Industry

Luckin Coffee, known as "China's Starbucks", has set up a new technology company in Hainan with a registered capital of RMB 10 million ($1.5 million).

Lenovo's revenue for the quarter ended December 31 reached $17.25 billion, up 22.3 percent year-on-year, according to financial reports released today by the tech giant.

Chinese tech giant Huawei will unveil its next-generation folding flagship Mate X2 on February 22, which will be powered by Kirin 9000 processor.

Genshin Impact, a popular mobile game produced by Chinese game developer miHoYo, had previously avoided distribution on China's Android channel. But now, things have changed.

Beijing-based TikTok owner ByteDance sued Tencent on Tuesday, accusing it of abusing its dominant market position. Tencent responded to the allegations as malicious and said it would file a lawsuit.

By the end of 2022, Huawei will create 110 new jobs in Ireland and plans to invest $80 million in research and development, according to c114.com.

Alibaba's revenue for the third quarter of fiscal 2021 increased 37% year-on-year to RMB 221.08 billion ($34 billion), beating market expectations of RMB 214.158 billion and was higher than the RMB 161.456 billion in the same quarter last year.

Phones that can enjoy the high frame rate mode include the latest Xiaomi 11, and the VIVO X60 Pro+.

Duan sold 100 GME naked call options (equivalent to 10,000 GME shares) that expire on February 12 a few days ago, giving him a profit of more than $400,000 based on a $40-a-share premium.

The Chinese market contributes 23.9 percent of AMD's revenue in 2020, surpassing the US at 23.5 percent to become the semiconductor company's largest market.