The iFlyTek booth at the 2019 Smart China Expo at Chongqing International Expo Centre in Chongqing, China. Photo by VCG/VCG via Getty Images
China’s AI champion iFlyTek says 2019 revenue will exceed US$1.4 billion as it downplays impact of tech war
- Net profit of 732 million to 894 million yuan forecast for 2019, representing year-on-year growth of between 35 to 65 per cent
- Last year was a challenging one for Chinese tech companies as the tech cold war between China and the US escalated
Topic |
Artificial intelligence
Jane Zhang
Updated: 10:04pm, 3 Feb, 2020
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The iFlyTek booth at the 2019 Smart China Expo at Chongqing International Expo Centre in Chongqing, China. Photo by VCG/VCG via Getty Images
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Jane Zhang joined the Post in 2017, working with the video team before moving to reporting. She covers business and political stories in Hong Kong and mainland China. Previously, Jane interned at CNN and Bloomberg Businessweek Chinese.