![]() CICC is optimistic about the Internet of Everything (IoE) to take over smart phones and start the next decade of consumer electronics innovation cycle. CICC: Internet of Everything opens a new decade, the growth of consumer-level AIoT is expectedĪccording to CICC’s research report, with the maturity of underlying technologies such as 5G and AI, they look forward to the gradual prosperity of next-generation applications represented by wearable devices, AR/VR, smart homes and smart cars. However, it will take several years to complete the equipment on half of the cars in use worldwide. Currently, in major markets such as China, Europe, Japan, and the United States, one-third of new cars have been equipped with ADAS functions. ![]() Global market research firm Canalys released the latest research report, pointing out that by the end of 2020, only 10% of every 1 billion vehicles in use worldwide are equipped with advanced driver assistance systems (ADAS). Canalys: Only 10% of every 1 billion cars in use are equipped with ADAS After this round of financing, the company will continue to rely on AR/AI technologies such as space computing, AR cloud, natural interaction and AR smart hardware to strengthen and upgrade the AR platform HiAR Space and accelerate application of their products and services in vertical industries. The new round was led by CITIC PE, with participation from Jadex Capital, Yuanhui Capital and other existing investors such as V Star Capital, Xinxi Capital, Ondice Capital, MYEG, etc. AR company HiScene completes a RMB270 million series C+ roundĪR technology company HiScene announced the completion of a RMB270 million series C+ round financing. LinkDoc plans to raise US$300 million before HK IPOĪlibaba-backed medical information platform LinkDoc Technology will start a new round of financing before Hong Kong IPO, and plans to raise US$300 million. Robovan’s design is based on Jiangling’s battery electric vehicle model, equipped with WeRide’s full-stack software and hardware solutions. WeRide launches first L4 self-driving cargo vanĬhinese autonomous driving technology developer WeRide launched its first L4-level self-driving cargo van yesterday and announced that it will work with Jiangling Motors, a major Chinese automobile manufacturer, and ZTO Express, a leading express delivery company in China, to drive mass production and the commercialization of the newly unveiled WeRide Robovan. ![]() China Tech Digest: WeRide Launches First L4 Self-driving Cargo Van LinkDoc Plans To Raise US$300 Million Before HK IPO
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