Industry

China shipped 25.66 million cell phones in June, down 10.4 percent year-over-year and up 11.7 percent from May.

Chinese smart wearables maker Zepp Health announced its wearable operating system Zepp OS at a launch event on July 13, and it will be available in the fourth quarter of this year.

JD.com unveiled Yunjian, an operating system for cloud servers, at the JD.com Cloud Summit 2021 on July 13, which the company says is the first of its kind in the industry.

Following the latest news, Tencent's shares traded quickly higher in Hong Kong, rising 4 percent to HK$556.

Chinese smart wearables maker Zepp Health announced Monday that it will release its next-generation Huangshan chip and develop its own operating system on July 13.

The mini-programs in WeChat and Alipay provided users with access to services without having to download Apps. Under normal circumstances, this would be convenient for both users and service providers, but when these mini-programs are not available, it can also have an impact on the operators' business.

Didi, the Chinese ride-hailing giant listed on the New York Stock Exchange, was down about 30 percent at one point before its losses shrunk to about 22 percent. Didi only went public in the US last week, and Tuesday was its fourth day of trading.

Apple supplier Luxshare Precision recently established a chip manufacturing company in Kunshan City, Jiangsu Province in eastern China, with a registered capital of 300 million yuan ($46.4 million).

OPPO's affiliate recently added the design, development, and sale of semiconductors and their components to its business scope.

The peak year for such company registrations is 2020, with 172,000 new companies, and 153,000 new companies in the first half of this year, up 150.8 percent year-on-year.