Dorothy Zheng

SMIC's FinFET process is in production and has a capacity of 15,000 wafers per month, Zhao Haijun, the chief co-executive officer of the leading Chinese contract chipmaker, said Friday.

WeChat had 1.24 billion combined monthly active accounts in the first quarter, up 3.3 percent year-over-year and up 1.4 percent from the previous quarter, according to Tencent's earnings report for the first quarter.

Luckin Coffee's stock is still tradable on the OTC market despite its delisting, up nearly 70 percent so far this year.

Chinese e-commerce giant JD.com's Jiangsu Jingdong Cargo Airlines has passed the initial review by the Civil Aviation Administration of China (CAAC) East China Regional Authority, according to a CAAC announcement Tuesday.

Huawei plans to recruit 1,000 start-ups and build 100 scale-ups, the company said.

Xiaomi became the smartphone brand with the largest market share in Europe for the first time in the second quarter, overtaking Samsung and Apple, according to Strategy Analytics.

The recruitment includes 64 job types, including R&D, algorithms, testing, operations, security, product, product operations, design, business analysis, HR and retail.

China's public cloud IaaS+PaaS market reached $4.63 billion in the first quarter, according to the latest data released by Internet Data Center (IDC).

China shipped about 78.1 million smartphones in the second quarter, down 11.0 percent year-over-year, according to a report released Wednesday by Internet Data Center (IDC).

TSMC will adjust the Nanjing plant's 7nm process to 28nm, possibly to guard against trade risks.