Tech2105

Alibaba reportedly to release Arm server chip
The chip has 128 cores and is built on a 5nm process, making it the most advanced server chip in terms of process, surpassing similar products from Amazon and Huawei. ...
Appliance giant Midea unveils OpenHarmony 2.0-based IoT system
Midea becomes the first company other than Huawei to build an IoT system based on OpenHarmony 2.0. ...
Honor resumes ties with Google, Honor 50 series to carry GMS
Honor has resumed cooperation with Google, and its new models in overseas markets will carry Google Mobile Services (GMS), promising to get its overseas business back on track. ...
Alibaba, Baidu take stakes in local chipmaker Phytium
Alibaba and Baidu have taken stakes in local chipmaker Phytium Technology, according to information from data provider Tianyancha. ...
Meituan fined $533 million for forced exclusivity
The amount Meituan was fined was lower than analysts expected and also lower than the amount fined to e-commerce giant Alibaba. ...
Alibaba to invest RMB 100 billion to help common prosperity
Alibaba has launched the "Ten Actions to Promote Common Prosperity" and will set up a special permanent institution for this purpose. ...
Honor opens global headquarters in Shenzhen
Honor, which was spun off from Huawei late last year, said on Monday it opened its global headquarters in Shenzhen. ...
Meituan's Q2 revenue up 77% year-over-year to $6.77 billion
Meituan's revenue rose 77 percent year-over-year to RMB 43.76 billion ($6.77 billion) in the second quarter, with a net loss of RMB 3.36 billion. ...
VR startup Pico confirms acquisition by ByteDance
Chinese VR startup Pico has confirmed in an all-staff letter that it has been acquired by Beijing-based TikTok parent company ByteDance, jiemian.com reported Sunday. ...
China's IC exports expected to grow 18% this year
China's IC imports rose 27.2 percent year-over-year to $233.33 billion from January to July 2021, up 42.1 percent year-over-year, according to China Customs. ...
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