Industry

The report said ByteDance is actively building an AI chip team and has offered many chip-related positions on Chinese recruitment platforms.

Chinese smart wear company Zepp Health Corporation reported fourth-quarter revenue of $302.3 million, down 0.33 percent year-on-year, according to the company's earnings release on March 15.

The Hong Kong Monetary Authority is working with the Digital Currency Research Institute of the People's Bank of China to test cross-border payment technologies using digital RMB and make the appropriate technical preparations, said Chief Executive of HKMA Eddie Yue.

Chinese manufacturers' OLED panels reached a market share of 13.2 percent in 2020, surpassing 10 percent for the first time, a new report shows.

China has made a breakthrough in converting solar energy into liquid fuels, with a project producing a liquid product with 99.5% methanol content, according to CCTV.

Energy Monster, a Chinese power bank sharing company, filed a registration statement with the SEC, planning to list on the Nasdaq under the ticker symbol "EM".

A survey conducted by Mizuho showed that about 10 percent of the US stimulus check could be used to buy bitcoin and stocks, equating to a total of about $40 billion.

Tianfeng International analyst Ming-Chi Kuo on Monday lowered his forecast for AirPods shipments this year by 30-35 percent to 75 million units-80 million units, meaning he expects Apple's shipments of the product to fall by 10-15 percent year-on-year this year.

NeuraMatrix, incubated by Tsinghua University, was founded in November 2019. It has a team of about 50 people, mainly R&D and product engineers.

Baidu's AI chip unit Kunlun has completed a new round of financing at a valuation of $2 billion, Reuters said Monday, citing sources.