Tech

Apple supplier Luxshare Precision recently established a chip manufacturing company in Kunshan City, Jiangsu Province in eastern China, with a registered capital of 300 million yuan ($46.4 million).

OPPO's affiliate recently added the design, development, and sale of semiconductors and their components to its business scope.

The peak year for such company registrations is 2020, with 172,000 new companies, and 153,000 new companies in the first half of this year, up 150.8 percent year-on-year.

Honor of Kings and Game for peace are all popular games from Tencent, and behind this is the company's near-frenzied investment.

Bad luck is not over for Didi Chuxing, the Chinese ride-hailing giant that just went public in the US after it encountered China's cybersecurity review.

ByteDance is considering whether to eliminate the requirement to work every other Sunday and will likely announce a decision in the near future.

Huawei has achieved more than 200 percent growth in the infrastructure-as-a-service (IaaS) public cloud market for the second consecutive year and entered the top five for the first time in 2020 with $2.7 billion in revenue, according to research firm Gartner.

Chinese CPU designer Loongson Technology has applied for an A-share listing to fund its research and development.

On June 28, the first metro train based on Chinese standards developed by CRRC rolled off the production line in Zhengzhou, Henan Province, marking a major innovative breakthrough in the country's metro vehicle technology.

It has a total installed capacity of 16 million kilowatts, second only to Three Gorges' 22.5 million kilowatts.