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Huawei's Rotating Chairman says will continue to invest in HiSilicon
Guo Ping, Huawei's Rotating Chairman, said that Huawei will continue to invest in its chip designing arm HiSilicon, while helping front-end partners improve and build their capabilities. "We believe that in a few years there will be a stronger HiSilicon," he said.
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Huawei's HiSilicon drops out of world's top 10 IC designers
Among the world's top 10 IC design vendors, Broadcom, Qualcomm and NVIDIA ranked in the top three, MediaTek and AMD ranked fourth and fifth, and Huawei HiSilicon ranked outside the top 10, according to a report released by TrendForce's Topology Research Institute.
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Chinese retail giant Suning may offer big subsidies for NIO car purchases on its online platform
Chinese retail giant Suning may offer consumers a big discount on NIO cars in its upcoming shopping promotion.
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US-listed Chinese education firm GSX Techedu faces SEC probe, shares down another 4% pre-market
GSX Techedu, a US-listed Chinese education company, began facing an investigation by the US Securities and Exchange Commission (SEC) after a spate of attack by short-sellers.
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MediaTek denies cancelling 5nm high-end chip plans
Rumors have been circulating that MediaTek has cancelled its plans to develop a high-end 5G platform based on the 5nm process, which would have been almost entirely tailored for Huawei.
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NIO delivers a record 3,965 vehicles in August, up 104.1 percent year-on-year
Chinese EV maker NIO delivered 3,965 vehicles in August, up 104.1 percent year-on-year and setting a new record high.
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NIO affiliate gets patent for facial recognition
Shanghai Weilan Power Technology Co., Ltd., an affiliate company of Chinese EV maker NIO, recently added a patent that features "dynamic facial recognition device and method, computer program" to its patent portfolio, information from data provider Tianyancha showed.
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US said to clarify limits of WeChat, TikTok crackdown around Sept 20
The Trump administration is debating the scope and effective date of its bans on Chinese social media apps WeChat and TikTok and the decisions will be made public in the Federal Register around September 20, Bloomberg reported Wednesday citing people familiar with the matter.
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CICC initiates coverage of Li Auto with 'outperform' rating and price target of $21.50
China's top investment bank CICC Wednesday initiated coverage of Chinese EV maker Li Auto with an outperform rating and a target price of $21.50, meaning a 20 percent upside space from Wednesday's close.
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NIO completes offering of new shares, why is it increasing ownership in NIO China?
Chinese EV maker NIO announced Wednesday the completion of the offering of 101,775,000 American depositary shares, each representing one Class A ordinary share, which included the exercise in full by the underwriters of their option to purchase up to an additional 13,275,000 ADSs, at a price of US$17.00 per ADS.