Phate Zhang

  • Yinxiang, Chinese version of Evernote, closes hundreds of millions of RMB in Series B funding

    In June 2018, Yinxiang became independent from Evernote, reorganized as a Sino-US joint venture independent operating entity, and received its first round of funding of hundreds of millions of RMB.

  • BOE says its flexible AMOLED production line yield rate is over 80%

    BOE's 6th generation production line is a fully flexible line, corresponding to high-end flexible AMOLED products, the company said in an exchange with investors.

  • Luckin Coffee said to be bringing in PE investment

    Luckin Coffee is in talks with private equity (PE) firms for a new round of investment, and from more than one investor, Chinese media outlet PEdaily reported Wednesday.

  • Huawei brings live Esports scores to its smartphones via virtual assistant

    Chinese technology giant Huawei today announced that Huawei Assistant will be the first virtual smartphone assistant to support Esports "cards" with the latest scores, results, and news from major gaming events, leagues, and tournaments around the world.

  • China makes breakthrough in a key step in chip manufacturing

    A Chinese company has announced the successful production of an ion implantation machine made entirely with local technologies, marking a breakthrough in a key aspect of chip manufacturing, Xinhua reported on March 17.

  • Luckin Coffee stock jumps over 40% as it signs restructuring deal with major debt holders

    Luckin Coffee is actively using multiple sources to raise capital, "and is currently in a 30-day internal discussion with credible investors to raise at least $250 million through a private placement," it said.

  • HarmonyOS upgrade may only support phones with Kirin 710 or newer chips

    Chinese tech giant Huawei's new system HarmonyOS's upgrade may only support phones with Kirin 710 or newer chips, according to a well-known digital blogger on Weibo.

  • China Mobile said to consider A-share listing

    China Mobile is discussing a potential A-share offering with advisers to seek new sources of financing for the development of its 5G network.

  • NetEase launches Clubhouse-like app KUMOO in Japan

    NetEase recently launched an app called KUMOO in Japan with an interface similar to Clubhouse, according to tech media Tech Planet.

  • Huawei to start charging 5G royalty rates this year

    Huawei will offer a reasonable percentage rate applied to the phone's selling price, the company said, without disclosing the exact percentage.