Xiaomi opens camera tech research unit in Finland

By Rachel Zhang

Jul 15, 20191 min read A sign advertises Xiaomi’s Mi 9 phone in a Shanghai mall on March 22, 2019. (Image credit: TechNode/Cassidy McDonald)Chinese smartphone maker Xiaomi has set up a research and development unit in Finland focusing on camera tech…

BAT becomes JAT on Fortune China 500 as JD improves

By Rachel Zhang

Jul 11, 20191 min read Online retailer JD.Com ranked highest among tech firms at 17th in the latest edition of Fortune’s top 500 Chinese companies released on Wednesday. Alibaba Group came in at 24th and Tencent at 33rd. Baidu was way off the pace i…

Huawei taps domestic lenders for $1.5 billion loan

By Rachel Zhang

Jul 10, 20191 min read Huawei plans to raise $1.5 billion from a group of domestic lenders, an anonymous source familiar with the matter told Bloomberg. The move will mark the Chinese telecom giant’s first offshore syndicated loan secured without an…