Industry

Wang Chengluo, president of Huawei's Consumer Business Software Division, said yesterday that EMUI 11 will be released in the third quarter of this year.

India has decided to keep Huawei from 5G rollout plans, the Sputnik reported citing sources in the electronics and information technology ministry.

The initial public offering price of China's biggest foundry, Semiconductor Manufacturing International Corporation (SMIC), is set at RMB 27.46 and the scale of fund raising will exceed RMB 50 billion if an over-allotment option is exercised.

Chinese flexible display maker Royole is considering an IPO in China, while its original plans for a U.S. launch are on hold, Bloomberg reported citing people with knowledge of the matter.

British Prime Minister Boris Johnson is expected to begin phasing out the use of Huawei’s technology in the country’s 5G network as soon as this year, The Daily Telegraph reported on Saturday.

The openEuler open source community has launched the Ceph SIG (Special Interest Group) to complete the adaptation of the openEuler operating system for distributed storage scenarios.

The Shenzhen Blockchain e-invoice, which is supported by Tencent Blockchain's underlying technology, has issued 25 million invoices, with a total value of 25.9 billion yuan.

China's connected car market is expected to explode in 4-5 years as Chinese willingness to pay for connected car features increases, Deloitte said in a report The middle claims.

China's mobile Internet traffic maintained rapid growth, with per capita mobile Internet access traffic exceeding 10GB in May, according to a report released by China's Ministry of Industry and Information Technology.

Tesla has opened up reservations for the Cybertruck, an electric pickup, in China for a deposit of 1,000 yuan ($141), slightly more than the $100 reservation fee in the United States.