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The Chinese Amphibious AG600 Completes its First Waterborne Take-off

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AG600
Image Source: chinaplus.cri.cn

China, on Saturday, successfully, completed the first takeoff and landing of its amphibious aeroplane, on water, at a reservoir in China’s central Hubei province. The plane is called the Kunlong AG600. Kunlong is a Chinese word, that means Water Dragon. The AG600 is the world’s biggest amphibious plane and has been built by China independently. The aircraft is one of the three largest aircraft of China, including the Y-20 military transport aircraft and the C-919 commercial passenger airliner. During the Saturday’s trial, the AG600 completed a 14-minute ride, successfully.

The Aviation Industry Corporation of China (AVIC) began the production of the prototype of the seaplane, in 2014, after China announced the AG600 program, in 2011. The aircraft was first unveiled in July 2016, in Zhuhai city of southern China. The Aircraft carried out its first trial flight, in August 2018, from the Zhuhai airport in the Guangdong province of China, to the Jingmen airport in Hubei province of China.

The aircraft possesses four WJ-6 turboprop engines, the Chinese-made versions of a Russian engine. It is 37 meters long, and the wings are 38.8 meters widespread. The plane can carry 50 people and can hold a maximum take-off weight of 59 tons on land, and 54 tons on the water. AVIC has claimed that the AG600 can stay airborne for up to 12 hours, and its cruising speed can reach up to 500 kilometres per hour. Without the refuelling, the operational range for the aircraft can be about 4,500 kilometres at max.

The production of the AG600 targets at bringing out the maritime search-and-rescue operations and the aerial fire-fighting operations. The aircraft requires a water depth of 2.5 meters for landing and take-off. And, is capable of taking off and land in waves up to 6.5 feet high. The AG600 can resist two-meter-high waves. The aircraft is useful for carrying supplies and military personnel, during any of the Chinese maritime military operations. However, China claims that the AG600 will only be a part of the marine monitoring and safety patrol, the development of the world’s largest amphibious aircraft has raised many eyebrows as well.

Daniel Zhang to Replace Jack Ma as the Chairman of Alibaba Next Year

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Alibaba
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On last Friday, the Chinese billionaire Jack Ma announced his retirement from the position of the chairman of Alibaba. He is going to serve as the chairman of the company till 10 September 2019 and will stay a member of the board until 2020. Jack Ma is only 53 and wants to devote his time to Philanthropy. At the age of 53, he is the only Chinese billionaire who has taken such a decision.

Jack Ma founded Alibaba in 1999, as a business-to-business marketplace. Soon, he expanded the business, to obtain a $420 billion profit, within a few years, making Alibaba as a consumer based platform. He also tried his hands in cloud computing, digital media, and other industries, including the payment gateway AliPay. His success story inspires everyone and he is referred to as ‘Teacher Ma’, in China. His decision has shaken the whole world, but he has got a plan for himself. Jack Ma is going to stay as a lifetime partner of the Alibaba Partnership and will continue working with his philanthropic organisation, the Jack Ma Foundation.

Jack Ma had already decided to retire from his post, a long time ago. Almost a decade ago, he had asked his team about what they will do without him. Now when he is stepping down from his position, the current CEO of the company Daniel Zhang is going to replace Jack Ma, to hold the position of the chairman of the company.

Daniel Zhang joined as the CEO of Alibaba, in 2015, and since then, Alibaba has seen consistent and sustainable growth, for 13 consecutive quarters. On this Jack Ma said, “This transition demonstrates that Alibaba has stepped up to the next level of corporate governance from a company that relies on individuals, to one built on systems of organizational excellence and a culture of talent development”.

Apple Pulls Out 25000 Illegal Apps From China’s App Store

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App Store
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The news of Google re-entering into China has already created many controversies, even within the company resulting in a mass protest by its employees. Now again Apple, an American company is facing some regularity issues in China.

Noticeably, the State media broadcaster CCTV had recently criticised Apple for allowing many illegal apps on the App Store. The media has been giving a negative feedback to Apple for its no control over such apps. Apple has removed over 25000 apps from its App Store and allegedly, 4000 of them, were based on gambling. With the removal of these illegal apps, Apple has also removed those developers that distribute them.

Gambling is not allowed in China and most of these apps had used Gambling as a keyword. China media had criticised Apple for not doing enough to stop this kind of illegal activities. Apple has even made guidelines for uploading Apps on to the App store and has restricted these type of apps.

“Gambling apps are illegal and not allowed on the App Store in China,” Apple said in an emailed statement sent to Bloomberg on Monday. “We have already removed many apps and developers for trying to distribute illegal gambling apps on our App Store, and we are vigilant in our efforts to find these and stop them from being on the App Store.”

It is a tough task for an American company to maintain a business in world’s largest economy and Apple is trying hard to fall in line with Chinese authorities. Last year Apple pulled out nearly 700 VPN apps from its App Store. Apple has been entangled in conflicts with China in the past. Also, the growing friction between Washington, D.C. and Beijing is also causing the American companies in China to follow all the rules carefully to keep China on their side.

Ren Zhengfei – The Founder of Huawei

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Revolutionary ideas are changing the way we live (of living) our lives. Humans have surpassed their genius and brought innovations which are making this world a better place. As they say, there’s no age limit for you to take charge of your life and invent something that would bring a revolution in the world. While most of today’s innovative start-ups are coming from youngsters the story of Huawei is something entirely different. The Chinese tech giant came into existence when its founder was in his forties. His determination led him to start a company which now is valued over $140 billion.

Early Life

Born on October 25th, 1944 in Anshun, China, Ren Zhengfei to a school president father and schoolteacher mother. His father worked as an accounting clerk in a government arms factory. Ren completed his secondary school and went on to attend Chongqing University in 1960. From there, he joined People’s Liberation Army research institute, to work as a military technologist in the IT unit. Due to his innovations and achievements, he was recognized at various levels and was selected to attend the National Science Conference in 1978 as a PLA delegate.

He retired from the army in 1983 after nine years when the Chinese government discontinued the whole engineering unit. After retiring, Ren went on to work with Shenzhen South Sea Oil Corporation. But soon left the job in 1987 as it was not as satisfactory work as per his talent. By the time he left Shenzhen, he had capital of about sh10 million.

The Beginning of Huawei

Ren founded Huawei Technologies Co. Ltd the same year as he left Shenzhen. With the initial investment of 21,000 yuan (about $5000) Huawei’s first business was to sell telephone exchange equipment from Hong Kong. He took the position of Chief Executive Officer and lead the company to make it the world’s third top smartphone selling brand after Apple and Samsung.

Ren Zhengfei
Image Source: www.flickr.com

Huawei focuses on manufacturing different components required for the electronic gadgets. Almost every electronic gadget is made with components made by Huawei. Apart from smartphones and small components, Huawei dominates the market in producing the highest mobile devices like routers, broadband, and 4G network devices. Huawei became the first firm to roll out 5G network across the world.

Ownership

Unlike other big firms, Huawei’s ownership is held by its 85,000 employees. All the employees hold a percentage of the company’s share. That leaves only 1.4% share stake with Ren Zhengfei valued at $450 million, as of 2010. Ren still remains the founder of Huawei and is respected by the employees.

Joe Kelly, Huawei’s VP for international media relations, says, “Zhengfei relinquished ownership of the firm to employees to guarantee its continuity and attract talent.” The company’s campus at Shenzhen in Guangdong province is surrounded with trees and makes a beautiful sight for the workers.

Unique Working Style

Huawei is probably the only company to follow a unique leadership style. Most of the decisions are made by the engineers in the company. Company’s day to day activities are run by three different executives, each one of them retains the position of CEO every six months on a rotational basis. Ren introduced this strategy which was inspired by the migration of the birds. Kelly further added, “Birds migrate in a ‘V’ formation, and engineering shows that the bird at the apex takes the heaviest burden.”
ally, this rotation system helps the company from facing bad politics. Often workers in a corporation tend to follow a certain person, which might create an imbalance among the company’s workforce. But, the rotation system gives equal chance to each one of the leaders to show their talent and take the company forward.

Investment in Research

Huawei is an active investor in innovative research projects and invests 10% of its annual revenue into R&D. The research department holds over 10,000 patents and keeps innovating each year than the previous one.

Ren is an active supporter of Communist Party of China. The company is growing rapidly and Forbes has estimated Zhengfei’s wealth at $2.1 billion. Although he is a billionaire, Zhengfei prefers a low profile lifestyle and even travels on the public transport. He lives with his daughter Cathy Meng who is also the CFO of Huawei.

William Ding Lei

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“Life is just like chocolates with liquor and you never know what’s inside”, said a man who dreamt of being an excellent mechanical engineer and is now the richest person in China. Being the most populated country, China also offers numerous opportunities to individuals to invent a product or a service that millions of people can use on the go. William Ding , the founder of NetEase, did just the same. Keeping money as his secondary target Ding aimed for something extraordinary that would evolve China.

Early Life
Born on 1st October, 1971 in Ningbo, Zhejiang, China, Ding was interested in electronics from the early age of 13. And at 16 he managed to assemble electronic parts to make six transistor radios. Ding earned a bachelor’s degree from Chengdu College of Electronic Science and Technology. Just after graduation he took a job as an engineer in the local state department. He quit that job soon to join Sybase in Guangzhou. After working there for a while William Ding decided to go on his own and start a company.

The Birth of NetEase
It was 1997 when Ding finally started his own venture with dozen other employees. The company, for first two years, focused on development of Internet applied software, one of its kind in China, a bilingual e-mail system. The e-mail system quickly earned popularity and became buzz of the town. William Ding then conceptualized and brought the company into new light by hosting a search engine platform and microblogging on NetEase. The next thing they knew was NetEase becoming the largest internet portal in China.

NetEase then ventured into their most profitable launch ever – multiplayer gaming. NetEase’s gaming portal has thousands of massively popular games one of which is World of Warcraft. Millions of players from China as well as the whole world visit NetEase to play these multiplayer games. This web portal has made Ding Lei the richest man in China with billions of net worth. Popularly known as the ‘video game billionaire’ in China Ding Lei has made it to the top by creating opportunities for himself. In one of his interviews Ding Lei said, “Smart guys seize opportunities and never let them slip between their fingers. And those who think themselves weak always wait for opportunities.” The engineering genius considered Albert Einstein and Thomas Edison as his heroes. His intellect and love for reading always made him stand out among his classmates. During his college he chose to read as many IT books as possible from the school library rather than to focus on getting high marks. Ding Lei often raised questions which would be so unique that they sounded weird.

His constant reading and practicing what he believed led him to write an entire software code unlike his other classmates. He also quit good paying job to pursue his dream.

Ding Lei’s Goals
Lei considers NetEase as a responsibility towards users, clients, investors, and employees. His aim was to make gaming enjoyable, educational and believes that the next decade will see a massive rise in e-business. William Ding believes in talent and spends both time and money to upgrade skills his employees through training. He prefers to personally recruit people from his own alma mater and other colleges and universities.

Apart from the internet business Ding Lei plans to bring the farmers who have lost their farms for factories back into business. He plans to invest in organic farming to produce quality food. He can, thus, bring some of the country’s capital towards countryside. His another share for the Chinese people is to make them literate. Lei has appointed a team who translated American college lessons into Mandarin with subtitles.

Despite of his busy schedule, Lei has particular time devoted for his study. He likes to read as many books on IT as possible and to increase his knowledge base. In 2004 he was awarded as the ‘Technology Change Agent for Innovative use of Technology’. He lives in Guangzhou with his wife Wang Xunfang.

Liu Chuanzhi Founder of Lenovo

Founder, start-up, Tech Story / By

Hardships are the rigorous tests in a determined person’s life. Hardships come in numerous faces and it is this time when a human being’s ability and patience to deal and overcome the difficult time is tested. Those who come strong out of this deadly storm are the one’s who create history and make a difference in the world. Liu Chuanzhi is one such person who despite of humongous political constraints, managed to build a company which now ranks number two in the production of computers in the whole world.

Born on April 29, 1944 in Shanghai, China, Liu Chuanzhi grew up during the worst of times. Liu’s father was an executive with the Bank of China in Shanghai. However, his connections with the Chinese Communists would create a problem in Liu’s future. Liu’s childhood was encompassed with the years of unstable politics and tension in the government. In 1961, he admitted himself in Xian Military Communication Engineering College. Due to his father’s political connections Liu was not allowed to study sensitive subjects and he completed his graduation in 1966 specializing in Radar Systems. This course, however, exposed him for the first time to the computing world.

Just two years after graduation, Liu’s past yet again haunted him and sent him down for labor work. This time it was due to his anti-revolutionary ideas which led the officials to send him to work on a state-owned rice farm as a laborer and learn by living among the peasants from 1968 to 1970. By this time, the Chinese Academy of Sciences was reopened which was closed due to Chinese Cultural Revolution. Liu returned to his job at Beijing and went on to work as an engineer and an administrator. Liu provided a lion’s share in developing the 757 mainframe computer. He resigned from his job in 1984 to join Chinese Academy of Sciences – the place where the computer producing giant Lenovo would be born.

Early Days

After joining Chinese Academy of Sciences Liu stumbled upon an idea to start a computer company. But, there were multiple barriers standing in front of him and his dream. First, the Chinese government did not encourage start-ups and ran a strictly planned economy. So the funding from government was out of question. Second, for a scientist to jump into business was considered below one’s dignity and, therefore, the company Liu would start won’t have a single market expert who knows how the business should work. Despite of this barriers, Liu received a 200,000 yuan ($24,000 USD) loan from his superior at the Chinese Academy of Sciences.

Liu’s computer company, initially named Legend, was compared to the early days of Apple. The company’s manufacturing unit began in a small 20 square yards room in Beijing. The company worked on the research of magnetic storage technology in its initial stage. In 1985, Legend did something which no other computer company had ever done, they built a Chinese character set for computers. Since, the Chinese language consisted of huge number of characters it was almost an impossible task to bring all those characters in digital form. But, the development of a character set put Legend multiple steps ahead of any other company. Due to the lack of business knowledge the company often faced opinion problems among the members. But, Liu’s leadership and his study of other big companies like HP and IBM helped him to sketch an influential business and marketing strategy.

Legend started selling computers six years after its foundation, i.e., in 1990. And by 1996, the company climbed on top of the computer manufacturing company’s list surpassing IBM. Liu believed in young people in their energy and talent which could pave a way to keep the company on cutting edge of innovation and technology. Most of the company’s higher staff included young people during the 90s. By developing Pentium II processor Legend once again proved that they are and will always be on the top of the market.

The company saw its massive success in 2004 when they were declared as the largest PC manufacturing company. In 2006, Legend was renamed as Lenovo Group to enter into the UK and Europian market where the name ‘Legend’ was already trademarked. Legend also became the first company to join the sponsorship for Olympic Games held in Turin, Italy in 2006.

In 1995, the Chinese government honored Liu as the Model of National Work Force and Man of Reform in China. In 2005, Liu has also been listed in Time’s one of the 25 most influential global executives.