TikTok becomes first app not owned by Facebook to reach 3 billion downloads
TikTok and its Chinese version Douyin reached 65 million downloads in June, bringing its cumulative downloads to 3 billion, making it the first non-Facebook app to reach this milestone, according to a report by mobile app data analytics firm Sensor Tower.
China's civil airliners will all be equipped with BeiDou devices by 2024
China's civil aircraft, of which there are roughly 3,800, will all be equipped with BeiDou equipment by 2024, China Aerospace Science and Technology Corporation (CASC) said Wednesday.
Huawei P50 Pro will reportedly be powered by Kirin 9000 at launch, and will switch to Qualcomm chips in few months
Restrictions on access to chips have made the launch of Huawei's P50 series of smartphones difficult. Now, the company seems to have found a compromise.
Xiaomi smart factory Phase II construction began, expected to produce 10 million phones per year
Chinese smartphone giant Xiaomi Smart Factory Phase II officially started construction today in Beijing's Changping District, its latest effort to automate production since its "Black Light Factory" debut last August.
China issues three-year action plan for new data center development
China strives to raise the average utilization rate of national data centers to over 55 percent by the end of 2021, with total computing power exceeding 120 EFLOPS, and to reduce the PUE of new large and above data centers to below 1.35.
Meituan raises nearly $400 million from Tencent through share offering
Chinese life service app Meituan has raised nearly $400 million from Tencent in a stock offering to further fuel its business expansion.
China's cell phone shipments down 10% year-over-year to 25.7 million units in June
China shipped 25.66 million cell phones in June, down 10.4 percent year-over-year and up 11.7 percent from May.
Zepp Health unveils in-house developed wearable operating system and new chip
Chinese smart wearables maker Zepp Health announced its wearable operating system Zepp OS at a launch event on July 13, and it will be available in the fourth quarter of this year.
Chinese e-commerce giant JD.com unveils operating system for cloud servers
JD.com unveiled Yunjian, an operating system for cloud servers, at the JD.com Cloud Summit 2021 on July 13, which the company says is the first of its kind in the industry.
Chinese market regulator unconditionally approves Tencent's acquisition of Sogou stake
Following the latest news, Tencent's shares traded quickly higher in Hong Kong, rising 4 percent to HK$556.