Chinese-backed tech compete against US at CES

Global Business

At CES, Chinese and Chinese-backed companies are making their presence felt with some bold, risky maneuvers.

They’re going head to head with the best-in-class in their respective industries.

CGTN’s Mark Niu has the details.

Huawei is the third largest handset maker in the world, yet its devices barely register in the U.S.

That’s why the Chinese company unveiled its latest smartphone for the U.S. and global markets here at CES. Starting with the talk time-two days, said Huawei, against the iPhone’s 21 hours.

Like the 7 Plus, the Honor 6x also offers dual lens cameras-all at less than a third of the price of the unlocked iPhone, The 6x retails for $250.

Brand building for LA based and Chinese-backed Electric vehicle company, Faraday Future, is in a literal race against market leaders like Tesla cars.

Faraday Future showed how its first production, vehicle the FF91, can go from 0 to 60 miles per hour in 2.39 seconds.

Faraday Future said that’s a world record for an electric vehicle.

In one demo, the car found a spot and parked all by itself.

In another, the car failed to react when the auto valet park button was pushed by main investor Jia Yueting-the chairman of Chinese tech company LeEco.

Jia carried on, just one of the many hurdles he’s facing, including questions over financial stability and executives recently leaving Faraday Future.

No official price for the FF91, yet, though a $5,000 refundable deposit secures an order for a car projected for delivery sometime in 2018.


Nick Sampson talks about Faraday unveiling an electric SUV at CES

One of the main presenters at Faraday Future’s event was Executive V.P. of Engineering, Nick Sampson, who also worked at Tesla for three years. CGTN’s Mark Niu sat down with him and asked him why he thinks Faraday’s new electric vehicle is better than Tesla’s.