China's Zhurong Mars rover travels over 800 meters
As of Aug. 6, 2021, the Zhurong rover has worked on the Martian surface for 82 Martian days and has traveled a cumulative distance of 808 meters, the Chinese Lunar Exploration Program (CLEP) said Friday. The Tianwen 1 probe carrying Zhurong was successfully launched on July 23, 2020, from the southern Chinese city of Wenchang,…
https://cntechpost.com/2021/08/06/chinas-zhurong-mars-rover-travels-over-800-meters/
As of Aug. 6, 2021, the Zhurong rover has worked on the Martian surface for 82 Martian days and has traveled a cumulative distance of 808 meters, the Chinese Lunar Exploration Program (CLEP) said Friday. The Tianwen 1 probe carrying Zhurong was successfully launched on July 23, 2020, from the southern Chinese city of Wenchang,…
https://cntechpost.com/2021/08/06/chinas-zhurong-mars-rover-travels-over-800-meters/
CnTechPost
China's Zhurong Mars rover travels over 800 meters - CnTechPost
As of Aug. 6, 2021, the Zhurong rover has worked on the Martian surface for 82 Martian days and has traveled a cumulative distance of 808 meters, the Chinese Lunar Exploration Program (CLEP) said Friday.
Tencent launches new round of campus recruitment, offering over 7,000 positions
Tencent's 2022 fall campus recruitment launched on Friday, offering over 7,000 positions, an increase of more than 40 percent over last year. Tencent is opening five categories of positions for 2022 graduates this year, including technology, product, design, marketing and functional positions. As of the first quarter of this year, the total number of Tencent…
https://cntechpost.com/2021/08/06/tencent-launches-new-round-of-campus-recruitment-offering-over-7000-positions/
Tencent's 2022 fall campus recruitment launched on Friday, offering over 7,000 positions, an increase of more than 40 percent over last year. Tencent is opening five categories of positions for 2022 graduates this year, including technology, product, design, marketing and functional positions. As of the first quarter of this year, the total number of Tencent…
https://cntechpost.com/2021/08/06/tencent-launches-new-round-of-campus-recruitment-offering-over-7000-positions/
CnTechPost
Tencent launches new round of campus recruitment, offering over 7,000 positions - CnTechPost
Tencent's 2022 fall campus recruitment launched on Friday, offering over 7,000 positions, an increase of more than 40 percent over last year.
Kuaishou, which saw its shares drop about 80% from all-time high, responds in bizarre way
TikTok's local competitor Kuaishou posted a message on its official WeChat account on Friday that seemed to be a subtle response to the sharp pullback in its share price. The post quotes seven songs whose titles are linked together to form the phrase "Friends, calmly face the irrational shocks. It doesn't matter if the tide…
https://cntechpost.com/2021/08/06/kuaishou-which-saw-its-shares-drop-about-80-from-all-time-high-responds-in-bizarre-way/
TikTok's local competitor Kuaishou posted a message on its official WeChat account on Friday that seemed to be a subtle response to the sharp pullback in its share price. The post quotes seven songs whose titles are linked together to form the phrase "Friends, calmly face the irrational shocks. It doesn't matter if the tide…
https://cntechpost.com/2021/08/06/kuaishou-which-saw-its-shares-drop-about-80-from-all-time-high-responds-in-bizarre-way/
CnTechPost
Kuaishou, which saw its shares drop about 80% from all-time high, responds in bizarre way - CnTechPost
The post quotes seven songs whose titles are linked together to form the phrase "Friends, calmly face the irrational shocks. It doesn't matter if the tide rises or falls, tomorrow will be better."
Huawei's Q2 revenue falls 38% to $26.3 billion
Huawei's revenue for the second quarter fell 38 percent to RMB 170.4 billion ($26.3 billion), according to the company's operating results released on Friday. Huawei's unaudited sales revenue for the first half of the year was RMB 320.4 billion, with a net profit margin of 9.8 percent, the report showed. Of the total, revenue from…
https://cntechpost.com/2021/08/06/huaweis-q2-revenue-falls-38-to-26-3-billion/
Huawei's revenue for the second quarter fell 38 percent to RMB 170.4 billion ($26.3 billion), according to the company's operating results released on Friday. Huawei's unaudited sales revenue for the first half of the year was RMB 320.4 billion, with a net profit margin of 9.8 percent, the report showed. Of the total, revenue from…
https://cntechpost.com/2021/08/06/huaweis-q2-revenue-falls-38-to-26-3-billion/
CnTechPost
Huawei's Q2 revenue falls 38% to $26.3 billion - CnTechPost
Huawei's revenue for the second quarter fell 38 percent to RMB 170.4 billion ($26.3 billion), according to the company's operating results released on Friday.
Xiaomi says Mi Store Portugal's acceptance of cryptocurrency payments unrelated to it
Chinese smartphone giant Xiaomi has denied that one of its overseas online stores has started accepting cryptocurrency payments as its official act. The store, Mi Store Portugal, recently started supporting payments using cryptocurrencies. Mi Store Portugal's move to start accepting cryptocurrency payments is unrelated to Xiaomi’s actions, Xiaomi said on Weibo. "Today we noticed information…
https://cntechpost.com/2021/08/06/xiaomi-says-mi-store-portugals-acceptance-of-cryptocurrency-payments-unrelated-to-it/
Chinese smartphone giant Xiaomi has denied that one of its overseas online stores has started accepting cryptocurrency payments as its official act. The store, Mi Store Portugal, recently started supporting payments using cryptocurrencies. Mi Store Portugal's move to start accepting cryptocurrency payments is unrelated to Xiaomi’s actions, Xiaomi said on Weibo. "Today we noticed information…
https://cntechpost.com/2021/08/06/xiaomi-says-mi-store-portugals-acceptance-of-cryptocurrency-payments-unrelated-to-it/
CnTechPost
Xiaomi says Mi Store Portugal's acceptance of cryptocurrency payments unrelated to it - CnTechPost
Xiaomi has denied that one of its overseas online stores has started accepting cryptocurrency payments as its official act.
Citi maintains Buy rating on Alibaba, lowers price target to HK$288 for its HK shares
Citi maintained a Buy rating on Alibaba in its latest research note but lowered its price target to HK$288 ($37) from HK$297. Alibaba's overall revenue was lower than expected, with slower growth in cloud services and customer management revenue, though adjusted EBITA and net income were both better than expected, Citi said. The company will…
https://cntechpost.com/2021/08/06/citi-maintains-buy-rating-on-alibaba-lowers-price-target-to-hk288-for-its-hk-shares/
Citi maintained a Buy rating on Alibaba in its latest research note but lowered its price target to HK$288 ($37) from HK$297. Alibaba's overall revenue was lower than expected, with slower growth in cloud services and customer management revenue, though adjusted EBITA and net income were both better than expected, Citi said. The company will…
https://cntechpost.com/2021/08/06/citi-maintains-buy-rating-on-alibaba-lowers-price-target-to-hk288-for-its-hk-shares/
CnTechPost
Citi maintains Buy rating on Alibaba, lowers price target to HK$288 for its HK shares - CnTechPost
Citi maintained a Buy rating on Alibaba in its latest research note but lowered its price target to HK$288 ($37) from HK$297.
Tablet market in Chinese mainland down 24% in Q2, says Canalys
Tablet shipments in the Chinese mainland fell 24 percent year-over-year in the second quarter, according to a report released by Canalys on Friday. Apple's share fell to 31 percent, down from 45 percent in the second quarter of last year. Samsung and Lenovo saw year-over-year growth of 78 percent and 299 percent, ranking third and…
https://cntechpost.com/2021/08/06/tablet-market-in-chinese-mainland-down-24-in-q2-says-canalys/
Tablet shipments in the Chinese mainland fell 24 percent year-over-year in the second quarter, according to a report released by Canalys on Friday. Apple's share fell to 31 percent, down from 45 percent in the second quarter of last year. Samsung and Lenovo saw year-over-year growth of 78 percent and 299 percent, ranking third and…
https://cntechpost.com/2021/08/06/tablet-market-in-chinese-mainland-down-24-in-q2-says-canalys/
CnTechPost
Tablet market in Chinese mainland down 24% in Q2, says Canalys - CnTechPost
Tablet shipments in the Chinese mainland fell 24 percent year-over-year in the second quarter, according to a report released by Canalys on Friday.
Alibaba in public outcry after female employee complains of sexual assault by her leader
A female employee of Alibaba accused her superior and a company client of raping her, becoming the focus of attention for Chinese Internet users this weekend and leaving the Chinese e-commerce giant facing one of its biggest crises since its inception. According to discussions circulating on the Internet, the female Alibaba employee was asked by…
https://cntechpost.com/2021/08/08/alibaba-in-public-outcry-after-female-employee-complains-of-sexual-assault-by-her-leader/
A female employee of Alibaba accused her superior and a company client of raping her, becoming the focus of attention for Chinese Internet users this weekend and leaving the Chinese e-commerce giant facing one of its biggest crises since its inception. According to discussions circulating on the Internet, the female Alibaba employee was asked by…
https://cntechpost.com/2021/08/08/alibaba-in-public-outcry-after-female-employee-complains-of-sexual-assault-by-her-leader/
CnTechPost
Alibaba in public outcry after female employee complains of sexual assault by her leader - CnTechPost
A female employee of Alibaba accused her superior and a company client of raping her, becoming the focus of attention for Chinese Internet users this weekend and leaving the Chinese e-commerce giant facing one of its biggest crises since its inception.
Huawei HarmonyOS exceeds 50 million users
As of Aug. 6, Huawei's HarmonyOS 2 smartphone operating system had more than 50 million users, according to a CCTV report Sunday. With HarmonyOS gaining such momentum, Huawei raised its previous goal of reaching 300 million device upgrades by the end of the year to 400 million, according to the report. "HarmonyOS was created not…
https://cntechpost.com/2021/08/09/huawei-harmonyos-exceeds-50-million-users/
As of Aug. 6, Huawei's HarmonyOS 2 smartphone operating system had more than 50 million users, according to a CCTV report Sunday. With HarmonyOS gaining such momentum, Huawei raised its previous goal of reaching 300 million device upgrades by the end of the year to 400 million, according to the report. "HarmonyOS was created not…
https://cntechpost.com/2021/08/09/huawei-harmonyos-exceeds-50-million-users/
CnTechPost
Huawei HarmonyOS exceeds 50 million users - CnTechPost
As of Aug. 6, Huawei's HarmonyOS 2 smartphone operating system had more than 50 million users, according to a CCTV report Sunday.
Tencent Music unveils first digital collections with NFT technology
Tencent Music's first digital collections of music using NFT technology will be available soon and will go live on QQ Music this month, the company announced on Weibo on Aug. 9. The digital collection uses Tencent's Zhixin Chain, the company said, adding that this digital artwork using NFT technology covers video, audio, vinyl records, and…
https://cntechpost.com/2021/08/09/tencent-music-unveils-first-digital-collections-with-nft-technology/
Tencent Music's first digital collections of music using NFT technology will be available soon and will go live on QQ Music this month, the company announced on Weibo on Aug. 9. The digital collection uses Tencent's Zhixin Chain, the company said, adding that this digital artwork using NFT technology covers video, audio, vinyl records, and…
https://cntechpost.com/2021/08/09/tencent-music-unveils-first-digital-collections-with-nft-technology/
CnTechPost
Tencent Music unveils first digital collections with NFT technology - CnTechPost
Tencent Music's first digital collections of music using NFT technology will be available soon and will go live on QQ Music this month, the company announced on Weibo on Aug. 9.
Xiaomi becomes No. 1 in Southeast Asia smartphone market for first time
After becoming the No. 1 smartphone vendor in Europe, Chinese smartphone giant Xiaomi has also won the crown in Southeast Asia. Xiaomi became the No. 1 smartphone vendor in Southeast Asia for the first time, the company said on Aug. 9, citing data from market research firm Canalys for the second quarter. The data showed…
https://cntechpost.com/2021/08/10/xiaomi-becomes-no-1-in-southeast-asia-smartphone-market-for-first-time/
After becoming the No. 1 smartphone vendor in Europe, Chinese smartphone giant Xiaomi has also won the crown in Southeast Asia. Xiaomi became the No. 1 smartphone vendor in Southeast Asia for the first time, the company said on Aug. 9, citing data from market research firm Canalys for the second quarter. The data showed…
https://cntechpost.com/2021/08/10/xiaomi-becomes-no-1-in-southeast-asia-smartphone-market-for-first-time/
CnTechPost
Xiaomi becomes No. 1 in Southeast Asia smartphone market for first time - CnTechPost
After becoming the No. 1 smartphone vendor in Europe, Chinese smartphone giant Xiaomi has also won the crown in Southeast Asia.
Vivo opens smart manufacturing centers in Pakistan and Turkey
Chinese smartphone giant Vivo recently announced the opening of smart manufacturing centers in Pakistan and Turkey to increase its global reach. The Pakistan smart manufacturing center covers 16,000 square meters with a total investment of RMB 65 million ($10.02 million) and a design capacity of 6 million units per year. The Turkey smart manufacturing center…
https://cntechpost.com/2021/08/10/vivo-opens-smart-manufacturing-centers-in-pakistan-and-turkey/
Chinese smartphone giant Vivo recently announced the opening of smart manufacturing centers in Pakistan and Turkey to increase its global reach. The Pakistan smart manufacturing center covers 16,000 square meters with a total investment of RMB 65 million ($10.02 million) and a design capacity of 6 million units per year. The Turkey smart manufacturing center…
https://cntechpost.com/2021/08/10/vivo-opens-smart-manufacturing-centers-in-pakistan-and-turkey/
CnTechPost
Vivo opens smart manufacturing centers in Pakistan and Turkey - CnTechPost
Vivo recently announced the opening of smart manufacturing centers in Pakistan and Turkey to increase its global reach.
China's space station's core module Tianhe to turn into a lab soon
China's space station core module Tianhe will soon be turned into a laboratory, Xinhua News Agency reported Tuesday. After Tianhe's infrastructure is completed, astronauts will need to assemble and test scientific experiment equipment to establish a space experiment environment. In other words, Tianhe will be temporarily turned into a laboratory until the Wentian Experiment Module…
https://cntechpost.com/2021/08/10/chinas-space-stations-core-module-tianhe-to-turn-into-a-lab-soon/
China's space station core module Tianhe will soon be turned into a laboratory, Xinhua News Agency reported Tuesday. After Tianhe's infrastructure is completed, astronauts will need to assemble and test scientific experiment equipment to establish a space experiment environment. In other words, Tianhe will be temporarily turned into a laboratory until the Wentian Experiment Module…
https://cntechpost.com/2021/08/10/chinas-space-stations-core-module-tianhe-to-turn-into-a-lab-soon/
CnTechPost
China's space station's core module Tianhe to turn into a lab soon - CnTechPost
After Tianhe's infrastructure is completed, astronauts will need to assemble and test scientific experiment equipment to establish a space experiment environment.
Xiaomi unveils Mi MIX 4 with prices starting at about $770
Xiaomi announced the Mi MIX 4, a full-screen phone, on the evening of August 10, with four versions priced from RMB 4,999 ($770) to RMB 6,299. The MIX 4's 20MP front-facing camera is hidden underneath the CUP full-screen display, achieving a 100-percent pixel display with 400 PPI. The 6.67-inch AMOLED flexible screen supports 10-bit color,…
https://cntechpost.com/2021/08/11/xiaomi-unveils-mi-mix-4-with-prices-starting-at-about-770/
Xiaomi announced the Mi MIX 4, a full-screen phone, on the evening of August 10, with four versions priced from RMB 4,999 ($770) to RMB 6,299. The MIX 4's 20MP front-facing camera is hidden underneath the CUP full-screen display, achieving a 100-percent pixel display with 400 PPI. The 6.67-inch AMOLED flexible screen supports 10-bit color,…
https://cntechpost.com/2021/08/11/xiaomi-unveils-mi-mix-4-with-prices-starting-at-about-770/
CnTechPost
Xiaomi unveils Mi MIX 4 with prices starting at about $770 - CnTechPost
Xiaomi announced the Mi MIX 4 with four versions priced from RMB 4,999 ($770) to RMB 6,299.
Luckin Coffee said to be mulling new funding round
Chinese coffee chain Luckin Coffee is mulling new funding round with participants including Foucstar Capital, an investment platform owned by Fivestar Holdings, New Consumer Daily reported Tuesday. Fivestar is a potential participant in a new round of funding for Luckin Coffee, but can't say it's a confirmed participant yet, the company said. Luckin Coffee responded…
https://cntechpost.com/2021/08/11/luckin-coffee-said-to-be-mulling-new-funding-round/
Chinese coffee chain Luckin Coffee is mulling new funding round with participants including Foucstar Capital, an investment platform owned by Fivestar Holdings, New Consumer Daily reported Tuesday. Fivestar is a potential participant in a new round of funding for Luckin Coffee, but can't say it's a confirmed participant yet, the company said. Luckin Coffee responded…
https://cntechpost.com/2021/08/11/luckin-coffee-said-to-be-mulling-new-funding-round/
CnTechPost
Luckin Coffee said to be mulling new funding round - CnTechPost
Luckin Coffee is mulling new funding round with participants including Foucstar Capital, local media reported.
Bilibili tops 65 million daily active users, overtakes Youku to become China's third-largest long-form video platform
Chinese video site Bilibili recently surpassed 65 million daily active users, surpassing Youku to become China's third-largest long-form video platform after iQiyi and Tencent Video, LatePost reported Wednesday. In terms of user duration, Bilibili has stabilized at more than 80 minutes, lower than TikTok's more than 100 minutes, the report said. Bilibili was founded in…
https://cntechpost.com/2021/08/11/bilibili-tops-65-million-daily-active-users-overtakes-youku-to-become-chinas-third-largest-long-form-video-platform/
Chinese video site Bilibili recently surpassed 65 million daily active users, surpassing Youku to become China's third-largest long-form video platform after iQiyi and Tencent Video, LatePost reported Wednesday. In terms of user duration, Bilibili has stabilized at more than 80 minutes, lower than TikTok's more than 100 minutes, the report said. Bilibili was founded in…
https://cntechpost.com/2021/08/11/bilibili-tops-65-million-daily-active-users-overtakes-youku-to-become-chinas-third-largest-long-form-video-platform/
CnTechPost
Bilibili tops 65 million daily active users, overtakes Youku to become China's third-largest long-form video platform - CnTechPost
In terms of user duration, Bilibili has stabilized at more than 80 minutes, lower than TikTok's more than 100 minutes.
China's smartphone market sees lowest Q2 sales since 2012, Counterpoint says
Smartphone sales in China alone fell 13 percent to 75 million units in the second quarter from the previous quarter, the lowest on record for the period, market research firm Counterpoint Research said Wednesday. Smartphone sales for the quarter fell 6 percent year-over-year, indicating a weaker market than last year, Counterpoint said. Demand for smartphones…
https://cntechpost.com/2021/08/11/chinas-smartphone-market-sees-lowest-q2-sales-since-2012-counterpoint-says/
Smartphone sales in China alone fell 13 percent to 75 million units in the second quarter from the previous quarter, the lowest on record for the period, market research firm Counterpoint Research said Wednesday. Smartphone sales for the quarter fell 6 percent year-over-year, indicating a weaker market than last year, Counterpoint said. Demand for smartphones…
https://cntechpost.com/2021/08/11/chinas-smartphone-market-sees-lowest-q2-sales-since-2012-counterpoint-says/
CnTechPost
China's smartphone market sees lowest Q2 sales since 2012, Counterpoint says - CnTechPost
Smartphone sales for the quarter fell 6 percent year-over-year, indicating a weaker market than last year, Counterpoint said.
China's cell phone shipments up 28.6% year-over-year to 28.68 million units in July
China shipped 28.676 million cell phones in July, up 28.6 percent year-over-year and 11.7 percent from the previous month, according to a report released Thursday by the China Academy of Information and Communications Technology (CAICT). The number of 5G cell phone shipments in July was 22.834 million units, up 64.1 percent year-over-year and 15.4 percent…
https://cntechpost.com/2021/08/12/chinas-cell-phone-shipments-up-28-6-year-over-year-to-28-68-million-units-in-july/
China shipped 28.676 million cell phones in July, up 28.6 percent year-over-year and 11.7 percent from the previous month, according to a report released Thursday by the China Academy of Information and Communications Technology (CAICT). The number of 5G cell phone shipments in July was 22.834 million units, up 64.1 percent year-over-year and 15.4 percent…
https://cntechpost.com/2021/08/12/chinas-cell-phone-shipments-up-28-6-year-over-year-to-28-68-million-units-in-july/
CnTechPost
China's cell phone shipments up 28.6% year-over-year to 28.68 million units in July - CnTechPost
The number of 5G cell phone shipments in July was 22.834 million units, up 64.1 percent year-over-year.
Baidu launches its largest campus recruitment, will offer 8,000 positions
Chinese search engine and AI giant Baidu launched its campus recruitment for the class of 2022 college graduates on August 12, opening up 8,000 positions in technology, product and design fields. Baidu said this is the largest campus recruitment ever. Compared with last year, the positions this year are more diversified, with new job opportunities…
https://cntechpost.com/2021/08/12/baidu-launches-its-largest-campus-recruitment-will-offer-8000-positions/
Chinese search engine and AI giant Baidu launched its campus recruitment for the class of 2022 college graduates on August 12, opening up 8,000 positions in technology, product and design fields. Baidu said this is the largest campus recruitment ever. Compared with last year, the positions this year are more diversified, with new job opportunities…
https://cntechpost.com/2021/08/12/baidu-launches-its-largest-campus-recruitment-will-offer-8000-positions/
CnTechPost
Baidu launches its largest campus recruitment, will offer 8,000 positions - CnTechPost
Baidu launched its campus recruitment for the class of 2022 college graduates on August 12, opening up 8,000 positions in technology, product and design fields.
Honor launches Magic 3 series smartphones with prices starting at $710
Honor announced the Magic 3 series of smartphones on Thursday, offering three models with prices starting at RMB 4,599 ($710). The phone opened for pre-order at 22:00 on August 12 and will be available at 10:08 on August 20. It is powered by Qualcomm's 5G chip platform Snapdragon 888 Plus and features a 6.76-inch curved…
https://cntechpost.com/2021/08/13/honor-launches-magic-3-series-smartphones-with-prices-starting-at-710/
Honor announced the Magic 3 series of smartphones on Thursday, offering three models with prices starting at RMB 4,599 ($710). The phone opened for pre-order at 22:00 on August 12 and will be available at 10:08 on August 20. It is powered by Qualcomm's 5G chip platform Snapdragon 888 Plus and features a 6.76-inch curved…
https://cntechpost.com/2021/08/13/honor-launches-magic-3-series-smartphones-with-prices-starting-at-710/
CnTechPost
Honor launches Magic 3 series smartphones with prices starting at $710 - CnTechPost
Honor announced the Magic 3 series of smartphones on Thursday, offering three models with prices starting at RMB 4,599 ($710).
Is BEST Inc undervalued gem?
Editor's note: This is a guest post from Daniel Tyler, a BEST Inc investor, and does not represent the views of CnTechPost. If you have ideas you would like to share with our readers, feel free to send them to us. Articles written for the purpose of link building will not be considered and such…
https://cntechpost.com/2021/08/13/is-best-inc-undervalued-gem/
Editor's note: This is a guest post from Daniel Tyler, a BEST Inc investor, and does not represent the views of CnTechPost. If you have ideas you would like to share with our readers, feel free to send them to us. Articles written for the purpose of link building will not be considered and such…
https://cntechpost.com/2021/08/13/is-best-inc-undervalued-gem/
CnTechPost
Is BEST Inc undervalued gem? - CnTechPost
"I like the stock and think more people deserve to know about this undervalued gem," says an investor.