There have been reports that ‘Incredible 4’, founded by young entrepreneurs, has emerged as a brand new core of Chinese technology. This included Deep Chic, bytes dance, robot specialty Unitry, and drone specialty DJI.
South China Morning Post introduced a brand new generation of Chinese entrepreneurs to create an environment of technology competition with the USA.
Startup founders, called Incredible 4, were founded by the founding father of artificial intelligence (AI) startup Deep Chic, the founding father of Zhang Yimming (42) byte dance, Wang Sing (35) Unitri Robotics founder, and Wang Tao (35) DJI founder.
Their success is receiving national attention. Not to say Deep Chic and Byte Dance, DJI has turn out to be the world’s most market share. Nevertheless, it shouldn’t be clear how Unitry, which has recently emerged because the core of Chinese robots, has had an influence on the worldwide stage.
Amongst them, the founding father of the Deep Chic and the founding father of Wang Unitry attended last month’s interview. In response to the People’s Day by day’s report, President Xi Jinping said, “Innovation of the state requires the contribution of the younger generation.”
What they’ve in common is that there’s a difference from the present entrepreneurs, growing in essentially the most free and open period for the reason that founding of China. While the heads of the present big tech were showing off, they were told that they rarely work outside and focused only on business or technology.
All 4 people have accomplished college in China, not overseas, and all corporations are already booking an incredible wealth before they’re listed.
As well as, I began my business within the era of globalization, and I heard that China has grown through global competition. “Most of them have been well imitated within the West, tested and expanded within the Chinese market, and have improved user experience and minimized distribution costs.”
The important thing to success was to concentrate on the Chinese market and develop competitiveness. Guo by stating that “the Chinese market is one of the crucial demanding and competitive markets on this planet.”
As well as, the founding father of Jeffrey Tauson Tech Mot Consulting said that if Chinese entrepreneurs survive in China, they’ll compete in the worldwide market. “If the US business is similar as soccer, the Chinese business is sort of a rugby,” he said. “They’re used to doing harder sports.”
Meanwhile, in China, nicknames resembling ‘Magnipicent 7’ of the US stock market are emerging one after one other resulting from the recent highlight of technology corporations.
Hai Tong Securities recently introduced that ‘seven sisters’ are leading the technology in China. I didn’t let you know where seven was, but Tencent and Alibaba. Xiaomi and BYD were chosen as candidates.
There’s also an identical term ‘Big 10′. This includes automakers’ geography, game specialty netizes, delivery specialty Maytoan, and chip -maker SMIC.
As well as, ‘4 tigers’, which check with major AI startups, have already appeared last 12 months. Lately, the investment bank UBS has tied up eight popular AI stocks and named it ‘Venus 8’.
By Dae -jun Lim, reporter ydj@aitimes.com
