Tech Industry
One of the most influential cryptocurrency media stops operations in China
Chinese cryptocurrency media outlet Bishijie.com has announced it is ceasing operations of its app and website as of July 15, according to local media outlet Jiemian.com.
Tencent hiring for its entry into chip design
After Baidu and Alibaba, Chinese tech giant Tencent is also starting to enter the chip design field.
Top Chinese universities set up IC schools
The Integrated Circuit schools at China's top universities Peking University and Huazhong University of Science and Technology were established on Thursday and Wednesday, respectively, the third and fourth Chinese universities to set up the schools within six months.
ByteDance reportedly enters takeaway space to take on Meituan
Douyin, the Chinese version of Byte Dance's TikTok, has recently set up a takeaway business team and has been testing it recently, tech media Tech Planet reported Wednesday.
China's express business volume exceeds 50 billion pieces in H1, close to full year 2018
China's online retail sales of physical goods reached RMB 5.03 trillion yuan ($778 billion) in the first half of the year, up 18.7 percent year-over-year.
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.
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.