After a massive capital injection into the virtual reality (VR) sector from the end of 2015, investors are now becoming more cautious as an increasing number of players enter the market, fueling a bubble in the emerging sector.
Beijing Baofeng Technology Co Ltd, an internet entertainment and technology company, plans to build a VR ecosystem, which includes content production, hardware, software and offline store expansion to boost the overall development of the sector.
Competition among smartphone makers has intensified as Shenzhen-based Protruly Vision launched the world's first smartphone that can shoot virtual reality (VR) photos and videos, which analysts call a "technological milestone".
JD Finance, the online-finance arm of JD.com Inc, China's second-largest e-commerce player, has launched the joint venture ZRobot, with US-based financial technology company ZestFinance to provide data-technology services to the financial industry and boost the development of consumer credit in China.
Big data and artificial intelligence are driving the development of China's e-commerce giant JD.com Inc, and are expected to help the company provide better user experience, reduce costs and improve efficiency.
This year is a remarkable one for Chinese companies when it comes to overseas mergers and acquisitions.
The Chinese chip designer behind the world's fastest supercomputer is eyeing wider commercial application for its chips, as the artificial-intelligence boom is spurring demand for processors that can deliver supercomputing power.
A small water town, Wuzhen is surprising the world by its transformation, stimulating new lifestyles with the development of the internet.
Editor's note: The third World Internet Conference, also known as the Wuzhen Summit, is taking place in Wuzhen, Zhejiang province. China Daily reporters interviewed a group of senior information technology business executives to learn their views about innovation and how internet is reshaping China.
Huawei Technologies Co Ltd aims to regain its top position in China with its latest flagship smartphone Mate 9 series, after it lost ground to domestic rival Oppo Electronics Corp in the third quarter of the year.
China United Network Communications Ltd said it has partnered with internet giants in a move to arrest its continuing profit decline and speed up its shift toward the mobile internet.
The push by China's policy makers to rein in property bubbles looks to be getting traction, according to early indicators from the nation's biggest cities.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
