Huawei says it won't give up mobile business
Huawei believes its consumer business can survive and will not give up its cell phone business, the company's rotating chairman, Guo Ping, said in an August 17 post. Guo said he admires Consumer BG's (Business Group) indomitable nature. While the company's mobile business has suffered, smart furniture, audio, display devices and sports and health have…
https://cntechpost.com/2021/08/18/huawei-says-it-wont-give-up-mobile-business/
Huawei believes its consumer business can survive and will not give up its cell phone business, the company's rotating chairman, Guo Ping, said in an August 17 post. Guo said he admires Consumer BG's (Business Group) indomitable nature. While the company's mobile business has suffered, smart furniture, audio, display devices and sports and health have…
https://cntechpost.com/2021/08/18/huawei-says-it-wont-give-up-mobile-business/
CnTechPost
Huawei says it won't give up mobile business - CnTechPost
Huawei believes its consumer business can survive and will not give up its cell phone business, the company's rotating chairman, Guo Ping, said in an August 17 post.
Zhurong Mars rover completes scheduled mission, acquiring about 10GB of raw data
China National Space Administration said Tuesday that as of August 15, the Zhurong Mars rover has completed its scheduled roving mission, acquiring about 10GB of raw data, according to CCTV. China's first Mars exploration mission successfully landed on Mars on May 15, 2021. As of August 15, the Zhurong Mars rover has operated on the…
https://cntechpost.com/2021/08/18/zhurong-mars-rover-completes-scheduled-mission-acquiring-about-10gb-of-raw-data/
China National Space Administration said Tuesday that as of August 15, the Zhurong Mars rover has completed its scheduled roving mission, acquiring about 10GB of raw data, according to CCTV. China's first Mars exploration mission successfully landed on Mars on May 15, 2021. As of August 15, the Zhurong Mars rover has operated on the…
https://cntechpost.com/2021/08/18/zhurong-mars-rover-completes-scheduled-mission-acquiring-about-10gb-of-raw-data/
CnTechPost
Zhurong Mars rover completes scheduled mission, acquiring about 10GB of raw data - CnTechPost
China National Space Administration said Tuesday that as of August 15, the Zhurong Mars rover has completed its scheduled roving mission, acquiring about 10GB of raw data, according to CCTV.
Baidu announces mass production of Kunlun 2 chip
Kunlun 2, a 7nm AI chip developed by Chinese search engine giant Baidu, has achieved mass production, the company announced on Wednesday. Kunlun 2 is equipped with Baidu's in-house developed second-generation XPU architecture, which offers a 2-3 times performance boost compared to the first generation and will be suitable for multiple scenarios in the future,…
https://cntechpost.com/2021/08/18/baidu-announces-mass-production-of-kunlun-2-chip/
Kunlun 2, a 7nm AI chip developed by Chinese search engine giant Baidu, has achieved mass production, the company announced on Wednesday. Kunlun 2 is equipped with Baidu's in-house developed second-generation XPU architecture, which offers a 2-3 times performance boost compared to the first generation and will be suitable for multiple scenarios in the future,…
https://cntechpost.com/2021/08/18/baidu-announces-mass-production-of-kunlun-2-chip/
CnTechPost
Baidu announces mass production of Kunlun 2 chip - CnTechPost
Kunlun 2, a 7nm AI chip developed by Chinese search engine giant Baidu, has achieved mass production, the company announced on Wednesday.
Tencent reveals for first time share of game revenue from elementary school students
Chinese social media and gaming giant Tencent announced for the first time the contribution of its elementary school student population to its gaming business in its second-quarter earnings report released today. Minors under the age of 16 accounted for 2.6 percent of its online game revenue streams in China, including just 0.3 percent from elementary…
https://cntechpost.com/2021/08/18/tencent-reveals-for-first-time-share-of-game-revenue-from-elementary-school-students/
Chinese social media and gaming giant Tencent announced for the first time the contribution of its elementary school student population to its gaming business in its second-quarter earnings report released today. Minors under the age of 16 accounted for 2.6 percent of its online game revenue streams in China, including just 0.3 percent from elementary…
https://cntechpost.com/2021/08/18/tencent-reveals-for-first-time-share-of-game-revenue-from-elementary-school-students/
CnTechPost
Tencent reveals for first time share of game revenue from elementary school students - CnTechPost
Minors under the age of 16 accounted for 2.6 percent of its online game revenue in China, including just 0.3 percent from elementary school students under the age of 12, the company said.
China passes personal information protection law, effective Nov 1
China announced on August 20 the adoption of a personal information protection law, effective November 1, 2021, to strengthen the protection of personal privacy in the digital age. Service providers that push information and commercial marketing to individuals through automated decision-making shall provide options that do not target their personal characteristics or provide convenient ways…
https://cntechpost.com/2021/08/20/china-passes-personal-information-protection-law-effective-nov-1/
China announced on August 20 the adoption of a personal information protection law, effective November 1, 2021, to strengthen the protection of personal privacy in the digital age. Service providers that push information and commercial marketing to individuals through automated decision-making shall provide options that do not target their personal characteristics or provide convenient ways…
https://cntechpost.com/2021/08/20/china-passes-personal-information-protection-law-effective-nov-1/
CnTechPost
China passes personal information protection law, effective Nov 1 - CnTechPost
China announced on August 20 the adoption of a personal information protection law, effective November 1, 2021, to strengthen the protection of personal privacy in the digital age.
Vivo hiring chip engineer with annual salary of up to $280,000
Chinese smartphone giant Vivo recently posted several chip-related job openings, including one for a director of image signal processor (ISP) chips with an annual salary of up to RMB 1.8 million ($280,000), according to information from recruiting site BOSS Zhipin. The position requires more than 10 years of experience in ISP image processing algorithms and…
https://cntechpost.com/2021/08/23/vivo-hiring-chip-engineer-with-annual-salary-of-up-to-280000/
Chinese smartphone giant Vivo recently posted several chip-related job openings, including one for a director of image signal processor (ISP) chips with an annual salary of up to RMB 1.8 million ($280,000), according to information from recruiting site BOSS Zhipin. The position requires more than 10 years of experience in ISP image processing algorithms and…
https://cntechpost.com/2021/08/23/vivo-hiring-chip-engineer-with-annual-salary-of-up-to-280000/
CnTechPost
Vivo hiring chip engineer with annual salary of up to $280,000 - CnTechPost
The position requires more than 10 years of experience in ISP image processing algorithms and design-related work, with key responsibilities including team formation and technical planning.
Digital RMB used for driverless bus rides for first time
China's first test of using Digital RMB to ride driverless buses was completed in Suzhou, eastern Jiangsu Province, marking the first time China's legal digital currency has been used to ride a driverless bus. The vehicles in the test support payment instruments including Digital RMB, UnionPay, WeChat Pay, Alipay, Adapay, China T-union, and Suzhou Citizen…
https://cntechpost.com/2021/08/23/digital-rmb-used-for-driverless-bus-rides-for-first-time/
China's first test of using Digital RMB to ride driverless buses was completed in Suzhou, eastern Jiangsu Province, marking the first time China's legal digital currency has been used to ride a driverless bus. The vehicles in the test support payment instruments including Digital RMB, UnionPay, WeChat Pay, Alipay, Adapay, China T-union, and Suzhou Citizen…
https://cntechpost.com/2021/08/23/digital-rmb-used-for-driverless-bus-rides-for-first-time/
CnTechPost
Digital RMB used for driverless bus rides for first time - CnTechPost
China's first test of using Digital RMB to ride driverless buses was completed in Suzhou, marking the first time China's legal digital currency has been used to ride a driverless bus.
China's high-speed rail has covered more than 95 percent of cities with a popula
China's high-speed rail has covered more than 95 percent of cities with a population of 1 million by the end of 2020, an official said at a news conference on Tuesday. China's highways already cover more than 98 percent of cities with 200,000 people, and civilian airports cover more than 92 percent of prefectural-level cities,…
https://cntechpost.com/2021/08/24/chinas-high-speed-rail-has-covered-more-than-95-percent-of-cities-with-a-popula/
China's high-speed rail has covered more than 95 percent of cities with a population of 1 million by the end of 2020, an official said at a news conference on Tuesday. China's highways already cover more than 98 percent of cities with 200,000 people, and civilian airports cover more than 92 percent of prefectural-level cities,…
https://cntechpost.com/2021/08/24/chinas-high-speed-rail-has-covered-more-than-95-percent-of-cities-with-a-popula/
CnTechPost
China's high-speed rail has covered more than 95 percent of cities with a popula - CnTechPost
China's highways already cover more than 98 percent of cities with 200,000 people, and civilian airports cover more than 92 percent of prefectural-level cities.
Huawei R&D spending surges to 9 times 2010 level
Chinese tech giant Huawei has been increasing its R&D investment amid the impact of US sanctions and severe restrictions on purchases such as semiconductors. Huawei's R&D spending reached RMB 141.8 billion ($21.89 billion) in fiscal 2020, about 9 times that of fiscal 2010, Nikkei reported Monday. Huawei's smartphone business fell out of the global top…
https://cntechpost.com/2021/08/24/huawei-rd-spending-surges-to-9-times-2010-level/
Chinese tech giant Huawei has been increasing its R&D investment amid the impact of US sanctions and severe restrictions on purchases such as semiconductors. Huawei's R&D spending reached RMB 141.8 billion ($21.89 billion) in fiscal 2020, about 9 times that of fiscal 2010, Nikkei reported Monday. Huawei's smartphone business fell out of the global top…
https://cntechpost.com/2021/08/24/huawei-rd-spending-surges-to-9-times-2010-level/
CnTechPost
Huawei R&D spending surges to 9 times 2010 level - CnTechPost
Huawei's R&D spending reached RMB 141.8 billion ($21.89 billion) in fiscal 2020, about 9 times that of fiscal 2010.
Tianjin encourages research on IC technology for post-Moore era
Northern China's Tianjin encourages local entities to carry out research on IC technology for the post-Moore era to break through core technologies and improve the capabilities of IC raw materials, equipment production, design and manufacturing, and testing and packaging. The Tianjin government on Monday released a plan to accelerate digital development from 2021-2023, saying it…
https://cntechpost.com/2021/08/24/tianjin-encourages-research-on-ic-technology-for-post-moore-era/
Northern China's Tianjin encourages local entities to carry out research on IC technology for the post-Moore era to break through core technologies and improve the capabilities of IC raw materials, equipment production, design and manufacturing, and testing and packaging. The Tianjin government on Monday released a plan to accelerate digital development from 2021-2023, saying it…
https://cntechpost.com/2021/08/24/tianjin-encourages-research-on-ic-technology-for-post-moore-era/
CnTechPost
Tianjin encourages research on IC technology for post-Moore era - CnTechPost
Tianjin will support the R&D and application of technologies including integrated chip for perception and computing, 5G RF front-end module, blockchain technology and support system, and quantum technology.
Vivo's first chip will be an imaging chip called V1
Chinese smartphone maker Vivo's first chip will be a professional imaging chip called V1, which has already been mass-produced and will be installed in Vivo's new flagship X70 series, according to a report by local media Jiemian.com on Thursday. In response to the report, Vivo replied to Sina Tech saying "stay tuned", tacitly confirming the…
https://cntechpost.com/2021/08/26/vivos-first-chip-will-be-an-imaging-chip-called-v1/
Chinese smartphone maker Vivo's first chip will be a professional imaging chip called V1, which has already been mass-produced and will be installed in Vivo's new flagship X70 series, according to a report by local media Jiemian.com on Thursday. In response to the report, Vivo replied to Sina Tech saying "stay tuned", tacitly confirming the…
https://cntechpost.com/2021/08/26/vivos-first-chip-will-be-an-imaging-chip-called-v1/
CnTechPost
Vivo's first chip will be an imaging chip called V1 - CnTechPost
Vivo's first chip will be a professional imaging chip called V1, which has already been mass-produced and will be installed in Vivo's new flagship X70 series.
ByteDance reportedly enters VR sector with RMB 5 billion acquisition
ByteDance, the parent company of Beijing-based TikTok, has officially entered the industry by acquiring VR hardware maker Pico for RMB 5 billion ($770 million), industry website vrtuoluo.cn reported Thursday. ByteDance has not yet confirmed the news, and if true, the move appears to be similar to Facebook's acquisition of Oculus in 2014, the report said.…
https://cntechpost.com/2021/08/26/bytedance-reportedly-enters-vr-sector-with-rmb-5-billion-acquisition/
ByteDance, the parent company of Beijing-based TikTok, has officially entered the industry by acquiring VR hardware maker Pico for RMB 5 billion ($770 million), industry website vrtuoluo.cn reported Thursday. ByteDance has not yet confirmed the news, and if true, the move appears to be similar to Facebook's acquisition of Oculus in 2014, the report said.…
https://cntechpost.com/2021/08/26/bytedance-reportedly-enters-vr-sector-with-rmb-5-billion-acquisition/
CnTechPost
ByteDance reportedly enters VR sector with RMB 5 billion acquisition - CnTechPost
ByteDance has not yet confirmed the news, and if true, the move appears to be similar to Facebook's acquisition of Oculus in 2014.
China's IC exports expected to grow 18% this year
China's IC exports are expected to grow by 18 percent in 2021 and imports by 17 percent, comnews.cn recently quoted He Yi from the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) as saying. China's IC imports rose 27.2 percent year-over-year to $233.33 billion from January to July 2021,…
https://cntechpost.com/2021/08/27/chinas-ic-exports-expected-to-grow-18-this-year/
China's IC exports are expected to grow by 18 percent in 2021 and imports by 17 percent, comnews.cn recently quoted He Yi from the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) as saying. China's IC imports rose 27.2 percent year-over-year to $233.33 billion from January to July 2021,…
https://cntechpost.com/2021/08/27/chinas-ic-exports-expected-to-grow-18-this-year/
CnTechPost
China's IC exports expected to grow 18% this year - CnTechPost
China's IC imports rose 27.2 percent year-over-year to $233.33 billion from January to July 2021, up 42.1 percent year-over-year, according to China Customs.
VR startup Pico confirms acquisition by ByteDance
Chinese VR startup Pico has confirmed in an all-staff letter that it has been acquired by Beijing-based TikTok parent company ByteDance, jiemian.com reported Sunday. Pico will be merged into ByteDance's VR-related business and will invest more in product development and developer ecology, the letter said. Pico is a leading Chinese VR hardware maker, with Chinese…
https://cntechpost.com/2021/08/30/vr-startup-pico-confirms-acquisition-by-bytedance/
Chinese VR startup Pico has confirmed in an all-staff letter that it has been acquired by Beijing-based TikTok parent company ByteDance, jiemian.com reported Sunday. Pico will be merged into ByteDance's VR-related business and will invest more in product development and developer ecology, the letter said. Pico is a leading Chinese VR hardware maker, with Chinese…
https://cntechpost.com/2021/08/30/vr-startup-pico-confirms-acquisition-by-bytedance/
CnTechPost
VR startup Pico confirms acquisition by ByteDance - CnTechPost
Chinese VR startup Pico has confirmed in an all-staff letter that it has been acquired by Beijing-based TikTok parent company ByteDance, jiemian.com reported Sunday.
Meituan's Q2 revenue up 77% year-over-year to $6.77 billion
China's online service super-app Meituan's revenue rose 77 percent year-over-year to RMB 43.76 billion ($6.77 billion) in the second quarter, with a net loss of RMB 3.36 billion, according to the company's second-quarter earnings report released Monday. The company reported a net loss of RMB 8.2 billion on revenue of RMB 80.78 billion for the…
https://cntechpost.com/2021/08/30/meituans-q2-revenue-up-77-year-over-year-to-6-77-billion/
China's online service super-app Meituan's revenue rose 77 percent year-over-year to RMB 43.76 billion ($6.77 billion) in the second quarter, with a net loss of RMB 3.36 billion, according to the company's second-quarter earnings report released Monday. The company reported a net loss of RMB 8.2 billion on revenue of RMB 80.78 billion for the…
https://cntechpost.com/2021/08/30/meituans-q2-revenue-up-77-year-over-year-to-6-77-billion/
CnTechPost
Meituan's Q2 revenue up 77% year-over-year to $6.77 billion - CnTechPost
Meituan's revenue rose 77 percent year-over-year to RMB 43.76 billion ($6.77 billion) in the second quarter, with a net loss of RMB 3.36 billion.
Honor opens global headquarters in Shenzhen
Honor, which was spun off from Huawei late last year, said on Monday it opened its global headquarters in Shenzhen. Honor said its R&D centers around the world, including Beijing, Xi'an and Nanjing, have been relocated there. The company said quality hardware facilities, sophisticated lab instruments and a diverse office atmosphere have built a better…
https://cntechpost.com/2021/08/30/honor-opens-global-headquarters-in-shenzhen/
Honor, which was spun off from Huawei late last year, said on Monday it opened its global headquarters in Shenzhen. Honor said its R&D centers around the world, including Beijing, Xi'an and Nanjing, have been relocated there. The company said quality hardware facilities, sophisticated lab instruments and a diverse office atmosphere have built a better…
https://cntechpost.com/2021/08/30/honor-opens-global-headquarters-in-shenzhen/
CnTechPost
Honor opens global headquarters in Shenzhen - CnTechPost
Honor, which was spun off from Huawei late last year, said on Monday it opened its global headquarters in Shenzhen.
Alibaba to invest RMB 100 billion to help common prosperity
Chinese e-commerce giant Alibaba will invest a total of 100 billion yuan by 2025 to contribute to the country's common prosperity, the local news portal zjol.com.cn reported Thursday. Alibaba has launched the "Ten Actions to Promote Common Prosperity" and will set up a special permanent institution for this purpose, according to the report. Alibaba's actions will…
https://cntechpost.com/2021/09/02/alibaba-to-invest-rmb-100-billion-to-help-common-prosperity/
Chinese e-commerce giant Alibaba will invest a total of 100 billion yuan by 2025 to contribute to the country's common prosperity, the local news portal zjol.com.cn reported Thursday. Alibaba has launched the "Ten Actions to Promote Common Prosperity" and will set up a special permanent institution for this purpose, according to the report. Alibaba's actions will…
https://cntechpost.com/2021/09/02/alibaba-to-invest-rmb-100-billion-to-help-common-prosperity/
CnTechPost
Alibaba to invest RMB 100 billion to help common prosperity - CnTechPost
Alibaba has launched the "Ten Actions to Promote Common Prosperity" and will set up a special permanent institution for this purpose.
Huawei says HarmonyOS 2 surpasses 100 million users
As of September 12, Huawei's HarmonyOS 2 user base has exceeded 100 million, about three months after its launch, according to Richard Yu, Huawei's managing director and CEO of its consumer business. Huawei held a new smart office launch event on September 13, where Yu revealed the number, calling HarmonyOS 2 the world's fastest mobile…
https://cntechpost.com/2021/09/14/huawei-says-harmonyos-2-surpasses-100-million-users/
As of September 12, Huawei's HarmonyOS 2 user base has exceeded 100 million, about three months after its launch, according to Richard Yu, Huawei's managing director and CEO of its consumer business. Huawei held a new smart office launch event on September 13, where Yu revealed the number, calling HarmonyOS 2 the world's fastest mobile…
https://cntechpost.com/2021/09/14/huawei-says-harmonyos-2-surpasses-100-million-users/
CnTechPost
Huawei says HarmonyOS 2 surpasses 100 million users - CnTechPost
As of September 12, Huawei's HarmonyOS 2 user base has exceeded 100 million, about three months after its launch, according to Richard Yu, Huawei's managing director and CEO of its consumer business.
Xiaomi unveils concept smart glasses
Chinese smartphone giant Xiaomi on Tuesday unveiled a new concept product -- the Xiaomi Smart Glasses Explorer Edition -- that looks little like regular glasses but delivers a smart experience. Xiaomi said the glasses use Optical Waveguide technology, which hides a micro LED display the size of a sesame seed in the frame and allows…
https://cntechpost.com/2021/09/14/xiaomi-unveils-concept-smart-glasses/
Chinese smartphone giant Xiaomi on Tuesday unveiled a new concept product -- the Xiaomi Smart Glasses Explorer Edition -- that looks little like regular glasses but delivers a smart experience. Xiaomi said the glasses use Optical Waveguide technology, which hides a micro LED display the size of a sesame seed in the frame and allows…
https://cntechpost.com/2021/09/14/xiaomi-unveils-concept-smart-glasses/
CnTechPost
Xiaomi unveils concept smart glasses - CnTechPost
Xiaomi on Tuesday unveiled a new concept product -- the Xiaomi Smart Glasses Explorer Edition -- that looks little like regular glasses but delivers a smart experience.
Luckin Coffee shares up as much as 19% after announcing 33% revenue growth for 2020
Luckin Coffee, which trades on the US Pink Sheets market after delisting, rose more than 19 percent at one point Tuesday, as the company announced 33 percent revenue growth for 2020 and several important developments. By the close of trading, Luckin Coffee's gains narrowed to 3.4 percent to $15.05. Since its delisting on June 29…
https://cntechpost.com/2021/09/22/luckin-coffee-shares-up-as-much-as-19-after-announcing-33-revenue-growth-for-2020/
Luckin Coffee, which trades on the US Pink Sheets market after delisting, rose more than 19 percent at one point Tuesday, as the company announced 33 percent revenue growth for 2020 and several important developments. By the close of trading, Luckin Coffee's gains narrowed to 3.4 percent to $15.05. Since its delisting on June 29…
https://cntechpost.com/2021/09/22/luckin-coffee-shares-up-as-much-as-19-after-announcing-33-revenue-growth-for-2020/
CnTechPost
Luckin Coffee shares up as much as 19% after announcing 33% revenue growth for 2020 - CnTechPost
Since its delisting on June 29 last year, the company has accumulated a 990 percent gain in the Pink Sheets market.
Alibaba, Baidu take stakes in local chipmaker Phytium
Chinese tech giants Alibaba and Baidu have taken stakes in local chipmaker Phytium Technology, according to information from data provider Tianyancha. The information shows that Phytium closed a strategic financing round on Oct. 8, with investors including Alibaba and Baidu's investment and M&A division. The amount of that financing was not disclosed. Founded in 2014,…
https://cntechpost.com/2021/10/08/alibaba-baidu-take-stakes-in-local-chipmaker-phytium/
Chinese tech giants Alibaba and Baidu have taken stakes in local chipmaker Phytium Technology, according to information from data provider Tianyancha. The information shows that Phytium closed a strategic financing round on Oct. 8, with investors including Alibaba and Baidu's investment and M&A division. The amount of that financing was not disclosed. Founded in 2014,…
https://cntechpost.com/2021/10/08/alibaba-baidu-take-stakes-in-local-chipmaker-phytium/
CnTechPost
Alibaba, Baidu take stakes in local chipmaker Phytium - CnTechPost
Alibaba and Baidu have taken stakes in local chipmaker Phytium Technology, according to information from data provider Tianyancha.