Krypton Evening Post | Cainiao has fully integrated into the JD.com platform to provide e-commerce express delivery and supply chain services; Xiaomi SU7 aims to deliver 20,000 units this month. Lei Jun: Still sprinting; Nokia and Chunghwa Telecom have reached an expanded agreement on 5G-Advanced.
Big Companies:
Cainiao Fully Integrates into JD Platform, Offering E-commerce Express and Supply Chain Services
36Kr exclusively learned that after JD Logistics integrated into Taobao and Tmall, recently, Cainiao has also fully integrated into the JD platform to provide global express and global supply chain services for merchants and consumers. The systems of both sides have basically completed the docking. Cainiao's self-operated express - Cainiao Express, Cainiao Large-piece Home Furnishing Supply Chain, etc. are all included in the integration. It is understood that this news has attracted the attention of brand merchants and e-commerce sellers, which means they have a new service option.
IM Motors: Will Have Mass Production Conditions for L3 Autonomous Driving in 2026
36Kr learned that on October 28, IM Motors announced that it has become the first brand in China to simultaneously have the mass production capabilities of L2, L3, and L4 intelligent driving, and will have the mass production conditions for L3 autonomous driving in 2026. It is understood that after launching the "Easy to Drive in the Whole Country, Dare to Drive in All Scenarios" mapless NOA this month, IM Motors has started the L2+ road tests in the European markets such as Germany and France to create the first "Global Can Drive" mapless NOA for intelligent driving to go overseas.
Nokia and Chunghwa Telecom Reach an Extended Agreement on 5G-Advanced
Nokia announced on October 28 that it will sign a one-year renewal agreement with Chunghwa Telecom to update the 5G network in the central and southern regions of Taiwan, China. The project aims to enhance the performance, capacity, and energy efficiency of Chunghwa Telecom's 5G network and lay the foundation for the evolution of Chunghwa Telecom's 5G-Advanced network. The deployment is underway and is expected to last for 12 months.
Xiaomi SU7 Aims to Deliver 20,000 Units This Month, Lei Jun: Still Sprinting
36Kr learned that on the evening of October 27, Lei Jun, the chairman and CEO of Xiaomi, posted on Weibo to respond to users' questions. Regarding the price increase of the Xiaomi 15 series, Lei Jun said that even with the price increase, the Xiaomi 15 is still worth more than its price. "Compared to the price increase of the same memory version in the previous generations, it will definitely make everyone feel that 'the price increase is reasonable'". In addition, regarding whether the goal of delivering 20,000 units of Xiaomi SU7 in a single month can be achieved, Lei Jun said: "Still working hard to sprint."
ParTec Files a Patent Infringement Lawsuit against NVIDIA in Munich
The statement shows that ParTec and its exclusive licensee and licensing agent BF exaQC AG filed a patent infringement lawsuit against NVIDIA at the Munich Unified Patent Court on October 27 local time. The lawsuit requests the court to issue an injunction requiring NVIDIA not to sell important products in its GPU product portfolio in European countries protected by patents. In addition, ParTec also requests NVIDIA to provide information on the sales activities carried out so far and damages, etc.
Indonesia Bans the Sale of iPhone 16, Claiming Apple Has Not Fulfilled Its Investment Commitment
On October 28, it was reported that the Indonesian government recently announced a ban on the sale of iPhone 16 in the country, claiming that Apple has not fulfilled its investment commitment in Indonesia. The Indonesian Ministry of Industry earlier stated that Apple promised to invest 1.7 trillion Indonesian rupiah (approximately 109 million US dollars) in Indonesia's infrastructure and local procurement, but the actual amount fulfilled is only 1.48 trillion Indonesian rupiah.
On October 27 local time, McDonald's in the US stated that after testing, the beef patties in the hamburgers are not the source of E. coli contamination. McDonald's will resume selling hamburger products that were temporarily removed from the shelves due to E. coli contamination next week, but the hamburgers to be resumed for sale will not contain raw onion slices that are currently considered the source of contamination.
Intel Announces the Expansion of the Intel Chengdu Packaging and Testing Base
36Kr learned that Intel announced the expansion of the Intel Chengdu Packaging and Testing Base. On the basis of the existing packaging and testing of client products, it will add packaging and testing services for server chips and establish a customer solution center to improve the efficiency of the local supply chain, increase support for Chinese customers, and improve the response speed.
New Products:
"Made in Chengdu" Humanoid Robot Debuts
36Kr learned that according to the Chengdu Release, the Chengdu Humanoid Robot Innovation Center debuted the "Made in Chengdu" humanoid robot "Gongga No.1" (Konka-1) in the Chengdu Science and Technology Innovation Ecological Island, achieving a breakthrough of "Made in Chengdu" humanoid robots and sounding the clarion call for the high-quality development of the industrial park empowered by scientific and technological innovation. Currently, this product is the only one in China and one of the only three in the world. It is a truly ultra-lightweight humanoid robot with the "most powerful brain" for humanoid robots.
Investment and Financing:
Longpan Technology Seeks to Raise HK$550 Million in Its Hong Kong IPO
36Kr learned that it is reported that Longpan Technology seeks to raise HK$550 million in its Hong Kong IPO. Previously, according to the Hong Kong Stock Exchange, the price range for the company's H-share offering was initially set at HK$4.5 to HK$7.0, and it is expected to be listed and start trading on the Hong Kong Stock Exchange on October 30, 2024.
"Ludaixi Technology" Completes a 10-Million-Yuan Series A Financing
36Kr learned that recently, "Ludaixi Technology" announced the completion of a 10-million-yuan Series A financing, and the investor has not been disclosed for the time being. This round of financing will help Ludaixi deeply cultivate the field of intelligent operation and marketing services for local life merchants, promoting the company's continuous development.
Nippon Paint Announces a $2.3 Billion Acquisition of Composite Material Supplier AOC
Nippon Paint, a Japanese paint and chemical manufacturer, announced on Monday that it plans to acquire LSF11 A5 TopCo LLC, a global chemical formulation manufacturer and the parent company of AOC, a producer of paints, colorants, and composite resins, for $2.3 billion. According to the documents submitted to the exchange on Monday, the Japanese paint and chemical manufacturer said it aims to complete the transaction in the first half of fiscal year 2025 and that the transaction should have a negligible financial impact on the current calendar year for Nippon Paint.
Today's Views:
German OHB Company: The Merger of Thales and Airbus' Space Business Will Harm Competition
According to foreign media reports, on October 27, Marco Fuchs, the CEO of the German aerospace technology group OHB, said in an interview that the merger of Thales and Airbus' space business will not be conducive to competition and may form a "monopoly alliance that is detrimental to customers and the industry" in Europe. Fuchs said that if the discussions between Thales and Airbus produce specific proposals, he plans to raise concerns with the EU competition authorities.
Jumio: Facing the Fraud Risk Brought by Generative AI, Using AI to Counter AI is the Only Solution
36Kr learned that recently, Jumio held a Chinese media meeting. Jumio said that facing the fraud risk brought by generative artificial intelligence, using AI to counter AI is the only solution. It is introduced that Jumio uses technologies such as automation, biometrics, artificial intelligence/machine learning, liveness detection, and no-code orchestration, combined with hundreds of data sources, to ensure that real customers can quickly complete the account opening and login process. Since its establishment in 2010, Jumio has processed more than 1 billion transactions, and its business covers more than 200 countries and regions.
Other News Worth Noting:
36Kr learned that a reporter asked: Recently, the US Department of Commerce announced that it will include multiple Chinese entities in the "Entity List", "Unverified List", and other export control sanction lists. What is China's comment on this? Answer: China has noted the relevant situation. Recently, the US side, under the pretext of so-called military-related and Iran-related issues, included 6 Chinese entities in the "Entity List" and 3 Chinese entities in the "Unverified List". China strongly deplores and firmly opposes this. For a long time, the US side has generalized the concept of national security, abused export control measures, suppressed and contained enterprises from other countries including China, seriously damaged the legitimate rights and interests of enterprises, and undermined the security and stability of the global industrial chain and supply chain. China urges the US side to immediately stop its wrong practices and will take necessary measures to firmly safeguard the legitimate rights and interests of Chinese enterprises.
Counterpoint released the sales report of the Chinese smartphone market in the third quarter of 2024 today. The data shows that in the third quarter of 2024, the sales of Chinese smartphones increased by 2.3% year-on-year, and it is expected to achieve the first annual growth in five years. Among them, vivo once again won the first place with a market share of 19.2%. The report said that a diverse product portfolio and best-selling models in various price segments have helped vivo maintain its leadership position. Followed by Huawei (16.4%) and Xiaomi (15.6%). It is worth mentioning that the X200 series new flagship released by vivo this month achieved an all-channel sales volume of over 2 billion yuan on the first day of sale, breaking all new machine sales records in vivo's history.