Tag: Huawei

BusinessRoboticsTechnology

Chinese Robotics Firm Secures $200 Million Investment Before Planned Public Listing

Shenzhen-based Leju Robotics has secured over $200 million in new funding from investors including state-backed entities. The company plans to use the capital to develop new robots and scale production ahead of a planned public listing, according to reports.

Major Funding Round for Robotics Developer

Chinese humanoid robot manufacturer Leju Robotics has reportedly raised more than $200 million in fresh funding ahead of a planned initial public offering, according to company statements released Wednesday. Sources indicate the substantial investment demonstrates continued confidence in China’s emerging robotics sector as it positions itself against international competitors.

by Ortega Rafael
Assistive TechnologyBusiness

Apple’s iPhone 17 Series Boosts China Shipments Amid Sluggish Smartphone Market

Apple’s smartphone shipments in China grew 0.6% year-over-year to 10.8 million units in the third quarter, according to IDC data. The iPhone 17’s value-for-money positioning reportedly helped Apple achieve slight growth while competitors declined in China’s challenging smartphone market.

Apple Defies China Smartphone Market Slump with iPhone 17 Success

Apple’s smartphone shipments in China showed resilience in the third quarter, growing 0.6% from a year earlier to 10.8 million units despite overall market weakness, according to data from research firm International Data Corporation. The company secured the second-highest shipment tally during the period, capturing a 15.8% market share in the world’s largest smartphone market.

by Bennett Laura