Industry

By the end of August this year, Beijing had built 44,000 5G base stations, all of which were connected to the core network of the stand-alone 5G network, achieving full coverage of the city.

Chinese tech giant Huawei plans to produce about 50 million smartphones in 2021, which would be a 74 percent drop from the company's expected shipments in 2020, South Korean media outlet TheElec reported.

NIO recently raised $1.7 billion in capital markets. In addition to buying back a portion of NIO China stake, the funds raised will be used for high-level driverless systems and overseas market expansion.

As of August 26, Alibaba owned 19% of Xpeng's Class A common stock, or 13.3% of Xpeng's outstanding common stock, according to Alibaba and Xpeng's filings with the US Securities and Exchange Commission.

The upcoming Huawei HiSilicon Kirin 9000 series chipset will include two models, the Kirin 9000 and Kirin 9000E, according to Twitter user @RODENT950.

PUBG Mobile has added 90 FPS support for the iPad Pro, improving the smoothness and visual experience of the game.

NIO founder and CEO William Li Bin said recently that NIO's home charging stations and 700 superchargers nationwide are currently profitable, adding that the company will deploy the second-generation battery swap stations next year.

Xiaomi is working on a transparent OLED display that has a smaller size and a cheaper price than Xiaomi's previously released transparent TVs, according to a well-known Weibo blogger.

ZHITA, a sub-brand of Yangtze Memory, said on Weibo today that the online launch of its new products will be held on September 10, with the theme of making gamers feel better.

Deutsche Bank has initiated coverage on Chinese automaker NIO with a Buy rating and $24 price target, representing a 33 percent upside potential from Friday's close.