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Journey 5
Horizon Robotics, Inc. () is a Chinese technology company headquartered in Beijing. The company develops artificial intelligence (AI) chips used in self-driving cars and advanced driver assistance systems (ADAS). Background Horizon Robotics was founded in 2015 by several former Baidu employees, including Yu Kai who previously led Baidu's self-driving car division. The company was funded by notable investors that included Intel, Hillhouse Investment, HongShan, Yuri Milner, Sinovation Ventures and Yunfeng Capital. Other backers include BYD, Chery and CATL. Due to the United States New Export Controls on Advanced Computing and Semiconductors to China, Horizon Robotics attracted more interest from investors who felt it could be an alternative to Nvidia in China which had to abide with selling restrictions. In December 2017, Horizon Robotics launched Journey 1.0, the first generation of its AI chips used in vehicles. It would help cars recognize external objects in a low power ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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CATL
Contemporary Amperex Technology Co., Limited (CATL) is a Chinese battery manufacturer and technology company founded in 2011 that specializes in the manufacturing of lithium-ion battery, lithium-ion batteries for electric vehicles and energy storage systems, as well as battery management systems (BMS). CATL is the biggest Electric vehicle battery, EV and energy storage battery manufacturer in the world, with a global market share of around 37% and 40% respectively in 2023. It is headquartered in Ningde, Fujian province. History CATL was founded in Ningde, which is reflected in its Chinese name (宁德时代 'Ningde era'). The company started as a Corporate spin-off, spin-off of Amperex Technology Limited (ATL), a previous business founded by Robin Zeng in 1999. ATL initially manufactured batteries for portable devices based on licensed technology. In 2005, ATL was acquired by Japan's TDK company, but Zeng continued as a manager for ATL. While the Chinese government started s ...
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SK Telecom
SK Telecom Co., Ltd., abbreviated as SKT ( or ) is a South Korean wireless telecommunications operator and former film distributor and is part of the SK Group, one of the country's largest chaebols. It leads the local market with 50.5 percent share as of 2008. SK Telecom is the largest wireless carrier in South Korea, with 23 million subscribers as of Q4 2023. Since its creation in 1984, the company has evolved from a first generation analog cellular system, to second generation CDMA, then to the world's first third-generation synchronized IMT-2000 cellular system. SK Telecom also became the world's first carrier to commercialize HSDPA in May 2006. SK expanded into the landline market by acquiring second-rated fixed-line operator Hanaro Telecom in February 2008. The company's online brands include Nate, a web portal, June, a mobile multimedia service, Moneta, an e-banking mobile app, Nate Drive, a telematics service, and Digital Home, an online interface to remote-c ...
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SAIC Motor
SAIC Motor Corp., Ltd. (formerly Shanghai Automotive Industry Corporation) is a Chinese State-owned enterprises of China, state-owned automobile manufacturer headquartered in Anting, Shanghai. Founded in 1955, it is currently the largest of the "Automotive industry in China, Big Four" state-owned car manufacturers of China ahead of FAW Group, Dongfeng Motor Corporation, and Changan Automobile, with sales of 5.02 million vehicles in 2023. The company traces its origins to the early years of the Chinese automobile industry in the 1940s, and SAIC was one of the few carmakers in History of the People's Republic of China (1949–1976), Mao's China, making the Shanghai SH760. Currently, it participates in the oldest surviving sino-foreign automotive joint venture with Volkswagen (SAIC Volkswagen, SAIC-Volkswagen) since 1984, and in addition operates a joint venture with General Motors (SAIC-GM) since 1998. It also produces and sells passenger vehicles under its own branding, such as R ...
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Audi
Audi AG () is a German automotive manufacturer of luxury vehicles headquartered in Ingolstadt, Bavaria, Germany. A subsidiary of the Volkswagen Group, Audi produces vehicles in nine production facilities worldwide. The origins of the company are complex, dating back to the early 20th century and the initial enterprises ( Horch and the ''Audiwerke'') founded by engineer August Horch. Two other manufacturers ( DKW and Wanderer) also contributed to the foundation of Auto Union in 1932. The modern Audi era began in the 1960s, when Auto Union was acquired by Volkswagen from Daimler-Benz. After relaunching the Audi brand with the 1965 introduction of the Audi F103 series, Volkswagen merged Auto Union with NSU Motorenwerke in 1969, thus creating the present-day form of the company. The company name is based on the Latin translation of the surname of the founder, August Horch. , meaning 'listen', becomes in Latin. The four rings of the Audi logo each represent one of four car ...
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Smart Device
A smart device is an electronic device, generally connected to other devices or networks via different wireless protocols (such as Bluetooth, Zigbee, near-field communication, Wi-Fi, NearLink, Li-Fi, or 5G) that can operate to some extent interactively and autonomously. Several notable types of smart devices are smartphones, smart speakers, smart cars, smart cards, smart thermostats, smart doorbells, smart locks, smart refrigerators, phablets and tablets, smartwatches, smart bands, smart keychains, smart glasses, smart TV, and many others. The term can also refer to a device that exhibits some properties of ubiquitous computing, including—although not necessarily—machine learning. Smart devices can be designed to support a variety of form factors, a range of properties pertaining to ubiquitous computing and to be used in three main system environments: physical world, human-centered environments, and distributed computing environments. Smart homes indicate the pres ...
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Surveillance Cameras
Closed-circuit television (CCTV), also known as video surveillance, is the use of closed-circuit television cameras to transmit a signal to a specific place on a limited set of monitors. It differs from broadcast television in that the signal is not openly transmitted, though it may employ point-to-point, point-to-multipoint (P2MP), or mesh wired or wireless links. Even though almost all video cameras fit this definition, the term is most often applied to those used for surveillance in areas that require additional security or ongoing monitoring (videotelephony is seldom called "CCTV"). The deployment of this technology has facilitated significant growth in state surveillance, a substantial rise in the methods of advanced social monitoring and control, and a host of crime prevention measures throughout the world. Though surveillance of the public using CCTV is common in many areas around the world, video surveillance has generated significant debate about balancing its use wi ...
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Hong Kong Stock Exchange
The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market capitalization as of August 2024. The exchange plays a crucial role in connecting international investors with Mainland China, mainland Chinese companies, serving as a major platform for capital raising. Unlike Chinese stock exchanges (other), mainland Chinese exchanges, it operates under Hong Kong’s distinct regulatory framework, which allows greater access to foreign investors. The stock exchange is owned (through its subsidiary Stock Exchange of Hong Kong Limited) by Hong Kong Exchanges and Clearing, Hong Kong Exchanges and Clearing Limited (HKEX), a holding company that it also lists () and that in 2021 became the world's largest bourse operator in terms of market capitalization, surpassing Chicago-based CME Group, CME. A 20 ...
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World Internet Conference
The World Internet Conference (WIC; zh, s=世界互联网大会, labels=no), also known as the Wuzhen Summit ( zh, s=乌镇峰会, labels=no), is an annual event, first held in 2014, organized by the government of the People's Republic of China to discuss global Internet issues and policies. It is organized by the Cyberspace Administration of China. Wuzhen Declaration At the first World Internet Conference in 2014, an unknown party distributed a draft joint statement affirming the right of individual nations to develop, use, and govern the Internet, a concept Chinese Communist Party (CCP) General Secretary of the Chinese Communist Party, general secretary and paramount leader Xi Jinping calls Network sovereignty, cyber sovereignty. Attendees received a draft of the statement overnight, slid under their hotel doors. As some objected to the statement, the organizers made no mention of it in the conference's final day. Summits 1st World Internet Conference The inaugural World Inte ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.' Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "''co-venturers''". A joint venture can take the form of a business. It can also take the form of a project or asset JV, created for the purpose of pursuing one specific project, ...
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Chinese Government
The government of the People's Republic of China is based on a system of people's congress within the parameters of a Unitary state, unitary communist state, in which the ruling Chinese Communist Party (CCP) enacts its policies through people's congresses. This system is based on the principle of Unified power, unified state power, in which the legislature, the National People's Congress (NPC), is Constitution of the People's Republic of China, constitutionally enshrined as "the highest state organ of power." As China's political system has no separation of powers, there is only one branch of government which is represented by the legislature. The CCP through the NPC enacts unified leadership, which requires that all state organs, from the Supreme People's Court to the State Council of China, are elected by, answerable to, and have no separate powers than those granted to them by the NPC. By law, all elections at all levels must adhere to the leadership of the CCP. The CCP contro ...
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Hong Kong
Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the world. Hong Kong was established as a colony of the British Empire after the Qing dynasty ceded Hong Kong Island in 1841–1842 as a consequence of losing the First Opium War. The colony expanded to the Kowloon Peninsula in 1860 and was further extended when the United Kingdom obtained a 99-year lease of the New Territories in 1898. Hong Kong was occupied by Japan from 1941 to 1945 during World War II. The territory was handed over from the United Kingdom to China in 1997. Hong Kong maintains separate governing and economic systems from that of mainland China under the principle of one country, two systems. Originally a sparsely populated area of farming and fishing villages,. the territory is now one of the world's most signific ...
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