Tech & Startup news: China
China’s technology and startup news in February 20201 touched on items across a range of subjects: Blockchain, Huawei’s Harmony operating system, ongoing trials of the digital yuan, mobile and online gaming and, of course, semiconductors.
Items listed below are China’s tech and startup news headlines; each news headline links directly to a free-to-read, online article for that headline, available to read in full online. In this way, Startup News Asia’s readers get 2 things instantly:
- an at-a-glance overview of China’s technology news in February 2021 ; and
- one-click access to full details on the China tech news that interest you most.
Technology news: February 2021
Artificial intelligence | Blockchain | Cryptocurrency
Cybersecurity | FinTech
- China: Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina, preps for launch
- Huawei HarmonyOS: “No discernible difference between Huawei’s ‘all-new’ operating system and Android”
- China: A brief overview of smartphone shipments – an estimated 86.4M units in Q4 2020, and 326M units for the full year
- ICYMI: UK’s Ofcom, regulatory body for communication services, revokes China Global Television Network broadcast licence over ownership and control issues
- China: Nio electric-vehicle maker partnered by Hefei local government to establish new EV industrial park, building on previous Hefei gov’t funding of $1BN
- China’s TikTok to launch version of its app on Android TVs in France, Germany and the UK in move to diversity its audience
- ICYMI: SWIFT global cross-border payments firm establishes JV with China’s central bank digital currency research institute, seen as move to explore global use of digital yuan
- China: Blockchain-based Service Network, state-backed blockchain infrastructure firm, to offer financial auditing for Ethereum developers via Ernst & Young auditor partnership
- ICYMI: Lithuanian gov’t blocks contract with China’s Nuctech for baggage X-ray scanning at 3 main airports, saying data will become available to Chinese intelligence services
- China: Beijing Gov’t to give away $1.55M to residents during Chinese New Year as further step in digital currency trials, with 50K individuals receiving $30 in e-CNY lucky draw
- China: Suzhou city to add to digital currency trials with $5M airdrop, with 150K citizens set to receive digital currency by lottery, with a set time period within which to spend
- China: Clubhouse social media app blocked due to accessibility of topics including Taiwan and human rights abuses of Uyghurs in Xinjiang
- China: KPMG releases annual selection of the country’s top fintech companies, The 2020 China Fintech 50
- China: Plus, self-driving truck tech developer, completes $200M Series B funding round, aiming to grow US and China operations and expand to Europe and parts of Asia
- China: “Weibo tells me it can lend me money; the delivery app tells me it can lend me money; and now even the photo editing app tells me it can lend me money”
- China: Huawei in talks to acquire Xunlian Zhipay payments firm and clearing house, gaining licenses required to offer its own financial services in the deal
- China: A look at the recent clash between Huawei and Tencent over gaming revenue, and a look at the wider gaming market in China
- China: A brief look at the growth of livestreaming ecommerce in the country, with a focus on this year’s New Year Gala
- China: An overview of concerns around the country’s home-grown semiconductor industry, focusing on a recent high-profile fraud case
- China: WM Motor electric vehicle firm secures $1.8BN credit line from consortium of 11 domestic commercial banks
- TikTok reportedly planning major e-commerce push into the US to take on Facebook, adding live-streamed shopping, mobile TV shopping channels and more
- China: Ant Group’s MYbank and Tencent’s WeBank reportedly to join trials of the digital yuan, adding digital wallets to People’s Bank of China’s digital yuan app
- China: AkroStar semiconductor design firm, known as Xinyaohui in China, gains pre-A funding of $62M as the country ramps up chip independence moves
- MIST program shifts focus to UN SDGs with renaming to Mekong Innovations in Sustainable Tourism, serving Cambodia, China, Laos, Myanmar, Thailand and Vietnam
- Cambodia: Techo Startup Center and Huawei sign MOU around developing TSC’s startup ecosystem, tech infrastructure and range of services for tech startups
- ICYMI: Huawei launches developer lab in Singapore to provide software dev resources to those building apps for Huawei Mobile Services, its alternative to Google
- ICYMI: The race to Mars heats up with 3 spacecraft from 3 nations reaching Mars orbit this month – from the US, China and the UAE
Asia’s tech news, today
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