Phate Zhang

Simon Hu, CEO of Ant Group, said in an internal email on March 12 that he will resign and will be in charge of Ant ecological social welfare-related projects in the future.

Shares of Chinese social media and gaming giant Tencent Holdings plunged more than 4 percent in Hong Kong trading, amid reports by Bloomberg that the company has become the next target of China's increased regulation in the fintech sector.

"In fact, not only has demand not decreased, but sales of iPhone 12 and iPhone 12 pro have been better than expected."

The working group is scheduled to meet twice a year to share updates on technology and trade restriction policies between the two countries.

Huawei recently pushed out HarmonyOS 2.0 Developer Preview Beta 2 for phones and tablets, two months after the first push of the system.

This was mainly due to the sanctioned Huawei phones and the release of the OPPO Reno5 series of phones.

Zhihu reported a net loss of RMB 518 million in 2020, narrowing by 48.2% from a net loss of RMB 1 billion in 2019.

The Shanghai Securities News quoted senior industry sources as saying that, in addition to EUV lithography, SMIC can buy almost all other types of lithography, including DUV lithography.

Pingduoduo's short-lived victory may be directly related to its series of promotions.

SMIC signed an order with ASML Holding N.V. for the purchase of its products used in the production of wafers for a total amount of $1.2 billion, the company said in an announcement today.