Fewer China Companies at CES 2020 - Another Sign of Tech War?

This year, just 1,120 Chinese companies participated in the Consumer Electronics Show - fewer than in the past three years - in another sign that the country is turning its nose amid tech and trade tensions with Washington.

CapitalWatch Staff
    Jan 12, 2020 2:00 PM  PT
Fewer China Companies at CES 2020 - Another Sign of Tech War?
resource from: (Image: Hesai)   
(Image: Hesai)

The four-day International Consumer Electronics Show closed in Las Vegas on Friday with the air of a tech war between China and the United States hanging in the air.

More than 4,400 tech developers participated; among them – about 1,100 Chinese attendants. That's smallest in the past three years, as reported by CGTN, the English-language channel of China Global Television Network.

Among the participants was AutoX, an autonomous vehicle startup with headquarters in Hong Kong and San Jose. The company announced a partnership with Fiat Chrysler to jointly launch robotaxis in Asia.

Hesai Technology, a Shanghai developer of 3D sensors, unveiled PandarQT, a LiDAR which aims to solve the issue of blind spot coverage in cars. The company also announced at the CES that it has raised $173 million in its Series C funding round. Investors included Bosch Group, Lightspeed Venture and Qiming Venture Partners, among others, according to company statement.

Canaan Inc. (Nasdaq: CAN), a supercomputing solutions provider based in Hangzhou, displayed a sensorless access control system and intelligent energy consumption solutions, which are powered by its edge AI chip – Kendryte K210.

To name a few others, Lenovo Group (HKEX: 0992) demonstrated its first foldable tablet, drone maker DJI showed off its Horizon and Tele-15 sensors for autonomous driving, e-scooter maker Niu Technologies (Nasdaq: NIU) unveiled its three-wheeled electric vehicle, and search engine Sogou Inc. (NYSE: SOGO) brought its latest AI-powered products in the field of communication.

Some major Chinese techs, however, sidestepped the forum. Non-attendees included Alibaba Group (NYSE: BABA; HKEX: 9988), Tencent Holdings (HKEX: 0700), Xiaomi Corp. (HKEX: 1810), Oppo and Vivo. Trouble-ridden Huawei, however, was present, though DigiTimes reported its display was kept "low-profile."

State-run media Xinhua wrote that China remains an important international market despite the trade tensions that have turned some companies away from the CES 2020.