Phate Zhang

The company reported an adjusted loss of 1.44 billion yuan in the fourth quarter of 2020, compared with a profit of 2.27 billion yuan in the same period of 2019.

It achieved revenue of $47.24 million in the fourth quarter, a 136.5% jump year-on-year, and has achieved year-on-year growth rates of more than 100% for five consecutive quarters.

Chinese tech giant Huawei's operating system HarmonyOS could become commercially available as soon as April and no later than mid-year.

China's state broadcaster CCTV posted a comment on its WeChat account saying the mistake was "staggering" and that "it's an inexcusable oops."

Going public can be a complicated process, especially considering the amount of documentation that needs to be prepared. So, is there a shortcut? Chinese video platform Bilibili seems to have found one.

Xiaomi said on Friday it will launch a new self-made chip in its Surge series at the planned event on March 29, marking the chip's return after four years without any new releases.

The MIX series is the top-of-the-line flagship of Xiaomi's phones, with the goal of exploring cutting-edge technology.

Crypto exchange Coinbase revealed on March 24 that its institutional custody platform helped Chinese tech company Meitu purchase and custody about $90 million in Bitcoin and Ether.

The marks a major e-commerce collaboration between the two large Chinese tech giants.

China Mobile's investment in 5G totaled RMB 102.5 billion ($15.68 billion) in 2020, with 340,000 new 5G base stations built and a cumulative total of 390,000 5G base stations opened.