than 100 new international routes along the #BeltandRoad Initiative. Meanwhile, newly established ‘The Belt and Road’ Inflight Internet Fund will increase the number of aircraft with in-flight Wi-Fi. The fund’s capital injection is measured ten billion yuan. China now has only 140 Wi-Fi-enabled aircrafts in operation, representing only 6% of the total size of China’s civil aviation fleet, according to the statistics. On the other word, each year nearly 500 million passengers are not connected to the most basic internet services during their flight. So the Chinese government has taken note of this high demand. In this article, you can find the more detailed statistic about Chinese netizens and inflight users.

Comment by Naanga

Apple earnings beat expectations, iPhone 7 plus strong demand pushes sales

October 28, 2017, By Naanga

Beijing, China (_____) – Apple Inc’s third-quarter revenue topped analysts’ estimates, as the iPhone maker benefited $1.67 a share from high demand in iPhone 7 Plus. Analysts of the Wall Street had expected on average revenue to post $44.4 billion and earnings per share of $1.56.

After the earnings released, Apple’s shares rallied 5.5 percent to $158.3 trade at a record level, hits its previous all-time high of $156.6, in extended-hours trading at NYSE, according to MarketWatch. Apple share has gained 38 percent this year, surpassing double-digit gains by both the Dow Jones Industrial Average and S&P 500.

Continue reading Apple earnings beat expectations, iPhone 7 plus strong demand pushes sales