i3 - May/June 2017 - 11

Tech

By Mark Chisholm

Tencent
Invests in Tesla

Clockwise from top right: Microsoft; Xaomi; istock (3)

Tencent, a company best
known for online multiplayer games and the messaging service WeChat, recently
announced it acquired a five
percent stake in Tesla Motors.
The $1.8 billion stock purchase will help Tencent compete with Baidu, entering the
automotive space with its
mapping software. The investment allows Tesla to ramp up
its business strategy in China,
according to Richard Windsor,
an analyst with Edison
Investment Research.

I N T E R N AT I O N A L FO C US

CHINA

Microsoft
Releases
Windows OS
for Chinese
Government

Google Translate Now
Available in China

CHINA AND ISRAEL STRENGTHEN
TECH RELATIONSHIP

The Google Translate app
is now available in mainland China, as the search
company released
a new version of software
for Android and iOS. It does
not require services
such as the use of a virtual
private network (VPN).
The new version of the app
includes instant visual
translation between
English and Korean.

Chinese investments in Israel's high-tech sector
have reached one third of Israel's total, as Chinese
companies look to Israel for investments
in emerging technologies. Israeli Prime Minister
Benjamin Netanyahu recently said, at a meeting
with Chinese Premier Li Keqiang, that Israel
and China could explore "many ways of technological cooperation." During his March visit
to China, Netanyahu met with the heads of major
Chinese companies, including, Alibaba, Baidu,
Lenovo, Wahaha and Wanda. Netanyahu said,
"Israel is open for business with China."

Microsoft has entered
a partnership with
state-owned China
Electronics Technology
Group Corporation
(CETC) and plans to
release a new version of
the Windows 10 operating system for use in
government. CETC -
traditionally known for
developing software
for Chinese government
and military - owns
a 51 percent stake
in the joint venture,
C&M Information
Technology Co. Ltd.

See innovation in action at CES Asia in Shanghai, China, June 7-9.
Xaomi Eyeing SoCv Production
According to a recent report from The Wall Street Journal, Chinese
smartphone maker Xaomi wants to begin building its own system
on a chip (SoC) processors for its smartphones. Xaomi reportedly paid
$15 million to acquire mobile processor technology from Leadcore
Technology Ltd. Previously, Xaomi relied on Qualcomm SoCs in its
mobile lineup. By manufacturing its own chips, Xaomi joins the ranks
of Apple, Huawei and Samsung.
C TA . t e c h / i 3

MAY/JUNE 2017

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