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Baidu CTO says Kunlun 2 chip to be launched in second half of this year
Because of the uncertainty of the chip development process, the exact date cannot be determined yet.
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Meituan plans to raise nearly $10 billion through stock and convertible bond sale
After the move Meituan will have $18 billion in net cash, compared with $17 billion for Pinduoduo, $15.7 billion for JD.com and $51.6 billion for Alibaba, Nomura said.
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China opens world's largest Internet test facility backbone network
With the help of FITI, the number of IPv6 addresses owned by China jumped to No. 1 in the world in early April, the report said.
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Douyin aims to reach 680 million daily active users this year
Douyin generated more than RMB 31 billion in ad revenue in the first quarter, and news aggregator Toutiao generated more than RMB 9.1 billion in ad revenue in the first quarter.
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Luckin Coffee signs investment deal with two shareholders
Under the agreement, Centurium Capital has agreed to invest approximately $240 million in a private placement of Luckin Coffee's senior convertible preferred stock.
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Loongson unveils in-house developed instruction set architecture LoongArch in historic breakthrough
Chinese chip maker Loongson Technology on Thursday unveiled its fully in-house developed instruction set architecture, Loongson Architecture, or LoongArch, marking a major milestone for the Chinese IC industry.
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Huawei's new approach makes it easy for developers to turn GMS apps into HMS apps
Huawei on April 14 launched an open-source solution called Choice SDK that turns existing Google Mobile Services (GMS) apps into Huawei Mobile Services (HMS) apps.
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Unisoc to announce 6nm 5G T7520 chip progress on April 20
Unisoc has previously announced that the Tiger T7520 will be available three months ahead of schedule, with the chip releasing in February 2020, using the 6nm EUV process for the first time.
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Meituan ruled to pay Ele.me about $53,852 for unfair competition
Meituan, a Chinese shopping platform for locally found consumer products, has been ruled to pay local competitor Ele.me RMB 352,000 ($53,852) for unfair competition infringement.
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China ranks first in AI patent applications, 7.2 times more than US
China's AI patent applications amounted to 389,571, accounting for about 74.7 percent of global applications.