Seymour: Uncertainty has made international investing more interesting
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Gizmodo
28 minutes ago
- Gizmodo
China's Smart Glasses Are Once Again Going All the Way Off
There are officially too many wild pairs of smart glasses coming out of China to keep track of. First, it was Xiaomi with its Ray-Ban-stomping pair of glasses that can record 45 minutes of consecutive video and boast an 8.5-hour battery life. Then, just last week, a company called Wigain announced a breakthrough in making mass-producible smart glasses with optical waveguide lenses. Those, I might add, also feel very Meta-killing. Now, it's Alibaba's turn, or it's about to be if rumors are to be believed. According to unconfirmed reports from the XR Research Institute, which is also connected to rumors surrounding the third-gen version of Meta's Ray-Bans, Alibaba could release its first pair of self-made smart glasses very soon, and they could be—similar to the aforementioned glasses—far more advanced than what Meta offers in the U.S. While I'm normally more skeptical of unconfirmed rumors like this, there's already supporting evidence on Reddit percolating out of the World Artificial Intelligence Conference (WAIC) in Shanghai. Pictures, which surfaced on Friday, show a huge promotional pair of smart glasses hovering over a section of the conference for Tmall Genie. If you're not familiar, Tmall Genie is an Alibaba-owned brand, and rumors suggest that the glasses will allegedly launch under that banner. And on top of those clues, there's also the fact that Alibaba already has one toe in the smart glasses world with software. First look at the Alibaba smartglasses with binocular display! byu/AR_MR_XR inaugmentedrealityXiaomi has already partnered with Alibaba on a payment feature for its new AI smart glasses and has collaborated with AR glasses company RayNeo, so, given those ties, Alibaba seems like an obvious player in the space. If rumors are accurate, its product may be more advanced than Meta's Ray-Bans in a couple of key ways. For one, Alibaba may offer a pair of glasses with an actual display on them, which is something that Meta has yet to do. That will likely be the game-changing factor for most people on the fence about smart glasses who don't find them quite 'smart' enough to warrant spending money on a pair. On that same note, XR Research Institute suggests that Alibaba's glasses will include optical waveguide lenses that make passthrough on AR glasses sharper and clearer—aspects that early startups in the AR glasses space have struggled with. Even without knowing or confirming the rest of the smart glasses' specs or features, those things alone would be enough for Alibaba-made glasses to blow past Meta Ray-Bans, which are arguably the most popular brand of smart glasses in the U.S. It's once again proof that China is cooking on smart glasses and probably evidence that we can expect a lot more from China-based brands on that front. I'm curious whether any of those technological advances trickle over into the U.S. market as a result. My fingers are crossed, because as much as I use Meta's Ray-Bans, it's about time Meta takes a big step forward into the world of on-lens displays.
Epoch Times
30 minutes ago
- Epoch Times
South African Manufacturers Call for More Tariffs on China
JOHANNESBURG—Relations between the governments of China and South Africa are flourishing, but manufacturers in Africa's leading economy feel increasingly squeezed by what some describe as a 'constant flood' of cheap Chinese imports. The crisis is especially serious in South Africa's clothing and textiles sector, which trade unions and economic researchers say has declined remarkably over the past 25 years as China's hold on the market has strengthened.
Business Insider
2 hours ago
- Business Insider
Chinese firm seals $100 million grain deal in Angola, second agriculture investment this week
China's Sinohydro Group will invest more than $100 million in Angola to develop new sources of grain. Sinohydro Group is set to invest over $100 million in Angola for grain development. Angola granted a tax-free 25-year land concession of 30,000 hectares to Sinohydro. The project aims to improve agricultural infrastructure using existing equipment. China's Sinohydro Group will invest more than $100 million in Angola to develop new sources of grain, marking the second major agricultural agreement between the two countries in less than a week. Under a deal signed late Thursday in Luanda, Angola granted Sinohydro a 25-year, tax-free land concession covering 30,000 hectares across six eastern provinces, Bloomberg reported. The Chinese engineering and infrastructure giant will utilise equipment already available in the country to expedite the rollout of logistics and agricultural support infrastructure. 'Angola has vast land but lacks basic infrastructure,' said Li Xunfeng, Sinohydro's Managing Director, at the signing ceremony. 'This is the right time to invest; the environment here is better than in many African countries.' The announcement follows a $250 million investment revealed earlier this week by a subsidiary of Chinese state-owned conglomerate Citic Ltd., which plans to develop large-scale soybean and corn farms in Angola. Sinohydro, which has been operating in Angola for over two decades, stated that the new project aligns with the Angolan government's initiative to revive large-scale farming and reduce its reliance on food imports. 60% of output bound for China According to Agriculture Minister Isaac dos Anjos, about 60% of the produce, mainly soybeans, will be exported to China, while the remainder will support domestic consumption. The concession will be divided into plots ranging from 500 to 1,000 hectares to accommodate both commercial farms and community-led initiatives. Sinohydro also plans to establish a seed research and testing centre to improve yields and attract more Chinese agribusinesses to the country.
