TechNode Weekly News | December 22
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Unitop Fitness, a Chinese fitness equipment maker, unveiled the?U-trainer Plus?in September, at a price of $649. Our team was given a fortnight to review the home gym.?
Shares of Gaotu Education Technology , a Chinese online education firm, slumped nearly 20% on Monday as a previous influx of livestreaming viewers returned to rival East Buy’s Douyin channel after a recent screenplay dispute at the latter, which had driven users to seek alternative platforms, came to an end.
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小米科技 said on Tuesday that it had sacked three employees for “spreading rumors” about plans for its electric vehicle business, as the company also said it was planning legal action over photos of its first car model leaked online by two media outlets. For months, multiple reports have circulated on Chinese social media featuring?unauthorized confidential information?about the smartphone maker’s EV business.
In the recently released?2023 EU Industrial Research and Development (R&D) Investment Scoreboard?put together by the European Commission, Chinese tech giant 华为 has maintained its position among the top five global companies that made the highest R&D investments in 2022.
华为 is doubling down on electric vehicles with plans to run as many as 800 showrooms in China next year dedicated to the joint car brands that it has launched with manufacturing partners, aiming to become a more visible player in the world’s biggest auto market.?